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Day: February 26, 2025

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26 February, 2025 Sofia Hotels

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Oliver Hospitality Announces U.S. Acquisitions, Openings and New Development

26 February, 2025 Sofia Hotels

Nashville-based Oliver Hospitality, an independent hospitality management and development company, announces significant growth and development projects this year. Two new hotel acquisitions will add to its existing portfolio of seven hotels and nine restaurants, including…

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Marriott International Celebrates Record Number of Deals Signed in Greater China in 2024

26 February, 2025 Sofia Hotels

Marriott International, Inc. (Nasdaq: MAR) announced another strong year of growth in Greater China in 2024, with a record-high 161 signed deals, representing nearly 31,000 rooms, in the region – averaging at least three projects…

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London Hotel Market Spotlight 2024

26 February, 2025 Sofia Hotels

OVERVIEW The sample of branded full-service hotels in London recorded an increase in profit during the full year 2024 relative to 2023. GOP per available room (GOPPAR) rose by 5.8% driven by a 1.8% revenue…

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Teen girl among 3 injured in shooting at Cicero Hotel parking lot: Chicago police

26 February, 2025 Sofia Hotels

CHICAGO (WLS) -- A teenage girl was among three people injured in a shooting at a Southwest Side hotel's parking lot early Saturday morning, Chicago police said.Police responded to the Cicero Hotel in the 4500-block…

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Tech Tools and Tactics That Empower Hotel General Managers

26 February, 2025 Sofia Hotels

Being a hotel general manager is not for the faint of heart. General managers are responsible for ensuring the property’s financial success, managing staff and delivering exceptional guest experiences – all while juggling day-to-day operations.…

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Barclays Boosts Choice Hotels International (NYSE:CHH) Price Target to $132.00

26 February, 2025 Sofia Hotels

Choice Hotels International (NYSE:CHH - Free Report) had its price target upped by Barclays from $129.00 to $132.00 in a report released on Friday morning,Benzinga reports. The firm currently has an underweight rating on the…

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Locke Brings Its Unique Aparthotel Concept To Paris

26 February, 2025 Sofia Hotels

Locke has officially opened the doors of its exciting new property in Paris, Le Jardin de Verre by Locke, bringing its unique, design-led aparthotel concept to the city's historic Latin Quarter. Marking the group's 17th…

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One Aldwych Reopens With A New Spring In Its Step

26 February, 2025 Sofia Hotels

One Aldwych — Photo by One Aldwych One Aldwych — Photo by One Aldwych One Aldwych — Photo by One Aldwych One Aldwych, London's first five-star B Corp™ hotel, welcomes guests back with enhanced design…

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Hotel Asset Management 2025: Navigating Volatility and Divergence

26 February, 2025 Sofia Hotels

As we dive into 2025, hotel asset management in Asia Pacific (APAC) is a study in contrasts. With uneven market performance and evolving guest expectations on one hand, rising costs and a growing sustainability agenda…

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