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Europe
Banyan Group expansion with Mamula Island luxury resort in Montenegro
Banyan Group’s European expansion gained momentum in the first half of 2026, as the Singapore-based hospitality company opened its first European resort in Montenegro. At the same time, the group continued to expand its international portfolio and delivered strong financial results. Revenue rose 14% year on year to SGD 235.2 million, while EBITDA increased 30%...
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According to a recent report by ForwardKeys, a partner of the City Destinations Alliance, this summer, the European tourism industry has recorded higher levels compared to those of 2019. Despite inflation, extreme heatwaves, and wildfires in the Mediterranean, the volume of tourists from the United States has significantly increased. Flight bookings to Northern Europe increased...
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Apple Leisure Group, the US giant active in the luxury resort sector acquired by Hyatt in August last year,  strengthens its partnership with Hotel Investment Partners with the opening in Zakynthos of a new 4-star tourist complex. For the opening of AluaSoul Zakynthos, the two partners invested 5.4 million euros for the renovation of common...
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A 500 million euro pan-European development strategy. This is the heart of the strategic partnership signed between LaSalle Investment Management and the Numa group. Numa is known as an operator specializing in non-traditional accommodations with a particular focus on technology. The collaboration is part of LaSalle’s growing business value-add investments and involves the acquisition, refurbishment...
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