According to STR, hotels in the Middle East reported negative April 2018 performance results, while hotels in Africa posted growth across the three key performance metrics.
According to Cushman & Wakefield's European Real Estate Loan Sales Market Report, there was €12.2 billion of closed European commercial real estate loan and real estate owned transactions in Q1 2015.
New York and London have been named as leading international cities of the world.
Istanbul's office market hit a record high for office market transactions in 2013, dominated by large owner-occupier deals.
Starwood Hotels & Resorts Worldwide plans to increase its European hotel portfolio by almost 40 percent in the next five years.
The European hotel industry recorded positive yearly results in November for all metrics recorded by STR Global, with demand surpassing North America's hotel market. "North America has steadily outperformed Europe in terms of demand growth on a 12-month rolling basis,"
Irish property investor Tom Ryan plans to build the tallest residential tower in the U.K. on a site in London's Canary Wharf business district. Mr. Ryan purchased the site for £100 million yesterday, the first deal in London for the developer.
St. Regis Hotels & Resorts has signed an agreement to open the brand's first location in Turkey.
Hard Rock International, the iconic music-inspired brand, will open its first hotel in Europe in May 2014 on the island of Ibiza. Working with the European developer Palladium Hotel Group, two former Fiesta Hotels will be remodeled and united into The Hard Rock Hotel Ibiza.
I have an admission to make. I should have titled this story "My Top Train Rides in the World." It's my column...and these are my (totally subjective) choices! So get your ticket punched, and settle in for a quick train ride around the world...
Wyndham Hotel Group recently announced plans to enter the U.A.E. with its first property in Dubai.
The number of shopping center in development around the world is up 15 percent from a year ago, with more than half of the projects in China, according to new data released by CB Richard Ellis.
European hotels posted mixed results in February as cold winter weather impacted travel, according to the latest STR Global data report. "Major airports saw delays and closures due to the winter storm earlier in the month, which affected hotel performance across the region,"
Turkey real estate sales dropped by 2.35% in the third quarter compared to the previous period, but the news wasn't all that bad. When compared with results of the same period last year, general sales have experienced a growth of 1.76%. Averaging the last four quarters, a 6.76% increase was seen in sales in general.