Hospitality

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Chicago, Sept. 06, 2022 (GLOBE NEWSWIRE) --  Witness Investment and Hotel Equities (“HE”) immediately introduced the launch of Jali, a hospitality actual property funding platform centered on offering particular person buyers entry to improvement, acquisition, and value-add funding alternatives. This first-of-its-kind platform allows accredited buyers to entry high quality hospitality investments chosen by an all-star crew of multi-generational hoteliers. The Jali funding platform is a...

Bhopal : Pride Group of Hotels has added one other landmark in Central India with the launch of ‘Pride Hotel Bhopal’. Conveniently positioned within the coronary heart of town, the lodge is well accessible to distinguished vacationer & leisure locations, marketplaces, and business institutions. Well-connected by rail, street, and air to all main cities, the lodge provides you the...

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BETHESDA, Md., Aug. 31, 2022 (GLOBE NEWSWIRE) -- Host Hotels & Resorts, Inc. (NASDAQ: HST) (the “Company”) will report third quarter 2022 monetary outcomes on Wednesday, November 2, 2022, after the market shut. The Company will maintain a convention name to debate its third quarter 2022 outcomes and business outlook on Thursday, November 3, 2022,...

A complete of 8,176 inns or 773,898 resort rooms in operation as of June 30, 2022.Hotel turnover1 decreased 10.3% year-over-year to RMB11.8 billion within the second quarter of 2022. Excluding Steigenberger Hotels AG and its subsidiaries (“DH”, or “Legacy-DH”), resort turnover decreased 18.9% year-over-year within the second quarter of 2022.Revenue decreased 5.7% year-over-year to RMB3.4 billion (US$504 million)2...

Atlanta, GA, Aug. 26, 2022 (GLOBE NEWSWIRE) -- Today, resort proprietor, operator, and developer Hotel Equities (“HE”) introduced the launch of its new Lifestyle division. HE’s alliance with Greenwood Hospitality combines Greenwood’s in depth assortment of way of life and luxurious inns with HE’s portfolio of award-winning targeted and full-service inns. "This is an important milestone for Hotel Equities as we...

MISSISSAUGA, Ontario, Aug. 24, 2022 (GLOBE NEWSWIRE) -- Compass Group Canada as we speak introduced a partnership with native Canadian sustainability start-up, Friendlier, that provides a round reusable packaging system. In 2021, the nation’s main meals service supplier introduced their Planet Promise, a world dedication to succeed in internet zero GHGs by 2050. Today’s announcement builds...

MACAU, Aug. 18, 2022 (GLOBE NEWSWIRE) -- Studio City International Holdings Limited (NYSE: MSC) (“Studio City” or the “Company”), a world-class built-in resort situated in Cotai, Macau, at the moment reported its unaudited monetary outcomes for the second quarter of 2022. Total working revenues for the second quarter of 2022 have been unfavorable US$1.9 million,...

Radisson Hotel Group announces the introduction of its first Radisson Collection resort in Istanbul with the re-branding of the beforehand recognized Radisson Blu Hotel, Vadistanbul Radisson Hotel Group announces the transformation and re-opening of Radisson Blu Hotel, Vadistanbul as a Radisson Collection resort, following an in depth...