India: The proposed initial public offering [IPO] for Indian hospitality chain OYO is set to be delayed once again after the national capital markets regulator asked its parent company to refile its draft IPO papers with certain updates.
India: SoftBank-backed hospitality chain OYO has received $5 million in investment from global tech corporation Microsoft, according to a regulatory
India: SoftBank-backed hospitality chain OYO is rumoured to be edging towards an initial public offering [IPO] after hiring JP Morgan,
UK: Hotel property adviser Christie & Co has been appointed to sell 18 hotels from the Coast & Country Collection on an individual basis.
EU: Lifestyle hotel brand art’otel, owned by PPHE Hotel Group, has revealed expansion plans in three European cities between autumn 2023 and early 2024.
Greece: Luxury hotel and residences Mandarin Oriental, Athens, will be developed within the urban regeneration project The Ellinikon and is set to open in the summer of 2027.
US: Robert Stevenson, who heads up the guest experience and staff management platform INTELITY, has been presented with the TravelTech Breakthrough Awarded for CEO of the year.
US: Sister brand of Lark Hotels, Bluebird by Lark, is set to open a new property in Stowe, Vermont on 7 June 2023.
Worldwide: Luxury hotel operator Dorchester Collection has promoted current CEO Christopher Cowdray to president, with Helen Smith and Eugenio Pirri taking up the CEO position together.
Worldwide: RaizUp, a hospitality, travel and technology consultancy, has introduced a diversity, equality and inclusion (DEI) certification.
Italy: Luxury hotel Grand Universe Lucca, located in Tuscany, is set to extend its inventory with the launch of 10 suites and residences on 1 June 2023.
US: Palihotel San Diego joins the boutique collection of hotels and residences at Palisociety as the company’s fifteenth hotel opening to date.
BHN talks to David Anderson, divisional president EMEA at Aimbridge Hospitality, about the different hotel operating models, what owners should consider when weighing up in-house or outsourcing operations, as well as future expansion plans for Aimbridge across Europe. Filmed at the International Hospitality Investment Forum (IHIF) at the InterContinental Berlin.
