Tag: finance and development
Kimpton Unveils Plans for Seafire Resort and Spa
GRAND CAYMAN—Kimpton Hotels introduces Seafire Resort + Spa, Seven Mile Beach, Grand Cayman as it officially begins its one-year countdown to opening in November...
PKF: Historic Hotels Continue Strong Performance
Washington, D.C.—The outlook for the U.S. lodging industry, particularly historic hotels, continues to be extremely strong, according to PKF Hospitality Research.
For...
Deal Roundup: The Latest Sales and Acquisitions
On July 10, InterContinental Hotels Group announced it agreed to sell ownership interest in InterContinental Hong Kong to Supreme Key Limited, a consortium of...
Hotel Operating Metrics Hit Record Highs
Now at 3,885 projects with 488,230 rooms, the total construction pipeline has shown seven consecutive quarters of growth, with the last three quarters posting...
How to Deal: Leveraging Assets for Optimal Returns
The hotel business is attracting a lot of investment money and there’s a good reason for that. “The market fundamentals are as good as...