Return of Foreign Investors Supports Hotel Deals

Los Angeles Minimum Wage Rule for Hotels and Airport Staff

A new rule in Los Angeles will raise minimum pay for hotel and airport workers to $30 per hour by 2028. This is linked to preparing for the 2028 Summer Olympics and affects larger hotels and airport jobs. Supporters say it helps workers in a high cost city; opponents warn it could cut jobs and increase costs for operators. Read more.

Ultra-Luxury Hotels Charge Record Prices

Ultra-luxury hotels around the world are setting record high room rates, even though broader luxury spending has softened. Average daily rates hit around $1,245, with strong occupancy driven by wealthy travellers willing to pay for premium services. Hotels are adding high-end wellness and lifestyle amenities to attract this group. Read more.

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8th Floor Signs Hotel Camiral to Its Portfolio

UK representation firm 8th Floor has added Hotel Camiral in Girona, Spain, to its portfolio. The five-star resort offers golf, wellness, dining, and meeting space near Barcelona. The move aims to broaden 8th Floor’s offerings with more resort and country-location options for groups. Read more.

Varana Hotel Thailand Review

The Varana Hotel in Krabi, Thailand, is highlighted as a wellness-focused eco hotel under Thailand’s sustainability model. It combines wellness facilities with wellness-centric experiences and follows local sustainability standards. Read more.

Return of Foreign Investors Supports Hotel Deals

Foreign investment is returning to the hotel sector and lifting deal activity. Colliers reports that interest from overseas buyers is helping to drive hotel deals higher, as investors seek assets in key markets after a period of lower cross-border capital flows. Read more.

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