The Annual Profitability Survey 2012 for selected worldwide hotel markets was recently released this week by London-based STR Global.
The survey, now in its 14th year, offers precise data on hotel revenues and costs, demonstrating the sector's dynamic evolution by city, country, and region.
"W…
Wahaha Group Co, China's largest beverage company, aims to invest 10 billion Yuan on a high-end shopping mall in Hangzhou, Zhejiang Province, within three years in order to lure European luxury companies. The company will make a 1 billion Yuan ($157 million) initial investment. One Chinese Yuan is e…
Hong Kong is the world's most costly shopping destination, according to global property advisor CBRE Group, as strong inbound tourist flows and sustained rises in domestic wealth feed occupier demand from international fashion and luxury stores. homes
In the first quarter of 2012 (Q1 2012), the …
The Ritz-Carlton Hotel Company reported today that it would begin its global expansion with the opening of the first hotel in Vienna, Austria's capital city.
An investor represented by Verny Capital owns the Ritz-Carlton Vienna. They also completed the purchase of The Ritz-Carlton, Moscow earlier…
Banyan Tree Holdings Limited, a Singapore-based luxury resort operator, wants to extend its footprint in Europe and the Americas and revive projects that were put on hold during the 2008 financial crisis. properties in qatar
In Spain, Greece, and Mexico, Banyan Tree will resuscitate initiatives.…
Dorchester Collections, a hotel management company, wants to extend its portfolio by opening new locations in New York and Asia.
"We'd like to be represented in Beijing, Shanghai, Hong Kong, and Singapore," Christopher Cowdray, the company's chief executive officer, told Bloomberg. "We'd like to …
Paris has emerged as the world's most liquid real estate market.
JLL, a global property consultancy, reported this week that global commercial real estate investment volumes rose by 10% to $245 billion in the fourth quarter of 2019. This took total activity for the year to $800 billion, up 4% fro…
In 2020, new condo project prices are expected to fall significantly.
Just 40 apartment flats from two new mass residential projects were launched in the primary market one month after the Chinese New Year (January 25, 2020), according to JLL's latest Hong Kong Residential Market Monitor Report, …
In 2019, the United Kingdom remains the most popular destination for foreign commercial investment.
According to the new Wealth Report 2020 from global property consultancy Knight Frank, private money accounted for $333 billion in commercial real estate investments in 2019, up 5% from the previou…
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