No products in the cart.
- Latest
- Trending
Real estate investment trust Xenia Hotels & Resorts has completed the sale of the Fairmont Dallas hotel in the US for $111m.
The sale price of the 545-room hotel is based on an 8.6× multiple and a 10% capitalisation rate on the hotel’s EBITDA and net operating income for the year ending 28 February 2025.
These figures do not include an estimated $80m in anticipated near-term capital expenditures.
The net proceeds from the sale of the property are earmarked for general corporate…
Get curated travel AI insights — choose the newsletters that matter to you.
ALTOUR Expands into Thailand, Strengthening Corporate Travel Network Across Southeast Asia BANGKOK, THAILAND (25 March, 2026) – ALTOUR, a leading...
Read moreDetails
Comprehensive Summarization: The International Jazz Festival held at the Cape Town International Convention Centre from March 27-28 showcased a diverse...
Read moreDetails
