DoveHill, a leading hospitality investment and development firm, has appointed Charles Paloux as its new Chief Investment Officer (CIO), signaling a commitment to expanding its portfolio of independent and lifestyle hotels. Paloux’s extensive experience in hospitality and real estate, particularly in repositioning and rebranding assets, will guide DoveHill’s strategic investments in the rapidly growing sector of unique, high-end hospitality experiences.
Sunstone Hotel Investors, Inc. (NYSE: SHO) announced robust third-quarter 2024 financial results, demonstrating operational resilience and a proactive approach to portfolio enhancement. Despite a softening leisure travel market, Sunstone’s urban and convention hotels thrived, fueled by strong business travel demand. The company’s strategic investments, renovations, and share buyback program position it for continued growth and shareholder value creation.
SAMHI Hotels Limited, a leading player in India’s branded hotel ownership and asset management sector, has announced strong financial results for the second quarter and first half of FY25, showcasing significant revenue growth, expanded EBITDA margins, and a commitment to strategic expansion. The company’s focus on driving value in the hospitality sector through robust asset management and operational efficiency has yielded impressive results, solidifying SAMHI’s position as a key player in the Indian hotel market.
Hudson, New York, is no longer a sleepy town. This vibrant city is attracting artists, foodies, and city dwellers seeking a more peaceful lifestyle. Explore the best new hotels, restaurants, shops, and attractions that make Hudson a must-visit destination.
India faced a wave of bomb threats on October 24 and 25, targeting both hotels in Tirupati and numerous flights across various airlines. While the hotel threats proved to be a hoax, authorities are investigating their origin. Meanwhile, airlines continue to grapple with a surge in bomb threats, impacting operations and raising concerns about security.
The Clarks Hotels & Resorts, a leading player in India’s hospitality sector, is embarking on an aggressive expansion strategy through targeted property acquisitions across the country. Led by Director of Development, Mr. Om Dubey, the group is focusing on acquiring prime properties in key locations to cater to the booming domestic and international tourism market. This move aligns with the brand’s commitment to delivering exceptional guest experiences and contributing to sustainable growth within the tourism sector.
Budget hotel chain Travelodge is accelerating its expansion in Spain, adding three new hotels in San Sebastian, Cadiz, and Alicante. These new properties will add 263 rooms to Travelodge’s growing portfolio, bringing its total presence in Spain to 15 hotels. This expansion signals Travelodge’s commitment to filling a gap in the budget accommodation market in Spain.
The Philippines has risen to prominence as a top destination for luxury travelers, thanks in part to the Michelin Guide’s recognition of several exceptional accommodations. From prestigious hotels in Manila to breathtaking island resorts, the country offers an array of experiences catering to discerning travelers seeking a blend of luxury and cultural immersion.
Discover the latest hotel openings offering luxurious accommodations, prime locations, and exceptional experiences for travelers. Explore the DoubleTree by Hilton Vientiane in Laos, Avani Ratchada Bangkok in Thailand, Novotel Nara in Japan, and Dorsett Changi City Singapore for an unforgettable stay.
Accor, the largest hotel operator in Australia, has secured the renewal of agreements covering over 5,500 rooms across its portfolio, showcasing its commitment to the region and its strong partnerships with hotel owners. The company has invested significantly in renovations and rebranding, strengthening its presence across the country.
