HA Daily
February 5th 2012
Starwood figures reveal US recovery
Courtyard’s European makeover gathers scale
Three new Saudi hotels for Hyatt
Latest HA Perspective
Issue 3 : February 3rd 2012
UK Marriott portfolio nears sale
The 42 Marriotts in the UK seized by the Royal Bank of Scotland last June are nearing a sale according to recent press reports.
The new owner could well be Indian entrepreneur Subrata Roy, whose Sahara group last year wound up the successful bidder in a contest for the Grosvenor House in London, itself run by Marriott.
Where next as Chinese land in Brussels?
Chinese airline Hainan Airlines broke ground on a hotel investment in Belgian capital Brussels at the end of January.
While hardly earth shaking, it’s a sign that Chinese groups are serious about growing their hotel portfolios outside their home country.
Market predictions flag up contrasting fortunes
Development pipeline figures from STR Global and investment predictions from Jones Lang LaSalle Hotels both point to a positive 2012 for the hotel sector as whole.
But there is a sharp contrast between the expectation for developing markets against what is in store for the mature markets of Western Europe and North America.
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