International tourist numbers could fall 60-80% in 2020, UNWTO says
International tourist arrivals fell by 22 percent in the first quarter of 2020 due to COVID-19 pandemic crisis, according to the latest data from...
Elanor launches Elanor Luxury Hotel Fund,buys hotels
ASX-listed property investor Elanor Investors Group, an investment and funds management business with over $1.25 billion in assets under management across Australia and New...
Warimpex and UBM sell two hotels at Disneyland Paris
Warimpex Finanz- und Beteiligungs AG, a real estate development and investment company, headquartered in Vienna and listed on the stock exchanges in Vienna and...
Perial AM pays €47m for senior tourist residence in Portugal
Perial Asset Management has acquired a tourist residence, currently under development, dedicated to seniors located in the seaside resort of Vilamoura in Portugal for...
Invesco Real Estate acquires three hotels for €100m
Invesco Real Estate has acquired three hotels in Spain and the Netherlands for €100 million. The three properties are Holiday Inn Express The Hague, Hotel Occidental 1929 Barcelona and Vinnci...
Apple Hospitality REIT buys two Hyatt hotels in Tempe, Arizona
Apple Hospitality REIT said it has acquired the new 105-room Hyatt House and 154-room Hyatt Place in Tempe, Arizona for $64.6 million. “We are pleased...
Hyatt plans to grow its portfolio in Europe
Hyatt Hotels Corporation has announced the plans to grow its portfolio in Europe by the end of 2023 with more than 20 executed managed...
Commerz Real sells two hotels in London
Accor HotelInvest UK Limited has acquired two hotels, a four-star Novotel with 182 rooms and a two-star Ibis with 297 rooms, in London from...
ActivumSG’s fund divests hotel in Madrid for €65m
A fund managed by ActivumSG Capital Management has sold the 161-guest room Hard Rock Hotel Madrid it established by converting an office building in...
Hilton Hotel in The Hague sold for €70m
Avignon Capital, the European investment and asset management firm, has acquired the Hilton Hotel, located in The Hague from Hillgate Development and the Bon...
