‘AHIC on the Road’ to take place virtually and onsite
Attendees will be able to create their personalized schedules, choosing the sessions and activities they would like to attend either virtually or on- site.
The region to kick-start sustainable investment in the hospitality sector
ATM Virtual concluded on Wednesday 3rd June 2020, a total of 18,959 registrations from 152 countries were recorded, including 490 media
Qatari investor acquires The Ritz London
The hotel will remain closed due to the Covid-19 pandemic, and will reopen its doors as soon as it is safe.
Chinese Huazhu Group buys German Steigenberger hotels from Egyptian entrepreneur
Egyptian tourism entrepreneur Hamed El Chiaty’s Travco Travel has bought the group from the Steigenberger family in 2009.
New IFC fund to boost tourism in Egypt
This goes in line with Egypt’s ministry of tourism aims to establish a private equity fund targeting financially impaired hotels and tourism establishments.
PWC: Cyprus is as an attractive destination for businesses and investors
A growing number of Lebanese entities have been using Cyprus as a home base for their outbound investments into Cyprus, the European Union or elsewhere in the world.
Hyatt acquires Two Roads Hospitality for USD 480 million
Two Roads Hospitality is an international lifestyle company encompassing a collection of 85 properties in eight countries.
CityCenter sells Mandarin Oriental Las Vegas for USD 214 million
CityCenter is jointly owned by a wholly owned subsidiary of MGM Resorts International and Infinity World Development Corp (a wholly owned subsidiary of Dubai World).
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