Accor and LVMH join forces to enhance Orient Express legacy

businessnewstoday- June 14, 2024 0

In a landmark agreement, Accor SA and LVMH Moët Hennessy Louis Vuitton SE have announced a strategic partnership aimed at accelerating the development of the ... Read More

Hilton to double lifestyle hotel portfolio to 700 by 2028 amidst dynamic industry growth

businessnewstoday- June 4, 2024 0

Hilton (NYSE: HLT) has announced ambitious plans to double its lifestyle hotel portfolio to approximately 700 properties by 2028. This significant expansion includes the recent ... Read More

Mandalay Bay unveils $100m redesign of convention center in Las Vegas

businessnewstoday- May 31, 2024 0

MGM Resorts International announced that Mandalay Bay Resort and Casino has completed a significant $100 million redesign of its 2.1 million-square-foot convention center in Las ... Read More

Nujuma, the first Ritz-Carlton Reserve in Middle East, opens in Red Sea

businessnewstoday- May 28, 2024 0

Today marks the grand opening of Nujuma, a Ritz-Carlton Reserve, the first of its kind in the Middle East, located in the tranquil waters of ... Read More

Royal Orchid Hotels to build Regenta Resort near Statue of Unity in Kevadia, Gujarat

businessnewstoday- May 21, 2024 0

Royal Orchid Hotels Ltd. (ROHL) announced today the signing of 'Regenta Resort,' a new luxury 5-star resort located near the world-renowned Statue of Unity in ... Read More

Hyatt announces first Hyatt Centric Hotel in Puerto Rico, enhancing Isla Verde’s touristic appeal

businessnewstoday- May 20, 2024 0

Hyatt Hotels Corporation (NYSE: H), in collaboration with Interlink and Vivo Beach Club, has unveiled plans for the first Hyatt Centric branded hotel in Puerto ... Read More

Star Asia Group to acquire Japanese domestic hotel operator Minacia

businessnewstoday- May 10, 2024 0

In a significant expansion of its hospitality portfolio, Star Asia Group, an independent investment management group specializing in Japanese real estate, has entered into a ... Read More

Braemar Hotels & Resorts announces $165m sale of Hilton La Jolla Torrey Pines and strategic financial moves

businessnewstoday- May 7, 2024 0

Braemar Hotels & Resorts Inc. (NYSE: BHR), known for its strategic focus on luxury hotel investments, confirmed the sale of the 394-room Hilton La Jolla ... Read More

MCR and BLT secure $632m refinancing for US hotel portfolio amidst tough market conditions

businessnewstoday- April 22, 2024 0

MCR, together with Building and Land Technology (BLT), a leading real estate firm with over 25 million square feet of developed real estate, has successfully ... Read More

Royal Orchid Hotels expands with opening of Regenta Central in Puri

businessnewstoday- April 15, 2024 0

Royal Orchid Hotels Ltd (ROHL) has expanded its presence in Eastern India with the opening of Regenta Central in Puri, Odisha. This new addition marks ... Read More