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The purpose-built student accommodation (PBSA) sector is one of real estate investments fastest growing sectors, with funds increasingly drawn by its high yielding models and favourable demand dynamics…
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Following the $800 million recapitalization for their Space Coast portfolio, this transaction allows for some added leverage and liquidity for investors.
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Developers often suggest converting an office to a hotel is fraught with peril and the general consensus has been opportunities are limited. They must not know developer Jon Kully, managing partner of Left Lane Capital in Brooklyn, New York, who is…
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Industry has second-highest employment growth for over-50s as it offers flexibility and social connection
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Al Farhan Group, a family-owned company with 16 three- to four-star hotels across Saudi Arabia, plans to open at least one hotel every year for the next several years.
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Meyer Floating Solutions and Morfield Floating Hotel have unveiled plans to bring a landmark floating hotel to Cardiff Bay, an on-the-water hospitality destination designed to enrich the city’s waterfront and elevate visitor experiences…
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A popular all-inclusive resort brand hitting the market might seem like catnip for major hotel companies like Marriott International, Hilton, Hyatt, Accor and IHG Hotels & Resorts — each of which has shown significant interest in expanding in this…
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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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If you’ve watched hotel sponsorships lately you may have noticed: the name they are advertising aren’t the company or hotel brands. Instead of Marriott or Accor, it’s Bonvoy or All. These loyalty programs are becoming the central identity of the big…
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American hotel giants are moving aggressively into India, seeing it as the next frontier for growth. With rising incomes, a booming domestic travel sector and a government eager to improve the country’s tourism infrastructure, India is commanding…
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Earlier this month, Pandox acquired the Pullman Cologne Hotel for €66 million, reaffirming its commitment to Germany’s hotel market despite lingering post-pandemic challenges. The deal - which will see AccorInvest remain as the tenant of the Pullman…
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The current pace of hotel conversions “has started to pick up” with owners, developers and investors now looking at this path vis-à-vis PIPs, according to Michael Cummings, senior vice president and divisional leader within the CBRE Hotels Advisory…
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Hotel and hostel workers are being tricked into downloading credential-stealing malware by cybercriminals impersonating Booking.com.
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The hotel industry is poised for significant shifts in 2025, with private- equity (PE) firms continuing to play a prominent role in hotel asset acquisitions. As economic conditions evolve, emerging trends in experiential travel, asset positioning…
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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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Ayala Land—controlled by billionaire Jaime Zobel de Ayala and his family’s Ayala Corp., the Philippines’ oldest conglomerate—will spend $500 million to almost double its hotel rooms by 2030 to ride the tourism boom…
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At MWC Barcelona, Huawei and Meliá Hotels International Launched the Global Smart Hotel Showcase at Torre Melina Gran Meliá hotel, a high-end luxury brand of Meliá. This showcase fosters innovations in smart hotel network connectivity and…
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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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