The number of legal short-term rentals in New York City has plummeted since strict regulations were enforced in September.Alexi Rosenfeld/Getty Images Last year, New York City began enforcing its near-ban on short-term rentals, including Airbnbs. As of June 24, there were just 2,276 legal short-term rentals, according to the city government. City officials say the […]
A man gunned down Wednesday after an argument broke out at a hotel’s parking lot in Elk Grove has been identified as a Sacramento resident. Derrick Michael Walker, 35, was identified by the Sacramento County Coroner’s Office as the man killed in the shooting about 10:15 p.m. at the Holiday Inn Express on the 2400 […]
Radisson Hotel Group announced a significant boost to its South Asian presence with the signing of 10 new hotels across four brands in just four days. The new hotels encompass a diverse range of Radisson Hotel Group’s brands: Radisson Blu, Radisson, Radisson Individuals and the India-focused Radisson Individuals Retreats. The signings mark the group’s entry […]
Radisson Hotel Group is expanding in Africa and has announced seven new hotels offering more than 1,200 rooms. The strategic move solidifies its position as the leading hotel operator on the continent, bringing its portfolio close to 100 hotels in operation and development. The expansion keeps the company on track to achieve its ambitious goal […]
Global hospitality group Minor Hotels has signed a management agreement with the Boulevard Hotel Company for a new hotel in central Bangkok, the capital city of Thailand, as part of its strategy to cross-develop its brands globally. The signing will introduce Minor Hotels’ NH Hotels & Resorts brand in Bangkok. It will be the second […]
A waitress in a restaurant in Stuttgart carries a tray with drinks. Germany’s restaurateurs and hoteliers did better business in April than in March, despite predictions that an increase in the value-added tax (VAT) for food in restaurants this year would lead to slower sales. Bernd Weißbrod/dpa Germany’s restaurateurs and hoteliers did better business in […]
Almost €297 million was spent in pubs, hotels and restaurants in May 2024, according to AIB’s spend trend. The number of AIB customers using their cards last month was up 9 per cent on May 2023. Spend in pubs increased 10 per cent in the month, compared to a 12 per cent decrease in the […]
ASHEVILLE – The DoubleTree by Hilton in Biltmore Village may soon be demolished to make way for a redevelopment project that could reshape the area near the Biltmore Estate known for its Tudor-style and historic buildings. Asheville-based developer Biltmore Farms LLC has said it intends to tear down the hotel and redevelop the area into […]
IHG Hotels and Resorts is set to introduce two hotels in Cairo under its Crowne Plaza brand in an agreement with property developer Urbnlanes Development. The signings will see the introduction of the Crowne Plaza Cairo New Administrative Capital and the Crowne Plaza New Cairo Yellow. Set to open in 2028, the Crowne Plaza Cairo […]
China’s hotel property owners should aim to double their returns to win over investors, before packaging their assets into listed real estate investment trusts or Reits, as the industry enjoys a revival in tourism. Hotels in prime locations in major cities like Beijing and Shanghai with an annual return of 4 per cent will be […]
In 2023, hotel rooms in NYC averaged $301 a night — a record — according to The New York Times. Airbnb and inflation were culprits. But the migrant crisis also played a big role. Dozens of hotels have been converted into migrant shelters, reducing the supply of available rooms. For travelers planning trips to New […]
(KTLA/NEXSTAR) – Whether it’s an Airbnb, tent site or a five-star hotel, sometimes it’s the lodging that ends up making or breaking a vacation. For 2024, an oceanside inn in Santa Monica, California has been named the best hotel in America in 2024 by Tripadvisor. Shore Hotel, located just steps away from the Santa Monica […]