Investment analysts say the Iran conflict's effects will be offset by continued optimism around U.S. tax refunds and a potential positive impact from the World Cup. Plus, hotel deal and development news.
IOI Properties Group plans to launch a real estate investment trust seeded with assets valued at about US$1.9 billion. Plus, hotel deal and development news.
Orlando World Center Marriott completed a renovation of its Grand Ballroom spanning more than 36,000 square feet of event space. Plus, more hotel deal and development news.
Hyatt marks 10 years of Unbound Collection with four new properties, while DoveHill acquires the Mayflower Inn & Spa in Connecticut. Plus, more hotel deal news.
International hotel chains including Hilton, Marriott and IHCL are ramping up expansion across India and Southeast Asia with major deals. Plus, other hotel development news.
Accor agreed to sell its stake in Essendi, formerly AccorInvest, to a Blackstone-led consortium for up to 975 million euros. Plus, more hotel deal and development news.
Centara Hotels and PTT Oil plan six budget hotels at Thai service stations, while IHG debuts Garner brand in Greater China. Plus, more hotel deal and development news.