LONDON, UK: Georgia Capital’s hospitality business, Amber Group has opened “Gudauri Lodge Hotel” – the first in-house branded hotel in the hospitality business portfolio. The upscale resort Hotel is conveniently located on the slope with ski-in and ski-out facilities in Gudauri – a leading ski resort in the Caucasus region. Embracing Amber Group’s focus on…
Tag: hotel
PPHE acquires site in London to develop a hotel
LONDON: PPHE Hotel Group has acquired the freehold interest in a site located in London SE1 with a view to developing the site into a hotel, subject to planning permission being obtained. The site was acquired from a third party seller at a total investment of £12 million (excluding taxes and associated costs) funded from…
LXi REIT announces acquisitions worth £23 million
LONDON: The Board of Directors of LXi REIT, the specialist inflation-protected long income REIT, announced long-let, index-linked acquisitions for a combined total investment of approximately £23 million. These Acquisitions are being funded by the Company’s new Revolving Credit Facility (RCF), announced on 22 July 2019. The Company is also in solicitors’ hands on additional acquisitions…
Inzone Garland Qishi Culture Hotel officially commences operations
SINGAPORE: Imperium Crown Limited announced that the hotel at the Wonder Stone Park has successfully held its opening ceremony on 17 September 2019 to officially commence operations. Operating under the “Inzone” brand, the hotel is managed by the Inzone Hotels & Resorts Group. Inzone Hotels & Resorts Group currently manages over 300 hotels and is…