Cycas Hospitality will operate the Radisson Hotel & Suites Amsterdam South under a lease agreement with the Swiss investment company ECHO Partners AG, which owns the property.
This new concept brings the number of Radisson Group properties in the Netherlands to six, under the Radisson Blu, Radisson and Park Inn by Radisson brands.
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The natural landscape of New Zealand's South Island has heavily influenced a new hotel set to be launched within the city of Dunedin.
Developed through Dunedin family Property Investment Group CL Hotels, Ebb-Dunedin will ready to welcome guests by summer 2021.
CL Hotels Development Manager Dylan Cazemier said the aim was to build a modern boutique hotel designed to provide guests with relaxed luxury for a restful pause on their journey.
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As per hospitality consultancy HVS Anarock’s Hotels & Hospitality Overview, occupancies in India declined 81% in April from a year earlier. HVS is estimating a similar decline for May as well.
In the US, occupancies during April shrank almost 64% while for the UK, the decline was 71.3% as per HVS and STR data. For China and Singapore, occupancies during the same period declined by 48.7% and 29.2% respectively.
In a note on May 27, investment information and credit rating agency ICRA said demand had declined to the lowest levels the industry had ever witnessed in India during the extended lockdown, and that it was clear that it was the biggest crisis faced by the sector.
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