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- 1. AirAsia Receives Formal Approval from India’s Foreign Investment Promotion Board
The application made by AirAsia Berhad through its investment arm, AirAsia Investment Ltd. (AAIL) to the Foreign Investment Promotion Board of India seeking approval for a 49% investment into an Indian joint venture company named AirAsia (India) Pvt Ltd., partnering Tata Sons Limited and Mr. Arun Bathia of Telestra Tradeplace Pvt. Ltd. was last week granted a formal approval.
- 2. IHG Opens World’s First voco Hotel
InterContinental Hotels Group has opened its first voco-branded hotel in the world. Located in Australia’s beloved Surfers Paradise, the voco Gold Coast is owned by Australian property investment firm SB&G Group.
- 3. Minor International Makes Major Investment in Sri Lanka
Minor International Makes Major Investment in Sri Lanka. Minor International has secured a key investment in Sri Lanka, acquiring an 80.1% share in the Sri Lankan company Cyprea Lanka Pvt. Ltd. whose assets comprise the Kani Lanka Resort & Spa, Kalutara, and an adjacent plot of land primed for the development of the Anantara brand. The total acquisition and development investment i
- 4. Asia Pacific Hotel Investment Conference to Take Place in Bangkok 20-21 May 2014
Questex Hospitality + Travel has confirmed it will host the Asia Pacific Hotel Investment Conference in Bangkok for the second year. The sixth Asia Pacific Hotel Investment Conference, part of the International Hotel Investment Forum (IHIF) Summit series of events organised by Questex Hospitality + Travel, will be held 20-21 May 2014 at the Dusit Thani Bangkok.
- 5. More than 800 Travel Industry Leaders expected at Arabian Hotel Investment Conference 2007
More than 800 Travel Industry Leaders expected at Arabian Hotel Investment Conference 2007. More than 800 leaders representing the ‘who’s who’ of the global hotel investment industry are set to meet for the third year running at the industry’s top hotel development networking event, the Arabian Hotel Investment Conference (AHIC), in Dubai from April 28-30, 2007..
- 6. Arabian Hotel Investment Conference to discuss Soaring Hotel Investment Sector
Arabian Hotel Investment Conference to discuss Soaring Hotel Investment Sector. Recent reports suggested more than $3.63 trillion is being invested in hotels, leisure projects, aviation developments, cruise lines, tourism promotion and supporting infrastructure across the Middle East. AHIC 2008 will review this funnel against the demand generators, among other hot issues, including
- 7. Hotel Investment Volumes Expected to Reach US$8.5 Billion in Asia Pacific in 2016
A report released by JLL Hotels & Hospitality Group reveals that Asia Pacific is expected to attract US$8.5 billion in hotel investment in 2016. In 2015 more than 33,000 hotel rooms changed hands in Asia Pacific, adding up to a total of US $9.2 billion in transactions. Leading the pack in terms of investment activity was Japan, followed by Australia and Hong Kong. The blockbuster t
- 8. Jones Lang LaSalle Hotels expects Asia Pacific 2007 Hotel Investment Transactions to Top US$7 bi
Jones Lang LaSalle Hotels expects Asia Pacific 2007 Hotel Investment Transactions to Top US$7 billion. Underpinned by the positive macro-economic environment, buoyant tourism markets and strong hotel trading performance, Asia Pacific enjoyed record growth in hotel investments in 2006. Jones Lang LaSalle Hotels estimates in its 2007 edition of Hotel Investment Outlook that total tra
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