Stoneweg Hospitality (‘Stoneweg’), the hotel investment arm of global real estate company Stoneweg, has acquired two hotels in Spain from Globalia Business Corporation, the Spanish tourism group, for €83 million. The investments have been made through a variety of Stoneweg’s discretionary funds and increase the Company’s hospitality exposure by 25%, from 1,281 to 1,691 keys, as well as its weighting to the Balearic and Canary Islands to 62%, a region where record visitor numbers are forecasted in 2023.
The Resort & Residential Hospitality Forum (R&R) hospitalitynet.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hospitalitynet.org Daily Mail and Mail on Sunday newspapers.
Europe s only resort-focused investment conference returns to Portugal premierconstructionnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from premierconstructionnews.com Daily Mail and Mail on Sunday newspapers.
In what surely feels like an episode of Miami Vice, a Dallas-Fort Worth nightclub magnate was sentenced to 16 years in federal prison for operating an e