San Diego made history last year when the upscale Inn at Rancho Santa Fe sold for a stunning $1.2 million a room — even as the volume of hotel transactions experienced one of the biggest declines the county has seen in 15 years.
The pricey sale of the 85-room inn belies a distressing trend seen not just locally but across the hotel real estate market statewide: a sharp downturn in sales fueled largely by high interest rates and a skittishness among lenders to finance costly transactions.This story is for subscribers
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SCOTLAND’S newest luxury hotel has officially opened its doors today (1st March) as The Address Glasgow is set to impress guests from around the world with four star elegance, indulgent luxury and a state of the art wellness centre.
Bookings are open for both the hotel and its destination restaurant North – book via ww.theaddressglasgow.com
Located in the heart of the city on Glasgow’s Renfield Street, the 95 bed hotel celebrated its opening night by showing off its stunning interiors with a launch party that included live performances from tribal band Clan Ann Drumma, a spectacular fire dancer, and a…
Mews, the industry-leading hospitality cloud, is now a preferred PMS partner for Small Luxury Hotels of the World (SLH).
SLH is a collection of over 560 luxury boutique hotels spanning 90 countries around the globe. Although the collection is bound together by a shared spirit and high service standards, each property provides a unique, intimate guest experience in a beautiful and characterful space.
“We selected Mews as a preferred PMS partner due to its guest-centric platform and innovative approach,” said Richard Hyde, Chief Operating Officer, Small Luxury Hotels of the World. “By incorporating automation and streamlining processes, hotels can reduce…
Jakarta, Indonesia’s bustling capital, is ready to reinforce its attract to vacationers with the addition of a number of new luxurious motels in 2024. These institutions, together with the Mövenpick Lodge Jakarta Metropolis Centre, 25hours Lodge The Oddbird, and ParkRoyal Serviced Suites Jakarta, promise to ship an unmatched hospitality expertise within the coronary heart of the town.
Mövenpick Lodge Jakarta Metropolis Centre: Swiss Hospitality Meets Indonesian Allure
Slated to open its doorways in Could 2024, the Mövenpick Lodge Jakarta Metropolis Centre will supply 256 guestrooms and suites, emphasizing Swiss hospitality. Friends can get pleasure from a wide range of eating…
Nagoya –
Nagoya has a new high-rise hotel with some of the best sweeping views in the city. Without a doubt, it will delight travelers with money to burn on its larger rooms and suites — while confounding others looking for affordable yet high-class stays.
Open from February 2024, the Royal Park Hotel Iconic Nagoya is a four-star hotel located adjacent to the city’s two-kilometer-long Hisaya-odori Park and steps away from Sakae Station. The latest addition to a growing chain of high-class hotels, it occupies the seventh and 24th through 32nd floors of the 33-story Chunichi Building, itself finishing a…
The combination of luxury hotels and contemporary art is nothing new. But the Belmond group is doing things a little differently. This year, it has invited Daniel Buren, the 85-year-old French artist, and self-described inventor of in situ art practice, to create six projects in hotels as far apart as Rio de Janeiro and Majorca.
The first of these bespoke installations, which will be on show until February 2025, was revealed last month in Cape Town. There, Buren has chosen to surround an 18th-century fountain with a circle of eight square columns, decorated with his trademark stripes, in this case…
Following the withdrawal of international brands like Ritz Carlton, Four Seasons, and Park Hyatt from Russia after its invasion of Ukraine, the country’s top luxury hotels are seeking partnerships with leading Indian hospitality firms to manage their properties, according to a report by Mint. Russian officials have reportedly approached Tata Group’s Indian Hotels Co Ltd (IHCL), which operates Taj luxury hotels, and East India Hotels (EIH), known for The Oberoi hotels, regarding potential collaborations. However, reports indicate that neither IHCL nor EIH has shown significant interest in pursuing these offers.
The departure of Western hospitality giants from Russia has left…
A partnership with SLH marks a new chapter in the hotel’s journey, emphasizing its dedication to creating unforgettable guest experiences.CRETE, GREECE – Phaeathe pioneering, female-led luxury Greek hospitality company known for celebrating and preserving Cretan heritage and its lauded sustainability initiatives, announces that Phaea Blue Palace has joined the collection of Small Luxury Hotels of the World (SLH) – a distinguished global community of independently minded travelers and independently spirited hotels in the world offering unique experiences.Phāea Blue Palace joins over 540 hotels in more than 90 countries in the SLH collection which includes properties with just 50…