Tag Archives: Hospitality

News: LRC Group acquires Amaris Hospitality for undisclosed sum

LRC Group has acquired Amaris Hospitality and has agreed to add seven Hilton-branded hotels from funds managed by Oaktree Capital Management to the portfolio for an undisclosed consideration. The transaction for the seven hotels, which all trade under the DoubleTree by Hilton brand, is expected to close later this year. Amaris Hospitality will become LRC’s new hotel investment and management ...

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News: European hospitality elite gathers in Athens for World Travel Awards Gala Ceremony

Hundreds of the leading figures of Europe’s travel and tourism industry are heading to Athens, Greece, ahead of the World Travel Awards Europe Gala Ceremony 2018. The red-carpet ceremony will take place at the historic Zappeion Megaron Hall on Saturday, June 30th. The evening marks the second leg of the WTA Grand Tour 2018 – a series of regional events ...

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News: STR reports decade of growth in global hospitality

Everyday we hear of new hotel openings. But have you ever wondered how many hotels there actually are? On the tenth anniversary of the launch of its international expansion, STR has gone some way to answering the question. The global data provider reports that there are 184,299 hotels comprising 16,966,280 million rooms around the world. That number of rooms represents ...

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Hotel boss BLASTS Brexit despite small hospitality businesses being set to reap benefits

Travelodge chief executive, Peter Gowers, 44, has addressed the “uncertainty caused by Brexit” and other economic pressures under which the hotelier operates in. In June 2016, 51.9 per cent of the electorate voted to leave the EU, amounting to 17.4 million voters. He also warned that the public’s decision to leave the EU could have a detrimental effect on the ...

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News: Frasers Hospitality to double Middle East footprint

Frasers Hospitality has announced new openings in Saudi Arabia and Oman in 2018. The recent opening of Fraser Suites Riyadh and soon-to-open Fraser Suites Muscat join existing properties Fraser Suites Seef, Bahrain, Fraser Suites Diplomatic Area Bahrain, Fraser Suites Doha, Fraser Suites West Bay, Doha and Fraser Suites Dubai. With three more properties planned in Dubai, one in Jeddah, one ...

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News: ITB Berlin 2018: Hospitality sector expects economic boost from leading show

ITB Berlin reflects worldwide dynamic developments and growth in the travel industry. From March 7th-11th, the leading travel trade show will again be the industry’s meeting place and must-see event, devoting itself to innovative and forward-looking trends in the travel industry, politics and business. In the future, ITB will present itself as an international umbrella brand and focus not only ...

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Focus: EyeWide Wins Best Hotel Digital Marketing Agency Plus Two More Prizes at the Greek Hospitality Award

EyeWide Digital Marketing excelled at the prestigious national competition Greek Hospitality Awards 2018. The company took home three prizes, including the award for the Best Hotel Digital Marketing Agency. The award ceremony took place at the Divani Apollon Palace & Thalasso Hotel in Athens on Friday, February 23, 2018, and was organized by Ethos Events and ΧΡΗΜΑ magazine. EyeWide Digi… ...

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Focus: EyeWide Wins Best Hotel Digital Marketing Agency Plus Two More Prizes at the Greek Hospitality Award

EyeWide Digital Marketing excelled at the prestigious national competition Greek Hospitality Awards 2018. The company took home three prizes, including the award for the Best Hotel Digital Marketing Agency. The award ceremony took place at the Divani Apollon Palace & Thalasso Hotel in Athens on Friday, February 23, 2018, and was organized by Ethos Events and ΧΡΗΜΑ magazine. EyeWide Digita… ...

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