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Day: March 17, 2025

Cvent and Venue Directory MICE Sourcing Volume Sets New Records in 2024

17 March, 2025 Sofia Hotels

$16.5 billion of MICE business value was sourced through the Cvent Supplier Network last year $577 million in confirmed bookings revenue came through Venue Directory, reflecting increased corporate focus on in-person experiences in the UK…

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Keeping Hotel Projects on Track is Like Herding Cats

17 March, 2025 Sofia Hotels

I’ve worked in hospitality and luxury island resorts for many years and have encountered varying degrees of project discipline within the industry. Due to the complex world of the hospitality industry, there are always competing…

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Extraordinary German luxury hotels you MUST add to your bucket list

17 March, 2025 Sofia Hotels

German gemsHotel Europaischer Hof/Booking.comFrom wellness resorts on the edge of the Baltic Sea to boutique boltholes in Berlin, Germany boasts some spectacular luxury accommodation that oozes style, sophistication and serenity. We’ve rounded up and ranked…

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PwC Manhattan Lodging Index – Fourth Quarter 2024

17 March, 2025 Sofia Hotels

Occupancy, average daily rate (ADR), and revenue per available room (RevPAR) continued to experience strong growth as the market moves toward stabilization. Luxury hotels notably outperformed their lower-priced counterparts across these key performance indicators, reflecting…

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Optimizing Hotel Selling Prices: who is the right investor at each stage of the life cycle?

17 March, 2025 Sofia Hotels

Hotel investments represent a dynamic asset class within commercial real estate, attracting a broad range of investor types from private equity firms to real estate investment trusts (REITs) and high-net-worth individuals (HNWIs). Each investor category…

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Ruby Enters Denmark with First Hotel Project in Copenhagen

17 March, 2025 Sofia Hotels

Entree Ruby Hotels Kopenhagen — Photo by © ECE Wintergarden Ruby Hotels Kopenhagen — Photo by © ECE Dakterras Ruby Hotels Kopenhagen — Photo by © ECE The Ruby Group is expanding its presence in…

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