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Accommodation

IBEROSTAR Hotels & Resorts opened its first hotel in Portugal, on October 5th. IBEROSTAR Lisboa offers a 5-star experience in the heart of the city, and it’s the Majorcan hotel chain’s seventh urban accommodation option.

iberostar lisboa

The Ritz-Carlton Hotel Company, L.L.C. announced the newest addition to its collection of renowned global properties with the opening of The Ritz-Carlton, Koh Samui. Located on the tropical island paradise of Koh Samui on the Gulf of Thailand, The Ritz-Carlton, Koh Samui will create a unique melting pot of indelible new memories for travelers.

ritz carlton kohsamui

accorhotels15

AccorHotels acquires Mantra Group Limited, which is one of Australia’s largest hotel and resort marketers and operators with 127 properties and over 20,000 rooms in hotels, resorts and serviced apartments across Australia, New Zealand, Indonesia and Hawaii.

carlson rezidor hotel group logoCarlson Rezidor Hotel Group has accelerated its growth in Africa with six hotel openings and the addition of three hotels to its portfolio this year. The new 530 rooms bring the group’s African portfolio to a tally of 80 hotels and over 17,200 rooms in operation and under development. Within the next five years the African Portfolio will feature 125 hotels by establishing critical mass in key countries.

A special market report outlined the growth of Airbnb in Dubai between August 2015 and August 2017. Revenues for properties listed on the online marketplace and hospitality platform during that time increased by 421% to top US$3.3million in August 2017, with listings nearly tripling to 3,249.

dubai apartment airbnb

Marriott International announced further expansion plans in Africa with seven new hotel signings. Marriott International was the first global chain to make a significant investment in Africa with the acquisition of Protea Hotels for $210 million in 2014. The company announced its future plans at the Africa Hotel Investment Forum (AHIF).

Marriott International





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