In an increasingly tight real estate market, more and more investors are finding value in adapting obsolete buildings.
China’s hotel construction pipeline hits all-time high
Analysts at Lodging Econometrics report that at the end of the first half of 2019, China’s total construction pipeline swelled to 2,991 projects/592,884 rooms, up 19% by projects and 7% by rooms year-over-year (YOY), both at all-time highs, amidst an economic slowdown.
Aimbridge Hospitality and Interstate Hotels & Resorts to merge
The combined company will manage a portfolio of more than 1,400 branded and independent properties in 49 states and 20 countries.
Tmall Culture aims to connect worldwide museums with one billion Chinese tourist
Tmall Culture fascinated Paris with the Summer Palace and the Old Summer Palace, aiming to be a bridge connecting worldwide museums with one billion Chinese customers
Millennials now fastest-growing demographic for Diamond Resorts
Vacation ownership company, Diamond Resorts, experiences significant member growth across all age groups
HVS: Israel’s hotel sector shows record performance
otels in Israel saw another record performance in 2018 as the country experienced a lull in geo-political turmoil and a rise in incoming tourist numbers, according to a new report by global hotel consultancy HVS.
Marriott will eliminate single-use toiletry bottles
Marriott International announced that it’s expanding an initiative to replace tiny, single-use toiletry bottles of shampoo, conditioner and bath gel in guestroom showers with larger, pump-topped bottles.
Teneo adds 50 luxury European hotels to portfolio
Hotels span independent properties, small luxury brands and premium brands under major European flags
Expedia reveals best time to book flights for the 2019 holiday season
Data highlights how far in advance to book airfare, best dates to travel and other tips to help travelers plan ahead and save.
National Geographic Journeys introduces new trips for 2020
National Geographic Expeditions has entered into its fifth year in partnership with G Adventures and has added eight new trips to their National Geographic Journeys collection
