Alpha Bank on Thursday announced the signing of a contract to sell its equity stake in Ionian Hotel Enterprises SA (shareholder of Athens Hilton). The bank announced the signing of a final agreement with Home Holdings SA, a member of TEMES SA and D-Marine Investments Holding BV to sell its 97.3 pct majority stake in […]
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Hilton Worldwide launched a new “Stop Clicking Around” ad campaign Tuesday, underscoring that the best price is available only on its own website or through travel agents. The promotion offers Hilton HHonors members a discount of 10% off the best available rate. “’Book Direct’ means bookings that are made on Hilton Worldwide’s hotel brand websites […]
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Deals continue in the European hotel market, albeit at a slower pace, according to data from HVS’ Hotel Transactions in Europe Newsletter for the week ending March 15. Among the deals that appear to have been floated or completed this week is a £1.9 billion takeover of London’s LXi REIT, including its 144 UK hotels, […]
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The investment “barrage” in the Greek hotel industry will continue in 2024, along with the entry of international “players” operating in luxury tourism, raising the level of the country’s hotel product, as the latest data from the research company GBR Consulting confirm. In January 2024 it was announced that H Hotels Collection, Hatzilazarou Group, acquired […]
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The Tsiledakis Hotel Group, synonymous with authenticity in the hospitality sector in Crete since 1985, announces two very important additions to its leadership team, which reinforce the group’s strategic vision for sustainable growth and innovation. Mr. Carlos Malliaroudakis takes over the Development & Management of HOTEL LEADING, the Group’s new, innovative hotel management company, as […]
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The dynamic course recorded by the major hotel groups in 2023 is expected to continue this year, with the number of new hotel openings and rooms under operation reaching new record levels and “protagonists” Hilton, Marriott, Accor and Hyatt. – Hilton: 132 openings in the fourth quarter of 2023 During the fourth quarter of 2023, […]
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World Travel Market London 2023 – the world’s most influential travel & tourism event – saw attendance numbers rise by more than a fifth year on year. The three-day event took place from Monday 6th – Wednesday 8th November, with 43,727 attendees – an increase of 22% on the 35,826 who attended in 2022. The […]
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TUI’s winter 2024 holidays go on sale today with 1000s of resorts to choose from in more than 40 destinations and a new 5* river cruise ship. Following the introduction of the lesser-known Egyptian gateway of Marsa Alam this year, TUI customers can also take advantage of the UK’s only direct flights to Luxor to […]
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The number of hotel owners using third-party operators to run their properties looks set to increase across Europe, reflecting the desire for flexibility as well as a number of other benefits, according to our latest report, The Rise of Third-Party Hotel Operators in Europe. The trend for third-party operators (TPOs) has emerged from the USA, […]
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In 2022 TUI put the Covid crisis of recent years behind it. Last year‘s positive development brings momentum for the future – even in times of geopolitical and macroeconomic challenges. Today the Group is leaner and more efficient than ever. Sebastian Ebel, Chief Executive Officer since October 2022, tells where the company is now placing […]
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