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Hotel & Leisure

Pandox acquires hotel in the UK for MGBP 40

Pandox has acquired and gained access to a hotel property including hotel operations in central Bath from Starwood Capital Group. The hotel has 176 rooms and will be operated under a new management agreement with Axiom Hospitality, subject to a franchise under the DoubleTree by Hilton brand. The total acquisition price amount...
Friday, 23. September 2022

DEMIRE wins Premier Inn for Kassel’s Kurfürsten Galerie

DEMIRE Deutsche Mittelstand Real Estate AG has secure Premier Inn for its Kurfürsten Galerie in the central German city of Kassel. With this deal, the mixed-use complex is acquiring a new and highly desirable anchor tenant of international renown.
Thursday, 22. September 2022

La Zambra officially opens on Spain's south coast

Hyatt Hotels Corporation announces today the opening of La Zambra, a reborn hotel destination in Málaga, Andalusia. The opening marks the completed transformation of the infamous Byblos hotel, an icon of late 20th century celebrity and indulgence. Inspired by the celebrity and luxury of its past, La Zambra joins The Unbound C...
Thursday, 22. September 2022

Blackstone and Bourne Leisure agree sale of Butlin’s for £300m

Blackstone and Bourne Leisure today announced that funds managed by Blackstone’s private equity and real estate businesses have agreed to the sale of Butlin’s, the iconic British seaside resorts to a newly formed company backed by the Harris family for a reported £300 million.
Wednesday, 21. September 2022

Staycity opens flagship property in Dublin

Fast-expanding aparthotel operator Staycity Group has opened its seventh property in Dublin, giving it nearly 1,200 apartments in its home city. At the same time the company has announced a five-year £30m loan facility from OakNorth Bank, the UK bank powered by OakNorth, and further facilities if required.
Friday, 16. September 2022

Hyatt opens Thompson Madrid

Hyatt Hotels Corporation announces today the opening of the highly anticipated Thompson Madrid, the first Thompson Hotels branded property in Spain. Setting an inspiring new standard for modern luxury stays, the 175-room hotel is a celebration of thoughtfully curated style and global sophistication with an authentic Madrileni...
Tuesday, 13. September 2022

Radisson Hotel Group is expanding in Poland

Radisson Hotel Group plans to further expand its portfolio in Poland. Just this year, the Group opened the Andersia Hotel & Spa Poznań, a member of Radisson Individuals and Radisson RED Gdansk hotel already in the country. And further openings are planned for the coming months. Radisson Hotel Group holds a portfolio of 23 hot...
Monday, 12. September 2022

Habyt opens new location in Frankfurt's Ostend district

Habyt is opening the doors of a newly built 3,310 sqm co-living building with 108 units in Frankfurt-Ostend. The company operates the entire building, providing a 360-degree service to its residents.
Thursday, 8. September 2022

Ten hotels nominated for Hotel Property Award 2022

For the „Hotel Property Award 2022“, which will be presented at the 196+ hotelforum conference on Thursday, October 6, the interdisciplinary jury of experts has nominated ten hotels from among 36 applicants from seven European countries.
Wednesday, 7. September 2022

Ardian invests in l'Île Seguin project in Paris

Ardian acquired a 70% stake in the 53,000 m² Pointe Amont de l'Île Seguin project, located on the Seine in Boulogne-Billancourt, in close vicinity to Paris. This is one of Ardian’s largest property investments to date.
Tuesday, 6. September 2022

PKF Hospitality strengthens its position in Switzerland

Simon C. Winker MRICS is the new Head of Project Development at PKF hospitality group. In the newly created position, his main task is to provide expert support to clients throughout the entire cycle of a hotel project development. This includes, in particular, the preparation of room and function programs, architect briefing...
Tuesday, 6. September 2022