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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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Planning an exit strategy is an essential component of hotel investment that enables investors to align their objectives and goals with a well-defined roadmap for exiting their investment…
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The value of hotel transactions in Ireland fell 30% last year to €350m as the hike in global interest rates hit hard, and the supply of new rooms will likely be limited for some time, with a share of Dublin hotel accommodation remaining contracted…
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Post-tax profits at the business behind the four-star Talbot hotel group and the long-established Wexford-based Pettitt’s supermarkets fell by nearly €2m as inflationary pressures bite…
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Mar Hall Hotel, Golf and Spa Resort has been acquired by Dubai-based Dutco Group, supported by investment and asset management firm, Align Partners…
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Centibillionaire Bill Gates is back in the headlines with his recent acquisition of Downtown Nashville’s Dream Hotel building…
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The $3.5 billion proposal for a major resort north of Squamish hits snag on disagreements on how to proceed an the operating firm's default on loans…
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Iconic Sonoma, Calif., hotel and spa the latest addition to FEG's hospitality vertical - Foley Entertainment Group (FEG), established by businessman and Sonoma Valley vintner, Bill Foley, has acquired Sonoma’s iconic MacArthur Place Hotel & Spa from…
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