1Hilton Worldwide Holdings Inc., which began trading shares on the New York Stock Exchange on Thursday, expects to introduce a new hotel brand in 2014 aimed at affluent, young travelers
1The holders of a 75-year-lease for the Marriott Marquis Hotel in Times Square have opted to buy the hotel from the state-run Empire State Development Corporation for
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International tourist arrivals grew by 5% in the first nine months of the year, to reach a record 845 million worldwide, an estimated 41 million more than in the
1Hilton Worldwide Holdings shares jumped 7.5% in their market debut Thursday.
The hotelier raised $2.35 billion in its offering of 117.6 million shares at $20 each. That
A number of new hotels were opened or joined the Steigenberger family in Germany under the brand name Steigenberger Hotels and Resorts (in Bremen and Braunschweig); internationally, new hotels were
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Hilton Worldwide Inc, the world’s largest hotel operator, raised roughly $2.34 billion in its initial public offering on Wednesday after pricing shares toward the high end of
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Japan will likely reach a government target of attracting 10 million overseas visitors in 2013, the Japan National Tourism Organization?s data showed on Wednesday.
In November, the estimated
1Pressure is mounting on Allen Smith to expand the Four Seasons Hotels and Resorts brand, just three months after the former real-estate investor became chief executive officer of the
1Jermyn Street, an Arab-Turkish property fund, is to spend 400 million euros ($550 million) buying a luxury seaside hotel in Athens, the country’s privatisation agency HRADF said on
1The Asia Pacific hotel development pipeline comprises 1,939 hotels totaling 421,621 rooms, according to the November 2013 STR Global Construction Pipeline Report. The total active pipeline data includes
