01 May 2025
01 May 2025
As the UK hotel industry looks to May 2025, a cautious yet generally optimistic outlook emerges.
The surge marks a significant year-on-year increase in both project numbers and room volume, with growth seen across all stages of development.
This transaction marks the first equity investment completed by KSL's European Capital Solutions platform, which targets travel and leisure assets.
The hotel will be managed by regional third-party operating partner Ishraq Hospitality.
The property will undergo refurbishment before its rebranding to Holiday Inn Townsville in early 2026.
This integration is made possible by the Otis Integrated Dispatch technology.
The five management agreements will introduce over 1,000 rooms in the country.
Mapito Safari Camp is expected to provide 16 tented suites, including a two-bedroom villa.
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