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Saudi Arabia's PIF sovereign wealth fund will buy a 49% stake in luxury hotel group Rocco Forte Hotels and help to support its expansion, the owner of Britain's Balmoral hotel said on Monday…
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After a three-stage public procurement process, redevelopment plans are now locked in to restore and revamp the abandoned Toronto Power Generating Station in Niagara Falls, Ont…
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“Even though there will be a lot of challenges for doing business between you and us, we are willing to comply with your demands and your guidance,” said Jung Won Ju. The FCT Minister, Mr…
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A proposal to force hotel developers to replace housing lost in the development process advanced out of the Los Angeles City Planning Commission last week as part of a deal between the city and a local labor union. On Nov…
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There is a lot capital on the sidelines waiting to be deployed, but European investors said that's likely where it will stay, at least for the foreseeable future…
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COVID-19 caused a major paradigm shift in where workers operate with many companies offering hybrid and remote work. This caused a shake-up in commercial real estate, rendering office spaces obsolete…
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Traditional short-term rentals often don't work well for the digital nomad who also wants to socialize. Outsite is trying to fill that gap…
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New hotels are growing rapidly in Athens, particularly in the historic centre. In an area encompassing Koukaki, Syntagma Square, Omonia, and Monastiraki, there are now over 350 hotels boasting more than 30,000 rooms…
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Singaporean real estate giant CapitaLand has sold two Sydney hotels that form part of its $9 billion listed CapitaLand Ascott Trust for $109 million to local investors Frank and Wade Huang as it recycles capital into higher yielding investments…
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One of Kings Cross’s last surviving art deco theatres is to be converted into a boutique hotel and cabaret room despite the last-minute intervention of the state’s former arts minister…
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Service Properties Trust President and Chief Investment Officer Todd Hargreaves said his company is open to buying hotels, but its immediate priority is dealing with a wave of debt that is maturing over the next two years…
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HANOI – A huge residential complex being built on the borders of Vietnam’s Ha Long Bay prompted a public outcry in the South-east Asian country on Monday, as concerns mount over human impacts that have degraded the Unesco World Heritage Site…
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Efcee Hotels, the hotel investment arm of the Leela Group of Companies, has signed a Memorandum of Understanding (MoU) with the Government of Uttarakhand…
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For the past two years, property developer Matt Rogatz made a weekly five-hour round trip from his home in northern Chicago to Green Lake, Wisconsin — population 1,005…
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Transaction is part of CLAS’ active portfolio reconstitution strategy to deliver sustainable returns to Stapled Securityholders.The Courtyard by Marriott Sydney-North Ryde and Novotel Sydney Paramatta sold by Michael Simpson and Vasso Zographou of…
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Plans to open a six-storey hotel and bar in Newcastle have been approved. Boardwalk will open at Metropolitan House on Collingwood Street and will feature a bar in the basement and on the ground floor…
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New York investor bought the 221-room hotel from Pebblebrook Hotel Trust for $68.5M - EOS Investors was identified as the mystery buyer that paid $68.5 million for Hotel Zoe Fisherman’s Wharf in San Francisco…
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Addis Ababa, Ethiopia’s capital city, will soon welcome another global h ospitality brand to its thriving hospitality sector…
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