Lucrum Capital looks to sell Killiney hotel site for S$195 million
PRIVATE equity firm Lucrum Capital has put a freehold boutique hotel under construction at Killiney Road up for sale at S$195 million.
read more
By tag
Select Tags:
Is Hilton within striking distance of dethroning Marriott as the world’s largest hotel company?
Marriott International, with more than 30 brands under its belt, is the undisputed leader in the world's hotel orbit.
read more
Tiny hotels eye expansion amid high demand, growing eco-tourism market
These tiny hotels are able to pack up and relocate to other unique sites – a mobility factor that can be a huge draw for both new and returning customers, say experts.
read more
120 Room Premier Inn Torquay Harbour Hotel Opens
Built on part of an underused car park, the new hotel complements existing hotel accommodation in Torquay and is set to bring long term benefits to the town centre, businesses, and the community.
read more
Arabia Hotels initiates Fairmont Hotel construction at Sun Capital
Arabia Hotels, an affiliate of Arabia Holding, has declared the start of the Fairmont Hotel’s construction within the expansive Sun Capital development situated in Cairo’s western region.
read more
Marriott International to Grow in Europe With 100 Conversions and Adaptive Reuse Projects
Marriott International, Inc. announced plans to grow its portfolio in Europe through nearly 100 conversions and adaptive reuse projects by the end of 2026, which represent over 40 percent of its overall European development pipeline…
read more
A change of heart: Hilton embraces M&A growth strategy
After years of relative quiet in mergers and acquisitions, Hilton is no longer content to sit on the sidelines.
read more
Blackstone evaluating potential hotel buys in ₹300-400 cr range
Even with the pricey valuations, sources told businessline that the asset manager was actively pursuing opportunities and an acquisition was likely this year
read more
Canelles Resort Development set to boost Saint Lucia's tourism sector
Les Khan, CEO of Caribbean Galaxy Limited, has provided insightful details about the eagerly anticipated Canelles Resort and Spa Development in Saint Lucia.
read more
Choice Hotels Promotes Judd Wadholm to Senior Vice President and General Manager, Core Brands
Choice Hotels International, one of the world's largest lodging franchisors, announced today that it has promoted Judd Wadholm to Senior Vice President and General Manager, Core Brands. A nearly 17-year veteran of Choice Hotels International and…
read more
Dominican Republic Eyes 12 Million Visitors Amid Continued Tourism Boom
While many of its neighboring destinations were closed in the summer of 2020, the Dominican Republic was open. And it never closed. The country’s navigation of the pandemic helped kick off what would become a new golden age of tourism, ushering in a…
read more
Leading hotel brand has brought its Israeli DNA to London
When Ariel Schiff, founder of the trendy Amano hotel group, found the perfect site for his debut UK offering, he did not expect that he would be building it over Zoom.
read more
High cost of borrowing contributes to 19% fall in European hotel transactions in 2023
High inflation and interest rate rises had a major impact on the European hotel investment market last year, slowing transaction activity and taking volumes 19% lower than in 2022.
read more
Global chains are driving a boom in Africa’s hotels
The world’s largest hotel chains, including multiple American majors, are behind the rising number of newly planned hotel and resort projects in Africa.
read more
Increased investor interest spur property deals particularly for hotels
KUALA LUMPUR: Increased investor interest is leading to an increase in property deals, particularly for assets such as hotels in the hospitality industry.
read more
East Manatee County golf-hotel-residential project underway
COVID-19 delayed but didn't derail a unique golf-resort project in one of the fastest growing parts of the region. "This (area) is where everything is happening," the project executive says.
read more
Rotana opens ninth hotel in Saudi, near to this famous causeway
Hotel management company, Rotana, has opened its ninth hotel in Saudi Arabia, in the city of Al Khobar which is connected to Bahrain via the 25km King Fahd Causeway.
read more
Shangri-La pares losses; hotels, mall, and apartments generating billions
Hong Kong-based luxury hotels owner and operator Shangri-La Asia Ltd, which owns hotels in Colombo and Hambantota, and a mall and apartments on Galle Face, has reported a US$1.9 million loss for the year ended December 31, 2023…
read more