Hyatt, IHG to Expand Middle Eastern Brands
Both companies have signed for and plan to develop several hotels throughout the Middle East and Gulf Cooperation Council.
Kennedy Wilson, Euro-Affiliate to Combine Into $8.2B Entity
The transaction is expected to close during the third quarter of 2017, subject to customary closing conditions. The deal will reportedly create a global portfolio of more than 400 properties with an enhanced geographic mix and broad diversification across real estate sectors.