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Business and pleasure

A healthy business travel market represents a rich source of potential revenue for the hospitality industry. Meliá Hotels International reveals how its acquisition of two prime properties in Palma, Spain, will help to boost occupancy in the region throughout the year.

Lighten the load

With a number of large hotel groups still trying to sell assets and reduce exposure to the European real estate market, are targets being hit, who is buying and are operators seeing a fair price? Mark Wynne Smith, global CEO of Jones Lang LaSalle’s Hotels & Hospitality Group, shares his insights with Patrick Kingsland.