Reading Time: 2 minutesUK: Global private investment firm Starwood Capital Group has acquired a portfolio of 10 properties from Edwardian Hotels for an undisclosed sum.
Reading Time: < 1 minuteWorldwide: Luxury hospitality company Banyan Tree Group has evolved its corporate brand to Banyan Group, ahead of the company’s 2024 pipeline of 19 global openings.
Reading Time: < 1 minuteUK: Independent hotel group Bespoke Hotels has revealed plans to expand and renovate its existing portfolio in 2024.
Reading Time: < 1 minuteUS/UK: Lifestyle membership club Access AKA has launched by AKA Hotels+Hotel Residences, offering members savings on rates, dining, and exclusive experiences.
Reading Time: 2 minutesScotland: The Scottish Tourism Alliance, UKHospitality Scotland, the Scottish Licensed Trade Association and the Scottish Beer and Pub Association have issued a unified statement in response to the Scottish Government Budget this week.
Reading Time: < 1 minuteSpain: The second Atlantic Ocean Hotel Investors’ Summit (AOHIS) will take place on 22-23 January 2024 at the NH Collection Eurobuilding hotel in Madrid.
Reading Time: < 1 minuteAustralia: Lifestyle hotel company Standard International will launch its new brand, The StandardX, in Melbourne February 2024.
Reading Time: 3 minutesUK: UK Chancellor Jeremy Hunt has announced that the 75 per cent discount on business rates [up to £110,000] for businesses in the hospitality, leisure and retail sectors has been extended by another 12 months as part of his Autumn Statement.
Reading Time: < 1 minuteEU: Coliving and remote work startup Outsite has raised €300 million in funding from three real estate investors to pursue opportunities in Europe.
Reading Time: 2 minutesWorldwide: In the latest Hospitality Investor Sentiment Index from Questex, investors are looking to focus on opportunities within the corporate and urban markets for 2024.
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