Chinese Firm Seeks to Buy Israeli Hotel Chain, Report
“Globes” website reports that hotel chains from China are interested in buying hotels in Israel. The names of chains under possible consideration have not been disclosed. In 2015, More...
Jason Pomeranc Expanding Hotel Chain to Montreal
Hotelier Jason Pomeranc is resurrecting the Thompson hotel chain with the new Sixty Hotels. He told the New York Post that it will open its first international location in Montreal. The new 120 room luxury hotel More...
Motti Zisser’s son David in huge Amsterdam hotel deal
– Zisser junior will build a complex with hotels, offices, entertainment, and restaurants with the Radisson hotel chain. – Businessman Motti Zisser owes over $250 million to the banks More...
2 More US Real Estate Firms to Raise $105 Million on TASE
The wave of major bond issues on the TASE by American Jewish real estate developers is reaching a peak. Spencer Equity Group submitted a draft prospectus to the TASE last week, and investment managers at More...
Dubai Sovereign Wealth Fund Takes Effective Control Of Kerzner International Hotels : Sol Kerzner To Retire As Chairman
– – The Investment Corp. of Dubai (ICD), which is the Sovereign Wealth Fund of the Emirate of Dubai, today announced it has taken over leadership and control of luxury hotel chain Kerzner International More...
Extended Stay America Prices IPO Raises $565 Million
– Yesterday long-stay hotel chain Extended Stay America Inc was successful in completing its IPO, though not quite at the maximum expected price they were hoping for. The company priced its offering More...
Hilton Worldwide Holdings Files For Initial Public Offering : Justifies Blackstone Group Investment
– – On September 12th, Hilton Worldwide Holdings (Hilton) filed an S-1 Registration Statement with the Securities and Exchange Commission (SEC) for an initial public offering (IPO) of common shares. More...