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Ascott appoints regional director of business development

Serviced Apartments

UAE: International lodging owner and operator , The Ascott Limited (Ascott), has appointed Pekka Hirvi as the director of business development for the Middle East, Africa and Turkey. The first is expanding Ascott’s presence in the aforesaid regions by focusing on major source markets such as the UAE and KSA.

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Earth Day action: Sustainability in hospitality and real estate

Boutique Hotel News

Craig Bryant, strategy and business development director, Fresh : “Within the business, we have some key corporate objectives under our Future Foundations platform, which is divided into three areas: planet, places and people. GuestReady increasingly sees guests selecting properties based on their sustainability credentials.

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Empowered leaders: Female forces in hospitality and real estate

Boutique Hotel News

Judi Blakeburn , brand director, Another Place , Watergate Bay and Beach Retreats [FC] With a career spent in hospitality marketing, Blakeburn is an expert on both the sector and the role of marketing in medium-sized businesses, and is a passionate advocate of the importance of brand and marketing at board level.

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HB Exclusive: Griffin Hotel Management merges into Meyer Jabara Hotels

Hotel Business

Griffin is transitioning 14 assets to the MJH umbrella, and when combined with other deals currently in the 2024 pipeline, the hotel ownership and management company will reach 50 hotels by Q1 2025. Prior to that he was SVP, VMS Realty Partners.

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What does the interest-rate cut mean for hoteliers?

Hotel Business

“For many in the hospitality industry, this move comes at a critical time, as hotel owners continue to navigate the challenges posed by rising costs and a fluctuating market. He continued, “That said, it signals the beginning of a market thaw, which is a good thing for the hotel industry. Equity (mezz) will still be 14-16%.

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Radisson RED expands across the UK

Hotel Owner

Recently, Radisson Hotel Group announced the signing of Radisson RED Huddersfield, set to open in 2025. Adela Cristea, Vice President, Business Development UK & Ireland at Radisson Hotel Group, said: “We very much look forward to bringing our fun and vibrant Radisson RED brand to this location.

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Marriott enters into long-term licensing agreement with Sonder

Hotel Business

Under this agreement, Sonder’s open and pipeline portfolio, which primarily consists of apartment-style accommodations in urban markets, is expected to be added to the Marriott system under a new collection called “Sonder by Marriott Bonvoy.” Marriott International Inc.