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...The owners of boutique hotel chain CitizenM are working with bankers to explore options for the business, including a potential sale, as it seeks to expand following a rebound in the travel sector post-pandemic.Netherlands-based...
...Italy, France and Greece are also among the top five destinations for deploying capital this year, according to the 2024 survey of more than 60 investors including hotel owners, developers and private funds...
...The majority owner of Motel One Group has taken full control of the budget hotel chain in a transaction that values it at €4.1bn, the latest sign of a return to dealmaking in the hospitality sector following...
...Canary Wharf’s owners Brookfield and the Qatar Investment Authority announced a £300mn equity infusion and a £100mn revolving credit facility for the company in October....
...The programme focused on the drivers, team bosses and owners and has been credited with growing the sport’s fan base....
...InterContinental Hotels Group’s annual results represented a definitive recovery from the Covid-19 pandemic for the Holiday Inn and Crowne Plaza owner, as it posted an operating profit of more than $1bn...
...A deal combining Choice and its bigger rival, both of which operate under a franchised model, would have created one of the largest budget hotel owners in the US, with nearly 1.5mn rooms....
...The conversion of BT Tower would mark the latest bid to transform a historic London building into a top-end hotel....
...asks Portia Hart, the British-Trinidadian creator-owner of Blue Apple Beach, an 11-room hotel on Tierra Bomba, an island not far from Cartagena....
...February marked the opening of a third New York address, The Warren Street Hotel, in the heart of Tribeca, and housed in its own purpose-built tower....
...Blackstone is one of the largest investors in the UK and has been doing deals in the country since 1998 when it bought The Savoy Group hotel business....
...Among the biggest movers on European stock markets on Monday are German kitchen equipment maker Rational, UK retailer Marks and Spencer, and hotel owner Whitbread....
...Pending the start, in October, of a year of celebrations to mark the 750th anniversary of the founding of Amsterdam, the city’s five-star hotels have been raising their game....
...Its popularity is down to the buildings’ charm – they were lovingly and meticulously restored by owners Edmund Jin and Eva Lu when they bought it – and the excellence of its culinary offering....
...While hotels and airlines have used dynamic pricing for decades, restaurants and entertainment facilities are increasingly adopting the model....
...QSI’s interest in Dorna marks a step change, and suggests it may have widening ambitions....
...If the deal goes through, Canal+ will have to navigate South African legislation that prevents foreign owners from controlling more than 20 per cent of voting rights in national broadcasters....
...Jindal told the Financial Times....
...While EP Group also holds some 30 per cent of PostNL, the Netherlands’ legacy postal service, a potential takeover of IDS would mark the first logistics business that Křetínský controlled....
...Jannah, whose interiors were designed by owner Anna Trzebinski, bridges a gap in Lamu between the more rustic private rentals and hotel stays, of which there are few....
...The European Commission ruled in 2006 that the two could not have the same owner owing to concerns that broadcasters would be disadvantaged in negotiations over screening events....
...The owner of confectionery group Mars has agreed a deal to buy upmarket chocolatier Hotel Chocolat in a cash offer that values the company at around £534mn on a fully diluted basis....
...MCR is a US-based hotel owner and operator with a $5bn portfolio of independent and branded hotels....
...The sale of Via Monte Napoleone 8, a building that houses Kering’s Saint Laurent store, as well as Prada and the LVMH-owned Cafe Cova, marks the largest-ever single asset real estate sale by Blackstone in...
...A deal combining Choice and its bigger rival would create one of the largest budget hotel owners in the US, with significant operations overseas....
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