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Global Growth Could Drop to 2.9% in 2025 As Tariffs Slow Down the Economy

2025-08-14 17:53:32| Hotel Resource

The global economic growth rate is expected to drop from 3.1% in 2024 to 2.9% in 2025 due to conflicts, unforeseen climate events and the impact of US tariffs.



Category: Hospitality

 

Marriott Executive Apartments Opens in Kuala Lumpur, Malaysia

2025-08-14 16:53:06| Hotel Resource

Marriott Executive Apartments has opened a new property in Kuala Lumpur, featuring 353 serviced apartments, marking its largest location in Asia Pacific outside China.



Category: Hospitality

 

Construction Begins on The Dunes Fort Lauderdale Hotel

2025-08-14 16:53:06| Hotel Resource

Moss has started construction on The Dunes Fort Lauderdale, an Autograph Collection Hotel



Category: Hospitality

 

IHG Expands voco Brand to Thailand with Phuket Hotel Opening in 2029

2025-08-14 16:53:06| Hotel Resource

IHG Hotels & Resorts plans to open a voco hotel in Phuket, Thailand, featuring 175 rooms, in 2029.



Category: Hospitality

 

Meliá Announces New Hotel Project in Lima, Peru

2025-08-14 16:53:06| Hotel Resource

Meliá Hotels International has signed an agreement to open a boutique hotel in Lima, Peru, under The Meliá Collection brand, with phased openings in 2026 and 2027.



Category: Hospitality

 

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