Known for operating some of the most luxurious, exclusive hotels in the world, the Aman group will commence work on a new hotel in Croatia at the end of the year following a EUR 50 million investment from Greek businessman Petros Stathis.
Radisson Hotel Group announced the signing of the first Radisson-branded hotel in Russia. Set to arrive in the Urals region of the country, the newly built Radisson Hotel Perm will have 150 rooms and is due to open in late 2021.
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In September, London hotel occupancy change was mostly flat (-0.1% to 86.9%), but a 7.9% ADR increase to £170.63 ($215.27) drove RevPAR up 7.7% to £148.33 ($187.14).