Hospitality Industry News
The Light Hotel?in Penang?s Seberang Jaya City, is the latest hotel in Asia to join HotelREZ Hotels & Resorts, which provides marketing and distribution solutions to independent and small-chain hotels. Other hotels which have recently come on board include the contemporary Glow Penang in George Town, Penang,
Hospitality Industry News
Hyatt Hotels enters into a contract with Tamdeen Group to develop a 261-room Grand Hyatt hotel in Kuwait. Expected to open in 2020, the hotel will be located in 360 Mall, a shopping destination featuring retail, leisure and entertainment facilities.
Hospitality Industry News
Airbnb announces a new product suite ?to empower hosts around the globe.? It says the new tools and services are personalised to meet the individual needs of every host. The product suite was developed to reduce the complexities of hosting ? ?whether a host joined yesterday or has been opening their
Hospitality Industry News
Following the Paris attacks, Marriott issued a statement saying: ?Given the ongoing situation, we are sensitive to the potential impact on our guests. As such, we are waiving cancellation fees for guests holding existing reservations at all 15 Marriott properties in Paris through November 28, 2015. ?Additionally, we are working
Hospitality Industry News
Financial implications from the attacks on Paris that killed at least 129 people are of a second or third order, Reuters reported. Still, companies may now find the world is different. Lower revenue, coupled with increased security and energy costs, will squeeze profit margins, and not just in the short
Hospitality Industry News
Marriott International Inc will buy Sheraton owned Starwood Hotels & Resorts Worldwide Inc in a US$12.2 billion deal to create the world?s largest hotel chain. The combined company will own or franchise more than 5,500 hotels with 1.1 million rooms worldwide, giving Marriott greater presence
Hospitality Industry News
Adding to an already inspiring number of accolades, T?ang Court at The Langham, Hong Kong receives a coveted Three Michelin Stars in the 2016 Michelin Guide, Hong Kong and Macau. T?ang Court is the only restaurant to move up to three stars this year and one of only
Hospitality Industry News
Shangri-La International Hotel Management Limited and Assila Investments signs a contract for the management and operation of a 236-room hotel and serviced residences development in Jeddah, the second-largest city in Saudi Arabia and the principle gateway to Mecca. ?Slated to open in early 2018 Shangri-La Hotel,
Hospitality Industry News
Budget priced?rooms are on a roll in the UK hospitality sector, with more than half the rooms in the pipeline in the low-price sector. Q3 2015 has racked up over 1,500 to date with Whitbread and Travelodge bringing 500 and 260 respectively into play.
Hospitality Industry News
Rydges Hotels and Resorts announces it has won the management contract for a new airport hotel to be developed at Wellington Airport. Rydges Hotels and Resorts is owned by Amalgamated Holdings Ltd. Rydges Wellington Airport will be the forth airport hotel in the portfolio and establishes the group as one
Hospitality Industry News
Airbnb has dialled down its battle rhetoric, promising to pay taxes and not cut into long-term housing amid criticism it unfairly competes with hotels and has exacerbated a San Francisco housing crisis, Agence France-Presse reported. The surging home-sharing start-up released a so-called Community Compact in
Hospitality Industry News
Egypt?s president declared that the ?lights will not be going out in Sharm al-Sheikh? as he visited the Red Sea resort hit by suspension of foreign flights since a Russian airliner crash some experts suspect was caused by a bomb, Reuters reported. President Abdel Fattah al-Sisi said