Topic: Hotel Investment Market
Laurent Levy purchased a 25-acre plot to develop between 800 and 1,000 guestrooms on Lake Kinneret in Israel.
Once a serial buyer, Dalian Wanda Group is continuing to seek out buyers of many of its holdings.
The UAE and Saudi Arabia outrank other MENA cities with the most active hotel construction pipelines in the region.
Despite a growing hotel pipeline by 301 projects, some African markets saw plunging performance results.
Hong Leong Group's City Developments has set its buyout bid for Millennium & Copthorne at approximately £1.8 billion.
Marriott's Four Points by Sheraton Bangkok Sukhumvit and Accor's Novotel Phuket Karon Beach Resort & Spa are up for sale as investors fight for property.
Various investors have agreed to fund Treebo Hotels as it enhances its brand in the budget hotel market.
The Gibson Hotel in Dublin's north docklands is expected to attract considerable interest in investment.
As tourist and investor interest rises, HVS highlights challenges in the game lodging industry.
French businesses—including hotel companies—are looking eastward for investment opportunities.