Europe’s largest hotel operator Accor has entered exclusive negotiations to sell a 10.8% stake in Ennismore, a global collection of leading lifestyle hospitality brands, to a Qatari consortium.
Asia Pacific hospitality update – Week ending 25 March 2022
Ascott Acquires Two Properties in Ningbo China and Amsterdam for around USD190 million.
Global lodging industry demonstrates resiliency
According to JLL Hotels & Hospitality’s annual Hotel Investment Outlook, the industry’s recovery has presented new trends for hotel owners, operators, investors, and consumers in 2022.
Deal-making in tourism declined by 6.8% during July 2021
A total of 69 deals, private equity, and venture financing) were announced in the global travel and tourism sector during July 2021.
