Hotel chains' earnings updates set to indicate UK travel and hospitality demand
Whitbread, which owns Premier Inn, as well as food brands including Beefeater and Bar + Block, will report its half-year results on Wednesday…
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Midland Hotel owner loses almost £60m despite sales nearly doubling
The renowned hotel was recently in the spotlight when it hosted senior Conservative politicians during the party's recent annual conference which was staged at nearby Manchester Central…
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How Sheila Johnson Shifted From Media Mogul To Hotel Tycoon – Full Video
Sheila Johnson - a billionaire you can empathize with - looks back on her journey to become a luxury hotel chief, and how Salamander is guided by the same principles she has followed across all of her businesses…
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Esplanade sold to growing Asian-based hotels company
Paignton's Esplanade Hotel - home to asylum seekers for the past year - has been sold. The 84-bedroom seafront is the latest addition to the growing portfolio of Asian-based Compass Hospitality's UK portfolio…
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Many opportunistic investors focused on hotels and higher-yielding residential opportunities such as long-stay hotels, serviced apartments and student housing, Couse said. "People are diversifying their portfolio."…
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Airbnb watchdog flags hundreds of Toronto condos as ‘ghost hotels’ - Watch The Video
A Canadian Airbnb watchdog has sounded alarm bells over the number of condo buildings in Toronto acting as “ghost hotels.” In a Saturday press release, representatives for Fairbnb, a not-for-profit coalition of hotel owners, academics and concerned…
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Resort real estate developers struggle to survive tough times
Many resort real estate firms are in distress as resorts receive few guests amid signs of resort oversupply…
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Whitbread planning hotel development next to London’s Fenchurch Street station
Whitbread has announced plans for its latest City of London hotel, following the acquisition of an office building next to Fenchurch Street station…
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Icelandic Investors Eyeing Luxury, Health and Wellness Tourism
The performance of the island’s vibrant tourism sector continues to attract the attention of global investors as a team from Iceland will be visiting Jamaica in January 2024…
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Intercontinental Wealth Advisors LLC, a renowned institutional investor, revealed in its recent disclosure to the Securities & Exchange Commission (SEC) that it has acquired a new position in Choice Hotels International, Inc. (NYSE:CHH)…
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US$1 million investment earmarked for new Israeli glamping complex
Israeli organisations, the Tamar Regional Council and the Dead Sea Economic Company, plan to transform a once-popular solarium spa in Ein Bokek into a glamping site…
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NEW YORK: Dirty and crowded — and surrounded by police, both in uniform and plain clothes — this is how once a swanky New York hotel, Roosevelt, now looks: a shelter for homeless refugees…
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Värde Partners Lends $58M on Houston Hotel Acquisition
Stockdale Capital Partners has sealed $58 million of acquisition financing to purchase a Houston hotel adjacent to Texas Medical Center (TMC), Commercial Observer has learned…
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Warner Leisure Hotels to grow to 18 properties with £100m investment
Warner Leisure Hotels has acquired two hotels, including its first ever Scottish property, amid an expansion push for the 16-strong hotel group…
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Blackstone underestimated size of Crown Resorts challenge
The chairman of Crown Resorts says Blackstone underestimated the amount of work required to transform the casino giant’s culture and systems following years of scandal.
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MGM casino-resort project in Japan closes certification with signed agreement
MGM Resorts says its plan for a new casino-resort in Japan took another step forward after signing an implementation agreement for the development this week…
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Sharjah’s Shurooq plans four new hotels in expansion push
The government-owned entity aims to tap more international tourists amid higher travel demand, its chief executive says…
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ITC's hotel business will not need significant capital raise, says CMD Sanjiv Puri
ITC CMD Sanjiv Puri said that the hotel business will have no debt and it will be able to fund its expansion over the next two to three years…
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