Proprium sells 35% stake in Motel One to One Hotels, Morgan Stanley and Quinspark acquire Pullman Paris Tour Eiffel from Amundi, Gruppo Statuto acquires Hotel de Rome in Berlin from GIC and Caleus, Nrep acquires Comfort Hotel Karl Johan in Oslo from CBRE IM, PGIM and Sonae Sierra JV acquires hotel in Porto, City Hotels Company Holding acquires three hotels in Italy, Lopesan acquires AC Hotel Iberia Las Palmas in Spain’s Canary Islands, Extendam acquires Hilton Garden Inn Sevilla from Aliseda Inmobiliaria, MV Investment acquires Hotel Jugoslavija in Belgrade from Danube Riverside, MHL Hotel Collection acquires former Park Inn by Radisson Belfast from May Street.
A NEW partnership between Holiday Inn and Suites and the Papua New Guinea Indigenous Women Entrepreneurs Connect (PNGIWEC) has been formed to help strengthen the local women entrepreneurs of Papua New Guinea.
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Entrepreneurism in hospitality and tourism has a history and is diverse and multi-faceted. Tourism as an industry is the umbrella of the sectors related to service and hospitality. It can include public sector organizations like convention and visitor bureaus, state and national parks and forests offering recreational destinations etc.