Accommodation

Short term rental returns have risen strongly so far this year as the impact of both rising nightly rates and occupancy lift the sector ahead of inflation (*1).

ARTOTEL Group, in collaboration with PT. Mahkota Maju Adi Perkasa, has added another property with the Kyriad franchise brand in Lampung province, namely Kyriad M2 Lampung.

Minor Hotels, an international hotel owner, operator and investor with more than 530 hotels in 56 countries in Asia Pacific, the Middle East, Africa, the Indian Ocean, Europe, South America and North America, has announced the expansion in Europe of its lifestyle brand targeted at millennial-minded travellers: Avani Hotels & Resorts.

Saudi Arabia is leading the GCC’s tourism development activities with a pipeline of 100,071 hotel rooms, according to data released by STR.

IHG adds extra luxury options for travelers planning to visit Rome - the capital of Italy: InterContinental Rome Ambasciatori Palace and Six Senses Rome.

With many owners and their pups excited to go to the beach while on their staycation this year, ftnnews.com has rounded up some of the best pet-friendly hotels in the Mexican Caribbean in 2023.

Outrigger Waikiki Beachcomber Hotel and Cirque du Soleil Entertainment Group have teamed up to bring Honolulu residents and visitors a bespoke new multi-year resident show, exclusive to Hawai‘i.

IHG® Hotels & Resorts has signed a management agreement with Nepal-based Shangri-La Hotel & Resort Group to develop four new hotels in - InterContinental Kathmandu Lazimpat, Hotel Indigo Pokhara Gharipatan, InterContinental Resort Pokhara Begnas Lake, and InterContinental Resort Chitwan, Meghauli.

DSH Hotel Advisors, a national hotel brokerage and advisory firm headquartered in Tampa, Florida – specializing solely in hotel investment sales – announced that Dennis S. Hopper, CCIM, Managing Principal of the firm arranged the sale of the award-winning 198-room, 7-story Comfort Suites Maingate East for $22,000,000 on March 30th, 2023. DSH Hotel Advisors represented both the seller and buyer in the transaction.

Accor, a world-leading hospitality group, has expanded its portfolio in Malaysia with the opening of Mercure Miri City Centre, a stylish and modern hotel that blends international hospitality, with a design concept that highlights the natural wonders of Borneo.

Minor Hotels announced the upcoming debut of its luxury Anantara brand in India in Q4 2023. The new-build Anantara Jaipur Hotel is set to become a spectacular venue for weddings and celebrations.

Accor announced a cooperation agreement with the leading Georgian development company Archi to open the first Mövenpick in Georgia on the Black Sea coast in 2028.

Virgin Hotels New York City, which has opened its doors to guests beginning February 2023, last week organized its official opening celebration with a full day of festivities.

IHG Hotels & Resorts announced a landmark partnership with Steps – an organisation that empowers employers to realise the potential of neurodivergent people.