IHG Hotels & Resorts is set to launch its Garner brand in Southeast Asia with the upcoming opening of Garner Hotel Pattaya Central, expanding its midscale footprint in Thailand.
Petromaint has secured a $121mn maintenance contract at Iraq’s Zubair oilfield and is weighing further expansion into Algeria, underlining its drive to strengthen its position in the MENA energy services market.
Samty Holdings has sold two portfolios of newly built multi-family properties worth ¥49 billion to sovereign wealth funds, with the developer retaining asset management responsibilities following its privatisation by Hillhouse.
Cinnamon Hotels & Resorts has appointed Hishan Singhawansa as CEO, with a renewed focus on India as a central market, leveraging its flagship Cinnamon Life Colombo resort and sustainability-driven initiatives to attract travellers.
Legence Corp. has launched the roadshow for its proposed IPO, offering 26 million shares with pricing expected between $25 and $29 per share, ahead of a planned Nasdaq Global Select Market listing under the symbol “LGN.”
Dave’s Hot Chicken partners with UK-based Azzurri Group to launch 180 restaurants across Europe, following a successful UK debut and rapid global expansion.
