by Traveler | Jun 9, 2025 | Hotel Industry
ALISO VIEJO, California—Sunstone Hotel Investors, Inc. announced that it has completed the sale of the 252-room Hilton New Orleans St. Charles for a gross sale price of $47 million, or approximately $187,000 per key. The sale price represents a 10.1x multiple on 2024...
by Traveler | Jun 9, 2025 | Hotel Industry
As the hotel industry evolves to meet the needs of modern travelers, an old business model is quietly re-surfacing: hourly rate bookings. Once dismissed due to their association with illicit activity, these offerings are returning under the banner of flexibility,...
by Traveler | Jun 9, 2025 | Hotel Industry
With a proven track record of driving industry growth, the biennial Fine Food New Zealand trade fair returns to the Auckland Showgrounds Sunday, 29 June to Tuesday, 1 July with a mission to push the food and beverage sector forward. An industry hub for hospitality,...
by Traveler | Jun 9, 2025 | Hotel Industry
Minister for Tourism & Hospitality, Taupo MP, Louise Upston. A new $13.5 million investment in international tourism marketing is expected to deliver an extra 72,000 international visitors to our shores, Tourism and Hospitality Minister Louise Upston says. “The...
by Traveler | Jun 9, 2025 | Hotel Industry
At these standout restaurants, bread isn’t just served – it’s celebrated. From a theatrical bread trolley in Vienna to fire-kissed fermented loaves in Sydney, chefs around the globe are treating bread with the reverence it deserves. It’s a return to one of the oldest...
by Traveler | Jun 7, 2025 | Hotel Industry
Photo Credit: Aloft Tampa Downtown NEW YORK CITY, New York—JLL’s Hotels & Hospitality Group announced that it has arranged a refinancing for the Aloft Tampa Downtown, a 130-key hotel located in Tampa’s urban core. JLL worked on behalf of Newbond Holdings to secure...
