Tag:

Hotels

Dubai hotels shut doors as tourism slowdown hits ahead of Arabian Travel Market

The hospitality landscape in Dubai is facing an unexpected shift as several hotels announce closures amidst a noticeable slowdown in the tourism sector.

21 Apr 2026-11:26
Middle East hotels hosting US troops will be targeted, Iran says

Iran has warned that hotels across the Middle East hosting US military personnel could become targets amid its ongoing conflict with the United States and Israel.

27 Mar 2026-11:56
Hyatt merger talk grows after leadership shift at hotel group

Speculation about a possible major merger in the global hotel industry has intensified following a leadership change at Hyatt Hotels Corporation.

21 Mar 2026-09:37
Iran says US troops hiding in hotels will not avoid being targeted

Iranian Foreign Minister Abbas Araghchi has said that American soldiers fleeing to hotels will not be spared from being targeted.

03 Mar 2026-00:02
Hyatt executive chairman steps down over Epstein links

Billionaire Tom Pritzker announced on Monday that he is stepping down as executive chairman of Hyatt Hotels following renewed scrutiny over his past association with convicted sex offender Jeffrey Epstein, which was detailed in the latest release of files by the U.S. Justice Department.

17 Feb 2026-09:46
Yasam Ayavefe shares expert tips for booking the perfect stay at Mileo Mykonos and Mileo Dubai

Yasam Ayavefe’s Mileo Mykonos and Mileo Dubai bring calm luxury to 2026 travel, with thoughtful stays in Greece and on Dubai’s Palm.

08 Jan 2026-20:00
Oyo parent Prism gets shareholder nod for $742m IPO

Prism, the parent company of Oyo Hotels, has received shareholder approval to raise up to 66.5 billion rupees ($742 million) through a fresh equity issue as part of a planned initial public offering (IPO), a regulatory filing showed.

26 Dec 2025-12:57
MPs accuse Home Office of ‘squandering billions’ on asylum hotels

A new report accuses the UK Home Office of wasting over £15 billion on flawed asylum accommodation contracts, as MPs demand accountability and vow to end hotel use by 2029.

27 Oct 2025-09:40
MCR Hotels to take Soho House private in $2.7 billion deal

New York-based MCR Hotels and a group of investors will take members’ club operator Soho House private in a deal valued at about $2.7 billion, including debt. The company announced the agreement on Monday, sending its shares up 15% in premarket trading.

18 Aug 2025-14:23
Chinese hotels turn to street food sales as guests cut back on spending

Facing falling revenue from travel, conferences, and banquets, several high-end hotels in China are selling food outside their premises to attract customers, signaling rising economic pressures. At Beijing’s Beiyuan Grand Hotel, staff set up evening street stalls offering gourmet dishes such as crispy roast pigeon at discounted prices, with sales exceeding 130 birds per day—up from 80 indoors.

14 Aug 2025-12:59