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Questex Hospitality to host Asia Pacific Hotel Investment Conference in Bangkok   12 May, 2015

The seventh Asia Pacific Hotel Investment Conference, part of the International Hotel Investment Forum (IHIF) Summit Series of events organized by Questex Hospitality Group, will be held 19-20 May 2015 at the Dusit Thani Bangkok.More>>

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Frasers Hospitality acquires Sydney's Sofitel Wentworth for north of $170M   11 May, 2015

Singapore-listed Frasers Hospitality has acquired the the Sofitel Wentworth in Sydney for around US$176 million. This marks Frasers' first acquisition since its initial public offering in June last year, and its third hospitality asset in Sydney. The group’s other Sydney properties are the Fraser...More>>

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Foreign investment in Myanmar's hotel sector hits fever pitch   11 May, 2015

An increase in tourism to Myanmar is pushing up direct foreign investment in the country's hotel sector. FDI has reportedly reached US$2.7 billion, Htay Aung, minister for hotels and tourism, said during a signing ceremony between Myanmar-based developer Hoang Anh Gia Lai Myanmar and Spain's Melia...More>>

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Starwood makes leadership changes and announces Middle East plans   8 May, 2015

The company announced a global shake-up of its leadership, starting with the appointment of John Peyton to the new role of SVP, brands and shared services. It also plans to double its portfolio in the Middle East, opening 50 hotels by 2019.More>>

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IHG's quarterly report shows growth in all four regions   8 May, 2015

Global Q1 comparable RevPAR was up 5.9 percent, driven by a rate increase of 3.4 percent. The company also reported the highest number of Q1 hotel signings in seven years.More>>

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Red Lion reports positive Q1 results   8 May, 2015

Comparable systemwide RevPAR increased 12.1 percent year over year, while comparable systemwide ADR and occupancy improved 5.2 percent and 330 basis points, respectively, from the previous year period. More>>

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Deutsche Bank buys Hotel Jumeirah Frankfurt   8 May, 2015

The hotel is part of the PalaisQuartier, which includes the MyZeil shopping center. The 800-million-euro ($995-million) deal is one of Germany's biggest property deals this year. More>>

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How long can the Middle East's investment market remain strong?   7 May, 2015

Investment and development have been kicked into high gear for Asia, the Middle East and Africa, as projected increases in travelers looms on the horizon and operators want to be prepared for when they come. However, as Dubai confidently opens more hotel rooms as its rates continue to fall one has...More>>

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JLL arranges the sale of the Ace Hotel Los Angeles for $103M   7 May, 2015

The 182-room hotel and 1,600-seat theater are housed in a historic 14-story Spanish Gothic property located at South Broadway and 9th Street in downtown Los Angeles. Managing director John Strauss and SVP James Stockdale led the JLL team on the transaction.More>>

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Genting Group's $4B Resorts World Las Vegas to open mid 2018   7 May, 2015

Genting Group, which has casino resorts on several continents, first projected a 2016 opening for the upcoming Resorts World Las Vegas when it bought the site from Boyd Gaming in 2013 for $350 million. Plans for the Chinese-themed resort include 3,500 rooms, an outdoor amphitheater and a possible...More>>

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Hotel Management ha+d The International Hotel Investment Forum Russia + CIS Central Asia +Turkey HOTEC North America Hotel & Tourism Investment Conference North Asia Investment Conference Asia Pacific Tourism Destination Conference