CoStar

While there was once a period when travelers going abroad looked for some comforts similar to home while staying at hotels and dining, appetites have shifted to more locally authentic experiences, experts speaking at the recent International Hospitality Investment Forum (IHIF EMEA) say. Read more here: https://bit.ly/4165pKV

These hotel openings are shaking up the London scene. Analyst Cristina Balekjian looks at the new top-end hotels and what they are likely to do to the market. Read more: https://bit.ly/4dl51zw

The latest hotel segmentation data favors the theory that smaller group events are spreading out beyond major cities. Read more and listen to the latest episode of "Tell Me More: A Hospitality Data Podcast" here: https://bit.ly/4tc9oBC

SEGRO plc is in talks to move its London HQ to M&G's The Ribbon, on Oxford Street. It would be the second big occupier win in so many weeks for M&G after it announced that Warner Bros. Global Experiences had selected the development for a Harry Potter flagship store over two floors. Read more: https://bit.ly/3PwgaUq

War in Iran was one of the top topics of discussion during the International Hospitality Investment Forum (IHIF EMEA), but IHG Hotels & Resorts CEO Elie Maalouf said conflict is sadly not a new phenomenon for a global hotel brand company like his. Read more here: https://bit.ly/4lSdtZb

Is Washington, D.C.’s office market rebounding? What legacy did David Simon, CEO of the largest U.S. mall owner, leave on the modern mall industry? Where are parking spaces the most expensive? Find out the latest #CRE news in this edition of our weekly newsletter.

The U.S. hotel transactions landscape is seemingly starting to open up, but in order to take advantage of the opportunities, certain fundamentals are required. Read more here: https://bit.ly/4rXSaXE

🚗 Is your local dealership secretly a luxury lounge? Architecture firms are redesigning U.S. dealerships for brands including Lexus, Honda, Kia America, Genesis, Porsche Cars North America and Toyota Motor Corporation, creating lounges, cafés and transparent service bays to attract customers and boost revenue. "This building is about customer convenience … designed to be convenient for purchasing, service and comfort," said PRAXIS3, the architecture firm that designed the Lexus of Orlando dealership. A significant portion of dealerships' capital allocation goes to architecture firms, and designers are relied on to make the service department as pleasant as possible for customers, said Lyle Hutson, an architect and head of the automotive studio at the firm AO. Learn more: https://bit.ly/4uPkPkn

🔍 Can you spot the difference between these two architectural photographs?

Hotel executives from around the world are cautious about the geopolitical headwinds present from conflicts in the Middle East but remain believers in the resiliency of hospitality and tourism. Read CoStar News Hotels' coverage from the first day of the International Hospitality Investment Forum EMEA: https://bit.ly/3PXAWMD