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More than 27,000 new accommodation rooms have been added to the market in the past eight years, including 7000 rooms across 46 hotels added in 2018, the commercial real estate firm found, taking the.

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But competing hotels in Chicago haven’t experienced the same decline as Trump Tower, the Post report said, and local experts confirmed that’s correct. As average daily rates and revenue per available.

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November was another month of robust profit growth for hotels in Europe Demand from the commercial segment accounted for more than 40 percent of accommodated roomnights in November and helped fuel a 5.

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These figures were 15.7 per cent lower than the value of sales in 2017 and less than half the $3.8 billion in total sales recorded in 2015 when the transaction market peaked and five-star CBD hotels.

European investment giant AXA has acquired a portfolio of four Accor hotels, including three in Sydney’s Olympic Park, for $330.4 million from the Abu Dhabi Investment Authority in the biggest hotel.

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European investment giant AXA has acquired a portfolio of four Accor hotels, including three in Sydney’s Olympic Park, for $330.4 million from the Abu Dhabi Investment Authority in the biggest hotel.

Its sale to Ascott will increase the Singaporean hospitality trust’s Australian portfolio to six properties and give it two hotels at Sydney Airport. The Felix includes interiors inspired by Mad Men.

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