Hotel News
Atlantis, The Royal’s US$44 million “super penthouse” snapped up by mystery buyer
The Atlantis, The Royal Residence spans three floors, has its own sky garden and two private pools
Hualapai Lodge on historic route 66 completes renovation
The Hualapai Lodge on Historic Route 66, owned and operated by the Hualapai Tribe, completed the $400,000 renovation of all 56 rooms and has received a 3 Diamond AAA Rating.
Morocco’s L’Amphitrite Palace prepares to upgrade
It’s challenging to make a beautiful resort property even more so, however, L’Amphitrite Palace is up to the challenge and is planning to introduce an upgrading program in this next winter season.
First Hotel Indigo signed in Southeast Asia
188-room boutique hotel to open in Bangkok by end of 2012.
Hotel price fixing allegations hit World Cup
Tourism officials in South Africa have announced an investigation into price collusion among hoteliers ahead of the FIFA World Cup. The allegations follow a separate investigation into airline ticketing earlier this year.
Over 2,000 hotels in development globally, as China leads way
Over two thousand hotels are presently in development across the globe, with the Asian/Pacific region leading the charge, according to the latest STR Global Construction Pipeline Report.
Global slowdown hits Chinese hotels
Rapid growth in the Chinese hotel sector was reversed during 2009, with the economic downturn largely to blame. Data from STR Global find the revenue per available room (RevPAR) achieved by Chinese hotels fell by 26.2 percent during 2009 when compared with a year ago – underlining their poor performance.
US and UK hotels continue to suffer
Hotel room rates, occupancy levels and revenues in both the US and the UK continued to fall for the last three months of the year. In the US, average daily rate slumped 5.9 percent in the week 6-12 December compared to the same period in 2008 to $96.04.
US hotel industry has poor November
Heavy discounting led to a fall in the overall business health of the US hotel industry last month. Room rates, revenues and occupancy levels combined fell by 1.8% in November overall, compared with just 0.1% in October.
Hilton Family Hotels Announces Summer Promo
This year, travel becomes more memorable with the help of Hilton Family of Hotels, American Express, and Shutterfly.
Design Hotels add new hotels to portfolio
Three stunning properties by MURANO Hotels & Resorts that are now part of Design Hotels™’ curated portfolio.
Asia’s fastest growing 5 star hotel brand expands with 5 additional hotels
Pullman hotels designed for the modern business and leisure traveler, announced today the addition of 5 hotels to its ever growing network in Asia.