Category: Recent News

Leading investment firms KKR and The Baupost Group today announced a joint venture to purchase a portfolio of 33 Marriott International hotels across the UK from a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA). Amante Capital, KKR’s vertically integrated European hospitality platform, will serve as managing partner for the joint venture and the properties will continue as premium Marriott branded hotels.

I have seen how essential modern central reservations systems (CRSs) are for a hotel’s success in driving more direct bookings, increasing revenue through upselling opportunities, and providing a personalized shopping experience. Hoteliers are realizing the importance of investing in this technology not only for business performance but to be able to meet high guest expectations now and in the future.

Preferred Hotels & Resorts, the world’s largest independent hotel brand, is set to expand its global portfolio with 10 new luxury openings from September 2024 through 2025. Spanning a range of stunning locations – from a sleek, contemporary hotel in central London to a lush Caribbean private island hideaway – these new additions promise to offer travelers more than just a place to stay. Each property, whether an urban retreat, countryside haven, or coastal escape, will immerse guests in the essence of the destination through bespoke activities, exceptional cuisine, and authentic local experiences.

From the International Luxury Travel Market (ILTM) in Cannes, Marriott International, Inc. announces an exciting new chapter in global growth and strategic expansion. The Luxury Group’s new brand extensions, tented camps, remote lodges, and bespoke experiences are poised to further elevate the company as a leader in high-end hospitality. Spanning iconic names like The Ritz-Carlton, St. Regis Hotels & Resorts, W Hotels, The Luxury Collection, EDITION, JW Marriott, and Bvlgari Hotels & Resorts, this dynamic portfolio is pioneering a new vision of experiential travel, where guests are invited to journey beyond luxury and embrace the boundless discoveries that come from deeply immersive cultural exploration. Luxury Group by Marriott International’s portfolio of more than 529 properties now spans 73 countries and territories with three new hotels slated to open in the final weeks of 2024 in coveted and emerging destinations around the globe. Over 260 luxury hotels and resorts across Marrio…

Accor, a global hospitality leader, is proud to present its insights on the top 2025 Wellness Trends. Curated with the expertise of Emlyn Brown, Global SVP of Wellbeing, Strategy, Design, and Development at Accor, these trends provide an in-depth look at key advancements and innovations expected to influence the wellness industry in the coming year.

Mandarin Oriental has announced full ownership in its branded collection of the world’s finest private vacation homes and mansions and will operate the business independently. In line with the Group’s brand-led, guest-centric vision, the portfolio offers more exceptional luxury experiences for guests in sought-after destinations. Launched as a limited collection of eight properties in 2022, the Group plans to grow the portfolio and further cement its leadership in the luxury villa market and simultaneously grow the base of Fans around the world.

Loyal customers spend 22% more than single-visit guests. That goes some way to explaining why 77% of hoteliers consider guest loyalty a key priority, yet it’s an area where many hotels struggle to deliver.

Hilton (NYSE: HLT) has announced plans to expand its presence in Türkiye to more than 120 hotels trading and pipeline, with the signing of 10 new hotels across 4 of its award-winning brands – DoubleTree by Hilton, Tapestry Collection by Hilton, Hilton Garden Inn and Hampton by Hilton – adding more than 1,000 guest rooms.

With the distributed nature of hospitality locations and franchises come various procurement challenges, such as differing requirements, delivery complexities, and communication hurdles.

IHG’s newest luxury and lifestyle collection brand grows at pace in first three years, surpassing halfway point in ambitious decade long target to attract 100 hotels.