Cookie Error:

Cookies deactivated. To use all functions on this portal, for example the login, Cookies must be activated. Please activate Cookies in your browser settings.

Hotel & Leisure

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

Coros acquires former hotel building in Berlin

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...
Wednesday, 20. July 2022

Hotel investment market: Institutional investors return

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.
Wednesday, 20. July 2022

Real I.S. acquires Hampton by Hilton and Premier Inn hotels in Stuttgart

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...
Tuesday, 19. July 2022

196+ Hotelforum: Kick-off for announcement of Hospitality Upgrade Award

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.
Monday, 18. July 2022

Primestar Group: First June Six flagship hotel opens in Berlin

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...
Monday, 18. July 2022

Holiday Inn Express Brussels – Grand-Place now open

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 ...
Thursday, 14. July 2022

Fattal Group acquires six hotels for over €165 million

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.
Monday, 11. July 2022

Radisson Blu opens first five-star hotel in Transylvania

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.
Monday, 11. July 2022

Aareal Bank finances two high-end hotels in London and Paris

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...
Friday, 8. July 2022