Hospitality industry

French hotel group AccorHotels announced on April 30 that it has signed a deal to buy Switzerland's Mövenpick Hotels and Resorts for 560 million Swiss francs (467 million euros, $567 million).

A South Korean has been arrested for the suspected murder of his wife and child on Jan. 14 at the luxury Ritz-Carlton hotel on Hong Kong’s harborfront, officials said.

It is believed that the tips were created in England in the 16th century when the guests left money for the staff of their hospitable hosts.

The Kensho Hotel in Mykonos won the award of the World Best New Boutique Hotel last night at the renowned World Boutique Hotel Awards in London!

Currently, major foreign brands in the hospitality industry in Athens operate 18 hotels with a total of 3,087 rooms.

Mövenpick Hotels & Resorts is bringing the best of “bistro” and “gastronomy” to its restaurants around the world in its latest “Bistronomie” food promotion, which runs from Oct. 20 to Nov. 20. 

Although the hotels in Greece worked with over 90% of their capacity this summer, their room rates did not rise respectively, according to the 5-star hotels of Athens.

Four Seasons Hotels and Resorts will operate the Astir Palace resort at Vouliagmeni, southern Athens, under the name Four Seasons Astir Palace Hotel Athens, it was announced on Wednesday.

Hotel occupancy rates in Istanbul surged nearly 100 percent in July compared to the same month of last year but hotel revenues continued to decline, falling to around a third of hotels in cities such as Paris, the Hotel Association of Turkey (TÜROB) has stated. 

Luxury travelers who have left their holiday bookings until the last minute this month may find the prices steep even by their standards.