In 2014, China’s appetite for international travel is further encouraging investors to seek out luxury hotel assets in major cities.
According to Fitch Ratings, secondary and tertiary Chinese markets pose the greatest risk of oversupply and project under performance for U.S. lodging companies.
At the Four Seasons resort in Scottsdale, Arizona, corporate customers crowd meeting rooms and bars as vacationers take cowboy for a day classes or relax in TV-equipped pool cabanas.
The Wall Street Journal reported in August that an investment arm of the sultan offered $2 billion for the Plaza, as well as for London’s Grosvenor House and the Dream Downtown hotel.
New Century Hotels & Resorts and China UnionPay cooperation signing ceremony was held in Hangzhou today.
More tourists are unhappy with restaurants and hotels here, the latest Customer Satisfaction Index of Singapore has found.
Grosvenor House starts a new trend: royal baby mania.
The process of change is a personal responsibility, you have tremendous potential and yet studies show that less than 20% of all employees actually realize their maximum potential.
This industry rejuvenation is great news on the surface, but it creates an underlying challenge.
Faces In New Places At Fairmont Hotels & Resorts,Fairmont Announces Personnel Appointments around the Globe.
Finding a hotel room on any budget can be a time consuming project. Comparing advertised rates is tricky.
At least three major global hotel chains are set to open doors this year in newly built properties in Nairobi.
China Lodging had 1,035 hotels open in its total portfolio as of 31 December and expects to more than double that number to 2,500 by 2021.
Hilton has opened the Conrad Beijing, its flagship property in China’s capital city and the fifth Conrad hotel in China.
Carrying out a survey in January 2013 of over 8,600 travellers from all over the world, Hotels.com revealed what the average Canadian guest is looking for when choosing where to stay on their holidays.
The Haoduo Panda Hotel, which lies at the foot of Emei Mountain in southwest China"s Sichuan province, is the first hotel of its kind in the world.
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