According to the new data provided by American Express Business, European hotel industry is getting better. However, the pre-downturn level is still unreachable. An interesting fact – in 2010 luxurious hotels in Europe showed... Read further
It is reported that Blackstone Group has just acquired City Inn Ltd., the owner of 8 Mint Hotels in the UK. The sum of the deal estimates 600 million of UK pounds (approximately US$947 million). Blackstone has also some plans... Read further