Hotel & Leisure

Coros advised fund makes its final investment of a hotel property in Berlin Friedrichshain-Kreuzberg area. Sourced through an off-market approach, the transaction was made on behalf of the flagship vehicle Commodus Deutschland Fund II ScSp, RAIF. The fund has now fully committed its capital and acquired a total of nine assets...

The first half of 2022 is over, and Christie & Co takes this opportunity to review the transaction activity in the Austrian hotel real estate sector. The focus remained clearly on leisure hotels, but some city hotels also changed hands, resulting in a transaction volume of over €230 million in the first six months.

Within the frame of a club deal for two pension schemes, Real I.S. AG has acquired two hotels of the Hampton by Hilton and Premier Inn brands in the German city of Stuttgart. Seller is a project company of the Matthäus Schmid construction group, based in Baltringen, Germany. The parties have agreed not to disclose the price o...

196+ Hotelforum and Hospitality Pioneers (Gastgewerbe Magazin) will be announcing the Hospitality Upgrade Award together, once more in cooperation with Gnerator powered by Gira. The prize will be presented to the winner of the techno pitch on 6 October at the 196+ Hotelforum conference. The application deadline is 11 August.

At the beginning of July 2022, the new June Six Hotel Berlin City West opened its doors in Berlin-Charlottenburg. In addition to its central location, the young boutique hotel impresses with a modern design concept featuring fresh colors and furniture and artwork produced especially for the hotel. From the lobby area to the r...

Brussels’ newest hotel, and the first Holiday Inn Express within the heart of the city, has opened its doors. Holiday Inn Express Brussels – Grande-Place, located on Rue du Cypres with an entrance on Place due Samedi, offers 117 guest rooms and provides the perfect base for both leisure and business travellers to explore the ...

Barings, alongside Fairfield Real Estate Finance (FREF), has provided a €70.125 million (62.5% LTV) investment facility to the JMK Group secured against the Holiday Inn Dublin Airport Hotel.

Fattal Group has signed an agreement with KKR and Dunas Capital to acquire six landmark hotels for over €165 million. The transaction is expected to close in the second half of 2022 and will not impact guest reservations or experiences.

Radisson Blu Hotel, Cluj, based in Transylvania’s vibrant capital city of Cluj-Napoca, opens its doors as the city’s only five-star hotel, providing an unforgettable experience with spacious rooms, a unique dining concept, and ultra-modern meeting facilities.

Aareal Bank announces the closing of a financing agreement totalling €140 million with investment manager Vertiq Capital. The financing was disbursed as two separate loans, respectively entailing the refinancing of the 25hours Paris Terminus Nord in Paris and the acquisition financing of the Bankside Hotel, Autograph Collecti...

A joint venture between funds managed by Europa Capital and Addington Capital has sold the Elbow Rooms, 64-68 Call Lane, Leeds for circa £4.00 million.

EasyHotel has acquired its first site in Valencia, at 7-8th Rojas Clemente sq. The plot is licensed for the development of a 95-room hotel in the city centre, for travellers looking to make clever travel choices. It will be the hotel chain's first site in the region, and fifth hotel in Spain. This represents the latest step i...

Cycas Hospitality will partner with InterGlobe in the management and transformation of 11 boutique hotels and 1,472 rooms across eight countries and nine cities.

The Leyendecker Group, based in the Main metropolis, is expanding its own portfolio and acquiring a Stayery property with 139 serviced flats (3,600 m²) from the Schütt Group as part of a share deal that opened in March.

The fourth acquisition of the Viennese investor group this year is signed and sealed: JPI Hospitality Investors Club has secured the vintage hotel „Hotel Milano“ in Madonna di Campiglio at an altitude of 1600 metres in the midst of the Brenta Dolomites.

Catella Wohnen Europa (CWE), the German public open-ended real estate fund, has acquired 342 affordable apartments extending over 16,400 sqm in four energy-efficient buildings in Berlin-Pankow from a Hamburg-based family office.

Boutique hotel brand Hotel Indigo, part of IHG Hotels & Resorts’ Luxury and Lifestyle portfolio, has opened its first property in Austria, Hotel Indigo Vienna – Naschmarkt. Centrally located, the hotel is a short walk from the city’s historic centre, the ‘Margareten’ district, a culturally diverse neighbourhood, including eve...

Cycas Hospitality has signed a hotel management agreement to take over the management of the design-led Bankside Hotel - part of Marriott International’s Autograph Collection – this month.