Singapore-based Parkway Life REIT has entered Continental Europe with the acquisition of a €111 mln retirement home portfolio in France.
Hillwood wins €38m loan for new Polish logistics park
US-based group Hillwood's Polish arm has secured a €38 mln financing from mBank for the construction of the Hillwood Zgierz II logistics park in central Poland.
Invel secures €34m loan for Rome redevelopment
Invel Real Estate has secured a €34 mln financing facility from Italian lender BPM to redevelop an office-led building in Rome into 150 apartments.
The Hospitality Industry’s Digital Evolution
The hospitality sector is evolving rapidly. The digital age has brought new challenges and opportunities for hoteliers, making it essential to adopt advanced systems to optimize operations and enhance guest experiences.
Sierra Leone and UN Tourism join forces to host Women in Tourism Regional Congress
The Ministry of Tourism and Cultural Affairs of the Republic of Sierra Leone, in collaboration with UN Tourism
Hospitality must not fear AI technology but embrace it as a way of improving customer service
AI can be used to perform certain tasks in a more efficient and time-saving way, giving staff time to focus on other areas of the business as well as to optimise efficiency in things such as training, forecasting and marketing.
Third-quarter 2024 revenue Sustained activity growth
While RevPAR growth is normalizing, the Group continues to benefit from its diversification in terms of geography and segment. The Group’s two divisions, Premium, Midscale and Economy (PM&E) and Luxury & Lifestyle (L&L), both posted solid performances.
Zenitude Hôtel-Résidences chooses Mews to power its portfolio of over 40 properties
Mews, the industry-leading hospitality cloud, has been chosen by Zenitude Hôtel-Résidences group to manage its growing portfolio of over 40 properties in France.
Hotel pipeline activity increased globally, except for Europe
Europe is the only world region with lower hotel pipeline activity year over year, according to September 2024 data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets.
María Quintero of HVS Middle East & Africa is the 2024 Recipient of the ISHC Lori Raleigh Award for Emerging Excellence in Hospitality Consulting
The International Society of Hospitality Consultants (ISHC) has named María Quintero of HVS Middle East & Africa as the recipient of the annual Lori Raleigh Award for Emerging Excellence in Hospitality Consulting. María was honored at the ISHC annual conference held 26-28 September at the St. Regis Dubai, The Palm....