IMF Issues Bleak Warning: Global Growth to ‘Fade’

Date: June 2018 Location: Global Who: IMF – International Monetary Fund What They Said: The International Monetary Fund issued a stark warning on the future health of the global economy, saying major cracks were now “closer” than it had anticipated and that growth will soon “fade”. In a highly negative speech, Mitsuhiro Furusawa, deputy managing director…

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New Travelodge Plus Format Launched

Date: June 2018 Location: Six locations including Travelodge London City, opening on July 18 and the is group’s largest ever new-build property, London Waterloo, Edinburgh Central, York Micklegate, Gatwick Airport and Brighton Seafront. Name: Travelodge

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Marriott Announces First Real Estate Buy in Five Years

Date: June 2018 Location: Phoenix, Arizona, USA Name: Sheraton Grand Phoenix   No. of Keys: 1,000 Seller: The 33-story Sheraton Grand Phoenix opened in 2008 and is located in the heart of Phoenix’s downtown, where more than $4 billion has been invested over the past six years in office space, retail, restaurants, educational facilities and convention…

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