Numa expands into UK with London hotel acquisition
European hospitality property specialist Numa Group is expanding into the UK with the acquisition of a Central London asset in partnership with New World Hospitality.
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Numa expands into UK with London hotel acquisition
European hospitality property specialist Numa Group is expanding into the UK with the acquisition of a Central London asset in partnership with New World Hospitality.
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Starwood Capital and Jaws plan public listing via merger
Investment affiliates of Starwood Capital Group, which hold interests in a range of hotel properties, and Jaws Mustang Acquisition Corp (NYSEA: JWSM), a special purpose acquisition company, announced today their intention to merge, leading to a…
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The High-End Restaurant Trends Set To Transform The Dining Experience In 2024
In the world of fine dining, pushing the boundaries of culinary creativity is nothing new, but in 2024, we’re seeing chefs go far beyond what was previously possible in a bid to delight and wow diners like never before…
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EU tourism at a decade high in the first half of 2023
The EU tourism industry is experiencing a strong recovery from the impact of the COVID-19 pandemic…
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Hotel inflation rate is biting but paled in comparison to the rise of energy prices in Europe
From a global pandemic to the Russian invasion of the Ukraine, inflation now looms over the global economy, driving up prices and putting further pressure on the cost of living…
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EU Commission to Prevent Booking Holding From Purchasing of eTraveli
Booking Holdings is set to lose the €1.67 billion deal with Sweden’s eTraveli Group, a very important transaction that has been left stranded for nearly two years. This is expected to happen due to the European Commission deciding against it…
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Accent Group set to open Four Points by Sheraton Budapest Danube on the bank of the Danube River
Accent Hotel Management will open Budapest's first Four Points by Sheraton hotel on the bank of the Danube, representing one of Marriott International’s 30 extraordinary brands…
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Hyatt sets sights on further European expansion
Hyatt is to further increase its presence within Europe as part of its expansion into the wider EAME (Europe, Africa and Middle East) region.
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Look for European Hotel Dealmaking to Pick Up Later in 2023
Deloitte's top hotel consultant, Andreas Scriven, has a finger on the pulse of European dealmaking. He forecasts more assets changing hands in the year's back half.
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Major hotel franchises companies move forward with construction projects in Europe
In the year-end 2022 Europe Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), analysts report that at the close of the fourth quarter, Europe’s total construction pipeline stands at 1,711 projects/260,911 rooms…
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BWH Hotel Group is expanding its upscale, chic boutique brand, Aiden, as the brand is set to grow by over 200% in the years ahead with the portfolio doubling in 2023 alone. Highlights of the brand growth include the upcoming launch of Aiden in India…
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Europe and Middle East tourism set to return to pre-pandemic level
After stronger than expected recovery last year, 2023 could see international tourist arrivals bounce back to pre-COVID-19 levels in Europe and the Middle East.
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Euromonitor Report Releases Top 100 City Destinations for 2022
Paris retained the title of the world’s top city destination, with Dubai and Amsterdam making up the top three. Annual index by global market research company reported on the top global cities for tourism, sustainability, and economic performance…
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LE: Europe hotel conversions reach all-time high
According to the Q3 2022 Europe Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), analysts report that at the close of the third quarter, Europe’s hotel construction pipeline stands at 1,660 projects/258,476 rooms…
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IHG signs long-term commercial agreement with Iberostar
IHG Hotels and Resorts has signed a long-term commercial agreement with Iberostar for resorts and all-inclusive hotels.
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AIMBRIDGE EMEA REPLACES VENERABLE INTERSTATE BRAND
After spending many years as one of the most well-known global third-party management companies, the Interstate Hotels & Resorts brand is being retired by its parent company, Aimbridge Hospitality, and being replaced with the Aimbridge EMEA moniker…
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European cities to see hotel prices increase in 2023
Hotel prices are set to rise “across the board” in 2023 with European cities likely to see some of the steepest increases, according to a new report from American Express Global Business Travel.
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Ageing gracefully - what should modern senior living concepts look like?
The population in Europe is continuously aging. A declining birth rate combined with a higher life expectancy (women: 83 years; men: 78 years)1) are the main reasons for this development.
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