Asfar's launch aligns with the Saudi sovereign fund’s broad strategy, which is centered around tapping opportunities within the tourism sector and building strategic partnerships with private companies.
Turning conventional on its head appears to be the blueprint for Ennismore's approach to hospitality, with its new loyalty program focused on lifestyle design and spreading revenue beyond its hotel rooms.
Accor's six-hour event for investors included a 172-slide presentation. Here are 7 that stood out to us, including new financial insights into its buzzy Ennismore joint venture.
It's rare for boutique hoteliers to share lessons learned the hard way, at least in public. Kudos to Michael Achenbaum, creator of The Gansevoort in New York, for revealing some missteps to avoid when adding a members club to a hotel.
Hotel Morris Sydney – Handwritten Collection will be opening on June 14. The Sydney property originally opened in 1929 was Australia’s tallest hotel for 34 years.
Ennismore, the lifestyle hospitality group, said on Thursday it's in exclusive talks for "a long-term partnership" with Cain, a privately held investment firm, to scale the hotel brand Delano worldwide.
Accor is focused on setting itself apart by offering more than just a place to stay. Jean-Jacques Morin, a top Accor executive, discussed that and more at the Skift Future of Lodging Forum.