Latest news with #Vlorë
Associated Press
27-05-2025
- Business
- Associated Press
SC Capital Holding's CEO Simo Chaabani Announced Strategic Hospitality Investments in Albania
Simo Chaabani, the CEO of SC Capital Holding, has announced plans to enter the Albanian market as part of the Swiss-based investment group's broader Eastern European expansion strategy, renowned for its targeted hospitality acquisitions. 'We believe Albania is poised to become a premier Mediterranean destination,' said Simo Chaabani. 'The combination of underdeveloped coastal assets, increasing international interest, and rising air connectivity creates a compelling opportunity for us.' The CEO of SC Capital Holding, Simo Chaabani, is a dynamic leader with deep expertise in real estate, communication, and hospitality transactions, having led hundreds of millions in real estate deals. The group is currently evaluating multiple beachfront properties along the southern coast, including Sarandë and Vlorë, with the intention of repositioning assets under internationally recognized luxury brands. SC Capital Holding is also in early discussions with local authorities and tourism boards to facilitate sustainable development aligned with Albania's national tourism strategy. A Vision Backed by Experience Headquartered in Zug, Switzerland, SC Capital Holding is a fast-growing investment group setting new standards in hospitality investment and management. With a sharp focus on long-term value creation, the company is expanding across Europe, targeting properties with strong cash flows, high asset quality, and transformational potential. What differentiates SC Capital Holding is its expertise-driven approach, powered by a team with over 100 years of combined global experience in corporate and investment banking, hotel management, risk assessment, and credit lending. This multidisciplinary expertise allows the firm to make highly informed, strategic decisions that generate optimal returns for stakeholders. A Sustainable Investment Philosophy SC Capital Holding is committed to building a future-ready hospitality portfolio with sustainability at its core. Each acquisition is viewed as a platform to implement eco-friendly initiatives—from renewable energy adoption and water conservation to waste reduction and community-based tourism programs. The firm aims to reduce the environmental footprint of each property while enhancing guest experience and operational efficiency. 'Our mission goes beyond expanding our portfolio. We aim to transform every hotel we acquire into a beacon of sustainability, setting new industry standards,' added Simo Chaabani. A Promising Market Outlook The broader European hotel industry is experiencing a resurgence, with the hospitality sector projected to grow at a CAGR of 6.57% between 2022 and 2028, generating revenues of over €139.95 billion. With a profit margin of 15.7%, the industry presents attractive opportunities for well-capitalized investors. Albania, with its pristine coastline, growing tourism infrastructure, and favorable investment climate, stands out as a rising star in this recovering landscape. Commitment to Value Creation SC Capital Holding's core investment philosophy is centered on creating enduring value through strategic acquisitions, impactful partnerships, and responsible development. By aligning business strategy with environmental stewardship, the firm positions itself not only as a market leader but as a change-maker within the hospitality industry. For acquisition proposals or partnership inquiries, contact SC Capital Holding executive reception , to the attention of Mrs Allyson Roscoe, director of deal sourcing : [email protected] Learn more at: Disclaimer: Media Contact Company Name: SC Capital Holding Contact Person: Allyson Roscoe Email: Send Email City: Zug Country: Switzerland Website: Press Release Distributed by To view the original version on ABNewswire visit: SC Capital Holding's CEO Simo Chaabani Announced Strategic Hospitality Investments in Albania
Globe and Mail
26-05-2025
- Business
- Globe and Mail
SC Capital Holding's CEO Simo Chaabani Announced Strategic Hospitality Investments in Albania
Simo Chaabani, the CEO of SC Capital Holding, has announced plans to enter the Albanian market as part of the Swiss-based investment group's broader Eastern European expansion strategy, renowned for its targeted hospitality acquisitions. 'We believe Albania is poised to become a premier Mediterranean destination,' said Simo Chaabani. 'The combination of underdeveloped coastal assets, increasing international interest, and rising air connectivity creates a compelling opportunity for us.' The CEO of SC Capital Holding, Simo Chaabani, is a dynamic leader with deep expertise in real estate, communication, and hospitality transactions, having led hundreds of millions in real estate deals. The group is currently evaluating multiple beachfront properties along the southern coast, including Sarandë and Vlorë, with the intention of repositioning assets under internationally recognized luxury brands. SC Capital Holding is also in early discussions with local authorities and tourism boards to facilitate sustainable development aligned with Albania's national tourism strategy. A Vision Backed by Experience Headquartered in Zug, Switzerland, SC Capital Holding is a fast-growing investment group setting new standards in hospitality investment and management. With a sharp focus on long-term value creation, the company is expanding across Europe, targeting properties with strong cash flows, high asset quality, and transformational potential. What differentiates SC Capital Holding is its expertise-driven approach, powered by a team with over 100 years of combined global experience in corporate and investment banking, hotel management, risk assessment, and credit lending. This multidisciplinary expertise allows the firm to make highly informed, strategic decisions that generate optimal returns for stakeholders. A Sustainable Investment Philosophy SC Capital Holding is committed to building a future-ready hospitality portfolio with sustainability at its core. Each acquisition is viewed as a platform to implement eco-friendly initiatives—from renewable energy adoption and water conservation to waste reduction and community-based tourism programs. The firm aims to reduce the environmental footprint of each property while enhancing guest experience and operational efficiency. 'Our mission goes beyond expanding our portfolio. We aim to transform every hotel we acquire into a beacon of sustainability, setting new industry standards,' added Simo Chaabani. A Promising Market Outlook The broader European hotel industry is experiencing a resurgence, with the hospitality sector projected to grow at a CAGR of 6.57% between 2022 and 2028, generating revenues of over €139.95 billion. With a profit margin of 15.7%, the industry presents attractive opportunities for well-capitalized investors. Albania, with its pristine coastline, growing tourism infrastructure, and favorable investment climate, stands out as a rising star in this recovering landscape. Commitment to Value Creation SC Capital Holding's core investment philosophy is centered on creating enduring value through strategic acquisitions, impactful partnerships, and responsible development. By aligning business strategy with environmental stewardship, the firm positions itself not only as a market leader but as a change-maker within the hospitality industry. For acquisition proposals or partnership inquiries, contact SC Capital Holding executive reception , to the attention of Mrs Allyson Roscoe, director of deal sourcing : contact@ Learn more at: Disclaimer: This press release may contain forward-looking statements. Forward-looking statements describe future expectations, plans, results, or strategies (including product offerings, regulatory plans and business plans) and may change without notice. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements.
Times
12-05-2025
- Sport
- Times
Mads Pedersen snatches Giro d'Italia lead with stage three win in Vlore
After losing the Pink Jersey by just one second in the time-trial on Saturday, Mads Pedersen wanted to snatch it back from race favourite Primoz Roglic in Vlorë on stage three of the Giro d'Italia. And that is exactly what he did after a perfect leadout and an incredible sprint ahead of Corbin Strong (Israel–Premier Tech) and Orluis Aular (Movistar). In the final 3km, it was clear who the man to beat was as his team-mates Giulio Ciccone and Mathias Vacek gave the 2019 world champion a textbook leadout. Not even a stray dog running across the road could take Pedersen's eye off pink and nobody had an answer to the US team. In an attempt to stay out of the headwind, the likes of
CNN
12-05-2025
- Sport
- CNN
Runaway goat attempts to ram cyclist off bike in freak incident during Giro d'Italia
New Zealand cyclist Dion Smith got quite the scare during the third stage of this year's Giro d'Italia, after almost being knocked off his bike by a runaway goat on Sunday. The bizarre incident occurred during the 160km stage of the prestigious race, which started and finished in the Albanian town of Vlorë, as the peloton was on its fast descent down a hill. Smith, who rides for the Intermarche–Wanty team, said he had spotted a small herd of goats by the side of the road and moved to the right-hand side to avoid any potential collision. Unfortunately for him, one of the goats decided to dart across the road, right into the cyclist's path. Perhaps anticipating the collision, video footage showed the goat leaping into the air and brushing Smith's leg and back wheel. The rider was pushed onto the grass verge as a result, but managed to stay on his bike and rejoin the road shortly after. Meanwhile, the goat appeared unharmed and trotted away. 'I didn't have too much time to think. I could see it 10 seconds before, the policeman was trying to keep them all in, and then one or two started coming across,' Smith said, adding that he still loves animals. 'I mean, what can I say? I didn't know which way I was going to go, and everyone else went left. I chose right, but in the end, it was fine.' It's certainly not the first time a wild animal has caused chaos during the Giro d'Italia. In 2023, a dog caused a pileup after running onto the road, forcing several cyclists to slam on the brakes in rainy conditions. Speaking after this year's incident, Smith said he had been on alert for stray animals, but just never expected an issue with a goat. 'I probably expected more of a wild dog, but I guess there's a lot more goats down here,' he said, per Reuters. 'Albania's been great and it's beautiful down the south here. They've done really well and I've enjoyed it. It's been a different experience, just watch out for the goats!'
CNN
12-05-2025
- Sport
- CNN
Runaway goat attempts to ram cyclist off bike in freak incident during Giro d'Italia
New Zealand cyclist Dion Smith got quite the scare during the third stage of this year's Giro d'Italia, after almost being knocked off his bike by a runaway goat on Sunday. The bizarre incident occurred during the 160km stage of the prestigious race, which started and finished in the Albanian town of Vlorë, as the peloton was on its fast descent down a hill. Smith, who rides for the Intermarche–Wanty team, said he had spotted a small herd of goats by the side of the road and moved to the right-hand side to avoid any potential collision. Unfortunately for him, one of the goats decided to dart across the road, right into the cyclist's path. Perhaps anticipating the collision, video footage showed the goat leaping into the air and brushing Smith's leg and back wheel. The rider was pushed onto the grass verge as a result, but managed to stay on his bike and rejoin the road shortly after. Meanwhile, the goat appeared unharmed and trotted away. 'I didn't have too much time to think. I could see it 10 seconds before, the policeman was trying to keep them all in, and then one or two started coming across,' Smith said, adding that he still loves animals. 'I mean, what can I say? I didn't know which way I was going to go, and everyone else went left. I chose right, but in the end, it was fine.' It's certainly not the first time a wild animal has caused chaos during the Giro d'Italia. In 2023, a dog caused a pileup after running onto the road, forcing several cyclists to slam on the brakes in rainy conditions. Speaking after this year's incident, Smith said he had been on alert for stray animals, but just never expected an issue with a goat. 'I probably expected more of a wild dog, but I guess there's a lot more goats down here,' he said, per Reuters. 'Albania's been great and it's beautiful down the south here. They've done really well and I've enjoyed it. It's been a different experience, just watch out for the goats!'
