Marriott to Usher $2 Billion Investment in Saudi in Four Years

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27/2/2018

Marriott International is hopeful of luring in as much as $2 billion investment in Saudi Arabia in the next four years by nearly doubling the number of hotel rooms it operates there, as per an executive’s account on Monday.

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The Luxury Collection Hotels Debuts in Panama

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26/2/2018

The Santa Maria, a Luxury Collection Hotel & Golf Resort operated by Bristol Hospitality Group, has opened in Panama City, following the recent inauguration of the brand’s first ski destination in North America. The five-star hotel represents The Luxury Collection’s sixth property in South America.

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Park Hyatt Kuala Lumpur Hotel Announced for 2020

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28/2/2018

Hyatt Hotels Corporation (NYSE:H) announced today that a Hyatt affiliate has entered into a management agreement with PNB Merdeka Ventures Sdn. Berthed, an owned subsidiary of Permodalan Nasional Berhad (PNB) and Malaysia's largest fund-management company, for the first Park Hyatt hotel in Kuala Lumpur, Malaysia. The high-end hotel, designed to meet the needs of the discerning global traveler, will join the city's prestigious development − Merdeka PNB 118 tower. Anticipated to be completed in 2020, the tower is expected to be the tallest skyscraper in Southeast Asia and the third tallest in the world.

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Starwood Capital Group Acquires Hilton UK Portfolio

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27/2/2018

Starwood Capital Group announced today that a controlled affiliate of Starwood Global Opportunity Fund XI has acquired a portfolio of seven Hilton hotels throughout the United Kingdom, totalling over 1,300 rooms from Park Hotels & Resorts for £135 million.

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Dorchester Collection to Manage Most Exclusive Address on The Palm

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February 2018

Omniyat has announced that Dorchester Collection will manage its luxury One Palm development on The Palm Jumeirah, making it the first residential development in the Middle East to be managed by the iconic hospitality brand.

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