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Who is willing to pay for premium experiences?
Consumers are more willing to splurge on superior experiences when they feel optional or deliver enjoyment, KPMG found.
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Park Hotels & Resorts to sell 5 non-core hotels
The company anticipates gross proceeds of $198 million from closed and expected transactions as it reshapes its portfolio.
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Viceroy Hotels & Resorts taps Highgate CEO Arash Azarbarzin for top role
The luxury hospitality brand also named a new chief commercial officer, as well as several other executives, to “guide its next phase of growth.”
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LivAway Suites breaks ground on 4th Phoenix-area location
The new hotel will be the extended stay brand's fifth property in Arizona and is part of LivAway’s rapidly growing national development pipeline.
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$10B One Beverly Hills project goes vertical
The luxury development will include two residential towers and a hotel branded by the Aman Group of Switzerland.
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Hilton sets sail on loyalty growth with Explora Journeys partnership
The tie-up is part of the new Hilton Honors Adventures immersive loyalty program extension and will allow members to earn and redeem points on luxury ocean travel.
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