Issue 2305 - 8 October, 2019

    HSH Bangkok dispute

    The co-owners of the Peninsula hotel in Bangkok, Thailand have called for the its management contract to be terminated. The property is managed by co-investors Hongkong & Shanghai Hotels, reports Travel Impact. The 50/50 owners accuse HSH of failing to run the property such that it delivers a financial return. HSH, which has controlling voting [...]

    Kempinski Saudi addition

    Kempinski has signed to brand a new luxury hotel in Makkah, Saudia Arabia. A 380 room property will be delivered by partner Umm Al Qura for Development and Construction for a 2023 opening. The hotel will be part of a new boulevard on King Abdul Aziz Road. Kempinski has already signed a hotel in nearby [...]

    Sustainable tourism initiative

    The UNWTO is to work alongside the European Bank for Reconstruction & Development, to promote inclusive tourism and sustainable development. The move aligns with a new property and tourism strategy published by EBRD. The organisations aim to be a tourism intelligence and action partner for those active in the space. UNWTO and EBRD have previously [...]