19 October 2026
19 October 2026
Hotel staffing shortages, rising wages and operating costs are putting pressure on profit margins as operators prepare their 2027 budgets.
The company is a publicly traded joint venture between Blackstone and Panchshil Realty.
GlobalData identifies major hotel development hotspots in the Middle East and Europe, highlighting where future supply could reshape competition.
The transaction is part of SkyCity’s previously announced asset monetisation programme.
The agreement forms part of Omaxe’s Rs62bn ($653.63m) hospitality expansion, announced in June 2026.
B&B Hotels operates hotels across 19 countries across Europe, as well as in Brazil and the US.
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