Hilton has announced the signing of the Waldorf Astoria Scarlet Bay in the Peloponnese, marking the iconic luxury brand’s first venture in Greece. The development signals a significant milestone in Hilton’s rapid expansion across Greece, a world-class destination where the company now manages over 60 hotels trading and in the pipeline.
Dubai Investments Park Angola, the country’s first integrated economic zone, has signed a significant land deal with UAE developer Reportage Group for two massive residential communities. The ambitious project will deliver two gated communities, one luxury ocean-facing and one mid-market hilltop development, featuring over 4,500 villas and townhouses, a boutique hotel, and substantial retail space.
The Investors Pool, a new platform by Fractional Syndication LLC, has launched with the aim of revolutionising global real estate investment. Using blockchain technology to convert property ownership into digital tokens, the platform allows individuals to invest in a diversified portfolio of US assets for as little as $100. The platform focuses on high-yield properties, including planned unit developments and specialized rental housing.
RMS, a leading hospitality technology platform, has announced a new integration with cloud-based point-of-sale provider Epos Now. The partnership aims to enhance operational efficiency by connecting front-of-house transactions with RMS’s property management system. This integration syncs guest billing and POS transactions in real time, reducing manual data entry errors and speeding up reconciliation. The collaboration is expected to enable faster check-outs and improve cross-departmental coordination, supporting a seamless guest journey and new upsell opportunities. This partnership adds to RMS’s growing ecosystem of smart integrations.
Northwest Healthcare Properties Real Estate Investment Trust (TSX: NWH.UN) has announced a deal to internalise the management rights of Vital Healthcare Property Trust (‘Vital’). The conditional agreement is valued at NZ$214 million (approximately $170 million), which Northwest will receive in cash. The transaction aligns with Northwest's strategy to simplify its business and reallocate capital back to North America. Vital will fund the purchase through a capital raise launched concurrently with the announcement.
The United Nations Specialised Agency for tourism has confirmed Ms. Al Nowais as its next Secretary-General following the 26th General Assembly in Riyadh. Her appointment, confirmed by the 160 Member States, is a historic moment as she becomes the first woman to lead the organisation in its 50-year history. Ms. Al Nowais will commence her five-year term at the start of 2026. She brings considerable private sector experience to the role, including her recent position as Corporate Vice President at Rotana Hotels. She also chairs the Abu Dhabi Chamber’s Tourism Working Group. She outlined five core priorities for her mandate. These include responsible tourism, capacity building, technology for good, innovative financing, and smart governance.
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