Hospitality Industry News
Danang, Vietnam – 25 January 2018 – Sheraton Hotels and Resorts, part of Marriott International, announces the debut of Sheraton Grand Danang Resort in Vietnam. 1 Sheraton Grand Danang Resort, situated on Non Nuoc Beach and joins 37 other Sheraton Grand properties across the globe. Sheraton Grand is the brand’s collection
Hospitality Industry News
Barcelona, Spain – 25 January 2018 – World footballer of the year Cristiano Ronaldo is expanding his ‘CR7’ hotel portfolio by opening new franchises in New York, Madrid and Marrakech, Agence France-Presse reported. 1 Real Madrid star Ronaldo has already opened CR7 hotels, alongside Portuguese hotel group Pestana, in Lisbon and Funchal
Hospitality Industry News
Prague, Czech Republic – 21 January 2018 – Two more people have died from their injuries sustained in a hotel fire in central Prague, raising the death toll to four. 1 “Two women have died at our hospital on Sunday,” Michal Schneider, spokesman for the General University Hospital in Prague, told Agence
Hospitality Industry News
Hong Kong – 21 January 2018 – Wanda Hotel Development corrected a statement on a planned sale of assets that last week had appeared to contradict an English-language version of an announcement at the unit of billionaire Wang Jianlin’s property-to-entertainment conglomerate, Bloomberg reported. 1 The Chinese-language announcement of a pending acquisition
Hospitality Industry News
Kabul, Afghanistan – 21 January 2018 – Security forces said they had killed the last of six Taliban militants to end an overnight siege at Kabul’s Intercontinental Hotel – which is not part of the InterContinental chain – that left at least 18 people dead, including 14 foreigners, Associated Press reported. 1 Kabul’
Hospitality Industry News
Bangkok, Thailand – 18 January 2018 – Thailand said it will raise its minimum wage nationwide for the first time in five years, as the country’s military government tries to tackle lingering income inequality, Bloomberg reported. 1 The wage will climb from April by between 5 baht (16 cents) and 22
Hospitality Industry News
Istanbul, Turkey – 18 January 2018 – Turkish billionaire Ferit Sahenk is considering spinning off part of his restaurant business for a potential initial public offering, people with knowledge of the matter told Bloomberg. 1 Dogus Restaurant Sahenk’s investment firm Dogus Holding is working with advisers to carve out some of
Hospitality Industry News
Sapporo, Japan – 18 January 2018 – The 123-room Red Planet Sapporo Susukino South is now accepting reservations as the hotel will open on 1 June. 1 Red Planet Sapporo Susukino South “The opening of the fourth Red Planet hotel in Japan solidifies Red Planet’s position as the largest and fastest
Hospitality Industry News
Quezon City, Philippines – 18 January 2018 – Red Planet Hotels solidifies its position as the largest and fastest growing owner and operator of budget hotels in the Philippines with the opening of its 12th hotel in the country, Red Planet Quezon Aurora Boulevard. 1 Red Planet Quezon Aurora Boulevard The 167-room
Hospitality Industry News
Washington, D.C. – 17 January 2018 – Travel industry representatives sounded an alarm over a long-term decline in international tourism to the US and said they want to work with the Trump administration to reverse the trend. Organisers of the new Visit US Coalition said the decline started in 2015 and
Hospitality Industry News
Hong Kong – 17 January 2018 – Sharing Economy International, a Chinese textile machinery maker with blockchain ambitions, said it is pursuing the acquisition of a boutique hotel from Hong Kong property billionaire Lee Shau-kee, Bloomberg reported. 1 Mira Moon Hotel Hong Kong A unit of Sharing Economy is offering to buy
Hospitality Industry News
Sydney – 17 January 2018 – Billionaire Wang Jianlin’s Dalian Wanda Group is close to reaching an agreement to sell two Australian luxury property projects – one in Sydney and one on the nation’s Gold Coast, according to people familiar with the matter, Bloomberg reported. 1 The buyer is of Chinese