Knight Frank has released a report of the performance of mainstream residential markets across the world. According to the report, in terms of performance, Ireland is ranked at No 50 in the world, with a annual (negative) percentage change of 12.9 percent. (Data for period ended June 2011)
A few months after buying FRHI Hotels & Resorts from investors including Qatar Investment Authority and Kingdom Holding, AccorHotels CEO Sébastien Bazin denies the hotel management firm is growing too fast. In fact, he intends to pick up the pace – especially in the GCC.