In hotel development news this month, despite economic tensions and a soft market for hospitality in some regions, many new hotel developments are slated for start or completion in the mid term. Here’s the latest from the worldwide hotel property market.
Europe properties
Is the Sun Setting on Hilton?
Is Hilton on the way out as a single hotelier entity? What can investors and guest conclude from Hilton moves to sell off Europe and other mature assets? When a major hotel chain dumps on long time constituents, some say the sun may be setting on a vast hospitality empire.