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The Al-Bahar Group has acquired an additional 30% stake in YOTEL, increasing its total hold to more than 95%.Ê
Source: New feed

Laurel Real Estate Co., a boutique real estate brokerage and member of Hotel Brokers International, announced the successful sale of the Fairfield Inn & Suites in Avon, Ohio. Laurel Real Estate Co. represented the Seller and was the sole brokerage involved in the transaction.
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IHG has debuted nine of its hotel brands in 13 European countries since the start of 2024, with open and pipeline hotels surpassing 1,100.Ê
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American Financial Group, Inc. (AFG) has announced that its wholly-owned subsidiary has entered agreements to sell Charleston Harbor Resort & Marina, a prime resort property and marina in Charleston, South Carolina.
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While Wall Street investors hesitate, their Main Street counterparts actively seize opportunities within the hotel industry, highlighting a risk versus reward mindset many smaller, nimble owners possess.
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The hotel’s offerings include a year-round heated rooftop pool, the first Guerlain Spa in Canada, a 90,000-square-foot athletic club, and a curated art gallery.
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The division will be led by Alex Mavridis and managed by Charles Carpentier, both with extensive experience in hospitality property management.
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Tempo by Hilton Belfast City Centre, the first Tempo hotel in Europe, is set to open under a franchise agreement with Loughview Leisure Group.
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IHG Hotels & Resorts is partnering with Peninsula Bay Investment Co., Ltd to launch InterContinental Hotels & Resorts in Cambodia. The InterContinental Sihanoukville will open in 2028 and include 300 rooms alongside dining and entertainment facilities.
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Indian Hotels Company (IHCL) introduces the Claridges Collection, a set of boutique luxury hotels aimed at the high-net-worth market. The Claridges Collection plans to expand to over 20 hotels in India’s metro cities and key leisure destinations by 2030.
Source: New feed