Pandox signs an agreement with Midstar to divest eight hotels with a total of 965 rooms in Sweden. The acquisition price amounts to 850 million Swedish crowns (US$100 million)
Shanghai Jin Jiang International has raised its stake in French hotel group AccorHotels to 5.5 percent, becoming its second-largest shareholder, according to a regulatory filing.
A growing number
Minor Hotel Group, owner and operator of hotels and resorts in 22 countries across Asia Pacific, the Middle East, Europe, South America, Africa and the Indian Ocean, announced completion of
Starwood Hotels & Resorts closed 2015 with 220 newly signed hotel management and franchise agreements, a 26 percent increase over 2014, marking the sixth consecutive year of increased signings and
Goldman Sachs has invested 4.4 billion rupees (US$66 million) for a significant minority stake in Indian hotel investment and development firm Samhi Hotels, the companies said in a
Greece?s privatisation agency has signed a 400 million euro (US$434.3 million) deal with Jermyn Street Real Estate Fund to sell Astir Palace, a luxury seaside resort outside
China? Evergrande Real Estate Group Ltd has agreed to buy mainland property assets, including hotels, in cities including Shanghai and Beijing from the empire of Hong Kong tycoon Cheng Yu-
Dusit Fudu Hotels and Resorts signs an agreement with Zhuzhou Nature Real Estate Development Company to manage the first upscale, internationally branded lifestyle resort in Zhuzhou City, in China?s
Cristiano Ronaldo and Portuguese hotel group Pestana announced a joint partnership to launch four boutique hotels.
The joint venture, co-owned by Ronaldo and Pestana, will be managed by The
Marriott International, together with the owner and development partnership led by RIDA Development Corp and Ares Management, announced the closing of a US$500 million construction loan from Wells Fargo
