Alpha Real Trust buys Birmingham hotel for GBP5.1 million
Alpha Real Trust Ltd - Guernsey-based property-finance investor - Acquires 64-bedroom hotel and pub in Birmingham, England for GBP5.1 million including acquisition costs…
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Another Dallas Office Highrise Converting Space to Apartment/Hotel Units
The Santander Tower recently made a splash when it converted 11 stories of its 50 floors into apartment units. The Bryan Tower and Comerica Bank Tower downtown are undergoing similar renovations…
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More than $30 million committed to help unlock paths to hotel ownership - IHG Hotels & Resorts has unveiled the IHG LIFT program aimed at supporting and enhancing opportunities for historically under-represented groups in the hotel ownership domain…
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Park Hotels to raise ₹1,050 cr in 2nd biggest hotel IPO
This IPO is poised to be the second largest in the hotels & resorts sector after Chalet Hotels’ ₹1,641 crore offering in February 2019.
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Bob W Expands Its Footprint in Helsinki with Acquisition of Iconic Former Hotel Rivoli Jardin
Bob W, the innovative tech-driven short-term rental brand, is further expanding its presence in Helsinki by taking over the iconic former Hotel Rivoli Jardin in the vibrant Kaartinkaupunki district…
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New major expansion plans in Cyprus by the leading Israeli Fattal Hotel Group
Expanding its footprint in the country with the 9 hotels in Paphos, Larnaca, Protaras and Limassol…
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KARACHI: In a bid to invigorate Pakistan's economy, Vision Group has announced the construction of Parkview Beach Resort, a luxurious five-star beachfront property situated a mere 50 kilometers from Karachi, nestled between the provinces of Sindh…
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Pandora Jewellery Founder Enters Tourism Market with ‘Annassurra’ Hotel Concept
The co-founder of the popular Pandora jewellery brand – Danish man Per Enevoldsen – has entered the travel and tourism world with a new business called Annassurra. The concept is new hotels with deep connections to their surrounding cities…
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How Independent Hotel Owners Leverage Adaptability to Adopt Profitable Transformation, an Overview of the Boutique Hotel Investment Conference
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Singapore-based City Developments Ltd. (CDL)—controlled by billionaire Kwek Leng Beng—will continue to look for overseas acquisitions even as soaring interest rates are starting to dampen the property group’s earnings…
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Loews buys hotel next to $550M, 900-key it is building in Arlington
Entertainment district taking shape near Cowboys, Rangers stadiums - Loews Hotels topped out its $550 million, 888-key hotel near the home of the Dallas Cowboys and the Texas Rangers this week, and it just bought 311 keys north of the Rangers’…
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IHG signs first voco resort in Middle East and Africa region
IHG Hotels & Resorts has strengthened its footprint in the Middle East and Africa region with the signing of a management agreement with Akam Al Rajhi for voco North Coast in Egypt.
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Record room rates attract hotel investors
Record-high rates and revenue are attracting investor interest in Western Canada’s hotels…
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Four Seasons end ownership standoff to reopen Midtown hotel
Shuttered hotel slated for 2024 revival after three-year feud! For three years, the pandemic and a dispute between the Four Seasons and an owner in Manhattan kept an iconic Midtown hotel shuttered. That could change in 2024…
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Smart City to get new 11-storey hotel, residential block
PA board requests more stepped-down development - Smart City in Kalkara will be moving further away from its original grand plan to become an ICT hub with the approval of an 11-storey block for a hotel and a separate block of residences…
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Abode Hotel and Apartments Canberra sold for $41.5m - CBRE
Canberra’s Abode Hotel and Apartments sold for $41.5 million to boutique funds management company Serene Capital through CBRE’s Michael Simpson, Vasso Zographou and Tristan Cotchett.
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Why markets don't favour much-anticipated demerger of ITC's hotel biz
Chennai, July 30 (IANS) The demerger of the hotels business from ITC Ltd (NS:ITC) has been talked about for a long time…
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Inside Rafael Nadal's dreamy hotel in Mallorca, Spain
ZEL Mallorca offers up beachside relaxation inspired by the Mediterranean lifestyle. Tennis champ Rafael Nadal wants you to relax—the Mediterranean way…
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