A total of 666 deals (mergers & acquisitions (M&A), private equity and venture financing) were announced in the travel and tourism sector globally during January-November 2023, which is a year-on-year (YoY) decline of 32.7% compared to the announcement of 989 deals during the same period in the previous year, finds GlobalData.
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IHG Hotels & Resorts has signed a management agreement with A.R Resorts & Hotels Pvt Ltd to develop a new hotel in the city of Amritsar – voco Amritsar Airport. The 139 key hotel is set to open its doors to travellers in December 2024.
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The 156-key Staybridge Suites Mina Al Arab will offer studio, one and two-bedroom appartments blending contemporary design with spacious layouts.
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Accor announces the signing of its first hotel in Tajikistan
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The hotel is part of the larger City Island development, one of the most significant investments in Croatia, stretching across 80,000 sqm of land.
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Urges Shareholders Not to Take Action at This Time
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CHICAGO (December 12, 2023) – Hyatt Hotels Corporation (NYSE: H) today announced the grand opening of Sunscape Dominicus La Romana, the newest addition to the Inclusive Collection, part of World…
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The hotel will feature 157 rooms with a total of 549 beds, including double rooms, triple rooms, four-bed rooms, and even six-bed rooms.
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Kerzner International Holdings Limited announced the signing of a new One&Only resort and community of Private Homes to be developed in Antigua.
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Kempinski Hotel and Residences Bahrain Harbour, will occupy one of three signature towers that are part of the mixed-use Bahrain Harbour development. The property will boast 74 guestrooms situated on the upper floors and an additional 186 Kempinski branded residences spread across the rest of the building.
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