CityCenter sells Mandarin Oriental Las Vegas for USD 214 million
CityCenter is jointly owned by a wholly owned subsidiary of MGM Resorts International and Infinity World Development Corp (a wholly owned subsidiary of Dubai World).
Louvre Hotels’ Amine Moukarzel highlights the global shift impacting the MENA region
Challenges are numerous as we progress in certain cities with new projects whereby the cost of construction is key.
USD 1 billion joint sustainable hospitality fund launched by Katara Hospitality and Accorhotels dedicated to Sub-Saharan African countries
It will target greenfield projects, brownfield projects and conversions of existing hotels through acquisitions, in a region which offers robust growth opportunities.
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