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Latest Business management & development Update
Hilton has reached a management agreement with Agricola Merse Srl to...
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Eastern Europe receives brand boost
Eastern Europe enjoyed the fastest rise in tourist numbers this summer with branded hotels taking advantage of the surge in interest to sign multiple deals.
Meliá Hotels International launches travel agent portal
Meliá Hotels International has launched a new portal for travel agents. Featuring an easy-to-use booking engine, highly competitive rates and up to 16% commission on all bookings,...
Hilton Worldwide goes public with $2.35-billion share sale
Hilton Wordwide has raised $2.35 billion via a share sell, which will allow the group to pay down debt. The sale represents the second-largest listing in the US in 2013.
Dorchester sets sights on New York and Asia
The Dorchester Collection has revealed plans to increase its portfolio by opening properties in New York and Asia.
Accor reveals new growth-boosting plan
French hospitality giant Accor has announced plans to split the business into two divisions, which will focus on the operation and ownership of hotels, respectively.
The winners of the European Hospitality Awards 2013
The winners of the fourth European Hospitality Awards were announced at an event in London on 1 November.
Billionaire set to buoy market
Wang Jianlin, China's wealthiest man, is looking to buy hotel management companies in ten different cities including New York and London. The news gave a boost to shares in...
Ritz-Carlton targets growth
The Ritz-Carlton Hotel Company has announced a major development and expansion initiative that will increase its property portfolio to 100 resorts and hotels across the globe by 2016.
Hilton prepares for public offering
Hilton Worldwide has filed to raise $1.25 billion in an initial public offering. The stock market launch could become the largest ever in the hotel industry if it exceeds Hyatt's...
New CEO for Accor
Accor Hotels has appointed Sébastien Bazin as its fourth chief executive officer since 2006 in what is being interpreted as a further effort to speed up its asset disposal strategy.