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UN Tourism Launches Investment Guidelines to Boost Namibia’s Tourism Sector

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UN Tourism Launches Investment Guidelines to Boost Namibia’s Tourism Sector
SHERIDAN, WYOMING – April 19, 2025 - UN Tourism’s new guidelines spotlight Namibia as a rising hub for global tourism investment A strategic push to attract international investors UN Tourism has officially launched its “Tourism Doing Business: Investing in Namibia” guidelines, a forward-looking initiative aimed at showcasing Namibia’s promising tourism sector to global investors. The presentation took place in Windhoek, aligning with the 35th Anniversary of Namibia’s Independence and marking a pivotal step toward inclusive economic development through tourism.
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UN Tourism and Germany Drive Inclusive Employment and Accessibility in Global Travel

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UN Tourism and Germany Drive Inclusive Employment and Accessibility in Global Travel
SHERIDAN, WYOMING – April 19, 2025 - Putting inclusive tourism in the spotlight Tourism can be a catalyst for equality. Today, an estimated 1.3 billion people worldwide live with a significant disability, and a staggering 80% of them reside in developing countries and emerging destinations. When people with disabilities travel, they are typically accompanied by two to three others—highlighting a clear opportunity for destinations and businesses to expand both their workforce and customer base.
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UN Tourism Honors Former Spanish President Zapatero for Advancing Inclusive, Sustainable Tourism

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UN Tourism Honors Former Spanish President Zapatero for Advancing Inclusive, Sustainable Tourism
SHERIDAN, WYOMING – April 19, 2025 - Celebrating a legacy of leadership in tourism As part of its 50th anniversary celebrations, UN Tourism welcomed His Excellency Mr. José Luis Rodríguez Zapatero to its Madrid headquarters on 18 March 2025. The organization paid tribute to the former President of the Government of Spain (2004–2011) for his pivotal role in promoting sustainable and inclusive tourism during his leadership.
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UN Tourism to Spotlight Africa’s Culinary Riches at Second Gastronomy Tourism Forum in Tanzania

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UN Tourism to Spotlight Africa’s Culinary Riches at Second Gastronomy Tourism Forum in Tanzania
SHERIDAN, WYOMING – April 19, 2025 - UN Tourism, the Basque Culinary Center, and Tanzania to Host Groundbreaking Forum in Arusha This April Bringing the Continent’s Flavors to the Forefront Following the success of its inaugural edition in Zimbabwe, the Second Regional Forum on Gastronomy Tourism for Africa will take place in Arusha, Tanzania, from April 23–25, 2025. Organized by UN Tourism in collaboration with the Basque Culinary Center and the United Republic of Tanzania, the event is set to position gastronomy tourism as a vital engine for sustainable and inclusive development across the African continent.
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Gurney’s Montauk Secures $235 Million Refinancing Deal to Elevate Luxury Coastal Experience

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Gurney’s Montauk Secures $235 Million Refinancing Deal to Elevate Luxury Coastal Experience

SHERIDAN, WYOMING – April 18, 2025 - Strategic refinance backs iconic Montauk resort

In a major move reaffirming confidence in premium hospitality assets, Smith Hill Capital and Bain Capital have closed a $235 million refinancing for Gurney’s Montauk Resort & Seawater Spa. Acting on behalf of BLDG Management and Metrovest Equities, the deal highlights investor interest in high-end, experience-driven resorts even amid evolving capital markets.

An unrivaled luxury destination on Long Island’s coast

Hotels & Accommodation

Accor Strengthens Luxury Footprint in Portugal with Upcoming Sofitel Porto Opening

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Accor Strengthens Luxury Footprint in Portugal with Upcoming Sofitel Porto Opening
SHERIDAN, WYOMING – April 18, 2025 - Accor and Propreal Capital Partners partner once again to bring French elegance to Porto’s historic heart A strategic milestone in Porto’s luxury hospitality scene Global hospitality leader Accor has announced the signing of Sofitel Porto in collaboration with Propreal Capital Partners, with the hotel set to open its doors in 2028. This marks the second Sofitel-branded property in Portugal and highlights Accor’s ongoing commitment to expanding its luxury offerings across the Iberian Peninsula.
Hotels & Accommodation

Kempinski Strengthens Long-Standing Partnership with BTG to Accelerate Growth in China

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Kempinski Strengthens Long-Standing Partnership with BTG to Accelerate Growth in China

SHERIDAN, WYOMING – April 18, 2025 – Kempinski Hotels has announced an expanded collaboration with BTG Hotels (Group) Co. Ltd., reinforcing a joint venture that has shaped luxury hospitality in China for more than two decades. This renewed commitment includes a multi-year investment strategy focused on expanding the presence of both companies in China’s dynamic luxury and lifestyle hotel market.

Bold vision for future growth in China

New investment plan to expand Kempinski’s footprint

Hotels & Accommodation

Hyatt Launches First-Ever Studios Brand Hotel in Mobile, Alabama

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Hyatt Launches First-Ever Studios Brand Hotel in Mobile, Alabama

SHERIDAN, WYOMING – April 18, 2025 - Hyatt Studios Mobile / Tillmans Corner marks a new era in extended-stay travel

Hyatt Hotels Corporation has officially opened its first-ever Hyatt Studios property in Mobile, Alabama, ushering in a new chapter for the company’s extended-stay offerings. The launch of Hyatt Studios Mobile / Tillmans Corner follows a successful soft opening earlier this year and was commemorated with a ribbon-cutting ceremony attended by Hyatt leaders, hotel partners, and local dignitaries.

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Vimal (Ricky) Patel Elected AAHOA Secretary, Joins New Board to Champion Hotel Owners’ Future

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Vimal (Ricky) Patel Elected AAHOA Secretary, Joins New Board to Champion Hotel Owners’ Future
SHERIDAN, WYOMING – April 18, 2025 - Vimal (Ricky) Patel Takes Office as Secretary of AAHOA Election held during the 2025 AAHOA Convention & Trade Show AAHOA (Asian American Hotel Owners Association) has announced its newly elected board of directors for the 2025-26 term, naming Vimal (Ricky) Patel as the new Secretary. The announcement was made at the 2025 AAHOA Convention & Trade Show in New Orleans, an event that continues to spotlight leaders dedicated to advancing the hospitality industry.
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