South African tycoon Neil Markovitz sells control of his 26-property hotel group
Banyan Group has acquired a majority stake in Newmark Hotels & Reserves, adding 26 properties across seven African countries to its portfolio.
read more
By tag
Select Tags:
CMA extends inquiry into ‘suspected sharing’ of sensitive data by hotels
The Competition and Markets Authority (CMA) has confirmed it is continuing to investigate suspected anti-competitive conduct by three leading hotel groups and hotel data analyst CoStar following six months of information gathering…
read more
China Hospitality Market: European hotel giant Accor speeding up expansion in China
Amid a surge in both domestic and inbound tourism, China's hospitality industry is experiencing a wave of new opportunities…
read more
Mexico, D.R. still LATAM’s hottest markets
Lodging Econometrics recently reported the Latin America construction pipeline stood at 751 projects and 116,480 rooms at the end of 3Q25, representing year-over-year (YOY) increases of 17% in projects and 11% in rooms. However, Hotel Equities Juan…
read more