Swiss food giant Nestle on Monday dismissed Laurent Freixe as chief executive with immediate effect over an “undisclosed romantic relationship with a direct subordinate”. The multinational behind Nespresso coffee capsules and KitKat chocolate bars said…
B&B HOTELS continues its European development with the opening of its first property in Luxembourg, marking its establishment in an 18th country. Located in the fast-growing Cloche d'Or district, the B&B HOTEL Luxembourg Centre Cloche…
Chinese automaker GAC’s new electric vehicle manufacturing plant has started operations in Jakarta with its annual production capacity set to grow from 20,000 units to 50,000 units as it aims to supply the entire Southeast…
BETHESDA, Maryland—Stayntouch announced a new partnership with Lion Roars Hotels & Lodges, a curated collection of boutique hotels and game lodges across South Africa. Stayntouch PMS is now powering 11 Lion Roars properties. With Stayntouch…
A tourist train for senior citizens departs from Harbin Railway Station in Harbin, Northeast China“s Heilongjiang province, Aug 22, 2025. [Photo/Xinhua] China’s summer railway travel season wrapped up on Sunday with record passenger and freight…
SINGAPORE - Banyan Group ("Banyan Tree Holdings Limited" or the "Group" – SGX: B58), an independent global hospitality company, today unveiled 100 Journeys – a hundred days of global celebrations across its portfolio in the…
A view of Zhaoqing High-tech Industrial Development Zone in Guangdong, which is hosting the 2025 BRICS Industrial Innovation Competition Qualifier Contest for the Energy Electronics Industry Track between Aug 20 and 21. [Photo provided to…
Croatia’s hotel sector has experienced notable development in recent years, driven by a steady rise in tourist arrivals and ongoing investment in new hospitality infrastructure. A significant hotel concentration is in central urban areas, particularly…
TIANJIN – President Xi Jinping delivered a speech at the „Shanghai Cooperation Organization (SCO) Plus“ Meeting in North China“s port city of Tianjin Monday afternoon. The following is the full text of the speech: Pooling…
Property taxes represent a substantial expense for hotels, significantly impacting profitability. A recent analysis of over 6,000 hotels, using CBRE’s Trends® in the Hotel Industry database, reveals dramatic disparities in property tax burdens based on…