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Best Western Opens First Hotel in Makkah, Saudi Arabia

Best Western Opens First Hotel in Makkah, Saudi Arabia

PHOENIX—Best Western International has announced the opening of its first property in the Saudi Arabian Holy City of Makkah (also known as Mecca). “Tourism in Saudi Arabia is booming. Religious and pilgrimage travel is one of the fastest-growing sectors of ...

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Fairmont Launches Initiative to Help Communities Flourish

Fairmont Launches Initiative to Help Communities Flourish

This September, Fairmont Hotels and Resorts will reach out and support local charitable organizations during the luxury hotel brand’s Community Connections Month. As part of Fairmont’s new Sustainability Partnership program and the brand’s ongoing commitment to proactively engage with its ...

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Margaritaville Resort Heading to Hollywood, Fla.

Margaritaville Resort Heading to Hollywood, Fla.

MIAMI—A joint venture between Coastal Construction and Tishman Construction, an AECOM company, has been selected to manage the construction of the Margaritaville Hollywood Beach Resort, a new hotel and entertainment complex in Hollywood, Fla. “We have been working with Tishman ...

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Three Tips from: Richard Kessler

Three Tips from: Richard Kessler

Advice from the CEO of the Kessler Collection on the path to success. Define your goal. People need to be very clear about what they’re going to create. Do they really want to create a boutique hotel, or do they ...

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Marcus and Millichap Closes 11 Hotel Transactions in July

Marcus and Millichap Closes 11 Hotel Transactions in July

CHICAGO—Marcus and Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, closed 11 hotel transactions in the month of July totaling more than $59 million. This represented a 29 percent increase in transaction volume and a ...

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