TUI UK drives forward expansion to its city break collection

TUI has significantly increased its city break portfolio from 121 hotels in five cities to 3,400 hotels in 48 cities over the past 18 months, with the ambition to offer 4000+ hotels across 60 cities, by the end of 2022. With ABTA’s recent holiday habits report showing a high demand for city break holidays (32%) […]

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Marriott International

Marriott International expects to “debut” more than 30 luxury hotels across the globe in 2022

Marriott International continues to redefine the high-end hospitality landscape and grow luxury footprint from New York City to Cairo to Sydney. From International Luxury Travel Market (ILTM) Cannes, Marriott International Inc. announced it expects to debut more than 30 luxury hotels in 2022, creating the rare and enriching experiences today’s luxury traveler craves with its […]

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United Kingdom, Germany and the Iberian Peninsula most popular European regions for investors

More than a third of investors want more European hotels in the property portfolio. This is according to the latest research by international advisor Cushman & Wakefield. Despite the disruption in the travel and tourism industry caused by the COVID pandemic, only 21% of investors plan to scale down hotel investments and only 10% have […]

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HRADF presents digital tool for evaluating portfolio sustainability performance

The Hellenic Republic Asset Development Fund (HRADF) in cooperation with the European Bank for Reconstruction and Development (EBRD) and Global Sustain created a digital ESG Rating Tool to evaluate the sustainable performance of its portfolio’s assets by using key performance indicators (KPIs). The adoption of ESG criteria (Environmental, Social and Governance) during the HRADF’s Asset […]

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