The following is from Thomas Magnuson – co-founder and CEO of Magnuson Hotels, one of my best friends, and the smartest man I know.
An investment project by Green Flow Baikal, LLC at Lake Baikal moves forward for the construction of a 4-star resort.
This week Metaxas Group of Companies announced a new corporate identity, Metaxa Hospitality Group, marking 2020 as “a new era of growth with new investments”. An internationally recognized brand, Metaxa Hospitality Group is a multiple award-winning Group with over 45 international awards and certifications. Launched back in 1975 on Crete, the Metaxas Group of Companies is the […]
In earnings news from Accor Group, the French hotel company released their Q3 results last week reflecting a slight upturn for the first nince months of this year. Despite a European industry staggered by economic woes, Accor manages black ink.
Internos Real Investors is reportedly raising between €200 million and €250 million for their first hotel fund for selected European countries. According to the news, the company is targeting mid-market hotel projects in Germany, France, and in the Netherlands.