November 5th, 2015
"For more than 15 years, the Worldwide Hospitality Awards have offered the international hotel industry an event to showcase their most original initiatives and their most successful innovations. All the candidatures illustrate how the hospitality industry constantly evolves."
"Georges Panayotis, CEO of MKG Group and Founder of the Worldwide Hospitality Awards"
Mandarin Oriental announced that it has agreed to acquire the Hotel Ritz, Madrid for 130 million euros in a joint venture with The Olayan Group, a Saudi Arabian multinational...
The group announces the sale and franchise-back of seven hotels for €32.6 million, along with a commitment from the buyers to carry out €5.2 million worth of renovations.