Banyan Tree Group proudly celebrates its 70th property milestone with the recent openings of Angsana Ho Tram and Dhawa Ho Tram in Vietnam, as well as Folio Sakura Shinsaibashi Osaka and Homm Stay Yumiha Okinawa in Japan – all unveiled in mid-2023. With these new additions, Banyan Tree Group reaffirms its commitment to delivering exceptional…
JW Marriott Opens First Luxury Safari Property In Kenya
Companies in the hospitality industry have been developing exciting and luxurious experiences in Africa. This wide and diverse continent is home to impressive wildlife reserves and many hotels and resorts—some considered the best in the world— that have been providing unique experiences for travelers at top destinations. Now, Marriott Hotels & Resorts debuted in the…
STR reveals US hotel investors spent $28bn on property in 2014
Hotel investors spent $27.8 billion on property acquisitions and developments in the United States during 2014, according to the Hotel Transaction Almanac and the Hotel Development Almanac compiled by STR Analytics. During the year, $18.5 billion in hotels changed hands while another $9.3 billion in new hotel projects opened their doors. âHotel real estate remains…
