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News: Rotana opens two new Dubai properties

Making a significant addition to the UAE’s tourism and hospitality offering, Rotana has announced the soft opening of two stunning hotels in Dubai, the five-star Al Bandar Rotana, and a fully-furnished serviced apartments, Al Bandar Arjaan by Rotana, at Dubai Creek. Elegantly designed with a range of modern luxuries, and situated on a prime waterside location on Baniyas Road, the new properties offer stunning and expansive views of the creek, which passes through the heart of Dubai, and Burj Khalifa, the tallest building in the world. Away from traffic and…

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Island tax haven firms own 23,000 UK properties

A quarter of property in England and Wales owned by overseas firms is held by entities registered in the British Virgin Islands, BBC analysis has found. The Caribbean archipelago is the official home of companies that own 23,000 properties – more than any other country. They are owned by 11,700 firms registered in the overseas territory. The finding emerged from BBC analysis conducted of Land Registry data on overseas property ownership. The research found there are around 97,000 properties in England and Wales held by overseas firms, as of January…

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News: Meliá Hotels signs three new Vietnam properties

Meliá Hotels International has announced the signing of three new properties in Ho Chi Minh City; Meliá Saigon Central, Innside Saigon Central, and Innside Saigon Mariamman. The deals bring the group’s number of current and future properties in Vietnam to ten. All three properties will be managed by Meliá Hotels International. With the region’s rising affluence, improved infrastructure and increased international transport connectivity, there is an enormous potential in the growing “bleisure” market in Vietnam, which is a booming tourism hotspot and a priority market for the group. Bernardo Cabot…

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News: AccorHotels to welcome four properties to Seoul Dragon City

Seoul Dragon City will open on October 1st, featuring four AccorHotels brands. In total the French hospitality giant will offer 1,700 rooms, 11 restaurants and bars, 17 meeting rooms, two multi-function grand ballrooms, and four floors of entertainment in a Sky Bridge suspended between two of the towers. The new ‘lifestyle hotel-plex’ is located in the centre of Seoul close to major business districts such as Yeouido and Gangnam, as well as commercial districts including Itaewon and Myeongdong. The complex is adjacent to malls and shopping centres, movie theatres, tourist…

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