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INDIA-BASED ORAVEL STAYS, the parent company of OYO, is reportedly in talks to raise $200 million in a primary funding round, according to Business Standard. The funds are expected to support OYO's potential acquisition of G6 Hospitality, which owns the budget Motel 6 and Studio 6 chains in the U.S. Oravel Stays aims for a valuation between $4.5 billion and $5 billion, up from its previous $2.4 billion valuation, though still below its earlier $10 billion target. The company is in discussions with offshore institutional and private Indian investors to secure the funding, Business Standard reported. Among the private investors involved are InCred Wealth, J&A Partners, the Mankind Pharma family office, and ASK Financial Holdings, all of whom previously valued OYO at $2.4 billion. OYO, backed by SoftBank, has not commented on the matter.

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PEACHTREE GROUP RECENTLY obtained I-956F approval from U.S. Citizenship and Immigration Services for its TownePlace Suites project, currently under construction in Palmdale, California, under the EB-5 Immigrant Investor Program. This approval advances Peachtree's efforts to create investment opportunities through the EB-5 program, which supports economic growth and job creation in the U.S. This is Peachtree's second hotel development to receive I-956F approval, following the Home2 Suites project in Boone, North Carolina, Peachtree said in a statement. "We are excited to receive USCIS approval for our Palmdale project," said Adam Greene, Peachtree's executive vice president of EB-5. "This achievement highlights our commitment to delivering developments that drive economic growth and offer opportunities for investors and local communities." Peachtree is led by Greg Friedman, managing principal and CEO; Jatin Desai, managing principal and CFO; and Mitul Patel, principal.

5 dias no egito dias no egito 5 Se você está planejando uma viagem emocionante, oferecem uma oportunidade perfeita para explorar uma das civilizações mais antigas do mundo. Este roteiro levará você a alguns dos locais mais emblemáticos, permitindo que você mergulhe na rica história e cultura do Egito. O que fazer no Egito Visitar as Pirâmides de Gizé: O que fazer no Egito Um dos símbolos mais icônicos do Egito, onde você pode explorar a Grande Pirâmide e a Esfinge. Explorar o Vale dos Reis: Conhecido por abrigar as tumbas de faraós, incluindo a famosa tumba de Tutancâmon. Navegar pelo Rio Nilo: Faça um passeio de feluca ou cruzeiro para apreciar as belezas naturais e a vida local às margens do Nilo. Descobrir o Templo de Karnak: Um vasto complexo de templos que impressiona pela sua arquitetura e história. Visitar o Museu Egípcio: Lar de uma vasta coleção de antiguidades, incluindo tesouros de Tutancâmon. Explorar o mercado Khan El Khalili: Um bazar vibrante onde você pode comprar artesanato, especiarias e lembranças. Conhecer Aswan e Abu Simbel: Visite a Represa de Aswan e os impressionantes templos de Ramsés II. Degustar a culinária local: Experimente pratos típicos como koshari, falafel e o famoso chá de hibisco. Essas atividades proporcionam uma experiência rica e inesquecível no Egito! Egito o que Visitar Egito o que Visitar , berço de uma das civilizações mais antigas do mundo, é um destino fascinante que encanta viajantes de todas as partes. Ao planejar sua viagem, não deixe de incluir em seu roteiro: A Esfinge: Misteriosa e majestosa, a Esfinge guarda segredos milenares e é um dos símbolos mais icônicos do Egito. O Vale dos Reis: Um vale sagrado onde foram encontradas as tumbas de faraós poderosos, como Tutancâmon, repleto de tesouros e hieróglifos que contam histórias incríveis planejar sua viagem ao Egito por 12 dias. O Templo de Karnak: Um complexo religioso impressionante, com suas colunas gi

PEACHTREE GROUP RECENTLY received I-956F approval from the U.S. Citizenship and Immigration Services, the agency overseeing the EB-5 Immigrant Investor Program, for developing a Home2 Suites by Hilton in Boone, North Carolina. USCIS adjudicated the I-956F petition for the hotel development in five months, Peachtree said in a statement. "It is a testament to the due diligence of the Peachtree team that it was able to get the project approved so quickly, especially when the published processing time is over 15 months," said Adam Greene, Peachtree's executive vice president of EB-5. The company, led by Greg Friedman as CEO and managing principal, Jatin Desai as managing principal and Mitul Patel as principal, originated $21.7 million in fixed-rate construction financing over a five-year term for Narsi Properties to develop the 105-room Home2 Suites near downtown Boone, Peachtree said. Narsi Properties is led by Deven, Neel and Rupal Patel as principals.

There are a plenty options in London where you can stay in a 5 star accommodation. The 5 star hotels in London are known for their unmatched services and affluence. You can get a 5 star hotel in almost every corner of London, especially near major tourist destinations and business hubs.

U.S. HOTEL PERFORMANCE showed mixed results from the previous week, according to STR's latest data through the end of April. However, it remained up year over year. According to STR, occupancy stood at 66.6 percent for the week ending April 29, down from 67.2 percent the week before and increased 0.1 percent over the comparable week in 2022. ADR came in at $156.14, up from $155.76 the week before, and rose 5.5 percent from 2022. RevPAR was $104.01 in the last week, down from $104.64 the week before and increased 5.6 percent against the same period in 2022. Among the Top 25 Markets, Boston registered the highest year-over-year increase in occupancy in the fourth week of the month, up 15.3 percent to 75.6 per cent. Meanwhile, New York City (87.8 percent), Las Vegas (81.5 percent), and San Francisco (81.1 percent) were the only three markets to post occupancy above 80 percent.

U.S. HOTEL PERFORMANCE improved in the second week of May compared to the week before, according to STR. Occupancy, ADR and RevPAR all rose from the previous week and the latter two rose from 2019 levels. Occupancy was 66.5 percent for the week ending May 14, up from 63.9 percent the week before and down 5.9 percent from 2019. ADR was $148.31 for the week, increased from $147.24 the week before and up 10.5 percent from three years ago. RevPAR reached $98.59 during the week, up from $94.10 the week before and rose 4.1 percent from 2019. Among STR's top 25 markets, Phoenix saw the highest occupancy increase, up 4.5 percent to 73.8 percent, over 2019. Miami posted the highest ADR, increased 62.8 percent to $282.26, when compared to 2019.

THE BAIRD/STR Hotel Stock Index rose 2.7 percent in November according to STR. However, hotel stocks were relative underperformers during the month for the first time since June. The index jumped 15.8 percent in October. The index was down 5.5 percent year-to-date through the first 11 months of 2022. In November, the Baird/STR Hotel Stock Index fell behind both the S&P 500, up 5.4 percent and the MSCI US REIT Index, increased 5.6 percent. The hotel brand sub-index increased 3.7 percent from October to 9,804, while the Hotel REIT sub-index fell 0.2 percent.

HYATT HOTELS CORP. reported strong early 2024 performance, with RevPAR and revenue growth, fueled by pipeline expansion driving its core hotel business and global franchise network. Systemwide RevPAR surged by 5.5 percent compared to 2023, while all-inclusive resorts net package RevPAR soared by 11 percent. Meanwhile, U.S. RevPAR increased by approximately 2 percent, excluding the Easter impact, indicating normalized growth. Net rooms grew by about 5.5 percent, with net income at $522 million and adjusted net income at $75 million, Hyatt said in a statement. Adjusted EBITDA stood at $252 million, dropping by 9 percent compared to Q1 2023, mainly due to the Super Bowl in Phoenix, increased real estate taxes, higher wages, and transaction costs from ongoing asset sales.

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