Tag Archives: Expansion

Dubai hotels resilient in 2011 despite supply glut


Jan 15, 2012 Dubai was the star performer in the Middle East tourism market in 2011, according to Ernst & Young Dubai hotels have been able to maintain revenues during 2011 despite a large increase in the number of rooms … Continue reading

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War-torn Libya welcomes new tourism possibilities


Dec 5, 2011  The end of the 42-year Gaddafi era brings opportunities for war-torn Libya’s tourism sector according to a report from Euromonitor International. Prior to the conflict in 2010 arrivals to Libya reached just 1,245 thousand trips. The vast … Continue reading

Posted in Africa, Business, construction, Consulting, Developers, Economy, EMEA, Expansion, fresh from the press, future strategy, Hospitality Consulting, Hotel, hotel industry, Hotel Owners, Investors, Management, New Trend, News, Real estate, Traveller | Tagged , , , , , , | Leave a comment

38.6% of investors across the globe indicated a ‘buy’ strategy for the next six months


The Middle East showed one of the largest market growths in investor ‘buy’ sentiment alongside Europe and Africa, while in the Americas ‘buy’ sentiment decreased slightly but remains the highest out of the countries, according to the firm. The firm’s … Continue reading

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Hilton Worldwide has laid down the gauntlet to its rivals in China, announcing plans to quadruple its portfolio in three years. This move will make China the biggest market for Hilton outside the US, the company said in an interview … Continue reading

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EMEA zone sees increasing assets in administration


Jones Lang LaSalle Hotels released its second quarter statistical analysis of the global hotel investment market, which revealed that US $14.8 billion in hotel assets changed hands in the first six months of 2011. Compared with the same period last … Continue reading

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Hotel Icon, a new hotel in Tsim Sha Tsui East in Hong Kong, celebrated its officially opening


Hotel Icon, a new hotel in Tsim Sha Tsui East in Hong Kong, celebrated its officially opening by hosting a Hospitality Design Conference. Jointly organised by the Hong Kong Design Centre (HKDC) and the School of Hotel and Tourism Management … Continue reading

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Korean Air has taken delivery of its fourth Airbus A380


Korean Air has taken delivery of its fourth Airbus A380. The aircraft left Toulouse, France on 7 September (local time) and arrived at Incheon International Airport on Thursday. The new aircraft will then go through the required flight tests and will … Continue reading

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Hyatt Announced Transaction to Purchase Twenty Hotels for Approximately $660 Million in Cash


Hyatt Completes Acquisition of LodgeWorks’ Portfolio Hyatt Hotels Corporation (NYSE: H) announced that its wholly owned subsidiaries acquired a portfolio of assets from LodgeWorks, L.P. and its private equity partners, finalizing a previously announced transaction to purchase twenty hotels for approximately … Continue reading

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W Hotels appoints new global fashion director


Hotels Worldwide has brought style guru Jenné Lombardo onboard as the brands new global fashion director. Jenne Lombardo replaces Amanda Ross, who the post of global fashion director was created for in 2010. “W Hotels has established itself as a brand that is … Continue reading

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Global Real Estate Markets on Recovery Path During the Second Quarter


Jones Lang LaSalle’s new Global Market Perspective, which assesses the impact of economic forces on the world’s major real estate markets quarterly, reveals that despite some economic uncertainties global real estate markets have continued on a resilient recovery path during … Continue reading

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