On 14 th November, 2022, Indies Capital Partners, a alternative asset manager in Southeast Asia, announced the acquisition of a 60% stake in PT Swiss- Belhotel International Indonesia and PT Zest Hotels International Indonesia from Ciputra Group Indonesia.
Source: New feed
Located in the heart of downtown Tempe, the hotel will feature 330 guest rooms, including 11 suites, four dining outlets, a spacious pool deck, retail, and nearly 36,000 square feet of flexible indoor and outdoor meeting spaces with expansive views of the ASU campus and the Arizona cityscape.
Source: New feed
The new Tempe Castle is scheduled to open in the first half of 2023
Source: New feed
Minor Hotels’ Avani brand will make its Maldives debut with the opening of Avani+ Fares Maldives Resort in early Q2 2023. Located in the Baa Atoll UNESCO Biosphere Reserve, the resort will be Minor’s sixth property in the country.
Source: New feed
Facing higher costs, hotel investors are finding ways to boost values as tourism surges
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Shipley Do-Nuts has signed a deal with Lexington, Virginia-based lawyer and businessman Jody Mask to open three Shipley locations in Virginia, a new state for the brand.
Source: New feed
The collection of 112 homes will be set within the capital city and at the heart of its most sought-after neighbourhood, Bahrain Bay.
Source: New feed
The company is also enhancing its strategic positioning in Greater China through dual-brand projects and its franchise-plus model.
Source: New feed
IHG Hotels & Resorts (IHG) announced that its Luxury & Lifestyle collection brand, Vignette Collection, will come to the beach destination of Patong in partnership with Dinso Resort Co., Ltd in mid-2023.
Source: New feed
Mandarin Oriental Hotel Group has announced that it will manage a luxury hotel in Kuwait, projected to open in 2028. The hotel will be located in the heart of the financial district of Kuwait City.
Source: New feed