With oil prices above $70 per barrel for the first time since 2014, overseas real estate transaction volumes by Middle Eastern buyers are set to pick up, reflecting adjustment in investors’ strategies, according to a new report by JLL titled 2018 Top Themes Driving Middle East Outbound Real Estate Flows in 2018.
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The hotels include, African Pride Melrose Arch Hotel, African Pride 15 on Orange Hotel, African Pride Mount Grace Country House & Spa, African Pride Irene Country Lodge, Arabella Hotel & Spa, Arabella Country Estate.
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Las Vegas property to raise Waldorf Astoria flag in late summer with plans for improvements and upgrades based on new brand touches
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Mandarin Oriental Hotel Group has announced that it will manage a new hotel in Ho Chi Minh City in Vietnam, scheduled to open in 2020.
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Dreamlines, the German-headquartered OTA and tour operator, confirmed today the acquisition of 100 per cent of the share capital of Cruise 1st, the UK headquartered cruise specialist. The value of the transaction is not disclosed.
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Officials of Bears Creek Hershey Hotel, LLC, a joint development between Shaner Hotels and Chafia Capital Partners today announced that the 120-room Courtyard by Marriott Hershey Chocolate Avenue was named the 2017 Marriott Opening Hotel of the Year. The Pa. hotel is managed by Shaner Hotel Holdings, LP.
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Dickey’s Barbecue Pit plans to open their newest location in Annapolis in late 2018. The new location will be owned by Dickey’s franchisee Yvonne Stanley.
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Mandarin Oriental Hotel Group has received notice of termination of its management agreement for Mandarin Oriental, Las Vegas and will cease managing the hotel with effect from 30 August 2018.
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Doubles Pizza Hut’s footprint in the regions covered by the alliance; places Pizza Hut in the #1 position in the category across Latin America and the Caribbean in terms of unit count; and confirms Pizza Hut’s position as the world’s largest pizza restaurant company
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Starbucks accelerates net new store growth to 600 per year, expanding to approximately 100 new cities to reach 230 cities across Mainland China by end of FY2022 – Expects to more than triple revenue and more than double operating income in China over the next 5 years, relative to FY2017
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