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  Tourism  |  International  |  Analysis
Travel industry to contribute record $11 trillion to global GDP in 2024

The industry's contribution to global GDP in 2024 will increase 12.1% year-over-year to $11.1 trillion.

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  News Deals  |  Retail  |  Europe
Sainsbury’s to buy 10 Homebase stores for €152m

The biggest expansion in more than a decade.

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Blackstone Is Said to Near $13 Billion Deal to Acquire AirTrunk

Blackstone has been in talks with banks for a A$5.5 billion loan to be raised at the holding company level.

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China Considers Allowing Refinancing on $5.4 Trillion in Mortgages

Authorities are ramping up a push to reduce mortgage costs after the central bank encouraged such support last year and banks responded with a rare rate cut on outstanding mortgages of first homes.

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PATRIZIA secures additional €200 million for its flagship Smart City Infrastructure Fund

SCIF was one of the first funds in the world to target this emerging asset class.

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  News Deals  |  Hotels  |  Europe
LaSalle acquired London hotel from abrdn for €65.5m

The modern, 291-bedroom hotel is situated on the Minories, at Tower Hill.

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  News Deals  |  Listed  |  Retail  |  Greece  |  Europe
Fourlis: Strategic agreement with Foot Locker

The deal aims to further expand its store network and e-commerce in Southeast Europe.

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China pilots housing pension system to enhance people's living quality

Home buyers have been paying a "housing maintenance fund" since 1998.