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Hotel Investment

02/10/2017 09h17

Saudi Arabia: the billionaire Richard Branson invests in a Red Sea product

The billionaire founder of Virgin has announced his intention to invest in Saudi Arabia's tourism projects, which aim to make the country sustainably appealing for more than its oilfields.

30/08/2017 09h29

A Chinese hospitality crowdfunding platform raises $29 million

Kaistart, a crowdfunding platform dedicated to hospitality and restaurant industries, has just raised $29 million to foster its development.

24/07/2017 11h20

The first Autograph Collection Hotel opens in Estonia

Autograph Collection Hotels, Marriott International’s brand, announced the opening of its first hotel in Estonia with the Hotel Telegraaf in Tallinn’s historic centre.

21/07/2017 11h50

[SLIDESHOW] Opening of the first Hyatt Centric in Central America

Hyatt Hotels Corporation, in conjunction with LATAM Hotel Corporation and GHL Hotels, has announced the opening of the Hyatt Centric Guatemala City, the brand’s first hotel in Central America.

20/07/2017 14h40

Wyndham to acquire the American brand AmericInn for $170M

Minnesota-based midscale hotel brand AmericInn has agreed to be acquired by Wyndham Hotel Group for $170 million. The AmericInn brand is owned by Chanhassen-based Northcott Hospitality and includes...

19/07/2017 13h11

[Slideshow] The first AC Hotels by Marriott® opens in Germany

Marriott has announced the opening of its first property AC Hotels in Mainz, Germany.

19/07/2017 08h37

Opening of the largest Holiday Inn Express® in the Americas Region

IHG Group has announced the opening of a Holiday Inn Express® Hotel in the city of Waikiki. With its 44-story, it is the largest Holiday Inn Express property in the Americas region.

18/07/2017 08h45

Carlson Rezidor Hotel Group opens a Radisson Blu in Poland

Radisson Blu announced the opening of the Radisson Blu Resort Świnoujście in Poland. This five-star hotel is the first luxurious hotel in the city and confirms the development's strategy of the group...

11/07/2017 09h30

[French government] Jean-Yves Le Drian: tourism as a priority

The minister for Europe and foreign affairs, Jean-Yves Le Drian, has no intention of leaving the fate of tourism to just anybody. From Monet's Gardens in Giverny, he reaffirmed the significance he...

10/07/2017 11h03

China: Wanda sells 77 hotels to R&F Properties instead of Sunac

In a statement last wednesday, Wanda Group has announced the sale of 77 hotels for 19,9 billion of yuans to the chinese group R&F Properties instead of Sunac.

29/06/2017 09h52

Cabin raises $3.3 million to launch its hotel on wheels

Cabin, a U.S. start-up which develops the project of a moving hotel, has just secured more than $3 million in seed financing.

23/06/2017 11h23

Summit Hotel Properties purchases 5 Xenia properties for $163 million

A new deal between REITs was closed in the United States: Xenia Hotels & Resorts has agreed to make the sale of 5 hotels in its portfolio. The operation amounts to $163 million.

06/06/2017 09h50

Internos Hotel Real Estate Fund: €260 million to invest in European hospitality

Internos Global Investors, European asset manager specialized in real estate investments, has closed its Hotel Real Estate Fund II. It has reached €133 million meaning a €260 million investment...

19/05/2017 10h06

Italy: public properties and heritage sites in exchange for touristic investments

The Italian State Property Agency is placing more than a hundred heritage sites on the market. These will be given to potential investors in exchange for their commitment to revamp them and open them...

20/04/2017 09h06

[Slideshow] The Dunalastair Hotel Suites reopens in Scotland

Historic property based in Kinloch Rannoch, Scotland, the Dunalastair Hotel Suites will reopen its doors on May 1st after several years of refurbishment.

14/04/2017 08h24

Why are these new investors interested in hospitality?

Investment in the hotel sector was at the core of discussion at the last Global Lodging Forum. On this occasion, four professionals presented the particularities and challenges of this operation....

06/03/2017 13h44

Hostmaker clinches a € 6-million- fundraising campaign

Hostmaker, a startup specialized in the concierge service designed for individuals and offering short-term accommodations just clinched a 6-million-euro fundraising campaign.

27/02/2017 13h05

Liege: The hotel industry in the Fervent City rekindles its sacred fire

Easily reached from Germany, France, and the Netherlands and located an hour from Brussels, Liege is open to Europe. In recent years the city has been modernizing its infrastructures to improve its...