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Aman Group, which operates some of the world’s most expensive hotels, secured a $360 million investment from a group including a United Arab Emirates wealth fund and an investment firm backed by an influential member of that nation’s royal family…
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From a global pandemic to the Russian invasion of the Ukraine, inflation now looms over the global economy, driving up prices and putting further pressure on the cost of living…
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The challenges facing hotel owners with maturing debt as well as hotel investors and developers are significant. However, they are increasingly getting creative and finding alternative financing solutions…
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Texas-based Omni Hotels & Resorts is set to reinvest US$1.5 billion in its portfolio of properties over the next five years…
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As the hotel industry prepares for its annual budget planning for 2024, we're at a critical moment where technology and financial strategy blend together…
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ASX-listed fund manager MA Financial has kicked off plans to accumulate a $1 billion-plus portfolio of accommodation hotels, after recruiting former Toga chief investment officer Anthony O’Hea to source acquisition opportunities and take charge of…
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Visitors to Bellagio won’t see any changes in operations as a result of the formation of a new joint venture land ownership deal announced Friday…
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Stronger business group travel demand helped propel earnings metrics for hotel real estate investment trusts during the second quarter, according to an S&P Global Market Intelligence analysis.
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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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U.K. hotels are amid a post-pandemic recovery, a Knight Frank study reveals…
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Global RevPar in Q2 grows 21% y-y, led by Thailand with 62% RevPar growth for owned hotels and 85% y-y growth across all Thailand properties.
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The World Travel & Tourism Council’s (WTTC) Travel & Tourism Economic Impact 2023 Global Trends Report has revealed an encouraging resurgence in travel & tourism investment, overcoming pandemic setbacks and signaling a strong return to growth…
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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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Both the luxury and midscale and economy segments exhibited the greatest year-on-year margin declines.
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It’s not on the average person’s to-do list to buy a hotel, or sell one, for that matter - Therefore finding trusted guidance and information on how to buy and sell hotel real estate can be difficult or outdated…
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Ilmenau-based Betterspace, a German software provider for 360° digitisation of the hotel industry, announced on Tuesday that it has secured a seven-figure investment from Round2 Capital. The funding amount has not been disclosed…
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Hotels record 80%+ occupancy and double in ‘22, while staycations are helping too. The UAE’s hotels are not taking it slow this Summer, with many properties cruising along with 80-85 per cent occupancy levels…
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You think the Star Wars hotel rooms were expensive for you? It cost Disney even more!As if the May announcement of the closure of Galactic Starcruiser — the much-hyped Star Wars hotel at Walt Disney World that dared to ask, “what if you asked fans…
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