/Tag: investment


Memories Group Takes Stake in Strand Hotel

Memories Group | May 3, 2019

Three iconic Yangon hotels and cruise ship join an expanding portfolio in Myanmar. YANGON, Myanmar (May 3, 2019) — Myanmar tourism trailblazers Memories Group announced this week that it had bought a minority share in Strand Hotel International Ltd. The US$3.19 million investment gives the Group stakes in a cruise ship and three hotels, most notably the world-famous Strand Hotel, an iconic landmark on the Yangon waterfront, which was built during the British colonial era in 1901. Strand Hotel International Ltd also includes: the 4-star Inya Lake Hotel, which was built in 1958-62 on a 27-acre lakeside property in northern Yangon; t...

NATHIC 2013 Moves to Chicago, Becoming Midwest’s Sole Investment Event

Questex Hospitality + Travel | September 4, 2013

NEW YORK (Sept. 4, 2013) ─ Questex Hospitality + Travel, the world's largest multinational media, event and e-commerce company serving the global hospitality and travel industry, today announced that its North America Hotel Investment Conference (NATHIC) will be held Nov. 20-22 at the newly renovated Hyatt Chicago Magnificent Mile, becoming the only event of its kind in the Midwest. Now in its fifth year, the two-day event, previously held in Washington, has been re-energized with a new venue and enhanced agenda including a hospitality real estate showcase with top brokers and a "hotel shark tank" competition based on the popular real...

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