Worldwide real estate news web site
Many travelers to Europe have now moved away from certain centers of Europe. Travelers have guided their routes to different European cities. Poland is a new destination for travelers. On request by travelers to Poland, investors began to invest in Poland. According to experts, Poland will be the most profitable country for hotel investors next …
Continue reading “Poland is the new capital of hotel investors”
Hotel investors remain focused on gateway cities such as Hong Kong, Singapore, Sydney and Melbourne, as they offer positive tourism and trading fundamentals while the long-term demand and supply is in balance. Investors also continue to seek opportunistic investments in key emerging tourism markets such as Vietnam. Asia Pacific hotel investment volumes in the first …
Morgans Hotel Group Co. announced it has entered into a definitive agreement under which Morgans will be acquired by leading global lifestyle hospitality company SBE. Under terms of the agreement, SBE will acquire all of the outstanding shares of Morgans common stock for $2.25 per share in cash, which, together with the exchange of Morgans …
Continue reading “SBE Entertainment to acquire Morgans Hotel Group”
