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Experts from the hotel, tourism & leisure industry report hospitality news, comments and share views on trends and outlooks

New Delhi’s Taj Mansigh to be Auctioned off

New Delhi's Taj Mahal Hotel, informally known as the Taj Mansigh, is set to be auctioned off after its final lease extension. The lease initially ended in October 2011, but has been extended at least 6 times. The 11 story hotel sits on 3.78 acres and has 294 rooms. The New Delhi Municipal Council finally agreed to the auction in January 2016 but th...
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Italy Sees Growth in Occupancy and Hotel Transactions

​In 2013, Italy had the third largest hotel market in the world according to Italy's National Institute for Statistics. After the great recession of 2008, Italy struggled to get its occupancy rates up but saw a 3.8% increase in 2011 according to STR Global. A slight dip in RevPAR in 2012 saw another rise in 2013 due to domestic travel. This in...
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Woodstock Bed & Breakfast For Sale

​The Wild Rose Inn, located in Woodstock, NY has been put on the market for $1.36 million. It offers 6 guest suites, a penthouse, beautiful porch, swimming pool, dining room, wet bar, and a koi water garden. The Victorian home was built in 1898 and has been continuously restored since 1998. It features a cathedral ceiling with stained glass in the ...
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