The business community has welcomed artificial intelligence as a key means of adapting to today’s changing workforce and recommending actions based on data analytics; however, according to experts, the hotel industry has yet to leverage it fully. A recent study by McKinsey found that as many as 78 percent of...
Starhotels ends 2024 with record results: €314.8 million in revenue and the highest net profit in its history
The Board of Directors of Starhotels Finanziaria has approved the 2024 consolidated financial statements, marking a new operational and financial record. Following the exceptional results achieved in 2023, the Group has further strengthened its leadership position within the Italian hospitality landscape, reporting the following results:
ActivumSG acquires German serviced apartment provider to scale to €500 million+ platform
ActivumSG, one of Europe’s largest independent real estate investment managers, today announces the majority acquisition of Centralis, a serviced apartment real estate platform currently focused on the German market.
Marriott International Announces Retirement of Leeny Oberg, Chief Financial Officer and EVP, Development, in 2026
Marriott International (Nasdaq: MAR) today announced that after 26 years with the company, Leeny Oberg, Marriott’s Chief Financial Officer and Executive Vice President, Development, has decided to retire effective March 31, 2026. Two long-time Marriott veterans have been named her successors. Next year, Jen Mason will become the company’s Chief...
Hilton Announces Plans to Debut its Premium Economy Brand, Spark by Hilton, in Puerto Rico this Year
Hilton (NYSE: HLT) today announces the signing of Spark by Hilton Ponce, marking the upcoming debut of the trailblazing premium economy brand in the Caribbean and Latin America. Slated to open in late 2025 in Ponce, Puerto Rico’s second largest city, Spark by Hilton Ponce will represent another market first...
IHG Continues Growth Momentum of the Holiday Inn Brand in Japan
IHG Hotels & Resorts (IHG) today announced a further agreement with FET SYSTEM INC, to rebrand two hotels to ANA Holiday Inn, bringing the first international branded hotels to Sanda and Tosu City.
Oregon Coast: A Thriving Tourism Destination
The Oregon Coast is a popular drive-to destination market that thrives on tourism. The coast offers a variety of vacation spots, from large, bustling tourism hubs to more rural destinations with small-town charm. Home to nearly 30 cities and towns, the coastal region is divided into three major sub-regions: the...
HVS Europe Hotel Transactions Bulletin – Week Ending 11 July 2025
Eagle Hills acquires Mandarin Oriental Munich from Mandarin Oriental
Scandic has entered into a framework agreement with Pandox AB and Eiendomsspar AS with the intention to acquire the hotel operations of Dalata Hotel Group Plc
Scandic Hotels Group AB (publ) (“Scandic”) has entered into a framework agreement with a consortium consisting of Pandox AB and Eiendomsspar AS (the “Consortium”) with the intention to acquire the hotel operations of Dalata Hotel Group Plc (“Dalata”) from the Consortium (the “Transaction”). Proceeding with the Transaction is conditional upon...
Five Food & Beverage Trends Getting Diners ‘Joyfully’ Back to Hotel Restaurants
The most successful hotel restaurants are ones that strike a balance between personal taste and perceived value. As a consumer myself, I am sometimes guilty of dining out and thinking: “I could have made this dish better myself at home,” or “At these prices, this meal better be worth it.”
