Government support for the hotel sector meant that opportunity for investors was slow to come through, according to Questex’s fourth quarterly Investor Sentiment Assessment, in partnership with ABP Invest.
Bangkok-based hotel owner and operator Minor Hotels is expanding into China following an MoU with Funyard Hotels & Resorts, a core alliance enterprise of Chinese property developer Country Garden Group.
Kasada Capital Management has acquired a portfolio of 8 hotel properties from AccorInvest in what it describes as one of the largest cross-border hospitality M&A transactions in Africa.
American private equity firm Blackstone is rumoured to be eyeing UK company Bourne Leisure, in a move that would increase the company’s presence in the UK leisure sector.
Merilee Karr, Chair of the UK Short Term Accommodation Association and CEO of UnderTheDoormat presents her thoughts on how the relationship hotel brands have with the short-term rentals sector is likely to change radically this year.
Service Properties Trust has received a notice of termination from Hyatt with respect to the management agreement for 22 Hyatt Place hotels owned by subsidiaries of SVC.