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The challenges facing hotel owners with maturing debt as well as hotel investors and developers are significant. However, they are increasingly getting creative and finding alternative financing solutions…
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Global Holdings Group took hotel over from Moin Development in July - Eyal Ofer is looking for a quick flip at the swanky Mondrian Park Avenue hotel in Nomad and to bag more than $150 million.
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Mukesh Ambani’s company Reliance Industries has joined hands with the luxury hotel chain Oberoi Hotels, with their new project set to compete with Taj Hotels.Billionaire Mukesh Ambani, in an effort to advance his company’s portfolio, has signed a…
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Texas-based Omni Hotels & Resorts is set to reinvest US$1.5 billion in its portfolio of properties over the next five years…
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Croatian tourism and real estate company Valdarke said it will open a 15 million euro ($16 million) five-star hotel under the brand Autograph Collection by Marriott on the Adriatic island of Cres at the beginning of the next summer…
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SH Hotels & Resorts, the highly environmentally conscious global hotel chain backed by billionaire US investor Barry Sternlicht – founder of Starwood Hotels – has plans to bring its ultra-luxury Baccarat brand to Australia, as part of a major…
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Marcus® Hotels & Resorts, a nationally recognized hotel owner and management company and division of The Marcus Corporation (NYSE: MCS), today announced the appointment of Tiffany Leadbetter Donato as its first chief investment officer…
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ASX-listed fund manager MA Financial has kicked off plans to accumulate a $1 billion-plus portfolio of accommodation hotels, after recruiting former Toga chief investment officer Anthony O’Hea to source acquisition opportunities and take charge of…
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SINGAPORE - City Developments Limited (CDL) on Thursday announced that it had acquired a hotel in Osaka, Japan, for 8.5 billion yen (S$79 million)…
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Visitors to Bellagio won’t see any changes in operations as a result of the formation of a new joint venture land ownership deal announced Friday…
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Alpha Real Trust Ltd - Guernsey-based property-finance investor - Acquires 64-bedroom hotel and pub in Birmingham, England for GBP5.1 million including acquisition costs…
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The Santander Tower recently made a splash when it converted 11 stories of its 50 floors into apartment units. The Bryan Tower and Comerica Bank Tower downtown are undergoing similar renovations…
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More than $30 million committed to help unlock paths to hotel ownership - IHG Hotels & Resorts has unveiled the IHG LIFT program aimed at supporting and enhancing opportunities for historically under-represented groups in the hotel ownership domain…
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This IPO is poised to be the second largest in the hotels & resorts sector after Chalet Hotels’ ₹1,641 crore offering in February 2019.
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Bob W, the innovative tech-driven short-term rental brand, is further expanding its presence in Helsinki by taking over the iconic former Hotel Rivoli Jardin in the vibrant Kaartinkaupunki district…
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Expanding its footprint in the country with the 9 hotels in Paphos, Larnaca, Protaras and Limassol…
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KARACHI: In a bid to invigorate Pakistan's economy, Vision Group has announced the construction of Parkview Beach Resort, a luxurious five-star beachfront property situated a mere 50 kilometers from Karachi, nestled between the provinces of Sindh…
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The co-founder of the popular Pandora jewellery brand – Danish man Per Enevoldsen – has entered the travel and tourism world with a new business called Annassurra. The concept is new hotels with deep connections to their surrounding cities…
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