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Anbang Insurance seeks to divest luxury hotel portfolio
Anbang Insurance is seeking to sell its luxury hotel portfolio it bought in 2016, to raise cash following a takeover by the Chinese government.
Piramal Capital & Housing Finance to invest in hospitality group Samhi
Piramal Capital & Housing Finance Limited (PCHFL), a completely owned subsidiary of India-based Piramal Enterprises, has announced investment of Rs6.5bn ($74.6m) in the Gurgoan based Samhi Group, which owns 29 hotels.
Golden Entertainment to acquire two casino resorts in US
Golden Entertainment has signed an agreement with Marnell Gaming to buy the Edgewater Hotel & Casino Resort and the Colorado Belle Hotel & Casino Resort in Laughlin, Nevada, US.
Hoist Group Publishes Bond Prospectus and Applies for Bond Listing on Nasdaq Stockholm
Hoist Group issued on 29 June 2017 senior secured callable floating rate bonds in an aggregated amount of Skr500m with ISIN SE0010101576 within a total framework amount of Skr1bn on the Swedish bond market.
Katara Holding acquires New York’s landmark Plaza Hotel for $600m
Qatar government-owned fund Katara Holding has acquired 100% of Plaza Hotel, a New York hotel in which Sahara India owned majority stake, for about $600m.
Bloom Hotels wins auction for Hotel Asian International in New Delhi, India
Bloom Hotel Group has won the auction for a three-star hotel located at Janpath lane in New Delhi, India.
Noble acquires Residence Inn by Marriott Tampa Downtown
US-based private equity firm Noble Investment (Noble) has announced the acquisition of newly renovated Residence Inn by Marriott Tampa Downtown in the business and financial district of the Tampa Bay area.
Rising Talent Awards Lebanon MAISON&OBJET Paris September 2018
With the success of the previous editions, the Rising Talents Awards have become a major event for the worldwide design community. Organized every year by MAISON&OBJET, the event is an illustration of the fair’s ambition to be a leading platform for promoting young designers by giving them a chance to exhibit their work for an audience of international professionals.
Ramy Fischler Named Designer of the Year at MAISON&OBJET Paris September 2018
With every new edition, MAISON&OBJET PARIS elects a Designer of the Year to honour one of the most outstanding names in industrial and interior design worldwide. In September 2018, MAISON&OBJET PARIS has chosen to celebrate the talent of Ramy Fischler.