Global travel and tourism sector witnessed the announcement of a total of 723 deals (mergers & acquisitions (M&A), private equity (PE), and venture capital (VC)) during 2023, a decline of 31.9% compared to the 1,062 deals announced during the previous year, according to GlobalData.
Source: New feed
The European hotel group extends contract with landlord GalCap by 20 years and sets to renovate its hotel on Schiffamtsgasse in Vienna, Austria.
Source: New feed
All-new Hotel within a high rise building in the city’s harbourside Donggang Business District offers sweeping city and sea views, luxurious accommodations, destination restaurants and bars, a sky-high spa and wellness centre, and extensive event spaces for meetings and celebrations
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Calls Out Wyndham’s Campaign of Disinformation – Reiterates Commitment to Completing Pro-Competitive, Pro-Franchisee, and Pro-Guest Combination
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Lake Jackson is situated approximately 55 miles south of Houston, and its economy is anchored by the petrochemical industry.
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JLL worked on behalf of the seller, Ram Hotels.
Source: New feed
JLLÕs Hotels & Hospitality group announced today that it arranged the sale of the historic El Tropicano River Walk Hotel, the first purpose-built hotel located on San AntonioÕs famed River Walk.
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IHG Hotels & Resorts has announced the signing of a management agreement to open voco & Suites Jeddah, in partnership with Rusd Group. With project currently in advance stages of construction, the new built hotel is set to open its doors in September 2024.
Source: New feed
Built to accommodate guest stays of 20 nights or more, the lower midscale, extended‑stay solution already has more than 350 deals in various stages of negotiation
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With architecture by the internationally renowned firm eco.id, the new-build Four Seasons Resort Zanzibar will include 60 private villas with one to three-bedroom configurations. Accommodations will feature interior design by MOMA and eco.id, each with uninterrupted views of the Indian Ocean across the 126-acre (50-hectare) beachfront property.
Source: New feed