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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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Sean Hehir, the CEO of Trinity Investments, has a Dickensian notion of the hotel industry: a tale of two segments, where strong performance in one is offset by tepid performance in the other. The data support him: STR forecasts RevPAR growth in the…
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Growing tourism and favorable economic conditions fuel significant hotel transactions across Japan's hospitality sector.
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A new Hyatt hotel in Utah next to a ritzy ski resort has a strange secret: It's been built for the US military.
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Billionaire Phil Ruffin is looking to sell one of the Las Vegas Strip’s most infamous properties, but whether or not this spells the end of Circus Circus remains to be seen.
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Portugal’s hotel market has a strong development pipeline, as investors see consistent growth in the country’s tourism sector. A report from agent Christie & Co details the opportunities, and the development pipeline in the country…
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Mohari Hospitality is not a big institutional investor, but CEO J. Allen Smith said as it continues to develop more partnerships, it is certainly creating institutional-like capital firepower.
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Sam Arnaout bought the Cabramatta Hotel in west Sydney and the El Cortez Hotel in Canley Heights in a deal worth close to $200 million.
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The European hotel sector is in for “an active year” in 2025, according to a report by a real estate adviser.
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Major hotel brands are establishing loyalty and distribution partnerships with casino operators. Jon Lucas, chief operating officer, Hard Rock International, explained: “Database in our world is king. It's so critical to our success and these…
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Glyn Aeppel is a hotel developer and a music composer who finds inspiration and spark her business creativity…
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Aldar Properties, Abu Dhabi’s biggest property developer, is investing Dh1.5 billion ($408 million) to transform its hotel portfolio amid a boom in the UAE’s tourism sector.
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Following the official inauguration of the renovated Governor's Palace, Highgate Portugal is preparing to invest almost €50 million to renovate four hotels in its portfolio in the Algarve, namely the São Rafael Atlântico and the three hotels and…
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Owners and developers are already well aware of the benefits of transforming a transient asset into an extended stay hotel. In this exclusive interview, Extended Stay America shares next-level tips for managing the conversion more effectively…
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An entrepreneur has bought an eerie 250-year-old prison with terrifying tunnels and a dungeon called 'The Hole' plans to transform it into a luxury hotel…
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Investment in serviced apartments is on the rise, with the UK market proving particularly attractive. In a ranking of 26 real estate sectors, serviced apartments climbed from 16th place in 2022 to ninth position in 2024, according to the Emerging…
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“This is probably the biggest endeavour we’ve done at Virgin,” says Nirmal Saverimuttu, CEO of Virgin Voyages, the kid-free travel brand launched in 2021 by business magnate Sir Richard Branson.
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Last year, Fiveight, the property arm of Australian private equity group Tattarang, bought the Waldorf Astoria-branded hotel tower project in central Sydney from Lendlease and Mitsubishi Estate for a cool AUD$575 million. The under-construction…
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