Tag: international investors

Organisers of the Turkey & Neighbours Hotel Investment Conference (CATHIC), Bench Events, have confirmed it’s going to return to Turkey for the third year running in May.

The now-annual conference is scheduled in Istanbul from May 29th-30th 2013.

The event, the leading hospitality investment conference in central Asia, is anticipated to draw greater than 350 industry movers and shakers to talk about opportunities and challenges facing investors and operators within the region’s burgeoning tourism and hospitality sector.

According to Mehmet Önkal, managing partner of BDO Hospitality Consulting and the co-organiser of CATHIC, tourism and hospitality is determined to play a key role within the country’s economic growth.

He noted that towns, cities and resorts nationwide are already experiencing a gradual increase in domestic tourism, in addition to an increasing stream of inbound visitors.

Önkal cited a contemporary Ministry of Culture & Tourism report from Turkey that implies that the rustic expects greater than 50 million international visitors per annum and this trend will continue for the following decade.

He went directly to share that these numbers will generate tourism-related revenue in way over US$50 billion once a year.

“Now is the time for investors, developers and operators to take a major take a look at Turkey and the greater region.

“The opportunity is within the development of destinations and new tourism hubs.

“This year’s CATHIC provides the proper venue for serious players to debate the investment roadmap, together,” Önkal added.

The organisers confirmed that CATHIC’s agenda will present insights into the important thing success factors for development, including the role of presidency, regional air travel trends and understanding the sentiment of international investors.

The programme also will address issues like hotel development, hotel branding, financing and operations.

CATHIC is co-organised by Bench Events and Questex Media, who also organise the Russia and CIS Hotel Investment Conference, Arabian Hotel Investment Conference, International Hotel Investment Forum Asia Pacific, and the International Hotel Investment Forum Berlin.

In addition to the conference programme, CATHIC offers many networking opportunities including an exhibition where delegates give you the option to satisfy the foremost players inside the industry.

Recommended

Israeli hotel company, Fattal Hotels, in conjunction with a consortium of international investors has signed a binding agreement to accumulate the complete share capital of the Queens Moat Houses.

Queens Moat Houses maintains a portfolio of hotels that presently contains 20 hotels, 15 of them Holiday Inns, four Best Western Hotels and one Queens Hotel.

The properties can be found in Berlin, Munich, Düsseldorf, Frankfurt, Cologne, Hamburg, Heidelberg, Wolfsburg, Hanover, Baden-Baden, Aachen, Mönchengladbach and Karlsruhe.

The portfolio comprises approximately 3,600 rooms, 28 bars and 29 restaurants in addition to 154 conference rooms with a complete area of 9,675 square meters.

“The investment is according to our expansion plans – the hotels complement our existing Leonardo chain of hotels perfectly.

“We still wish to keep growing and are negotiating further projects in major cities in Europe,” explained David Fattal, chief executive of Fattal Hotels/Leonardo Hotels.

With this new portfolio, Fattal Hotel Group grows to 85 hotels with over 16,000 rooms.

Some 54 hotels and eight,449 rooms can be found in Europe (Austria, Switzerland, Belgium, Hungary and Germany) and 31 hotels with 7,600 rooms can be found in Israel.

Following the QMH Germany portfolio acquisition, Fattal Hotels could be managing 45 hotels in 20 cities in Germany.

Recommended

Israeli hotel company, Fattal Hotels, including a consortium of international investors has signed a binding agreement to accumulate all the share capital of the Queens Moat Houses.

Queens Moat Houses maintains a portfolio of hotels that presently contains 20 hotels, 15 of them Holiday Inns, four Best Western Hotels and one Queens Hotel.

The properties can be found in Berlin, Munich, Düsseldorf, Frankfurt, Cologne, Hamburg, Heidelberg, Wolfsburg, Hanover, Baden-Baden, Aachen, Mönchengladbach and Karlsruhe.

The portfolio comprises approximately 3,600 rooms, 28 bars and 29 restaurants in addition to 154 conference rooms with a complete area of 9,675 square meters.

“The investment is according to our expansion plans – the hotels complement our existing Leonardo chain of hotels perfectly.

“We still wish to keep growing and are negotiating further projects in major cities in Europe,” explained David Fattal, chief executive of Fattal Hotels/Leonardo Hotels.

With this new portfolio, Fattal Hotel Group grows to 85 hotels with over 16,000 rooms.

Some 54 hotels and eight,449 rooms can be found in Europe (Austria, Switzerland, Belgium, Hungary and Germany) and 31 hotels with 7,600 rooms can be found in Israel.

Following the QMH Germany portfolio acquisition, Fattal Hotels might be managing 45 hotels in 20 cities in Germany.

Recommended