While countries like South Africa, Nigeria, Mauritius, Kenya and Tanzania are evergreen for investment, other cities are attracting interest as well.
Over the next five years, Hilton is poised to open nearly 100 hotels across the Middle East and North Africa.
Two deals will open properties in Madinah and Jeddah.
At Radisson's first conference since being acquired by China's Jin Jiang, its leadership team targeted new growth opportunities.
The downtown San Francisco hotels—Hotel Vertigo, Good Hotel, Americania Hotel and Carriage Inn—total 418 guestrooms.
The agreements with Dubai-based real estate development firm SRG Holding will convert two SRG-owned properties to Staybridge Suites.
Japan Hotel REIT Investment Corp. has acquired the Hilton Tokyo Odaiba for JPY62.4 billion.
A JV including investment firm Invel, NBG Pangaea REIC and an undisclosed third party have acquired a majority stake in a Cyprus mixed-use development.
The Raffles Jaipur and Raffles Udaipur are expected to open in 2022 and 2020, respectively.
Wexford Lodging Advisors and Trinity Private Equity Group plan to upgrade the DoubleTree Suites by Hilton Hotel Nashville Airport this year.
