IHG not to resume Russian investments in near future
The company closed its corporate office in Moscow but will continue to support its employees.
Europe Understanding the Attractiveness for Investments
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Europe Understanding the Attractiveness for Investments
Eurazeo, PSP Investments partner to invest in hotels across Europe
The partnership will acquire a Spanish hotel group from Grupo Empresas Matutes and El Corte Inglés.
Noble Investment Group buys two hotels in Georgia, US
The two hotels are located close to numerous tourist destinations.
Tristan’s EPISO 5 Fund buys four-star hotel in Manchester, England
The hotel completed a three-year conversion programme and opened in May this year.
Avelios and Crestline Investors’ JV buys East London hotel
The off-market deal was reached with investment and development company Definition Capital.
Dubai Investments, Millennium partner for first lifestyle hotel in Mirdif
Millennium Place Mirdif Hotel will have 116 rooms and suites and 132 serviced apartments.
OYO raises TLB funding of $660m from global institutional investors
The maiden TLB capital raise was oversubscribed by almost 1.7 times.
InterContinental Adelaide to undergo first major renovation
InterContinental Adelaide luxury hotel in South Australia is set to undergo an extensive $32m renovation programme in late 2021.