Hospitality Industry News
Manila, Phillippines – 16 February 2017 – The Philippines’ Grand Plaza Hotel Corp announces the retirement of Aloysius Lee as chairman and president. He is replaced by Tan Kian Seng.
Hospitality Industry News
Addis Ababa, Ethopia – 16 February 2017 – AccorHotels will open three hotels in Ethiopia by 2021, becoming the latest international chain to tap into the growing business and tourism sectors in the country. Looking to counter subdued growth in Europe, AccorHotels and others have been expanding in emerging markets such as
Hospitality Industry News
Bangkok, Thailand – 15 February 2017 – Hotel investments in Thailand will likely set a record this year despite a year-on-year decline in the previous year, according to a property consultant. In baht terms, hotel investments fell to 9.6 billion in 2016 from 11.3 billion in 2015 but this year
Hospitality Industry News
Pattaya, Thailand – 15 February 2017 – Authorities have so far ordered the closure of 30 hotels in Pattaya City, Thailand, that were found to be operating without licences, and inspections are continuing. Officials inspected two hotels – The Beach Front Resort hotel and Baboona Beach Front Living – along Pattaya Beach Road. The
Hospitality Industry News
Havana, Cuba – 15 February 2017 – Many tourists flocking to Cuba – the Caribbean’s new “it” destination – complain the state-owned hotel industry is underwhelming and overpriced, Agence France-Presse reported. Tourists have been flooding Cuba ever since its historic rapprochement with the United States was announced in December 2014. A record four
Hospitality Industry News
New York City – 15 February 2017 – Accor is expanding its luxury vacation-rental offering with listings in the Hamptons, Wall Street’s summer playground, Bloomberg reported. The Long Island rentals cost as much as US$2 million for the season and are the first launches in the Collections portfolio of Accor’
Hospitality Industry News
Havana, Cuba – 14 February 2017 – Kempinski will open its first hotel in Cuba in the second quarter of this year. The 246-room Gran Hotel Manzana Kempinski La Habana is located in the historic Manzana de Gómez building in the heart of Old Havana, a UNESCO World Heritage site. “We are
Hospitality Industry News
Krakow, Poland – 14 February 2017 – Radisson RED is Carlson Rezidor’s new lifestyle select brand that is “inspired by the growing customer need for new experiences, fashion, music and art.” The first Radisson RED opened in Brussels in April 2016 and the brand plans to have 60 hotels operating globally
Hospitality Industry News
Hanover, Germany – 14 February 2017 – TUI has agreed to sell adventure-travel unit Travelopia to private equity firm KKR for an enterprise value of 381 million euros (US$404 million) as Europe’s largest tour operator focuses on expanding its reach of mass-market hotel and cruise brands. 1 Trimming specialised units
Hospitality Industry News
Stockholm, Sweden – 9 February 2017 – Scandic Hotels appoints Even Frydenberg as president and CEO, succeeding Frank Fiskers who will leave company after eight years. Frydenberg takes up the role on July 31. 1 Even Frydenberg
Hospitality Industry News
London – 9 February 2017 – Tour operator Thomas Cook said summer bookings are ahead of last year, after it responded to the security turmoil of 2016 by expanding its presence in Greece, Portugal and Croatia. The British travel group remains cautious about the rest of the year, given the uncertain political
Hospitality Industry News
Sydney – 8 February 2017 – Lantern Hotel Group issues a short statement announcing the sale of Sydney’s General Gordon Hotel for A$18.1 million. 1 General Gordon Hotel Sydney