Month: January 2025

The Kimpton Santo Hotel, the recently opened luxury hotel in downtown San Antonio, Texas, has partnered with the global mobile ordering experts at IRIS to provide guests and staff with an innovative digital ordering platform that enhances efficiencies and guest experience.

Transaction volumes in the UK hotel real estate market reached c. £1.8 billion in the last quarter of 2024, a remarkable 176% increase against the same period in 2023. The rise in Q4 was driven largely by the reported £900 million sale of ADIA’s Marriott hotel portfolio to KKR’s Amante...

Aimbridge Hospitality, a leading, global hotel management company and the world’s largest third-party hotel operator, today announced that it has entered into a Restructuring Support Agreement with overwhelming support from its first and second lien lenders and its existing sponsor that would right-size the Company’s capital structure by converting more...

A total of 715 deals comprising mergers and acquisitions, private equity, and venture financing deals were announced in the travel and tourism sector globally during 2024, which represented a year-on-year decline of 4.3% compared to 747 deals announced during the previous year, according to GlobalData, a leading data and analytics...

In the dynamic world of hospitality, where every decision influences the bottom line, comp sets—or competitor sets—play a pivotal role in benchmarking and profit intelligence. The right comp set doesn’t just offer data; it delivers context, enabling hotel operators to make informed decisions that optimize operations and boost profitability.

As we move into a new year, it could be time to take the plunge and move across the world to a dream destination! According to our annual Travel Predictions research, 57%* of travelers have said that they’d vacation in a holiday home property so they can experience living in...

In this episode, Michael Levie, co-founder of citizenM, shares the story of how the innovative brand began, the challenges they faced, and the unique strategies that set them apart in the industry.

MGM Grand Hotel & Casino is revealing details surrounding its $300 million remodel encompassing all of the hotel’s 4,212 rooms and suites within its main tower. The transformation, which is slated for completion in December 2025, is set to enhance the overall guest experience with modern, sophisticated design elements inspired...

Accor announced the signing of the new Swissôtel Shanghai Hongqiao, located within the burgeoning Shanghai Hongqiao Gubei Business Development Area, adjacent to the Caohejing Economic and Technological Development Zone. This prime location will appeal to both business and leisure travelers, offering easy access to downtown offices, shopping, and entertainment. With...

Mercure, dedicated to celebrating local experiences since 1973, is delighted to announce the opening of Mercure Garut City Center, a gateway to the scenic beauty and vibrant culture of Garut.