Leonardo Hotels Central Europe announces expansion plans
International hotel group Leonardo Hotels Central Europe (LHCE) has announced a strategic expansion plan fuelled by an investment partnership, which…
investment
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Travel and tourism deal activity down by 22.5% YoY at start of 2024
The travel and tourism sector witnessed the announcement of 93 deals globally during the first two months of 2024. This…
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Trip.com Group highlights Asia’s tourism growth at Davos
Global travel service provider Trip.com Group’s CEO Jane Sun expressed optimism about the growth and investment potential of Asia’s travel…
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Lodging brand LOGE Camps secures $16m investment
LOGE Camps, the rapidly growing lodging brand that enables travellers to engage with the outdoors, has recently secured a capital…
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Capital investment propels global travel and tourism growth
The World Travel and Tourism Council’s (WTTC) Travel and Tourism Economic Impact 2023 Global Trends Report forecasts a growth of…
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AI start-up aims to advance sustainability in hotel management
Hotel sustainability artificial intelligence (AI) start-up BeCause has secured an early $450,000 investment ahead of its official seed round opening.…
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Travel tech company IBS Software secures $450m investment
Private equity advisory firm Apax Partners has invested $450m to acquire a minority stake in IBS Software. The transaction is…
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Investment firm AXA acquires Hotel Sofia in Barcelona
French investment firm AXA IM Alts has purchased the five-star Hotel Sofia in Barcelona from the Spanish hospitality platform Selenta…
