CBRE advises Aldar on Rixos Bab Al Bahr transaction in Ras Al Khaimah
Global real estate advisor CBRE has provided valuation and technical due diligence advisory services to Aldar Properties PJSC on the purchase of Rixos Bab Al Bahr for USD 210 million (AED 770 million).
La Vie Hotels & Resorts expands in Sri Lanka with three key Radisson Hotel signings
La Vie Hotels & Resorts, one of Asia Pacific’s leading and fastest growing independent hotel management companies, has signed a landmark deal with Radisson Hotel Group and Sino Lanka Group to operate three hotels in Sri Lanka.
Knight Frank Survey reveals strong appetite for Malaysian Hotel investment with 64% of respondents looking to increase their exposure.
James Buckley, Executive Director Capital Markets, Knight Frank Malaysia, says “We do expect to see an increasing number of hotel transactions over the next 24 months.
The industry’s first loyalty program reinvents itself – Claire Bennett, Global Chief Customer Officer, IHG Hotels & Resorts, said, “This is one of the largest and most comprehensive investments that IHG Hotels & Resorts has made in recent years. It’s also the biggest development we’ve...
Ovolo Hotels is bringing back its infamous virtual Easter egg hunt. Ovolo’s Easter Egg Games will give loyal subscribers and followers access to a virtual game to win 15% off their next stay. If a player successfully finds the hidden egg, they’ll automatically be entered into a lucky draw to win...
Oaks Hotels, Resorts & Suites supports Australian arts industry through Gold Partnership with Opera Australia
Oaks Hotels, Resorts & Suites is pleased to announce their Gold Partnership with Australia’s pre-eminent performing arts company, Opera Australia for their 2022 Season.
CBRE Appoints Ananth Ramchandran Head of Advisory & Strategic Transactions Hotels & Hospitality Asia
CBRE announced Ananth Ramchandran Head of Advisory & Strategic Transactions Hotels & Hospitality Asia. Steve Carroll, Head of Hotels & Hospitality, Capital Markets, Asia Pacific, said, “Ananth brings leadership and deep experience when Asia Pacific’s hotel sector is at an inflexion...
JLL Hotels Webinar – Gearing back up for No Vacancy
JLL Hotels & Hospitality Group has successfully hosted the “Gearing back up for No Vacancy - When the guests return, will you be ready?” webinar; a topical discussion on what’s ahead for the sector in 2022.
