The property is Pestana's second hotel in Spain, following the company's Spanish debut in Barcelona six years ago.
According to STR, hotels in the Middle East reported mixed results in April, while hotels in Africa posted growth across the three key performance metrics.…
Blackstone Group could get some of its formerly owned hotels back if it is the highest bidder.
Salter Brothers acquired the Next Hotel in Brisbane, Australia, from Sydney-based financial services company Challenger.
After a £1.4 billion pretax half-year loss, the tourism and travel company is expanding its own-brand hotels across Europe.
The new division combines some Hyatt properties with brands acquired in the Two Roads Hospitality deal.
Hospitality Funding and TQP Capital Partners will develop the Burlington, Vt., hotel and Hostmark Hospitality Group will operate it.
WhyHotel has opened its first West Coast office to support a new division dedicated to bringing its pop-up model to buildings on a permanent basis.
David Beckham will work with the interior design team for the former Sands Cotai Central Cotai Strip integrated resort.
The developer is working with architecture firm McIntosh Poris Associates and Kravitz Design to complete the Albert Kahn-designed building.