EOS Investors identified as buyer for Hotel Zoe Fisherman’s Wharf
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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BKMY IMPEX, Hilton partner to transform city’s skyline with luxury Double Tree Hotel
Addis Ababa, Ethiopia’s capital city, will soon welcome another global h ospitality brand to its thriving hospitality sector…
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Mogul Capital has pulled back on its plan to build a 396-room hotel in Santa Clara…
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I reluctantly agreed to do this end of the year preview in that the uncertainty barometer is near the top of the scale…
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Australia attracts nearly US$10 billion of upper segment hotel projects
Hotel development is looking up in the Land Down Under, with almost US$10 billion of high end sites planned for Australia. According to the latest figures from THP, a minimum of 173 premium projects are underway, comprising 28,430 keys…
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Mauna Kea Beach Hotel plans $180 million renovation
Located on the Big Island of Hawaii, Mauna Kea Beach Hotel, Autograph Collection, has announced a $180 million renovation that will begin in the second quarter of 2024…
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Bangkok-based hotel to launch new property in Finland
Bangkok-based hotel owner, operator and investor, Minor Hotels announced the launch of the five-star “NH Collection Helsinki Grand Hansa” in Helsinki, Finland as a part of its expansion plans in the Nordic region…
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IOGR Group Aiming to Acquire Multi-room Hotel Units as Part of Expansion
As part of its ongoing expansion plan, IOGR Group, owner of Greek airline Sky Express, announced that it would be acquiring multi-room hotel units at destinations with air connectivity…
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Hotel asset management is evolving at a fast pace, and it requires a new commercial approach, not to mention a different skill set…
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Wyndham Rejects Choice Hotels’ Takeover Bid That Could Shake Up Budget-Hotel Industry
Wyndham Hotels & Resorts said its board unanimously rejected an unsolicited proposal from Choice Hotels International to acquire the hotel chain for $90 a share in cash and stock…
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Midland Hotel owner loses almost £60m despite sales nearly doubling
The renowned hotel was recently in the spotlight when it hosted senior Conservative politicians during the party's recent annual conference which was staged at nearby Manchester Central…
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Namibia's Capital to Spotlight African Hotel Investments in 2024
Namibia's capital, Windhoek, is gearing up to host the renowned Africa Hotel Investment Forum (AHIF) from 25 - 27 June 2024…
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Maison Pariente’s Le Grand Mazarin is Paris’ hottest new opening of the summer, located on a side street in the heart of the bustling, LGBT-friendly Marais district The dollhouse-like hotel has artwork curated by Amélie du Chalard, fabrics from…
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International Hotel Investments (MTSE:IHI) Is Finding It Tricky To Allocate Its Capital
When it comes to investing, there are some useful financial metrics that can warn us when a business is potentially in trouble…
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Esplanade sold to growing Asian-based hotels company
Paignton's Esplanade Hotel - home to asylum seekers for the past year - has been sold. The 84-bedroom seafront is the latest addition to the growing portfolio of Asian-based Compass Hospitality's UK portfolio…
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Many opportunistic investors focused on hotels and higher-yielding residential opportunities such as long-stay hotels, serviced apartments and student housing, Couse said. "People are diversifying their portfolio."…
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Icelandic Investors Eyeing Luxury, Health and Wellness Tourism
The performance of the island’s vibrant tourism sector continues to attract the attention of global investors as a team from Iceland will be visiting Jamaica in January 2024…
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Intercontinental Wealth Advisors LLC, a renowned institutional investor, revealed in its recent disclosure to the Securities & Exchange Commission (SEC) that it has acquired a new position in Choice Hotels International, Inc. (NYSE:CHH)…
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