Million-euro Tourism Investment Projects in Greece Get Green Light

Main Photo: Hotel Mauritius Mykonos, Greece Location: Greece Who: An inter-ministerial committee for strategic investments What Did They Say: The committee led by Greek Economy Minister Yannis Dragasakis approved this week three tourism projects and a shopping/recreation centre budgeted at €333.8 million.

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Hilton Portfolio of 9 UK Hotels Sold

Main Photo: The Hilton Puckrup Hall, Tewkesbury Date: February 2019 Location: UK Name: Hilton hotels in Croydon; Watford; Nottingham; Leeds city centre; Northampton; York; East Midlands Airport as well as the Hilton hotel and Woodcourt Lodge in Cobham, Surrey and Hilton Puckrup Hall in Twyning, Tewkesbury.

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Hotel Investment in Spain Reached €4,860m in 2018 According to Christie & Co’s Latest Report

Main Photo: Hotel Investment Overview Spain 2018 Location: Spain Who: Christie & Co, Spain What Did They Say: 2018 was a record year for hotel investment at €4,860m in a total 223 transactions (surpassing the 185 transactions registered in 2017), which represents an average price per room of €128 and an increase of 24.6% of the total volume of investment…

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Corinthia to Add Moscow Property to Portfolio

Main Photo: The Corinthia Moscow..the property has a listed façade and houses the 19th-century Filippov Bakery. Date: February 2019 Location: 10 Tverskaya, Moscow’s principal avenue leading onto the Kremlin and Red Square, Russia Name:  Corinthia Hotel & Residences – opening 2021

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Westin Perth Hotel Sold for over AUD$200m

Main Photo: The Westin Perth Date: February 2019 Location: East end of Perth CBD, with Elizabeth Quay, the Swan River precinct and Perth Arena nearby, Australia Name:  The Westin Perth – five star

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IHG Buys Six Senses for US$300m

Main Photo: The View (villa) at Six Senses Yao Noi, Thailand Date: February 2019 Location: Global… with properties in the Maldives, the Seychelles, Thailand, Oman, and Portugal’s Douro Valley among others. Names:  Six Senses

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Radisson Hospitality has Signed Six New Hotels in Egypt

Main Photo: Cairo to get four new Radisson hotels Date: February 2019 Location: Across Egypt – Cairo, Ain Sokhna and Makadi Bay, Hurghada. Names:  Radisson Collection Hotel Cairo Heliopolis, Radisson Blu Serviced Apartments Cairo Heliopolis, Radisson Blu Hotel Cairo Golf City, Radisson Hotel New Cairo, Radisson Hotel & Resort Ain Sokhna and Radisson Blu Hotel & Resort Makadi Bay, Hurghada

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Airbnb vs Paris vs the European Union

Main Photo: Airbnb, fighting legal battles in 13 European cities Location: Europe Who: Airbnb and other short-term rental platforms What Did They Say: Rather complex! but in a nutshell… last year the City of Paris lodged a complaint against the company “SCI panorama immobilier”, arguing that the company didn’t comply with “the Law of 6 July 1989 of the…

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IHG Opens Second UK voco in Solihull

Main Photo: A voco bedroom at what was the St Johns Hotel, Solihull…© callaghan photography Date: February 2019 Location: Solihull, West Midlands, close to Birmingham and the NEC, UK Name: The voco St. John’s Solihull

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