Tag Archives: cheap hotels

Marriott International, Inc. signed an agreement with Gurnani Resorts & Hotels to introduce its globally acclaimed The Ritz-Carlton brand in Jaipur, Rajasthan. Anticipated to debut in January 2028, the 250-key resort will bring its legendary service and classic modern design to the iconic ‘Pink City of India’. The Ritz-Carlton, Jaipur is set to elevate the city’s luxury hotel landscape with its destination-inspired design and highly personalized service. “We are thrilled to unveil the strategic addition of The Ritz-Carlton Jaipur to our Marriott Bonvoy portfolio, strengthening our presence in the vibrant […]

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As reported by Reuters, Hilton revealed its acquisition of Graduate Hotels from Adventurous Journeys Capital Partners for USD 210 million on Thursday. This move marks Hilton’s first brand purchase in over two decades and comes amidst increasing pressures in the hotel industry, which have created opportunities for consolidation. Hilton sees significant potential in the Graduate brand, which primarily serves locations near major colleges and universities in the United States and the United Kingdom, estimating a global market of 400-500 hotels. “University towns tend to have steady demand, from students, parents, […]

ATLANTA — You might have missed it, but according to Kevin Davis, Americas CEO of JLL Hotels & Hospitality Group, the next lodging cycle is already underway and it’s anticipated to be heady on the transactions ahead. “On the surface, it doesn’t appear like a lot os going on, but there are lots of deals behind the scenes that will be announced,” he said on a panel at the 35th edition of the Hunter Hotel Investment Conference, here at the Marriott Marquis. “Sizable transactions will get done in the third […]