Sofitel Adelaide Hotel Acquired For AUD154 Million, Abu Dhabi Fund For Development and MINT Snaps Up Maldives Hotel For USD60 Million, Hong Kong‘s AB Capital Adds To Japan Portfolio With Tokyo Hotel Buy, Capital Alliance Has Received Approval For AUD340 Million Dual Hotel Project In Melbourne’s Docklands Precinct.
Asia Pacific hotel investment volumes declined by 51% year-on-year in the first half of 2023 as macroeconomic challenges and the rising cost of debt influenced capital deployment. Coming off a high base in 2022 and despite supportive market fundamentals, hotel investments moderated to $3.13 billion in the first half versus $6.41 billion during the same period last year, according to data and analysis by JLL (NYSE: JLL).
Abu Dhabi Fund for Development and MINT snap up Maldives hotel ipe.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ipe.com Daily Mail and Mail on Sunday newspapers.
Onyx Hospitality Group, which operates four diverse yet complementary brands – Saffron, Amari, Shama and OZO - said that a number of its properties have been honoured with the prestigious Tripadvisor Travelers Choice Awards 2023.
Looking for the best luxury hotels in the Maldives? We've got the inside scoop on some of the most luxurious resorts in this idyllic corner of the world.