Yoshiharu Hoshino, the CEO of Hoshino Resorts, is one of the world's most remarkable hotel executives. He's built a group of brands now intimately associated with Japan's tourism development and distinctive approach to hospitality.
Here's the first major interview with Gilda Perez-Alvarado since she became chief strategy officer of Accor. Can she help the hospitality titan diversify beyond selling hotel rooms, help it conquer the U.S., and reinvigorate the iconic Orient Express brand?
An investment vehicle backed by Elliott Management has invested in hotels, following similar moves by other big-money firms. Fun fact: The $370 million deal coincides with the acquisition of U2's The Clarence Hotel.
What we most hope to hear from Marriott is about a possible new brand to debut in Europe later this year. But we also care about a few key metrics that investment analysts will watch closely.
Major investments in the hospitality supergroup Aman are letting it expand more quickly. Look for its spin-off brand Janu to add 11 properties, from Turks and Caicos to Dubai, over the next four years.
With a turnaround artist at its helm, EasyHotel is finally poised for its long-awaited expansion. Recent investment in the company is a wager that affordability will matter more to some travelers than whether a hotel is Instagram-ready.
So 2022 was the first growth year for investment in the global tourism sector since the pandemic. Even so, the sector is down over $100 billion down from its pre-pandemic level. It still has a long way to go for a full recovery.