All articles by Staff Writer
Staff Writer
Italy Hotel & Chains Report 2023
The report, now in its 10th year, is an in-depth look at the Italian hospitality market, focusing on the relationship between branded and independent hotels.
Growth in worldwide wealth vaults global luxury travel to new heights creating increased investor interest
JLL Hotels & Hospitality Group releases The Evolution of Global Luxury Hospitality report
Radisson Hotel Group and PPHE Hotel Group accelerate global growth of the premium lifestyle art’otel brand
Radisson Hotel Group expands its portfolio of bold, art and design-inspired hotels with the inclusion of art’otel in the Radisson Hotel Group’s brand portfolio, growing to ten distinct brands under one overarching umbrella. Across the brand spectrum, the Group offers inspiration through travel with authentic and engaging cultural experiences that allow travelers to feel part of each local art and design community.
Radisson Hotel Group opens its first Radisson hotel in Baku, Azerbaijan
Radisson Hotel Group announces the opening of its first Radisson-branded hotel, Radisson Hotel Baku, following an extensive renovation and re-branding of the existing Park Inn by Radisson Hotel Baku. Located in one of the city’s prime residential and commercial districts, Radisson Baku Hotel will be the Group’s first Radisson property in Azerbaijan.
ZUMEX® Soul Series 2 wins prestigious product iF DESIGN AWARD 2023
ZUMEX® has been awarded the iF DESIGN AWARD, an internationally recognised seal of design excellence. The prize was awarded to its SOUL Series 2, juicer in the ‘Product’ division and the ‘Kitchen’ category.
First Radisson Individuals opens in Normandy
Radisson Hotel Group is delighted to announce the opening of its first Radisson Individuals property in France’s Normandy region, the charming Les Maisons de Léa, a member of Radisson Individuals. Located in the heart of the main square of Honfleur, Les Maisons de Léa, a member of Radisson Individuals is a boutique hotel composed of a main building that dates back to the 16th century as a former salt storehouse, and five adjacent houses that were added subsequently, resulting in the property’s name
Radisson Hotel Group strengthens its presence in Turkey with the opening of its second Radisson Individuals hotel in Eskişehir
Radisson Hotel Group is proud to announce the opening of its second hotel and second Radisson Individuals property in Eskişehir, Nova Vista Eskisehir Centrum Hotel, a member of Radisson Individuals. Last year, the Group opened its first Radisson Individuals property, Nova Vista Deluxe & Suites Eskişehir, a member of Radisson Individuals, and is continuing its steady growth in Turkey. The opening of Nova Vista Eskisehir Centrum Hotel, a member of Radisson Individuals marks the third Radisson Individuals hotel opening in Turkey and brings the Group’s portfolio across the country to over 45 hotels in operation and under development.
Hotel transactions see 18% decline in 2022 as interest rates surge
Hotel transactions across Europe failed to show the recovery expected during 2022 as confidence was hit by the Russian invasion of Ukraine which fuelled huge increases in energy and food costs, a rise in overall inflation and higher interest rates.
Rosewood Hotels & Resorts to Debut in the Maldives with Rosewood Ranfaru
One of the most coveted island destinations on the planet, the Maldives are considered by many to be the ultimate luxury wanderlust experience. This picturesque archipelago boasts bright white sands, warm calm waters and a standard of hospitality that is second to none. Now, having achieved worldwide recognition as a preeminent tropical paradise, the Maldives is looking toward the future with an eye on longevity and sustainability, making the destination a natural fit for the unique approach to luxury lifestyle offered by Rosewood Hotels & Resorts®. Rosewood Ranfaru, opening on the islands in 2027, is the latest development in the discerning brand’s thoughtful growth pipeline. The resort will reflect Rosewood’s guiding A Sense of Place® philosophy through a highly curated experience that emphasizes privacy, luxury, and a connection to the natural habitat.
HVS Hodges Ward Elliott launches debt advisory arm
HVS Hodges Ward Elliott (HVS HWE), the hotel brokerage and investment banking division of global hotel consultancy HVS, has announced the appointment of Tim Barbrook as head of its new debt advisory business for the UK and Europe.