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Algbra Announces New World Group's Adam Sadiq to its Board of Directors | Region

LONDON (BUSINESS WIRE) Dec 14, 2023 ....

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Algbra Announces New World Group's Adam Sadiq To Its Board Of Directors

Algbra Announces New World Group's Adam Sadiq To Its Board Of Directors
menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.

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Private wealth continues to drive capital market deals

From left: Chris Pilgrim, Colliers managing director of global capital markets, Asia Pacific; Luke Dawson, Colliers head of global and EMEA capital markets; and Tang Wei Leng, Colliers head of capital markets and investment services, Singapore (Photo: Albert Chua/EdgeProp Singapore)In the Asia Pacific (Apac) region, real estate sector returns continue to be hampered by interest rate pressures on the cost of capital, says Colliers in its Nov 6 report on Apac 3Q2023 capitalisation (cap) rates. Ove ....

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Solid activity growth Raised full-year guidance

Business trends in Q2 2023 were solid in the Group s two divisions. Hotel demand from both leisure and business guests remained buoyant. This was shown by the improvement in occupancy rates and a sustained increase in average room rates.These results enable the Group to raise its full-year EBITDA guidance presented at the Capital Markets Day on June 27th, 2023.During first-half 2023, Accor opened 114 hotels, representing 14,500 rooms, i.e. net unit growth of 3.5% in the last 12 months. At end-June 2023, the Group had a hotel portfolio of 805,436 rooms (5,487 hotels) and a pipeline of 217,000 rooms (1,262 hotels). ....

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Accor's Profit Soared on Rebound Across Regions and Hotel Types

Accor's Profit Soared on Rebound Across Regions and Hotel Types
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France General , United States , Asia Pacific , Richard Clarke , Hotel Conversions , Valesco Group , Middle East , North Africa , South America , Accor Live , Carbon Emissions ,