After a year marred by a global public health crisis, 2020 has left many thirsty for in-person social gatherings with friends and family…
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Most interesting
Faena group and Accor embark on global venture to expand the Faena brand worldwide
Alan Faena and Len Blavatnik of Faena Group, together with Sébastien Bazin, Chairman and CEO of Accor, today announced the launch of a global strategic partnership focused on expanding the Faena brand around the globe…
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Minor Hotels targets China expansion
Bangkok-based hotel owner, operator and investor Minor Hotels has signed a memorandum of understanding with Funyard Hotels and Resorts to its expand its portfolio of hotels in mainland China.
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The Fire Sale That Never Happened
Expecting a tidal wave of distressed selling and recapitalizations at 30-50% discounts to pre-COVID values, the private equity industry raised an unprecedented amount of capital in the early months of the pandemic…
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China’s Hotel Recovery Falls Off Rails Amid New Coronavirus Flare-Ups
The hotel industry’s geographic revenue bright spot during the pandemic is even grappling with second surge setbacks.
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Micro-weddings & Minimonies. Adapting Your Hotel for Small-Scale Celebrations
Lavish, over-the-top weddings with extensive guest lists are a thing of the past, at least for the near future…
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Accor Set for Range of New Openings in 2021
Accor is kicking off the year with an encouraging development outlook and a full schedule of new hotel openings around the world…
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European Hotel Deal Volume Expected To Grow in 2021
The European hotel transactions picture was dire in 2020 as hotel firms saved cash and two of the largest deals took place before COVID-19 erupted, but deals volume could grow in 2021 as more distress hits the market…
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