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Minor acquires additional 25pc stake in NH Hotel GroupMinor International has reached an agreement with HNA Group to purchase an equity stake of 25.2 per cent in NH Hotel Group in a two-tranche transaction valued at €619 million ($727.7 million). The purchase follows Minor&rsquo More… |
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Top African hotel group enters Abu DhabiTsogo Sun, a leading hotel group in Africa with a portfolio of more than 90 hotels, has entered the UAE’s capital with its new property, Southern Sun Abu Dhabi. The new deluxe hotel opened its doors to both business and leisure tr More… |
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Marriott now largest hotel company in AfricaUS-based Marriott International has acquired South Africa-based 116-hotel Protea Hospitality Group (PHG), making it the largest hotel company in Africa. With the acquisition, Marriott nearly doubled its presence in its Middle East More… |
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German hotel group plans Mena expansionTop German group Bavaria Hotels International (BHI) is set to open its second hotel in Djibouti as part of its Middle East and North Africa expansion plans. The launch comes following the success of the Bavaria Hotel opened in 2011 in Dji More… |
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Rezidor’s ME hotels win ‘green’ certificationRezidor Hotel Group, a leading hospitality company, has become the first international hotel group in the Middle East to achieve full environmental certification across all its hotels and brands. Rezidor’s entire Middle East portfolio of 1 More… |
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Rezidor’s ME hotels win ‘green’ certificationRezidor Hotel Group, a leading hospitality company, has become the first international hotel group in the Middle East to achieve full environmental certification across all its hotels and brands. Rezidor’s entire Middle East portfolio of 1 More… |
