Several notable deals agreed after the pandemic outbreak, totalling €1.2 billion, confirm that there are investors confident about the long-term prospects of the hotel sector.
The Minister of Tourism for the Kingdom of Morocco has agreed to join a line up of speakers for the forthcoming Hotel Investment Conference Africa in Morocco.The prestigious conference takes place in Casablanca September 26-27 and will focus on the opportunities across Africa.
The Central Asia & Turkey Hotel Investment Conference (CATHIC) will showcase development projects within Central Asia and Turkey during the Investment Den. As one of the most popular sessions held at our other conferences in Berlin, Moscow and Dubai, the Investment Den is an opportunity for developers to present their project to a panel of investors who are willing to “invest*” in their development.
Preparations for the Central Asia & Turkey Hotel Investment Conference are well underway with an exciting line-up of inspirational speakers in place ahead of the event. Taking place on February 2011, everything from the position of Turkey on the world stage to the challenges in going from a regional to global player will be on the agenda.
Thai hospitality brand Minor International has secured a key investment in Sri Lanka with the acquisition of local resort owner and developer, Cyprea Lanka. The $22 million deal includes the Kani Lanka Resort & Spa, Kalutara, and an adjacent plot of land primed for the development of the Anantara brand.
The reclusive Barclay brothers have divested their 10.4 percent stake in InterContinental Hotels for £330 million. The surprise sale has quashed rumours that the billionaire investors would attempt a take-over of the world’s largest hotel chain.
RIGHA Royal Hotels in Osaka, Tokyo, Kyoto and Hiroshima join the group
EcoGreenHotel President, Scott Parisi, announced the launch of his company’s new Energy Efficiency Analysis program, or E2A, designed to help green hotels assess their exact energy usage and develop cost-effective ways to reduce it.
Latitude 41 Restaurant in the Renaissance Columbus Downtown Hotel Opens Patio with May Day Grand Opening Celebration
Commonwealth Hotels, LLC and Hyatt Hotels & Resorts today announce the opening of the country’s second joint Hyatt Place and Hyatt Summerfield Suites development in Warrenville, Ill.
The Rezidor Hotel Group – one of the fastest growing hotel companies worldwide - announces the appointment of Elie Younes as Vice President Business Development Middle East & Africa. Based in Dubai, Younes will directly report to Puneet Chhatwal, Rezidor’s Chief Development Officer at the group’s head office in Brussels.
Already respected for its impressive environmental and social awareness ethos, the Vineyard Hotel & Spa’s Conference Centre will be the first conference centre in South Africa to run on ‘Green Power’