A Gaw Capital-controlled fund is in talks to purchase the Standard for $340 million.
Despite a 2.9-percent rise in GOPPAR, profit in Middle East & Africa showed mixed results.
European hotels' gross operating profit per available room climbed to €85.55 in June 2017, with Budapest leading the charge.
Croatia's domestic groups are only now showing ambition to expand internationally.
Thai hotel investment rises by 11.5 percent thanks to five hotel deals.
As tourist and investor interest rises, HVS highlights challenges in the game lodging industry.
Three quarters of hotel chains have reported high levels in business year-over-year.
While Europe will see rising hotel prices, they are poised to fall in Latin America and the Caribbean.
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French businesses—including hotel companies—are looking eastward for investment opportunities.