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Hotel & Leisure

CBRE appoints Jorge Ruiz as Head of Hotels, Iberia

CBRE has bolstered its Hotels platform in Iberia, appointing Jorge Ruiz as the new head of the region. The Senior Director of Hotels, Spain will now be responsible for managing the business across both Spain and Portugal.
Monday, 5. February 2024

Cushman & Wakefield strengthens hospitality team

Cushman & Wakefield has further strengthened the specialist advice it provides to clients in the UK Hospitality sector by bringing Mark Woolfitt back to the firm. An experienced hospitality valuation specialist who worked at Cushman & Wakefield for eight years earlier in his career, Woolfitt has re-joined the firm as a Partne...
Wednesday, 31. January 2024

IHG signs over 1,000 new rooms in UK & Ireland

IHG Hotels & Resorts signs nine agreements across five brands in UK and Ireland – totalling more than 1,000 new rooms – as its rapid growth in all market segments continues.
Wednesday, 31. January 2024

IHG Hotels & Resorts re-enters Swedish market

IHG Hotels & Resorts has entered into a franchise agreement with Mogotel and development partner Revelop, to mark IHG’s re-entry into Sweden with voco Stockholm Kista.
Wednesday, 31. January 2024

Slättö grows in Finland with second Helsinki CBD hotel

The acquisition is Slättö’s second in the hospitality sector in Finland. The new aparthotel will meet the needs of different groups of travelers, from short- to long-term stay, with high standards in design, quality and sustainability. For this project, Slättö has once again partnered with the tech-led operator Bob W.
Tuesday, 30. January 2024

The hotel investment in Spain soars in 2023

In 2023, hotel investment in Spain reached 4.248 billion euros, considering operating hotels, properties for hotel conversion, and land for hotel development, according to data from the Hotel Investment Report compiled by Colliers. In 2023, 171 hotels and 21,748 rooms were transacted, compared to 133 hotels and 17,754 rooms ...
Monday, 29. January 2024

Zeus acquires hotels in Italy and Greece from Prodea

Athens-based Zeus International Hotels and Resorts has acquired the Dolce Milan Malpensa hotel in Milan and the Lazart Hotel Trademark Collection by Wyndham from Athens-based Prodea Investments for an undisclosed amount. The hotel group already had the lease for both hotels.
Tuesday, 16. January 2024

Newsec explores potential in Nordic ski resort investments

The Nordic countries—primarily Sweden, Norway, and Finland—offer cold winters and reliable snowfall. The Nordic region boasts over 500 ski resorts, representing approximately 8% of all global ski resorts. These resorts have thrived, providing excellent conditions and a lack of crowds due to the region's modest population of 2...
Friday, 12. January 2024

Quartiers takes next step for hotel in Marbella

Quartiers Properties AB is taking another step forward in the development of its hotel property on the prestigious Golden Mile in Marbella. The next step in the development is now underway, with the appointment of a leading architectural team.
Friday, 12. January 2024

2023 Ireland hotel market transactions declined

Irish hotel transactions declined in 2023 largely due to fewer Dublin sales and no Dublin investment activity, according to property advisor, Savills Ireland. The total hotel transaction volume for 2023 was €350m – 30% below the historical average.
Tuesday, 9. January 2024