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Israeli-backed Leonardo Hotels is growing in central Europe, supported by a series of strategic partnerships and new investments.
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This year’s Hotel Development Pipeline Report, the definitive study of international hospitality development projects in Africa, reveals record activity. There are 577 hotels and resorts, with 104,444 rooms, in the development pipeline, up by 13.3%…
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Saudi Arabia is making ambitious strides to reshape its tourism and hospitality landscape as part of its Vision 2030 initiative, with a plan to deliver 362,000 new hotel rooms by 2030. This massive expansion reflects the kingdom’s commitment to…
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The UAE will back the development of a five-star hotel near the pyramids in Giza outside the capital Cairo to support Egypt’s tourism, state-run Wam news agency reported.
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Starwood Capital Group put out a press release on Wednesday with quotes from Chairman Barry Sternlicht announcing the official relaunch of Starwood Hotels, rebranding from SH Hotels & Resorts with more than 40 properties open or in development…
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The Greek Ministry of Environment and Energy has ordered the suspension of construction of a five-star hotel near iconic Sarakiniko Beach on Milos, pending a legal review of the building permit. The directive was issued to the island’s planning…
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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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