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Hotel & Leisure

German hotel market comes out of the crisis strengthened

All of Germany’s nine key hotel markets still suffered significantly in 2021. However, 6 out of the 9 top cities were able to record improvement in occupancies. Hotel real estate specialist Christie & Co reviews an eventful year in Germany's 9 key hotel markets Berlin, Munich, Frankfurt, Hamburg, Cologne, Dusseldorf, Stuttgar...
Monday, 8. August 2022

Hotel occupancy rebound drives rates to record levels in Q2

BNP Paribas Real Estate initial Q2 2022 data has revealed that improved hotel demand has driven average daily rates (ADR) and revenue per available room (RevPAR) to record highs as hoteliers increase their pricing to reflect rising occupancy levels and inflationary costs.
Monday, 8. August 2022

Accor opens new luxury hotel in Plovdiv

Accor announces the official opening of its flagship property in Plovdiv. The Emporium Plovdiv - MGallery located in the reborn building with a history, surrounded by the vibrant culture welcomes guests with the captivating story of Europe's oldest continually inhabited city.
Thursday, 28. July 2022

JP Hospitality acquires „Casa Minelli“ hotel in Trieste

JP Hospitality Investors Club has acquired the apartment hotel Residence del Mare („Casa Minelli“) in the center of the old town of Trieste. PKF hospitality group acts as exclusive advisor to JP Hospitality Investors Club.
Tuesday, 26. July 2022

Nordis sold 255 units worth 123.7 million RON in the first half of 2022

Nordis Group, the only developer of 5-star hotel and residential complexes in Romania, announces sales of 123.7 million RON in the first 6 months of 2022. This amount represents the value of pre-contracts for the sale of apartments in the 4 projects that Nordis Group has under development at this moment. The signing of the sa...
Friday, 22. July 2022

Kimpton to open first European resort in Mallorca

Kimpton Hotels & Restaurants, part of IHG Hotels & Resorts’ Luxury & Lifestyle Collection, announces its first resort hotel in Europe will open later this summer. Located in Mallorca, Kimpton Aysla Mallorca will be open year-round, emulating a sanctuary of luxury and wellness and representing an important step in the European...
Thursday, 21. July 2022

Radisson RED opens new sustainable design hotel in Oslo

Set in one of Northern Europe’s leading, sustainability-focused locations, Radisson RED Oslo Økern has opened its doors. The music, art, design, and fashion inspired hotel, features a unique rooftop experience complete with a bar, outdoor terrace, and impressive city views.
Thursday, 21. July 2022