Vacation & Leisure Real Estate Real Estate News
Vacation & Leisure Real Estate
London Hotel Profits Stay Afloat Despite Economic Environment
According to a report from STR Global and Whitebridge Hospitality, London's hotel profitability has been challenged in recent years due to the combination of new supply and the macroeconomic environment. During the 11-year period, the gap between the regions and London in terms of gross operating profit performance per available room increased.
Bahrain Announces Iconic New Four Seasons Hotel, Signals Signs of Optimism for Region
Bahrain has signaled new optimism in the nation's employment and real estate sectors with the recent confirmation of construction work on the Four Seasons Hotel.
Global Hotel Markets Perform Well in October
Based on new hotel data compiled by STR Global, hotel markets across the world reported mostly positive performance gains in October 2011. The Americas region recorded positive results in the three key performance metrics when reported in U.S. dollars for October 2011.
Private Residence Club Launched in Ireland
An upscale private residence club has been launched in Ireland. The Adare Manor Residence Club in County Limerick will offer members a share in two- or four-bedroom residences in a private, gated enclave next to the Adare Golf Club. Membership in the Golf Club, host of the 2007 and 2008 Irish Open where Lee Westwood shot the course record 64, ...
