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.
Reading Time: < 1 minuteUK: Lifestyle membership club Birch, which has two sites open in Cheshunt and Selsdon, has placed both properties into administration.
Reading Time: 2 minutesUK: Research by The QEII Centre in Westminster, London, has revealed that the UK economy loses £19.9 billion a year due to declining attention spans.
Reading Time: 2 minutesUAE: OTA Booking.com has released its annual Travel Predictions report for 2024, which includes insights from travellers based in the United Arab Emirates for the first time.
Reading Time: < 1 minuteEU/US: Hotel and hostel operator Generator has completed a €750 million refinancing of debt with new and existing investors across Europe and the United States.
Reading Time: 2 minutesUS: Portland-based investment firm Sortis Holdings has reportedly walked away from its acquisition of the Ace Hotels platform and its management arm.
Reading Time: 3 minutesUS: Kasa Living, a tech-powered, flexible accommodations brand and operator, has closed a $70 million Series C fundraise to fund and accelerate its expansion across the United States.
Reading Time: < 1 minuteEU: The Public Investment Fund of Saudi Arabia, chaired by Prince Mohammed bin Salman bin Abdulaziz Al Saud, has acquired a 49 per cent stake in Rocco Forte Hotels.
Reading Time: < 1 minuteUK: Boutique hotel group Firmdale has witnessed record revenues last year, almost doubling to £192.6 million.
Reading Time: 2 minutesWorldwide: Luxury soft brand Elegant Hotel Collection has launched with 25 hotel members and plans to expand to 50 properties by summer 2024.
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