Mon.Sep 18, 2023

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Campari Group CEO announces retirement

Hospitality Magazine

During his time as CEO Kunze-Concewitz has overseen 27 acquisitions, which have helped Campari grow by around three times in net sales and profitability. The post Campari Group CEO announces retirement appeared first on hospitality | Magazine.

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IHCL Forays in Continental Europe, Signs a Taj in Frankfurt, Germany

Hospitality Net

Indian Hotels Company (IHCL), India’s largest hospitality company, today announced that it is stepping into Continental Europe with the signing of Taj Hotel Hessischer Hof at Frankfurt in Germany. Frankfurt’s landmark hotel, after extensive renovations will join the illustrious list of iconic Taj hotels around the world.

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New London Hotel, The BoTree Opens

Hospitality Net

Hotel opening marks the launch of new luxury hotel collection Place III Hotels.Revealing new photos of the hotel’s vibrant spaces including The BoTree Bar and details of the opening team that will welcome guests.

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Scandic Strengthens Position in Helsinki with Two New Hotels

Hospitality Net

Scandic Hotels has signed a long-term lease agreement with landlord Projekti GH Oy for two hotels with a total of 459 rooms in the unique Garden Helsinki, a multi-functional event arena in Helsinki, Finland. The agreement includes one Scandic Go hotel with 232 rooms and a 227-room Scandic hotel that are expected to open in 2028.

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STR Weekly Insights: 3-9 September 2023

Hospitality Net

During the week of Labor Day, U.S. hotel occupancy declined 1.2 percentage points (ppts) year over year to 60.3%. The decrease was generally in line with our expectations given the normalization of travel. As compared to 2019, the occupancy difference was a scant 0.5ppts.

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OTH Hotels Resorts Announces Addition of Upscale Hotel, Le Méridien Dallas, to their Growing Portfolio

Hospitality Net

The addition of this chic, mid-century, modern hotel adds 258 guest rooms to their hospitality portfolio. OTH Hotels Resorts, one of the nation’s leading upscale hotel management companies, has announced the addition of Le Méridien, a north Dallas boutique hotel, to their portfolio.

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Aloft Hotels Makes Its Grand Debut in Singapore with the Opening of Aloft Singapore Novena

Hospitality Net

Located in the cultural neighbourhood of Balestier, the world’s largest Aloft hotel introduces vibrant and flexible spaces for travellers to connect with the destination.

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