KSA unleashes massive hospitality expansion – and a wealth of investment opportunities – as tourism spending nears US$40 billion
Performance

KSA unleashes massive hospitality expansion – and a wealth of investment opportunities – as tourism spending nears US$40 billion

The Kingdom of Saudi Arabia is expected to deliver 320,000 new hotel rooms – with a development cost of US$37.8 billion – by 2030 as part of its unprecedented investment in infrastructure, tourism transformation and real estate, according to industr...

The Bench
More in this category
Events & Conferences
More in this category
Lodging Industry
More in this category
Real Estate & Investment
More in this category
Markets & Performance
More like this
KSA unleashes massive hospitality expansion – and a wealth of investment opportunities – as tourism spending nears US$40 billion25 April 2024The BenchReal Estate & Investment
KSA unleashes massive hospitality expansion – and a wealth of investment opportunities – as tourism spending nears US$40 billion
Press Release

U.S. Hotel Development Kicks off Q1 2024 with Growth and Record-Highs

As seen in the Q1 2024 U.S. Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), at the end of the first quarter, there are 6,065 projects with 702,990 rooms in the pipeline. This new all-time high represents a 9% year-over-year ...

Lodging Econometrics
More in this category
Hotel Openings
More in this category
Real Estate & Investment
More in this category
Supply Construction
More like this
U.S. Hotel Development Kicks off Q1 2024 with Growth and Record-Highs25 April 2024Lodging EconometricsReal Estate & Investment
U.S. Hotel Development Kicks off Q1 2024 with Growth and Record-Highs
stayAPT Suites & Powerhouse Hotels Forge Partnership to Expand Presence with 30 New Locations
Press Release

stayAPT Suites & Powerhouse Hotels Forge Partnership to Expand Presence with 30 New Locations

stayAPT Suites, the innovative apartment-style hotel brand, is pleased to announce a significant expansion initiative in partnership with Powerhouse Hotels, a joint venture between JCap Realty Group and Cullinan Holdings. This collaboration involves...

stayAPT Suites
More from this brand
stayAPT Suites
More in this category
Real Estate & Investment
More in this category
Partnerships, Mergers & Acquisitions
More like this
stayAPT Suites & Powerhouse Hotels Forge Partnership to Expand Presence with 30 New Locations24 April 2024stayAPT SuitesReal Estate & Investment
stayAPT Suites & Powerhouse Hotels Forge Partnership to Expand Presence with 30 New Locations
Press Release

Valor Hospitality Partners Expands Southeastern Presence with Management Acquisition at DoubleTree Suites by Hilton Hotel Huntsville South

Valor Hospitality Partners continues to expand its North American portfolio through a recent management acquisition with DoubleTree Suites by Hilton Hotel Huntsville South in Huntsville, Alabama. With extensive hotel management experience in the sou...

Valor Hospitality
More from this brand
Hilton
More in this category
Management Companies
More in this category
Real Estate & Investment
More like this
Valor Hospitality Partners Expands Southeastern Presence with Management Acquisition at DoubleTree Suites by Hilton Hotel Huntsville South24 April 2024Valor HospitalityReal Estate & Investment
Valor Hospitality Partners Expands Southeastern Presence with Management Acquisition at DoubleTree Suites by Hilton Hotel Huntsville South
Press Release

Economic Watch: Fed Holds Rates Steady; Still Expects Three Cuts This Year

The prospect of higher inflation in coming months will likely cause volatility in financial markets. However, CBRE expects inflation will ease toward the Fed’s 2% target as the year progresses. While it’s too early for the Fed to declare victory on ...

CBRE Hotels
More in this category
Finance
More in this category
Real Estate & Investment
More like this
Economic Watch: Fed Holds Rates Steady; Still Expects Three Cuts This Year19 April 2024CBRE HotelsReal Estate & Investment
Economic Watch: Fed Holds Rates Steady; Still Expects Three Cuts This Year
Saudi Arabia Highlights Investment Initiatives in Tourism at International Hospitality Investment Forum​
Press Release

Saudi Arabia Highlights Investment Initiatives in Tourism at International Hospitality Investment Forum​

The Saudi Ministry of Tourism is currently taking a prominent stage at the International Hospitality Investment Forum (IHIF), presenting a unique opportunity for global investors to dive into the thriving tourism landscape of the Kingdom. With the s...

Saudi Ministry of Tourism
More in this category
Real Estate & Investment
More in this category
Destination Marketing
More like this
Saudi Arabia Highlights Investment Initiatives in Tourism at International Hospitality Investment Forum​18 April 2024Saudi Ministry of TourismReal Estate & Investment
Saudi Arabia Highlights Investment Initiatives in Tourism at International Hospitality Investment Forum​
Press Release

Asia Pacific Hospitality Newsletter - Week Ending 12 April 2024

Weave Living and KKR has Acquired Seoul’s State Sunyu Hotel, LHN is Bringing Two Additional Coliwoo Properties to Singapore, Hilton has Acquired Sydell Group for Luxury Lifestyle Hotel Expansion, Quality Resort Siesta Sold to a Private Indian Syndic...

HVS
More in this category
Finance
More in this category
Real Estate & Investment
More in this category
Partnerships, Mergers & Acquisitions
More like this
Asia Pacific Hospitality Newsletter - Week Ending 12 April 202417 April 2024HVSReal Estate & Investment
Asia Pacific Hospitality Newsletter - Week Ending 12 April 2024