Reading Time: 3 minutes UK: UK Chancellor Jeremy Hunt has announced that the 75 per cent discount on business rates [up to £110,000] for businesses in the hospitality, leisure and retail sectors has been extended by another 12 months as part of his Autumn Statement.
Reading Time: < 1 minute Portugal: Amsterdam based hotel group City ID will transform the palace Baronesa, located in Largo Conde-Barao in Lisbon, into an 88-room aparthotel.
Reading Time: 2 minutes UK: Dubai-based hotel group Rotana will open two properties in Greater London under its Centro economy segment brand.
Reading Time: < 1 minute Australia: Developer Jean Nassif lists a 1.6ha parcel near Sydney Airport with expectations of more than $100 million. Read more on SAN.
Reading Time: 5 minutes UK: Chancellor Kwasi Kwarteng has announced a series of tax cuts in a mini-budget aimed to boost economic growth.
Reading Time: 2 minutes Australia: A newly built 99-key serviced apartment building in West Melbourne is up for sale.
Reading Time: < 1 minute Hosted by George Sell, Editor-In-Chief, IHM [Sponsored by IMS] This session will explore the following topics; • Investor sentiment towards extended stay • Which product types are investors looking for? • M&A activity • Hot and emerging markets • The opco/propco split • The lending landscape • New entrants to
Reading Time: 12 minutes The editorial team at International Hospitality Media (George Sell, Paul Stevens and Eloise Hanson) have compiled an A-Z list of what to watch out for in the travel and hospitality industries this year.
Reading Time: 2 minutes UK: Cortland, with Madison International Realty as funding partner, has acquired a 50-storey tower BTR property currently under development in Salford, from Renaker. The tower is part of the Greengate Colliers Yard masterplan. Cortland at Colliers Yard will offer 559 one- and two-bedroom apartments with more than 25,000 square feet
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