Monaco Hotel Industry Hits Record Highs During Formula 1 Grand Prix – Image Credit Unsplash
Monaco’s hotel industry reached unprecedented levels in May 2025, with average daily rates and revenue per available room hitting all-time highs.
The Formula 1 Grand Prix significantly boosted hotel occupancy, ADR, and RevPAR, surpassing previous records set in […]
The Fox and Hounds pub with rooms in the Vale of Glamorgan has been sold to an “experienced local operator” for an undisclosed fee. The pub includes eight ensuite letting bedrooms and is renowned for its food offering, as well as having a large outside seating area. The new operator plans to establish the Fox […]
Nagoya Station to Undergo Major Redevelopment to be Completed by 2040s in Japan – Image Credit Wikipedia Weekly Hotel Industry Asia Pacific News Roundup from HVS IOI Group Acquires CDL’s 50.1% Stake in Singapore’s South Beach Mixed-use Development Malaysia-based IOI Properties Group Berhad (“IOI Group”) is set to acquire full ownership of Singapore’s South Beach […]
Coworth Park, Dorchester Collection’s luxury country house hotel located in the heart of Berkshire, has launched its reimagined spa. Set within the 240-acres of countryside at Coworth Park, the spa with views over the wildflower meadow has been redesigned to reflect its natural setting. Light-filled spaces, soft textures and nature-inspired design aim to create an […]
Europe Sees Mixed Travel Intentions for Summer 2025: Rising Costs Deter Some, While China’s Interest Surges – Image Credit European Travel Commission Interest in summer travel to Europe has decreased among key long-haul markets, with rising costs and global tensions influencing decisions. However, China shows a significant increase in travel intent. The latest findings from […]
Dalata Hotel Group has extended its partnerships with three health and wellbeing charities and set a new fundraising goal of over €1m (£850,000) by 2028. The group, which operates hotels across Ireland, the UK and continental Europe, will continue working with the Marie Keating Foundation, Leukaemia Care, and Air Ambulance Northern Ireland for a further […]
Select Group acquires Old Thorns Hotel & Resort in Liphook, UK – Image Credit Old Thorns A summary of European hotel transactions provided by HVS Genefim acquires Exe Rey Don Jaime in Valencia from Atom Hoteles Genefim, the real estate investment arm of the French bank Société Générale, has acquired the four-star, 319-room Exe Rey […]
New TravelBoom Hotel Marketing Study Finds Most U.S. Travelers Book Within 1–2 Months – Confidence and Value Now Drive Booking Behavior – Image Credit TravelBoom Marketing Visit In the face of rising inflation and economic uncertainty, Americans are still prioritizing travel, but with a newfound sense of financial caution and strategic timing. According to TravelBoom’s […]
Exhibit Space for HFTP’s HITEC 2025 in Indianapolis is Sold Out – Image Credit HFTP Visit 360+ hospitality technology companies to be showcased at the premier industry event on June 16–19 Hospitality Financial and Technology Professionals (HFTP) has announced that exhibit space for the 2025 Hospitality Industry Technology Exposition and Conference (HITEC) is officially sold […]
UKHospitality Announces Leadership Changes: Kate Nicholls to Chair, Allen Simpson to CEO – Image Credit UKHospitality UKHospitality has announced leadership changes with Kate Nicholls becoming Chair and Allen Simpson stepping into the CEO role. UKHospitality, the trade association representing the UK’s hospitality sector, has revealed a significant reshuffling of its leadership team. Kate Nicholls, who […]
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