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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.
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...
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.
Limehome is continuing its strong expansion in Austria. Since January 2023, the hospitality tech company has added ten new locations, almost doubling its portfolio.
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.
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.
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 ...
Fattal Group has purchased the Hotel Prelude Opera in Paris from Tikehau Capital, marking its entry into the French market. The property will now operate under the Leonardo Boutique brand.
Radisson Hotel Group signs Radisson Red Berlin Kudamm, the Group's first bold and cutting-edge upscale Red property in Germany's capital, set to open in late spring 2024.
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.
Travelodg has exchanged contracts to buy 66 branded hotels on a freehold and long leasehold basis from its largest landlord, LXi REIT, for £210 million.
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...
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.
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.
£2 billion of UK hotel transactions were recorded in 2023, according to Knight Frank. Q4 was the strongest quarter of the year for investment into the sector with £615 million of deals, representing 31% of the total annual investment activity.