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Hotel company to purchase central business district plot in Perth   5 Oct, 2015

GP Hotel Perth WA has been nominated to exercise the option to purchase the properties located at St Georges Terrace and Pier Street in Perth, Australia, which had originally been granted by the vendors to a third party.More>>

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Ethiopia to get new-build Hilton hotel in 2020   5 Oct, 2015

Hilton Worldwide has signed a management agreement with Sunshine Business PLC for the upscale Hilton Awassa Resort & Spa, Ethiopia, which is expected to open in 2020. Construction is set to begin later this year. More>>

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Amaris Hospitality to rebrand 21 of its 89 UK hotels   5 Oct, 2015

Amaris Hospitality has announced its intention to rebrand 21 hotels from its portfolio of 89 properties and invest more than £100 million in the transformation and refurbishment of these hotels. The decision follows a review of the company's portfolio conducted by the group’s management team...More>>

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Ireland's hotel deals approach €650M for 2015   5 Oct, 2015

According to a report from CBRE Ireland, for the first nine months of 2015, a total of 54 hotels with a combined value of almost €650 million were sold throughout Ireland. This compares with 64 sales last year, totaling over €422.5 million, and 33 transactions in 2013 with a combined value of...More>>

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Israel's Leonardo Hotels checking into Edinburgh   2 Oct, 2015

Leonardo Hotels, the European arm of Israel's Fattal Hotels, is spearheading a £65-million development in Edinburgh of the India Buildings into a hotel. A planning application for the 235-room hotel was submitted, with work set to begin as early as next summer. The hotel would be expected to be...More>>

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JV to bring Travelodge brands to Thailand   2 Oct, 2015

Travelodge Hotels Asia has entered into an agreement with Thailand's Absolute Hotel Services Group (AHS) to form Travelodge Thailand, a joint venture to bring the Travelodge brands to Thailand. Four brands will be entering the Thai market: Nano by Travelodge, One by Travelodge, Skye by Travelodge...More>>

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As high-end U.S. hotels come to market, foreign investors stand at the ready   2 Oct, 2015

Investor appetite for luxury hotels in the U.S. has always been high. In gateway markets, where barriers to entry remain relatively high, acquiring high-end hotel assets is the quickest most efficient way for an investment group to get into a city. With word of the Mandarin Oriental in Boston up...More>>

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Record visitor numbers, country's popularity draw international hotel companies to Germany   1 Oct, 2015

A number of hotels, including IHG, Hilton Worldwide and Meliá Hotels International, are basing a good portion of their growth on Germany. In fact, Germany has become the most important growth market in Europe for Meliá, behind only its home country of Spain. The hotel industry's growth in Germany...More>>

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Panel: Dubai ready for boutique development   1 Oct, 2015

Dubai is ready to explore the boutique hotel sector with some areas of the emirate ripe for this niche, according to experts on a panel at The Vision Conference. Despite the fact that the cost of building a hotel in Dubai can be a challenge, there's massive potential, they said.More>>

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Absolute Hotel Services plans Europe hotel buys   1 Oct, 2015

The Thailand-based hotel investment and management group plans to aggressively expand its hotel business overseas, aiming to acquire 10 properties in Europe over the next three years. The group is also developing its first hotel in Turkey and recently formed a joint venture with Travelodge Hotels...More>>

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