Accor’s Q1 revenue climbs 8% driven by demand in Middle East, Asia Pac
by Kathakali Nandi in Hospitality News - April 26, 2024
Robust hotel demand in the Middle East and Asia Pacific regions saw Accor’s revenue climbing by 8% in the first…
Across Europe, the consensus is for a pickup in hotel transactions.
by Guest Contributor in Hospitality News - April 26, 2024
The scrapped merger between Choice Hotels International and Wyndham Hotels & Resorts underscored the rather dark dynamics of M&A. In…
Briefs: Marriott brings Ritz-Carlton Reserve to Trojena; IHCL adds to Indian portfolio
by HOTELS Editors in Hospitality News - April 26, 2024
MARRIOTT BRINGS RITZ-CARLTON RESERVE TO TROJENA: Marriott International is adding another Ritz-Carlton Reserve in Saudi Arabia and has signed an agreement…
LE: Hotel development in U.S. starts year with robust growth in projects, room counts
by Kathakali Nandi in Hospitality News - April 25, 2024
Hotel development across the U.S. saw an impressive growth in the first quarter, touching an all-time high in projects compared…