Travelodge has acquired the freehold of a site on the outskirts of central Madrid from Grupo JRU, with plans to convert it into a 90-room hotel. The UK-based budget hotel chain, which operates more than 610 properties in the UK and Spain, said the deal brings its total number of hotels in the Madrid region […]
Hyatt Vacation Club at Desert Oasis – Image Credit Hyatt
Timeshare occupancy rates reached 80% in 2024, surpassing hotel occupancy at 63%.
Timeshare rentals generated $3.2 billion in 2024, driven by high demand for domestic travel.
A recent report from the American Resort Development Association (ARDA) reveals that timeshare occupancy rates surpassed […]
Arora Group has announced that it has acquired short stay specialist Bloc Hotels for an undisclosed fee. The purchase includes the 245-bedroom Bloc Gatwick and the 105-bedroom Bloc Birmingham, along with two further sites in the UK that are yet to be developed. The group believes that the purchase of Bloc Hotels aligns with its […]
IHG to Open Crowne Plaza Hotel in Madinah in 2026 – Image Credit IHG Hotels & Resorts IHG Hotels & Resorts has signed an agreement to open Crowne Plaza Madinah Al Haramain in partnership with Arbah Tayba Real Estate Company. The 383-room hotel is scheduled to open in 2026 and will be located opposite the […]
Wyboston Lakes Resort has announced the appointment of Dan McDonald as business development manager to drive growth within the Conference and Training sector of the business. McDonald has more than eight years of experience as a hospitality professional, mostly recently as sales manager at Carden Park Hotel. He started his business development career in corporate […]
Winning the Click: Best Practices for Hoteliers to Design Irresistible Display Ads – Image Credit Cendyn In today’s digital world, your potential guests are just a click away, but so is every other hotel. With travelers being bombarded by distractions across the web, your hotel display ads need more than just beautiful photos and a […]
Real estate and investment company BH Group has acquired a further five hotels from operator Coast and Country for an undisclosed amount. The deal included the Windermere Hotel in Cumbria; the Burlington Hotel in Eastbourne; the Imperial Hotel in Exmouth; and the St Ives Bay Hotel and Ship and Castle Hotel, both in Cornwall. James […]
Cardiff Hotels See Rate Surge Amid Oasis Reunion Tour, Occupancy Growth Lags – Image Credit Unsplash+ The Oasis reunion tour in Cardiff significantly boosted hotel room rates, though occupancy growth remained modest due to the market’s small size. On July 4, 2023, Cardiff welcomed the return of the iconic band Oasis as they launched their […]
Queen Elizabeth 2 Hotel has announced the appointment of Shaileen Jiwa as its new general manager. With more than two decades of global hospitality experience and a “strong track record in operational excellence and people-centric leadership”, Jiwa will lead the hotel’s next growth chapter. Prior to joining the Queen Elizabeth 2, Jiwa was general manager at MGallery Gem Forest […]
The recently sold Candlewood Suites Jacksonville-Mayport, FL – Image Credit IHG Hotels & Resorts Hotel transactions under $50 million are leading the U.S. market, driven by economic factors and investor strategies. In a recent article, Bryan Wroten of CoStar writes that the U.S. hotel transaction market has seen a notable trend in 2025, with deals […]
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