Hotelivate Private Limited | February 16, 2018
Hotel Transactions Earlier this year, two portfolio deals shaped the hotel transactions market of India with a consolidated transaction value of approximately US$85 million. This is no mean feat for a country where buying or selling of hotel assets has historically been as rare as sighting a snow leopard! Sarovar Hotel Group's acquisition by Louvre Hotels Group was primarily a non-asset deal aimed at gaining the scale and distribution of a management vehicle, with management income from over 70 hotels. In addition, Whitbread PLC from the UK exited India and sold their hotel real estate of five assets. However, other than these, the tran...
Cloud5 Welcomes Telecoms Veteran Jerry Gore as Company CTO
Historic Jobs Report Underscores Travel’s Essential Role in U.S. Economic Recovery
November 2022 Total International Travel Volume to and from the United States
Geoff Ballotti, Wyndham President and CEO, Headlines the Bharat Shah Leadership Speaker Series at the 34th Hunter Hotel Investment Conference
As the first news aggregate for the hotel industry, Hotel-Online is the industry’s must-read daily news source for everything hotel curated for busy professionals. Sign up today for industry news delivered to your inbox.