Asia remains the largest tourism growth market
Asian outbound travel grows by six per cent – International trips within Asia a significant growth driver – City breaks report highest growth – ITB to present the latest findings
Business
Radisson brand to make Russia debut with first signing in Perm
Radisson Hotel Group is proud to announce the signing of the first Radisson-branded hotel in Russia. Set to arrive in the Urals region of the country, the newly built Radisson
Pandox acquires two hotels for MEUR 83
Pandox AB (publ) has entered into an agreement to acquire two hotel properties including operations in the Hague (the Netherlands) and Hannover (Germany) with a total of 421 rooms. The
Scandic to open central Helsinki’s largest conference hotel
Scandic has signed a lease agreement for a new meeting and conference hotel in Helsinki. The hotel, Scandic Avenue, will have 350 rooms and will be located near the Old
The Edwardian Manchester joins The May Fair as Edwardian Hotels in London
Edwardian Hotels London, one of the UK’s largest privately-owned hotel groups, and Radisson Hotel Group, have announced that following a multi-million-pound renovation, the Manchester property is relaunching as The Edwardian
Peab builds an addition to Scandic Hotel in Luleå
Peab has been commissioned to build 112 new hotel rooms in Luleå. The customer is Pandox and the contract is worth SEK 130 million. The contract is for a new
Merchants Hospitality Closes on $38 Million Financing on Z Hotel
Merchants Hospitality, New York’s largest privately held hospitality company, has successfully closed financing on another one of their hotel properties with a new $38 million mortgage for its Z Hotel
Kempinski Opens Its First Caribbean Hotel in Dominica
Europe’s oldest luxury hotel group officially launched its first resort in the Eastern Caribbean region, with special guests expected to fly in the following weeks. Cabrits Resort & Spa Kempinski
Convexity Properties Announces The Beeman Hotel At Eastline
Convexity Properties, a Chicago-based real estate investor, is excited to announce its plans for the extensive renovation and rebranding of the Magnolia Hotel Park Cities, which will anchor a newly-formed
Marriott International to Acquire Elegant Hotels Group Fueling Growth of All-Inclusive Platform
Marriott International (NASDAQ: MAR) announced the company has reached an agreement with the board of Elegant Hotels Group plc (LON: EHG; “Elegant”) on the terms of a recommended all cash
