Though most cities saw growth in occupancy and RevPAR, hotels in Zurich recorded sharp declines.

CERP has begun to accept letters of intent from investors to acquire shares of two Croatia-based hotel operators.

Despite a growing hotel pipeline by 301 projects, some African markets saw plunging performance results.

Hong Leong Group's City Developments has set its buyout bid for Millennium & Copthorne at approximately £1.8 billion.

After a challenging trading period, Middle East & Africa hotels raked in $48.40 in gross operating profit per available room this past August.

Global hotel groups rushing to enhance Poland and CEE's hotel industry discussed the path to investment.

Capsule hotels, a $159-million market in 2016, are quickly regaining force in the global hotel market.

Singapore's hotel prices are predicted to rise by 3.2 percent, contributing to the Asia Pacific region's 3.5-percent rise in hotel prices.

Cindat Capital Management and Aprirose are in talks to acquire 50-percent stakes in the QHotels Group portfolio, worth more than $660 million.