Minor Hotels has reported record full-year core revenue of THB 121.4 billion (approx. USD 3.4 billion) in 2023, propelling the international hotel owner and operator’s core net profit to grow by 450% compared to the previous year.
Radisson Hotel Group to maintain expansion momentum in the Middle East and Africa
Radisson Hotel Group solidified its position as one of the leading international hotel groups in the Middle East and Africa during 2023 by signing 22 hotels, resorts, and serviced apartments, adding over 3,800 rooms to its regional portfolio, remaining dedicated to its vision of being among the top three hotel brands globally and the preferred choice for owners, guests, and employees.
Mews selected by Small Luxury Hotels of the World as preferred PMS partner
Mews, the industry-leading hospitality cloud, is now a preferred PMS partner for Small Luxury Hotels of the World™ (SLH).
Extended Stay America announces first select suites groundbreaking
Extended Stay America, announces the groundbreaking of the first new construction Extended Stay America Select Suites prototype in Wildwood, Florida. The franchised property is being developed by Southern Hospitality.
Japanese buyers take the lead as Australia’s dominant offshore investors
Japanese investors trumped buyers from North America, Hong Kong and Singapore to be the most active offshore capital in Australia’s property sector last year, new CBRE data shows.
PATA predicts strong gains in Asia Pacific international visitor numbers for 2024
The Pacific Asia Travel Association (PATA) today released the Executive Summary report for its latest forecasts for international visitor arrivals (IVAs) into and across Asia Pacific, which shows strong annual increases in numbers for 2024 with growth momentum continuing to 2026.
PATA Travel Mart 2024 is coming to Bangkok, Thailand
The Pacific Asia Travel Association (PATA) is set to organise PATA Travel Mart 2024 at the Queen Sirikit National Convention Center (QSNCC) in Bangkok, Thailand from August 27-29.
UN Tourism Secretary-General to attend 2nd Global Tourism Resilience Conference in Jamaica
UN Tourism Secretary-General H.E Zurab Pololikashvili will participate in the highly anticipated 2nd Global Tourism Resilience Conference that will be staged in Montego Bay, Jamaica, from February 16-17.
HFTP announces inaugural technology investment conference: HITEC-IC, Co-located with HITEC 2024
Hospitality Financial and Technology Professionals (HFTP®) announced the HITEC Investment Conference (HITEC-IC), a new event designed to connect hospitality technology company executives with the investment community. Scheduled for June 27–28, the conference will be co-located with the 2024 Hospitality Industry Technology Exposition and Conference (HITEC®) where 325+ companies, from start-ups to established global brands, will present the latest innovative technology solutions to the hospitality industry.
Marriott International declares quarterly cash dividend
Marriott International, Inc. today announced that its board of directors declared a quarterly cash dividend of 52 cents per share of common stock. The dividend is payable on March 29, 2024, to shareholders of record as of the close of business on February 22, 2024.
