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NEWS & UPDATES


Dubai's Five Holdings debuts the city's first hospitality-focused REIT worth $571 million
Dubai-based real estate development and hospitality group Five Holdings—formerly Skai Holdings—has established a $571-million real estate...


Why independent hotel development requires special attention, research
LAS VEGAS—Ten to 15 years ago, a brand was almost a requirement to secure financing for a hotel development or renovation. But how...


Modular Construction: An Evolution in the Development of Modern Hotels
The term “modular construction” once conjured images of small construction trailers or antiquated mobile home clusters just off the...


Abu Dhabi hotels slash costs to boost Feb profits
A 7.7% increase in total revenue was converted to a 29.4% increase in profit per room at hotels in Abu Dhabi in February as hoteliers...


Everything AccorHotels Has Acquired and Invested in Over the Past Year
If it feels to you as though AccorHotels has made a new deal every few weeks or days for the past year, you wouldn’t be far off the mark....


How Marriott plans to save Starwood owners real money
The merger between Marriott and Starwood might have been completed in late September 2016, but that was just the beginning. Since that...


Performance outlook softens but remains positive: JLL
JLL's annual Hotel Investor Sentiment Survey indicates that more hotel markets are plateauing as the industry enters its eighth...


Dubai South VIP Terminal officially opens
Dubai South’s VIP Terminal for business jets has officially been inaugurated. Claimed to be the largest purpose-built facility of its...


Fairmont Fujairah confirms January 2017 opening
Fairmont Hotels & Resorts, a luxury brand within the AccorHotels portfolio, is set to open the Fairmont Fujairah Beach Resort in January...


AccorHotels keeps spreading its wings with Banyan Tree deal
Banyan Tree Holdings on Thursday announced that AccorHotels has taken a 5% stake in the company with an initial investment of S$24...
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