Allam family's Hassan Allam wins contract for Montage hotel and villas at Ras El-Hekma
Hassan Allam Construction has won the contract to build a 200-key Montage hotel and 96 branded villas at Egypt's Ras El-Hekma megaproject.
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Patriarchate approves turning historic Buyukada Greek orphanage into hotel
The Fener Greek Orthodox Patriarchate has decided to turn the historic Buyukada Greek Orthodox Orphanage into a hotel, saying the severely damaged wooden landmark can no longer be kept up without a sustainable income model…
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Kola Karim's Shoreline Group has signed a $300 million deal with Accor to develop 10 hotels across 8 Nigerian cities by 2030, creating Nigeria's first nationwide hotel platform.
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Five-Star Hotel Project Halted on Milos Island After Environmental Appeal
The Urban Planning Department of Milos has blocked the construction of another five-star hotel on the island, suspending all works in the Agios Konstantinos area following judicial intervention.
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Could Marriott Debut a New Hotel Chain?
What does it mean when a hospitality giant debuts a new brand? The last few months have seen a few examples.
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What Makes a Hotel Feasibility Study Truly Reliable?
A hotel feasibility study can make or break a development project. But too often, these studies lean toward optimism rather than reality. The pressure to “make the deal work” creates confirmation bias that can cost developers millions of dollars…
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Spain’s hotel sector poised for expansion in the budget and economy segment
The budget hotel segment might be the next star in Spain’s hospitality industry, with current offerings well below other European countries. A new report from Alvarez & Marsal analyzes the high expectations for the low-cost category of hotels from…
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Family Office Cash Drives New York Luxury Hotel Buying Spree
Gencom, a Miami-based real estate developer and operator, has snapped up two New York City luxury hotels in the past four months, funded in large part by family offices.
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Investors watch the Waldorf, waiting for market signal
Five months reopened. Eight years of redevelopment. Over $4 billion invested. More than 1,000 hotel rooms gone. And the world-famous Waldorf Astoria New York is back on the market.
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World Liberty Financial ("WLFI") today announced plans to tokenize loan revenue interests in Trump International Hotel & Resort, Maldives, in partnership with Securitize, Inc., a platform for tokenizing real-world assets, and DarGlobal PLC (LSE…
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Plans for historic ex-Government office in Central London to be turned into 652-bedroom hotel
A Grade II-listed Central London building which once housed a Government department could soon be turned into a 652-bedroom hotel, plans show. The proposal for Noble House on 17 Smith Square includes a restaurant and bar/cafe at ground level as well…
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What The Belfry and Club Quarters learned from renovating while staying operational
What’s the best way to carry out extensive redevelopment works while staying open for business? It’s an issue many hotel investors and owners must face.
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Foreign investors flock to buy Thai hotels, with 2026 set to surpass THB12 billion
Foreign investors are driving the Thai hotel market, with 2026 set to see transactions exceed 12 billion baht, focusing on prime locations in Bangkok and Phuket.
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Proof is the new leverage in hotel transactions
The hotel transaction market is moving again, but not as it did when debt was cheap and assumptions carried weight. Today’s capital is more selective, more structure-driven and far less interested in forward narratives…
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The Latest Way to Create an Isolated Retreat: Buy a Whole Village
Wealthy buyers and tourism entrepreneurs are acquiring abandoned European villages — school, church and bar included.
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Dar Global launches The Trump International Golf Club, Wadi Safar
The golf course will be spread over 2.6 million square meter site, and feature a gated community, a luxury Trump hotel and premium residences
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Govt Plans $4 Billion High-Rise Redevelopment of New York’s Roosevelt Hotel
Pakistan will pursue a high-rise redevelopment of the iconic Roosevelt Hotel in New York through a joint-venture privatization model, aiming to attract $3-4 billion in investment and boost the value of its stake by up to 250 percent…
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Aimbridge sues former CEO, co-founder
Lawsuit against David Johnson alleges a violation of contractual restrictive covenant obligations; asks court for expedited discovery.
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