Thursday, December 12, 2019

Hotels


In Brief
August 2019 1095

Action Hotels to open Novotel Bur Dubai

HOSPITALITY veteran Christophe Landais has been appointed chief executive officer of Dubai-based Action Hotels Company (AHC).

The newly appointed CEO will steer the opening of the group’s next property, the prime-positioned 220-room Novotel Bur Dubai, a four-star, Accor-operated hotel in Dubai Healthcare City.

“The up-coming Novotel Bur Dubai is a perfect example of Action Hotels’ ability to secure prime land to complement its already-strong network of high-quality assets in locations across the Middle East and Australia, each showing its ability for significant capital appreciation.”, Landais said.

Landais confirmed the Novotel Bur Dubai will be taking reservations from August 1, 2019.

 

Campbell Gray announces property in Egypt

CAMPBELL Gray Hotels is collaborating with esteemed developer Mangroovy Residence El Gouna as well as best in class consultants such as Ghoneimi Architects and Evolve BDS for the creation of a 160-key boutique resort, of which the construction is expected to start later this year.

The three-storey property is set to feature a mix of rooms and suites – many of which will have tranquil, private rooftops and gardens – an array of world-class dining options, as well as a welcoming kids club. An idyllic pool terrace with plenty of lounging space will lead onto a café, a library and a cigar lounge. The resort’s town square will also host a PureGray Health Club and Spa – which will offer a state-of-the-art gym and an array of treatment rooms.

As in all Campbell Gray Hotels, the resort will be designed with exquisite attention to detail and quality while remaining true to the simplicity and relaxed seaside atmosphere of El Gouna.

With the new resort, Mangroovy Residence El Gouna is adding to its existing private residences (currently selling) and is poised to become a destination for all seasons. Its seafront location will make Mangroovy Residence El Gouna the area’s only beachfront residence with luxury hospitality operator Campbell Gray Hotels primed to significantly upgrade the level of services offered in the resort.

 

Eldorado acquires Caesars Entertainment

ELDORADO Resorts has agreed a $17.3 billion deal to acquire gaming giant Caesars Entertainment.

The deal will create one of the largest gambling ventures in the United States, with around 60 casino resorts and gaming facilities spread across the
country.

Eldorado will buy Caesars for about $8.5 billion in cash and shares, with the rest of the transaction made up of Caesars’ debt.

Tom Reeg, chief executive of Eldorado, commented: “Eldorado’s combination with Caesars will create the largest owner and operator of United States gaming assets and is a strategically, financially and operationally compelling opportunity that brings immediate and long-term value to stakeholders of both companies.”

Jim Hunt, chairman of Caesars, added: “This announcement is the culmination of a thorough evaluation by the Caesars board of directors.

“The board unanimously concluded that the combination of these two companies creating an even stronger entity is a decision for our shareholders’ consideration and vote for immediate and ongoing value.”

 

BHMA rebrands to Cross Hotels & Resorts

CROSS Hotels & Resorts has established its position as one of Asia Pacific’s leading hotel operators.

Formerly BHMA Hotels & Resorts, the business has been rebranded to Cross Hotels and Resorts, marking the successful transition into the global Flight Centre Travel Group business.

The rebranding to Cross paves the way for a further escalation of the company’s portfolio of rooms under management focusing on South East Asia, Australia, Japan and the Pacific before branching into other international destinations.

It comes off the back of an already encouraging growth period which saw eight new hotels opened across three brands in FY 2019 and a consolidated hotel revenue increase circa 80 per cent in the past 18 months.




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