Global News

Sam Nazarian: sbe to merge with Hakkasan Group

Wall Street is abuzzÊafter billionaire hotel owner Sam NazarianÕs confirmation that he expects to close a giant merger with Hakkasan Group within 60 days that will form a huge hotel, restaurant and nightclub operation headquartered in Las Vegas with a $1 billion valuation.

Sam Nazarian
Global News

Online hotel booking scams cost Americans $1.3 billion annually

The American HotelÊand Lodging Association (AHLA) has applauded the Senate Subcommittee on Consumer Protection, Product Safety, Insurance and Data Security for taking another step in raising awareness about the prevalence and significant impact of online hotel booking scams on American consumers.

Online fraud
Global News

Hilton Garden Inn launches six region-specific hotel prototypes

Hilton Garden Inn has announced a revamped hotel design approach that provides six new, customizable hotel prototype options Ð one for each region of the world where the brand operates. The prototypes are designed for hotel developers seeking to cost-efficiently expand their portfolios while maximizing revenue.

Hilton Garden Inn
Global News

New sources of Asian investment buying European hotels

The lionÕs share of Chinese and Asian hotel industry capitalÊentering Europe of late has derived from publicly listed conglomerates, notably HNA Tourism Group and Jin Jiang International, but midsize players are trying to make a play in the region, as well.

Hotel investment
Global News

Dual-brand hotels finding footing internationally

Hotel brand companies are seeing the success of dual-branded properties in the US and looking at international markets for potential new development opportunities. Brands might initially consider the same international markets for dual-branded properties as they would for single-branded hotels.

Dual branded hotels
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