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If 2024 was the year when hospitality further cemented its place as a core asset class for real estate investors, it was also the year of Swiftonomics, sporting damp squibs, and a game of two halves for the European continent…
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Over the last couple of years value-add investors have dominated the Italian hotel market with buyers flocking to buy tired, run-down or unbranded hotels before invariably renovating and repositioning them upmarket…
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A HUGE £200m water park with a 500-room hotel and bowling alley has moved one step closer to opening in the UK. Great Wolf Resorts (GWR), which has sites in the US and Canada, is now prepping to open Great Wolf Lodge in Chesterton, near Bicester…
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Greece’s tourism industry has been a bright spot over the last few years and with more and more US tourists visiting, hotel investors are showing an increased interest in the country. A recent roundtable discussion heard from different players…
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In mountainous, snow-capped southern Chile, Silversea is developing what it bills as the southernmost hotel on Earth to provide greater comfort for its Antarctica cruisers.
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Turkey is a highly popular tourist destination, attracting millions of visitors yearly with its rich history, cultural heritage, and beautiful coastal areas. In addition to its vital tourism industry, Turkey is also a hub for business travel due to…
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The improving economies of Armenia, Georgia and Azerbaijan present opportunities to grow tourism and hotel projects.
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The luxury Golden Sands Hotel remains as the centrepiece of the Cypriot town of Varosha, which was evacuated in 1974 due to fighting between Greek and Turksih Cypriots.
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To the east of Europe, Romania is now opening up as a new destination for EU travellers, with hotel brands following the money.
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InterGlobe Enterprises recently announced the launch of Miiro, a new lifestyle hotel brand with a distinctive collection of individually designed hotels in the heart of Europe’s most vibrant cities, each with its unique culture, history, and…
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Hilton, the US multinational hospitality company, has ambitious plans to expand in Africa, as Andreas Lackner, vice president, operations, Africa and Indian Ocean, tells African Business.
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Recent news underlined that by 2028, Romania was set to inaugurate 13 new five-star hotels, including prestigious brands such as Mondrian, Hyatt, and Kempinski. According to Mordor Intelligence, the Romanian hospitality industry is constantly…
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To bolster the tourism sector, the government recently gave the go-ahead to a new LE 50 billion initiative for building and operating new hotel rooms, including expansions of existing projects or converting closed buildings into hotel facilities…
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Hyatt has partnered with Under Canvas to launch glamping at 13 locations across the U.S., including Under Canvas’ new outdoor resort, ULUM Moab. The alliance provides World of Hyatt members with access to camping experiences across many U.S…
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The COO – MEA & SEAP, Radisson Hotel Group, delves into its ambitious regional expansion strategies, the distinct challenges and opportunities across different markets.
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Despite the wider real estate industry feeling the effects of high interest rates and a sluggish transactions market, hospitality remains a “relative outperformer against other commercial real estate verticals”, according to Bill Grice, head of CBRE…
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This year’s regional forum aims to reassess models, consider progressive approaches, and diversify strategies as firms venture into new market segments.
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In June, global hospitality technology company Oyo launched its first luxury hotel in Dubai—Palette Royal Reflections Hotel and Spa—to strengthen its premium property portfolio in the Gulf region.
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