Accor has appointed hospitality veteran Ranju Alex as CEO for South Asia, tasking her with leading its expansion across India, Bangladesh, Pakistan and Sri Lanka as the group pursues a joint venture with InterGlobe Enterprises.
Millat Group has joined the Executive Committee of the World Travel & Tourism Council (WTTC), becoming the first South African private equity firm to secure a seat on the Council’s top governing body.
DEAL Holdings has launched FAB Group, a new lifestyle and culinary brand that will open at least 25 destinations in the UAE within five years and expand into Saudi Arabia and Qatar, creating over 800 jobs in the process.
Jordan has reaffirmed its position as the Middle East and North Africa’s leading medical tourism destination, welcoming more than 224,000 international patients in 2024 and generating over USD 1 billion in annual revenue. Combining world-class healthcare expertise with unique natural therapeutic sites, Jordan continues to strengthen its role as a premier hub for advanced medical care and wellness in the region.
Soho House will return to private ownership in a $2.7 billion deal led by MCR Hotels, offering shareholders $9 per share, nearly 18% above the last close. The agreement, which lifted shares more than 15%, will see Ashton Kutcher join the board and Neil Thomson step in as Chief Financial Officer as the club operator seeks stability after a turbulent public run.
The project will rise on the former site of the Shin-Yurakucho Building, reimagining the location as a dynamic hub where art, fashion, food, and hospitality converge.
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