African Export – Import Bank (Afreximbank) has approved a US$ 30 Million financing facility to Joyau Des Caraibes Limited (JDC); the Caribbean subsidiary of ORA Developers, for the expansion of Silversands Hotel in St. Georges, Grenada.
Source: New feed
Four Seasons Private Residences Las Vegas today announced over $400 million in sales to date and continues to make construction progress ahead of its late 2026 debut. Since launching sales in May of 2023, the building is 45 percent sold.
Source: New feed
Travel and tourism sector witnessed the announcement of 217 deals (mergers and acquisitions (M&A), private equity and venture financing deals) during January-April 2024 compared to the announcement of 251 deals during the same period in previous year.
Source: New feed
IHG announced the signing of a management agreement with Mansarovar Amusement Park & Resort to develop Crowne Plaza Resort Nepalgunj, Nepal. Scheduled to open in early 2028, the resort will feature over 100 keys and will strengthen the IHG portfolio in the SWA region.
Source: New feed
JLL Capital Markets worked on behalf of Songy Highroads LLC and Hyatt Hotels Corporation in this transaction
Source: New feed
Weekly Hospitality Industry Asia Pacific News Roundup from HVS
Source: New feed
Waldorf Astoria Residences Ras Al Khaimah will comprise 43 ultra-luxury residences, penthouses, and sky palaces.
Source: New feed
DSH Hotel Advisors held the exclusive listing with the seller, generating 105+ signed Confidentiality Agreements from qualified buyers and receiving 13+ offers from buyers throughout the country.
Source: New feed
Spanning five stories and 45,000 square feet, this state-of-the-art facility features a versatile, modern design to elevate customized business and leisure events – ranging from personal and intimate to grand, large-scale events – within Miami’s booming social and convention tourism industry.
Source: New feed
IHG Hotels & Resorts is opening two Luxury & Lifestyle brands in Vietnam this year as it introduces Hotel Indigo and Vignette Collection to the market as part of its growth strategy.
Source: New feed