All articles by prameela vegi
prameela vegi
Edinburgh expansion for European hotel group
International hotel operator MEININGER is expanding into Edinburgh after agreeing a deal with property development company S Harrison, which will see a 1970s office building in the Haymarket area transformed into a stunning new hotel.
Radisson Hotel Group welcomes guests during COP28 with Net Zero Nights
During the COP28 climate conference, Radisson Hotel Group ensures that every guest night between 30 November and 12 December 2023, in its entire UAE portfolio of 16 hotels, becomes Net Zero. This remarkable achievement is made possible through a two-fold approach: Renewable Energy certificates and Certified Carbon Credits.
DACH Region Hotel & Chains Report 2023
A very warm welcome to the 2023 DACH Region Hotels and Chains Report.
Investment Market is slow as the bid/ask gap remains
Investors are circling to pounce on discounted, distressed hotels assets but high-quality opportunities are few and far between. Despite concerns around cost of living and inflation UK hotels have, on average, performed well through 1H 2023 comfortably beating pre-covid RevPAR levels and providing owners with sufficient cashflow to cover rising costs and keep lenders on-side.
Franke Coffee Systems to showcase brand-new coffee solution for outstanding experiences at World of Coffee 2023 in Athens
Franke Coffee Systems, a leading international coffee machine manufacturer, is excited to announce its participation in the upcoming World of Coffee trade show, set to take place in Athens from June 22 to 24, 2023. This marks its first-time attendance with a dedicated own booth where the company will showcase its latest breakthrough product line, Mytico.
Radisson Hotel Group’s midscale lifestyle brand, prizeotel, announces first property in Ireland
Radisson Hotel Group announces the signing of its first affordable, high design prizeotel property in the UK & Ireland region. Scheduled to open in Q1 2025 in Dublin, this landmark property follows a series of exciting signing and opening announcements for the prizeotel brand as it targets accelerated growth across EMEA in 2023.
Rosewood Seoul to bring a new urban landmark to the dynamic city, opening in 2027
Rosewood Hotels & Resorts® has been appointed by Eleven D&C Co., Ltd., one of Korea’s leading real estate developers, to manage Rosewood Seoul, a new build ultra-luxury hotel set to open in 2027. Situated beside Yongsan Park in the heart of the city, the hotel will exist within The Parkside Seoul, a revolutionary development occupying the former site of the United Nations Command. The mixed-use neighborhood will also include high-end retail and residences connected by expansive outdoor spaces, creating a new environment for activity and human interaction.
It’s time to re-evaluate hotel performance metrics, says
07 March 2023, London: Hotel operators need to learn to manage the entire building they operate and start thinking of performance in terms of the total revenue or profit per available square metre, giving a more accurate assessment of the property’s success.
Radisson Hotel Group expands its Polish portfolio with new resort in Ostróda
Radisson Hotel Group opens its 18th hotel in Poland with its first Radisson Blu Resort in Ostróda. Radisson Blu Resort & Conference Center, Ostróda Mazury is located in a picturesque location directly on Lake Drwęca in the Masurian Lake District. The resort brings together the tranquility of lakeside living with a variety of leisure activities for travelers as well as a fully equipped conference center.
ISE 2023 sets new records in Barcelona
The 2023 edition of the world’s leading audiovisual and systems integration exhibition surpassed all expectations as it delivered record visitor numbers, stimulating new content and appearances from visiting royalty and political dignitaries at the Fira Gran Via Barcelona!