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Landmarked Welsh property sold to Premier Inn Hotels   20 Aug, 2015

Whitbread Hotels and Restaurants, which owns the Premier Inn brand, agreed on the terms for the sale of the flagship Bay Hotel with Opus North, a property development and investment company in Yorkshire.More>>

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Karisma Hotels plans to own and operate 30 resorts by 2020   20 Aug, 2015

The company currently owns and manages properties across Latin America, the Caribbean and Europe, and is seeking to expand internationally.More>>

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Trump Hotels to open luxury resort in Bali   20 Aug, 2015

Following the recent visit of an MNC Group delegation to New York City, Donald J. Trump and Hary Tanoesoedibjo hosted the official signing ceremony on Friday, August 14.More>>

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Hotel deals surge throughout Australia as RevPAR grows   19 Aug, 2015

A spate of recent signings from local and international developers and strong RevPAR numbers indicate notable strength in the country's hospitality scene. And it shows no signs of slowing down.More>>

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Melbourne Hilton goes on the market; could fetch $250M   19 Aug, 2015

U.S. REIT Host Hotels & Resorts and developer Plenary Group are looking to sell the Hilton Melbourne South Wharf Hotel. The 364-room hotel is part of the Melbourne Convention and Exhibition Centre precinct and the South Wharf development.More>>

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Dublin hotel is sold, franchised back for AccorHotels   19 Aug, 2015

The Hotel Ibis Dublin on the Naas Road in Dublin 22 has been sold and franchised back in an off-market transaction on behalf of AccorHotels. The price was undisclosed.More>>

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Rush of foreign capital into the U.S. to hit record levels   19 Aug, 2015

Foreign capital is enamored with U.S. hotels and it's the reason why cross-border investment, according to JLL, is poised for a record-setting year. As of mid-year, JLL estimates total cross-border investment in U.S. property at $24.1 billion, compared to the $23.6 billion recorded during the full...More>>

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Singaporean-backed Park Hotel targeted for Adelaide   18 Aug, 2015

Development company LGB Australia and Singapore-based Park Hotel Group are teaming on a proposed hotel in Adelaide, Australia's central business district. The 30-story hotel and apartment development has been proposed for the old State Bank building on Pirie St.More>>

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Canadian mayor seeks Chinese capital to invest in Hilton Project   18 Aug, 2015

Mayor Bill McKay of Nanaimo, a city on Vancouver Island in British Columbia, reportedly wants to take a trip to China to discuss investment for a proposed Hilton hotel, which is currently seeking financing. The bid to go overseas comes just a year after Nanaimo Economic Development Corporation went...More>>

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Philippine holding company invests in first hotel   17 Aug, 2015

A Philippine family business is venturing into the hospitality industry with a new hotel in Alabang.More>>

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