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Reading Time: 7 minutesIHM’s Connor Foote examines how the US–Israel conflict with Iran is disrupting the Middle East, impacting the hospitality industry, and redirecting global capital flows.
Reading Time: < 1 minute Real estate firm Noble Investment Group has acquired a 35-asset portfolio of extended-stay hotels, expanding its branded long-term accommodations platform with extended-stay hotel brand Sonesta Simply Suites.
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Reading Time: < 1 minuteUS: Full-service real estate investment advisory firm Park-Equities has completed the sale of a three-hotel portfolio in Baton Rouge, Louisiana, in an all-cash transaction. The portfolio
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Reading Time: 2 minutesAustralia: The franchise and leasehold interest in serviced apartment hotel Quest Breakfast Creek has been sold in a major transaction brokered by specialist property brokerage
Reading Time: 2 minutesGermany: API-first open property management platform Apaleo has announced that it has raised €20 million in a growth equity investment [Series B funding] round.
Reading Time: 2 minutesItaly: Tech-enabled travel management company BizAway has secured €35 million from investor Mayfair Equity Partners.
Reading Time: 3 minutesIsrael / US: Property management software platform Guesty has raised $130 million in a Series F funding round.
Reading Time: 2 minutesThe Netherlands: Amsterdam-based hospitality cloud Mews has become a unicorn, valued at $1.2 billion following its latest funding round of $110 million from existing and new investors.
Reading Time: 2 minutesUK: Business travel management platform TravelPerk has closed an additional $104 million funding led by SoftBank Vision Fund 2.
Reading Time: < 1 minuteWorldwide: Travel retail technology company Travelport has secured $570 million in equity financing from existing holders and lenders.
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