Stoneweg Hospitality (‘Stoneweg’), the hotel investment arm of global real estate company Stoneweg, has acquired two hotels in Spain from Globalia Business Corporation, the Spanish tourism group, for €83 million. The investments have been made through a variety of Stoneweg’s discretionary funds and increase the Company’s hospitality exposure by 25%, from 1,281 to 1,691 keys, as well as its weighting to the Balearic and Canary Islands to 62%, a region where record visitor numbers are forecasted in 2023.
The Resort & Residential Hospitality Forum (R&R) hospitalitynet.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hospitalitynet.org Daily Mail and Mail on Sunday newspapers.
Europe s only resort-focused investment conference returns to Portugal premierconstructionnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from premierconstructionnews.com Daily Mail and Mail on Sunday newspapers.
Industry-leading event The International Hospitality Investment Forum (IHIF) returned to Berlin on 3-5 May, bringing together 2,400 forward-thinking investors, owners and developers and 267 speakers for unmissable opportunities.
Briefs: Financing for Andalucia Plaza; Banyan Tree opens first Veya – HOTELSMag com hotelsmag.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hotelsmag.com Daily Mail and Mail on Sunday newspapers.