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Singapore Group Acquires European Luxury Chain

Category: Hotels, Posted:14 Jul 2015 | 06:00 am

An affiliate of Singapore's Frasers Hospitality Group has acquired the European luxury chain Malmaison Hotel du Vin.
The transaction according to press reports tallied in just over USD575 million.
With 29 operating properties, the vendor was KSL Capital Partners.
Asia's elite hotel investors are increasingly viewing European assets as a rising market with potential.

Other News

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HOTELS’ GREAT DIVIDE Owning The Customer Or The Product?

Category: Hotels, Posted:29 Nov 2020 | 12:23 pm There is a great debate within the Covid-19 hotel space on where things are headed once the vaccine kicks in. Some say consolidation, others point to fragmentation, while the doomsday cults say the hotel industry will never be the same. To that point, minute by minute, nothing is really the same anyway so cut that […]
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Thailand’s Tourism Reopening Now Vaccine-Dependent

Category: Tourism, Posted:28 Nov 2020 | 11:45 am In a speech this week Thailand’s Prime Minster spoke clearly that only until a vaccine is approved, produced, and implemented would the country open to substantial tourism. Furthermore, that this was likely by mid-2021, though subject to advancement in a timeline if the process could be accelerated, which is unlikely. For tourism and hotel stakeholders, […]
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New Khao Lak And Phang Nga Report from C9 Hotelworks

Category: Tourism, Posted:24 Nov 2020 | 06:00 am While the country’s doors remain firmly shut to international tourists, Thailand’s domestic travel wanderlust has turned Khao Lak into an Instagram hero. In the first two months of this year according to research by consulting group C9 Hotelworks’ new Khao Lak Hotel Market Update occupancies soared above 80 percent. With the COVID-19 lockdowns occupancy plunged […]