India’s Oyo said to seek $1.2B in forthcoming IPO
Indian budget hotel firm Oyo plans an initial public offering with a goal of raising $1.2 billion, sources say. The… Read More »
In person, on the rise: 800 attend hotel money meeting
Saudi Arabia’s ascendancy held the spotlight as resurgent hotel investment strutted on stage at the 17th edition of the Arabian… Read More »
Homeless Vermonters granted reprieve from hotel ouster
Vermont Gov. Phil Scott announced Tuesday that 30 more days will be granted the more than 540 homeless people who… Read More »
Bahamas tourism head bullish in face of Moody’s doubts
Bahamas Hotel and Tourism Association President Robert Sands insists the territory can recover “much of its pre-pandemic volumes” of visitors… Read More »
Wynn pledges deep cuts in emissions, fossil fuels
Wynn Resorts says it intends to reduce or offset all carbon dioxide from its operations by 2050 and to increase… Read More »
Expedia plans unification of loyalty programs
Expedia Group says it will carry out a long-planned unification of its loyalty programs, opening up rewards accumulation across a… Read More »
Universal Beijing Resort in China opens to public
Universal Studios officially opened its fifth theme park in Beijing, China, today. Universal Beijing Resort features themed areas based on… Read More »
Caesars-Nobu team hits ground running in US
Two new hotels with restaurants, the addition of a restaurant to another hotel and renovation of yet another hotel are… Read More »
Senators sent SOS by travel, lodging industry
A US Senate panel heard pleas for federal assistance Tuesday from travel industry representatives who cited “unprecedented devastation” from the… Read More »
Epicurean Atlanta makes debut as COVID-19 eases
The upscale Epicurean Atlanta hotel opened last week as Georgia’s latest coronavirus surge began to recede. The member of Marriott… Read More »
Concerns loom as Hawaii hotels post strong August
Hotel revenue and average room rates in Hawaii surpassed 2019 levels in August despite persistent worries about the coronavirus and… Read More »
Hilton unleashes pet welcome at extended-stay hotels
Hilton Hotels Corp. is following the scent of rising consumer demand by designating two extend-stay brands 100% pet friendly as… Read More »
Margaritaville Resort Times Square snags $317M refi
Developers of the Margaritaville Resort Times Square that opened this summer say the $317 million refinancing package they’ve secured is… Read More »
Mich. casino completes expansion project
Gun Lake Casino in Wayland, Mich., has completed the fourth phase of an expansion that increased the size of the… Read More »
$2.5B later, L.A. landmark will reopen as hotel, more
The Fairmont Century Plaza, one of Los Angeles’ most noted hotels, will reopen as part of a mixed-use development after… Read More »
White House travel opening hailed by trade group
The Biden administration’s announcement Monday that vaccinated travelers may enter the country beginning in November “is a major turning point… Read More »
Homeless should remain at hotels, Vermont activists plead
Vermont activists are asking the state to continue publicly-funded hotel stays for homeless people, hundreds of whom could be evicted… Read More »
Fleet Financial plans NYC hotel-condo project
Fleet Financial Group plans to break ground this month on a 25-story zero-carbon luxury hotel and condo complex in Queens,… Read More »
Doubts surround emergence of hotel add-on charges
A smattering of US hotels is experimenting with add-on fees for amenities such as pool use and early check-in, a… Read More »
Risk-reduction measures boost Caribbean optimism
Caribbean nations are hopeful for a strong winter season, despite coronavirus eruptions, as they impose strict new health and safety… Read More »
Redevelopment proposed for Winston Farm in New York
Plans have been revealed to redevelop Winston Farm in Saugerties, New York, into a mixed-use development. A 30-acre indoor water… Read More »
Howard Hughes Corp. sells 3 Texas hotels
The Howard Hughes Corp. has sold three hotels in The Woodlands community in the Houston area for $252 million to… Read More »