InterContinental Hotels Group (IHG?), one of the world?s largest hotel companies, has concluded a multi-development franchise agreement with Bierwirth & Kluth Hotelmanagement GmbH to develop five hotels across
1Philadelphia, Pa.-based Hersha Hospitality Trust is selling 16 hotels to an affiliate of Blackstone Real Estate Advisors for $217 million, the company said in a press release Sept. 24.
1BALI, Indonesia–(BUSINESS WIRE)–May. 9, 2013–?Starwood Hotels & Resorts Worldwide, Inc.?(NYSE: HOT) and?PT Tiara Raya Bali International?today announced the debut of Le M?ridien?Bali?
1African hospitality group Mangalis Management is investing ?315m (US$508m) in the construction of 2,200 rooms and suites spread across 15 properties in 13 African countries. The group has
1On October 10(th) , leading Japanese hospitality company Fujita Kanko Inc. will open its 30(th) Washington Hotel in Hiroshima, Japan. An excellent addition to the reasonably-priced modern hotels
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(London, 1 October 2013) glh., the London-based global hotel subsidiary of the Singapore-listed GuocoLeisure Group, today announces the launch of a new luxury hotel and private residences
1Tourism chiefs in Dubai on Sunday announced plans to encourage more mid-market hotels to set up in the emirate, which is traditionally dominated by luxury offerings.
Helal Saeed Almarri,
1Interesting article?from Bloomberg this morning focusing on hotel investment in Mexico. Particularly that there still is robust investment in the country, even in the face of ongoing drug wars.
1Kenya?will be among 13 countries in?Africa?to benefit from a Sh44.1 billion (?315 million) investment by an international hotel investor.
The new investor ? Mangalis Management Group is
1Nairobi, 24th of September 2013. Mangalis Management Group is launching four new hotel brands, from economy to upper-midscale, which will change forever the African hospitality landscape during the Africa
