Back to own brand business
Swissôtel now belongs to a new Kingdom Colony holding
Verwandte Artikel
Pitch for the management
Sold: The famous Raffles Singapore
Singapore. The US investment fund Colony Capital, LLC, announced this week that it has entered into an agreement to purchase all of the hotel interests of Raffles Holdings Limited, comprised of 15 Raffles Hotels & Resorts and 26 Swissotel Hotels & Resorts in 35 destinations, for approximately one billion Dollars. With the Raffles purchase, Colony Capital is presented with the opportunity of solving a long standing problem - namely, the search for a management company for its own real estate interests.
"hotelforum" Munich cancelled - Expo Real draws up hotel agenda
Munich. This year's "hotelforum", Munich's meeting of hotel real estate and investment experts, has been cancelled. The event would have taken place between 11 and 13 October in Munich. Simultaneously the real estate fair Expo Real announced the issues for its "hotel day".
Rezidor SAS with bullish plans in UK & Ireland
London. Rezidor SAS Hospitality is forging ahead with bullish plans to expand across the UK and Ireland in 2006 and 2007. Its current portfolio of 32 hotels - under the Radisson SAS, Park Inn and Country Inn brands - will soon swell to 40.