Terence Baker
Senior Reporter, EMEA at Hotel News Now
Snr reporter EMEA @Hotel_News_Now; @STR_Data; 106 countries; 2:44:56 26.2; rim-to-rim-to-rim Grand Canyon run; 2 x 100-mile runs; lots of birding @terence_baker
Articles
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1 week ago |
businessimmo.com | Terence Baker
BERLIN - Le responsable du développement de Accor en Europe et en Afrique du Nord estime que le développement hôtelier dans la région est en bonne voie car les relations entre les propriétaires de marques s'améliorent et la demande de voyages augmente.
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1 week ago |
costar.com | Terence Baker
BERLIN — The European hotel industry will continue to perform well due to its unique selling points, said Elie Maalouf, CEO of IHG Hotels & Resorts. That is the main reason IHG acquired its 20th brand, Ruby Hotels, in February. IHG paid €110.5 million ($121 million) for the Munich-based hotel firm, which currently has 20 hotels and 3,483 rooms, all in Europe, with a pipeline of 10 hotels and approximately 2,200 rooms throughout Europe.
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1 week ago |
costar.com | Terence Baker
Thai hotel owner-operator Minor Hotels is to enter a new country market — Paraguay. It is to open an 80-room NH Collection hotel in capital Asunción, close to the Avenida Aviadores del Chaco. According to a press release from Minor, the hotel will be part of a 70-floor building that will be the tallest structure in Asunción and Paraguay and the fourth tallest in South America when it is finished in 2029.
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2 weeks ago |
costar.com | Terence Baker
Singapore real estate investment trust SC Capital Partners has acquired a 165-room hotel in Kagoshima, the provincial capital of the Japanese island of Kyushu, according to Deal Street Asia. The former Hotel Gran Cerezo Kagoshima has been renamed the Hotel Oriental Express Kagoshima Tenmonkan, and it will be operated by SC Capital division Hotel Management Japan under hotel flag Oriental Express. That brand has an additional 22 hotels, with some internationally branded.
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2 weeks ago |
costar.com | Terence Baker
BERLIN — Resorts throughout the sunnier destinations of Europe are becoming far more important to hotel portfolios as the segment gathers guest demand, price premiums and investor appetite. No longer are resorts solely the plaything of package-travel and charter-flight firms and all-inclusive rates structures. European resorts are moving beyond all-inclusive models and trip packages, said Miguel Casas, managing director of hospitality at Madrid-based investment firm Stoneweg Hospitality.
Journalists covering the same region
Jesús Torné
Journalist at IB3
Jesús Torné primarily covers news in Palma, Balearic Islands, Spain and surrounding areas.
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UK hotel owner-operator Shiva Hotels is refinancing The BoTree, its luxury hotel in London's Marylebone neighbourhood, for £300 million ($375 million), the largest refinancing deal in Europe since the end of the pandemic. @Hotel_News_Now @STR_data … https://t.co/VBKhMwhflK
So much of what @Hotel_News_Now has written on in the last 18 months comes together in one conference panel discussing lifestyle hotels in Madrid this week. Bottom line is lifestyle hotels are moving the needle with guests and investors … https://t.co/E0y7aQlO3x @STR_Data
The famed wine cellar of Monaco’s 208-room Hôtel de Paris Monte-Carlo turned 150 years old last year. It is the world’s largest hotel wine cellar, with an estimated 2kms of tunnels. @Hotel_News_Now @STR_Data please read https://t.co/6vfq74EjYA