Heralding the beginning of a new era, Kempinski Hotels have signed a landmark agreement to manage the Nymphenburg Palace Royal Residence. In partnership with HRH Prince Luitpold von Bayern and the Royal Family of Bavaria, Kempinski will manage the private residence exclusively from 1 March, 2025.
limehome, Europe's leading provider of fully digitalized serviced apartments, is expanding to France. With two strategically important projects in the Paris metropolitan area, the company is consistently pursuing its international growth strategy in 2025. The market entry into France underscores the strong scalability of the limehome model in one of the world's most sought-after tourism destinations. France is the twelfth country in the Munich-based hospitality company's portfolio.
According to guest evaluations, the best hotel in Bulgaria for 2024 is the five-star Voya Beach Resort in Sveti Vlas, closely followed by Kashmir Wellness and Spa (Velingrad) and the Grand Hotel Millennium Sofia.
In the heart of Warsaw, where cobblestone streets meet sleek skyscrapers, there’s always a story waiting to be discovered — especially through its cuisine. As part of Radisson Collection’s Taste of Heritage Series, Radisson Collection Hotel, Warsaw, invites guests to discover an iconic dish steeped in history that once graced the tables of Poland’s finest feasts: Goose.
Waldorf Astoria London Admiralty Arch, London’s most highly anticipated luxury opening, today announces Clare Smyth and Daniel Boulud as its official chef partners. The two renowned chefs, who together hold seven Michelin stars, will each oversee one of the hotel’s signature restaurants when it opens its doors in 2026.
The Chocolate on the Pillow Group (COTP) is systematically pursuing its strategic goal of positioning itself as a leading operator of hotels under internationally renowned franchise brands in the DACH region. In this context, six properties of its own “GHOTEL hotel & living” brand will be converted to “Four Points Flex by Sheraton.” With this step, COTP is expanding its longstanding collaboration with Marriott and laying the foundation for future growth.
The sample of branded full-service hotels in Milan recorded a decrease in profit during the 12 months running to September 2024. The GOP per available room (PAR) decreased by -5.4% due to a 1.7% revenue decrease and a marginal rise in expenses (+0.7%).
The challenges and tasks facing a tourism industry in transition are the focus of the ITB Berlin Convention 2025, which takes place from 4 to 6 March at the Berlin Exhibition Centre. Under the motto ‘The Power of Transition lives here’, trade visitors can look forward to an ambitious and comprehensive programme with high-profile presentations and discussions on the future of travel.
UN Tourism’s (former UNWTO) new headquarters presentation is expected to take place amid upcoming elections for the Secretary-General, which will be held in May in Madrid, the capital city that hosts the UN agency.
Hilton (NYSE: HLT) has confirmed plans to open three properties in Athens following franchise agreements with Aluma Greece IKE. Adia Aluma Athens, Curio Collection by Hilton and Anise Aluma Athens, Tapestry Collection by Hilton are both expected to open in 2025, with Skylark Aluma Athens, Tapestry Collection by Hilton set to open in 2026. The signings of these three new hotels across the Curio Collection by Hilton and Tapestry Collection by Hilton brands will further strengthen Hilton’s lifestyle portfolio, adding over 500 new rooms for guests in the Athens.
Henderson Park, the international private equity real estate firm, has acquired a portfolio of five hotels in France alongside asset management company Atream, a leading French tourism firm headquartered in Paris. The purchase was undertaken in two separate transactions comprising the acquisition, from French institutional investors, of the hotel properties historically operated via variable lease contracts and, simultaneously, the transfer of the operations by the hotel operator.
Cycas Hospitality has announced its first signing in Portugal with the introduction of Marriott International’s Autograph Collection resort-style hotel development in Sintra, the country’s renowned UNESCO cultural region near Lisbon.
BWH Hotels is enabling its 230 independent UK hotels to take control of their carbon footprint with the launch of a new carbon calculator.
IHG Hotels & Resorts (IHG), one of the world’s leading hotel companies, is proud to announce its first Vignette Collection property in France, a major milestone for the brand's European expansion and a testament to its trusted partnerships and commitment to luxury hospitality. Following an agreement with Global Hotels & Resorts (GHR), the property will be set across two separate buildings – the existing Tiara Miramar and Tiara Yaktsa hotels, which will see their unique charm and rich history being retained as well as their distinctive character while being elevated under the Vignette Collection.
New Year’s celebrations and multiple events pushed Paris hotel average daily rate (ADR) and revenue per available room (RevPAR) to all-time highs for January, according to preliminary data from CoStar. CoStar is a leading global provider of commercial real estate data, analytics and news.
The fourth edition of the series takes travelers to Georgia’s capital of Tbilisi and renowned wine region Kakheti. Uniquely located on the famed family estate of the 19th-century aristocratic poet and winemaking pioneer Prince Alexander Chavchavadze, Tsinandali Estate, A Radisson Collection Hotel is a paradise for gastronomy and literature lovers alike. Radisson Collection’s new guide offers travelers local insight into the best wining and dining destinations, and how to experience the ultimate epicurean delights in this breathtaking region.
Real estate services firm Cushman & Wakefield has added to its growing Hospitality Capital Markets team in London by hiring Andrew Horder as a Partner and Anastasia Cooper as a Consultant.Horder has more than 25 years’ experience in the hospitality investment space across brokerage, investor, and development roles in London, the UK and EMEA. Previously Director of EMEA Development for Frasers Hospitality, the global investor and operator of serviced apartments, hotels and premium rental apartments, Horder has also held positions with AccorHotels, EQ Group and Savills.Cooper is an Ecole Hoteliere de Lausanne graduate who joins from a specialist hotel brokerage and consultancy, advising on acquisitions and disposals across the UK. Both she and Horder will work closely with Ed Fitch, Head of Hospitality UK, as well as supporting the wider growth of Cushman & Wakefield’s EMEA Hospitality platform, headed by Jon Hubbard. Ed Fitch, Head of Hospitality UK & Ireland at Cushman & Wakefield, said: “Andrew is a proven deal-doer who brings a rare combination of experience across the spectrum of hospitality investment stakeholders. He has a deep understanding of the perspectives of brands, operators, and investors, and I am delighted to be welcoming him back to brokerage and working with him once again. Anastasia has already gained valuable experience in UK hospitality investment, and we are pleased she has chosen to take the next step in her career with us. We expect the increased liquidity momentum in the market to continue and hiring Andrew and Anastasia reinforces our commitment to supporting our clients in navigating these truly exciting times for the hospitality capital markets.”UK hospitality investment volumes hit a five-year high in 2024 on the back of a surge of private equity-led portfolio transactions. The outlook is also promising, with deal-making momentum expected to carry through into 2025. Contributing factors include an anticipated influx of high-quality assets hitting the market, declining interest rates acting as a catalyst, and enhanced clarity in property pricing — further reinforcing the market’s robust investment trajectory.