Global Hospitality Report (June 22, 2015)

Middle East Hotel Survey 2015 Edition – Peak Assessments 
By Cristina Zegrea and Hala Matar Choufany

A glimpse at the region inspires the question: are cities realizing peak performance in the travel and tourism industry, or do these cities still require a stretch in order to return to their former levels?

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Market Pulse – Slovenia 
By Nikolas Pavlidis

This market shapshot provides an overview of the recent tourism trends in Slovenia.

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Five Key Takeaways | 2015 BLLA Boutique & Lifestyle Investment Conference  
By Susan Furbay

A rapid rise in branded hotel supply over the past several years, among other factors, has created a positive investment environment for boutique and lifestyle hotels.

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InterContinental Hotels Group Opens its Tenth Holiday Inn in India 

InterContinental Hotels Group (IHG) has opened Holiday Inn Chandigarh Panchkula, its first hotel in Chandigarh and tenth Holiday Inn hotel in India. Located on Kalka Shimla Highway, the hotel offers 127 rooms, two restaurants, a lounge cum bar, eight meeting rooms and event spaces with a capacity to host up to 500 people, a fitness centre, a spa, and a swimming pool. The hotel has easy access to both tourist attractions such as Sukhna Lake, Rock Garden, Cactus Garden, and Sector 17 market area, as well as business districts and IT Parks of Mohali, Baddi and Zirakpur.

HVS APAC HOSPITALITY NEWSLETTER.
Frasers Closes Deal on MHDV Purchase  

Singapore-based Frasers Hospitality has completed its acquisition of the Malmaison Hotel du Vin (MHDV) portfolio in the UK for a consideration of £363.4 million (approximately £174,500 per room) from an affiliate of US-based private equity firm KSL Capital Partners. The MHDV chain comprises 29 boutique lifestyle hotels (2,082 rooms) across two brands (13 Malmaison properties and 16 Hotel du Vin assets). The deal sees Frasers double its presence in Europe to around 4,000 rooms. The group currently operates 129 properties (around 21,100 rooms) across 77 cities in Europe, Asia Pacific and the Middle East.

HVS EMEA HOSPITALITY NEWSLETTER.

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