Reading Time: 2 minutesPortugal: Hotel management, investment, technology and development company Highgate has launched HG Portugal, expanding the group’s operational presence in the region.
Reading Time: 2 minutesUK: Research from property advisor Knight Frank shows that UK hotel transactions for 2022 sit at around 30 per cent below the five-year average.Â
Reading Time: < 1 minuteUK: Meetings and event hospitality technology platform Cvent has extended its partnership with IHM, publisher of Boutique Hotel News, for 2023.Â
Reading Time: < 1 minuteUAE: Hotel management company Valor Hospitality Partners has entered into a joint venture with Investment Corporation of Dubai (ICD), the main investment arm of Dubai.Â
Reading Time: < 1 minuteWorldwide: Preferred Hotel Group, the parent company of Preferred Hotels & Resorts, Beyond Green, PTG Consulting and others, has rebranded to Preferred Travel Group.
Reading Time: < 1 minutePortugal: Davidson Kempner Capital Management LP, Highgate and Kronos (the consortium) have acquired the Portuguese investment manager ECS Capital in an undisclosed deal.
Reading Time: 2 minutesIndia: The proposed initial public offering [IPO] for Indian hospitality chain OYO is set to be delayed once again after the national capital markets regulator asked its parent company to refile its draft IPO papers with certain updates.
Reading Time: < 1 minuteItaly: Auberge Resorts Collection has entered a long-term deal with A.S. Roma football club to become the club’s main global partner.
Reading Time: < 1 minuteGreece: Metaxa Hospitality Group will launch the Santo Collection, comprising three sustainable luxury properties in Santorini, in spring 2023.
Reading Time: 2 minutesUK: Mactaggart Family & Partners (MF&P), the majority owner of The Resident hotel group, has refinanced with NatWest to pursue development projects and acquisitions.
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