Global hotel earnings stay strong despite decline in leisure demand
While Europe continues to outperform, the Americas and Asia Pacific face slower recovery.
02 December 2024
02 December 2024
While Europe continues to outperform, the Americas and Asia Pacific face slower recovery.
This move is a step towards transforming the 12% of net lettable office property into a mixed-use asset.
The country’s tourism sector reports a substantial increase in arrivals in the first nine months of 2024.
Situated in the Canalejas area, the hotel will feature 154 guest rooms and suites, as well as a rooftop bar and restaurant.
The group plans to add 12,000 guest rooms in 113 cities, aiming to meet the rising demand for high-quality hospitality services.
VILEEN Rishikesh is designed to be a sanctuary for holistic rejuvenation, featuring the Samagra Spa.
With this property, IHG's portfolio of operational and signed hotels in Türkiye will reach 45.
Under the agreement, general manager Hayley Scott and food and beverage director Chris Scott will continue to run the hotel.
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