OYO Parent Prism Moves Closer to IPO With Approval for $742 Million Share Issue
Prism, the parent company of OYO Hotels, has secured shareholder approval to raise $742 million through a fresh equity issue, reviving long-delayed IPO plans.
Prism, the parent company of OYO Hotels, has secured shareholder approval to raise $742 million through a fresh equity issue, reviving long-delayed IPO plans.
Four Seasons will return to Berlin after 20 years, converting the historic Hotel de Rome into a redesigned luxury property set to open in late 2027.
One&Only has officially opened its first U.S. resort in Montana, unveiling a luxurious alpine retreat surrounded by lakes, forests, and protected wilderness.
Hyatt has opened the new Hyatt Place Cancun Airport, offering travelers seamless access to Cancun International Airport, downtown attractions, and the Tren Maya station.
Starwood’s 1 Hotels has relaunched its loyalty program with new tiered perks, sustainability-driven benefits and a focus on elevated eco-luxury travel experiences.
Airbnb is testing a new grocery delivery feature with Instacart, allowing guests to pre-order groceries before their stay and have hosts stock the kitchen.
A bellman helps hotel guests with luggage, room escorting, and information, ensuring a smooth and friendly stay.
A bell captain oversees bellhops, managing guest luggage services and coordinating arrivals and departures in hotels.
B&B, or Bed and Breakfast, offers cozy lodging with a morning meal, often in a home-like, personal setting.
Singapore’s Jardine Matheson has agreed to acquire the remaining stake in luxury-hotel group Mandarin Oriental, valuing the transaction at around US$4.2 billion.
Delano is making its debut in New York and London through conversions and new construction, while also returning to Miami.
Marriott’s Edition brand opens The Red Sea Edition on Shura Island, the first hotel on the island and a benchmark for regenerative luxury in Saudi Arabia.
Four Seasons Hotel Gresham Palace Budapest has received two Michelin Keys, recognizing its exceptional blend of Art Nouveau heritage, Hungarian craftsmanship, and modern luxury.
The Michelin Guide has unveiled its first-ever global ‘Keys’ selection for hotels, setting a new international benchmark for hospitality excellence and guest experience.
Numa Group has introduced Native by Numa, a new premium brand offering high-touch lifestyle hospitality experiences across major European cities.