The Board of DCI, a leading investor in high-end residential resorts in the eastern Mediterranean, is pleased to announce that it has entered into a conditional agreement for the disposal of its 100% interest in Amanzoe and the sale of 20 Kilada Hills Golf plots to Grivalia Hospitality S.A.. Grivalia is managed by Grivalia Properties, […]
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Turkey and Egypt will not be reopened for Russian tourists this year, according to deputy head of Russia’s Federal Agency for Tourism Roman Skory. “Turkey will not be reopened this year for sure, and the latest events in Egypt showed that Egypt will most likely not be reopened either,” Skory said Thursday. According to the […]
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Marriott International has reaffirmed its plan to acquire Starwood Hotels & Resorts Worldwide despite a last minute improved offer by a group of investors. A group, led by China-based Anbang Insurance Group, made an unsolicited buyout offer of $76 per share, valued at nearly $13 billion for the Starwood business. Marriott’s commitment to complete the […]
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