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Looking to diversify your commercial real estate portfolio? Now could be the moment to explore opportunities in Canada’s hospitality industry, particularly the hotel sector.
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Aimbridge Hospitality announced yesterday that Craig S. Smith will assume the role of chief executive officer at the global hospitality management company starting March 18, 2024. Craig S. Smith previously worked for Marriott International…
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The resort, slated to debut in 2027, will reimagine mountainside hospitality at 7,545 feet. Raffles Hotels & Resorts and NEOM have unveiled plans for a year-round mountain resort in Trojena, Saudi Arabia…
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Sun Venture, which already owns the mixed-use 1 New Oxford Street development, is expanding its property portfolio in the Capital. They acquired a 280-bed central London hotel for a reported £100 million, marking its first foray into hospitality…
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It aims to grow luxury without neglecting mid-scale business - IHG HOTELS & RESORTS reported a 23 percent increase in profit from reportable segments in 2023, surpassing the $1 billion milestone for the first time…
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The Hunter Hotel Investment Conference ("HUNTER" or "Hunter Conference") is pleased to present Bob Hunter, Founder of Hunter Hotel Advisors and Hunter Conference, with the 2024 Hunter Conference Award for Excellence and Inspiration…
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How much a stock's price changes over time is a significant driver for most investors. Not only can price performance impact your portfolio, but it can help you compare investment results across sectors and industries as well…
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Airplane conversions are not rare, but they're not the norm, either. Upcycling decommissioned aircraft is a task only for the strongest of hearts and the deepest of pockets, no matter how low and attractive the price of the fuselage…
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Egypt's leading real estate developer Talaat Mostafa Group (TMG) has completed the final acquisition contract for a majority equity stake of 51 percent with full management rights in seven state-owned hotels, the TMG said in a disclosure statement…
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Aareal Bank has provided financing for the acquisition of a premier collection of ten hotels in London by a controlled affiliate of Starwood Capital Group…
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The Libyan Investment Authority, the country’s sovereign wealth fund, has launched a hostile takeover bid for one of SA’s premier hospitality groups, Legacy Hotels, following a bitter boardroom fallout, putting a multibillion-rand property portfolio…
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Hospitality Financial and Technology Professionals (HFTP) announced the HITEC Investment Conference (HITEC-IC), a new event designed to connect hospitality technology company executives with the investment community…
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NEW YORK, February 08, 2024--(BUSINESS WIRE)--MCR — the country’s 3rd-largest hotel owner-operator — has refinanced a 16-hotel portfolio for $333 million, generating $51 million of net proceeds…
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As founder and co-CEO of Ennismore, Pasricha turned a small, indie hotel brand into a global hospitality conglomerate now valued at more than $2 billion. Here, he explains his business strategy and management style in a candid, in-depth interview…
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Insurance Costs and Lack of International Travelers Dampen Profitability Expectations - As owners, investors and operators met in Los Angeles for the Americas Lodging Investment Summit, a healthy dose of optimism permeated the conference halls and…
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In an exclusive ground-breaking ceremony, Shamal Holding, a diversified investment firm which manages a unique portfolio of investments, assets and experiences, has inaugurated the start of construction for the highly anticipated Baccarat Hotel and…
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LONDON – Starwood Capital Group, a global private investment firm with a primary focus on real estate, announced that a controlled affiliate has acquired a portfolio of 10 hotels from Edwardian Group for an undisclosed sum via an off-market…
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In 2003, Norwegian Karl Johan Remoy embarked on a journey. A journey that would take him from being a globetrotting consultant to becoming an entrepreneur in Cambodia’s hotel industry…
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