Turkey’s Limak to invest $600 million in tourism projectsHotels

Turkey’s Limak to invest $600 million in tourism projects

Limak’s tourism division is to invest around $300 million in building two hotels in southern Turkey’s Mersin and 250 million…

BlueBay Hotels strengthens its presence in the Caribbean with  BlueBay Grand Punta Cana

BlueBay Hotels strengthens its presence in the Caribbean with BlueBay Grand Punta Cana

BlueBay Hotels, BlueBay Hotels, the eighth Spanish hotel company by international presence and the 10th largest hotel group regarding hotel…

Famed Hotel Lutetia reopens in Paris after 200 million-euro makeover

Famed Hotel Lutetia reopens in Paris after 200 million-euro makeover

The historic Lutetia hotel, where Ernest Hemingway and Pablo Picasso once stayed, will re-open in July after a 200 million-euro ($233…

LaSalle Hotel backs Blackstone bid, says Pebblebrook offer not superiorTourism Insight News

LaSalle Hotel backs Blackstone bid, says Pebblebrook offer not superior

U.S. hotel owner LaSalle Hotel Properties yesterday sided with Blackstone Group LP’s $3.7 billion all-cash offer to buy the company,…

Hyatt to open first Grand Hyatt in Greece in third quarter

Hyatt to open first Grand Hyatt in Greece in third quarter

Hyatt Hotels Corp. will open its first Grand Hyatt hotel in Greece and its third in Europe, the company said,…

BlueBay Hotels arrives in Ecuador with its first hotel: Hotel Akros by BlueBay

BlueBay Hotels arrives in Ecuador with its first hotel: Hotel Akros by BlueBay

BlueBay Hotels, the eighth Spanish hotel company by international presence and the 10th largest hotel group regarding hotel rooms, enters…

Marriott tops profit estimates on higher prices, travel demand

Marriott tops profit estimates on higher prices, travel demand

Marriott International Inc’s quarterly profit topped Wall Street forecasts today as the world’s largest hotel chain benefited from higher room…

Whitbread to spin off Costa CoffeeTourism Insight News

Whitbread to spin off Costa Coffee

Whitbread will spin off Costa Coffee after activist investors pushed for Britain’s biggest coffee chain to be listed as a…

Luxury liner QE2 reopens as floating hotel in DubaiHotels

Luxury liner QE2 reopens as floating hotel in Dubai

The Queen Elizabeth 2 (QE2) ocean liner has been given a new lease of life as a floating hotel in…

Caesars Entertainment to run its first non-gaming resorts in Dubai

Caesars Entertainment to run its first non-gaming resorts in Dubai

Caesars Entertainment Corp announced plans on Sunday to manage two luxury hotels and a beach club in Dubai, the casino…