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InterContinental Set to Transform South Australian Tourism with Luxury Resort in Barossa
2025-03-20 16:10:09| Hotel Resource
IHG Hotels & Resorts and Strategic Alliance have announced a partnership to establish the first luxury branded hotel in South Australia's renowned wine region & the InterContinental Barossa Resort & Spa.
Category:
Hospitality
LATEST NEWS
U.S. Hotel Performance 2024: Rising Operating Costs Dampen Profit Margins Despite Revenue Growth
2025-03-20 16:03:51| Hotel Resource
n 2024, U.S. hotels saw a 2.7% rise in Total Revenue per Available Room (TRevPAR) but a 1.1% decrease in GOP margins due to escalating operating costs.
Category:
Hospitality
Baymont by Wyndham Houston/Westchase Hotel Sold
2025-03-20 14:53:40| Hotel Resource
HVS Brokerage & Advisory has announced the successful sale of the 61&key Baymont by Wyndham Houston/Westchase Hotel to Nagin Investments LLC, marking another successful transaction for the brokerage firm.
Category:
Hospitality