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Quadoro Investment GmbH, the AIFM of the open-ended mutual fund Quadoro Sustainable Real Estate Europe Private (Sustainable Europe), has acquired the Holiday Inn Express in Offenburg on behalf of the fund.
IHG Hotels & Resorts and the Dutch Odyssey Group are bringing Vignette Collection to Germany. The hotel operator has signed the contracts with the JV of the two project developers Aixact and Derichs and Konertz (DaixKo) for the „Alte Post“ hotel development. The „Alte Post Vignette Collection“ hotel is scheduled to open in 20...
A joint venture between real estate funds managed by Credit Suisse Asset Management and real estate funds managed by Trinity Fund Advisors LLC, an affiliate of full-service private real estate investment firm Trinity Real Estate Investments LLC (Trinity), today announced the acquisition of The Diplomat Beach Resort in Hollywo...
Tikehau Capital announces the acquisition of the 4* Hotel California in the 8th arrondissement of Paris (75), through the second vintage of its pan-European value-add real estate impact strategy.
After an initially good start to 2022, the ongoing war in Ukraine and its consequences caused renewed unrest on the Austrian hotel investment market. Which buyer group was nevertheless active, and what domestic banks say about the current financing landscape, you can read in the latest transaction market report from Christie ...
CBRE announced today that Robin Stenlund has joined its Sweden office as an advisor and specialist in Hotels. Stenlund’s most recent position was at Newrest where he worked as CFO for Scandinavia. Prior to this, he held the role of investment manager and analyst in Hotel Real Estate Investments & Asset Management at Midstar A...
Deka Immobilien has sold the former Marriott East Side Hotel. With the sale of the hotel, which the fund manager had acquired in 2015 for 270 million US dollars in a JV with Ashkenazy Acquisitions Corporation (15%), Deka Immobilien is now drawing a line under the investment that has probably brought it more trouble than profi...
The Sligo City Hotel will reopen on the 1st March 2023 as part of the Address Collective Hotel Group, which is owned by Irish Hoteliers Brian and Ciara McGettigan. The expansion will create 40 new jobs initially, with more added over time.
The Memmo Hotels'hotel group has recently acquired a hotel in Paul do Mar, Madeira. The former four-star 60-room Hotel Paul do Mar Sea View is located in the Calheta district. With this acquisition the Portugal portfolio grows to four locations.
Universal Beach Hotels has acquired the 114-room MySeaHouse Hotel Neptuno on the beachfront of Playa de Palma, in Mallorca. The hotel chain plans to invest €5-6 million to renovate the property. The renovation work is expected to take place in winter 2023/2024.
Schroders Capital has acquired The Standard Ibiza, a 67-room luxury lifestyle hotel located in the centre of Ibiza Town. This is Schroders Capital's fourth acquisition in the last 12 months in the luxury hotel sector in Europe.
Prizeotel has continued to expand throughout 2022, with the addition of three new hotel openings representing nearly 1,000 rooms. The Group announced plans to expand the brand’s footprint with 45 new signings in select European countries with a special focus on UK and Ireland over the next five years, as it looks ahead to new...
The number of hotel owners using third-party operators to run their properties looks set to increase across Europe, reflecting the desire for flexibility as well as a number of other benefits, according to a new report from HVS.
Hospitality operator Hotel Co 51 has boosted its German presence with the opening of its second dual-brand development in Germany: Moxy Dortmund City and Residence Inn by Marriott Dortmund City.
Meliá Hotels International has signed a long-term agreement to manage the former Rey Juan Carlos Hotel in Barcelona. The hotel will be operated under the luxury Gran Meliá brand with the name „Miranda de Pedralbes“, a tribute to the residential area in which the hotel is located.