PPHE posts 4.7% revenue growth in first half
PPHE Hotel Group reported a stronger financial and operating performance in the first half of 2026, with revenue, RevPAR and EBITDA all increasing despite...
Marriott CEO Arne Sorenson dies at age 62
Arne Sorenson, the president and chief executive officer of Marriott International Inc., has passed away on February 15, 2021 at the age of 62.
In May...
IHG to open three hotels in New Caledonia
InterContinental Hotels Group (IHG) will make a grand entrance into New Caledonia with the signing of three hotels that will open between 2021 and 2024.
The...
Chinese firm acquires Fernie Castle Hotel in Scotland
Chinese real estate company MDJM's wholly owned subsidiary in the United Kingdom, MD Local Global Limited (MD UK), has agreed to acquire Fernie Castle Hotel,...
Lopesan partners with Stoneweg to acquire luxury hotel in Madrid
Lopesan Hotel Group, the hotel company from the Canary Islands, in partnership with the investment firm Stoneweg Hospitality, has acquired the Hotel Miguel Angel,...
IHG adds Ruby hotels to portfolio in €110.5m deal
InterContinental Hotels Group PLC (IHG) has acquired the Ruby brand and related intellectual property from Ruby SARL for an initial purchase consideration of €110.5...
Värde grants €112m loan to refinance Brussels office and hotel property
Värde Partners has provided a €112 million loan to refinance The Wings, a newly developed office and hotel property in Brussels, Belgium.
Owned and developed...
King Street commits €400m to European urban lifestyle hospitality platform
King Street Capital Management has announced a strategic equity investment of up to €400 million in Room00 Group, Southern Europe’s urban lifestyle hospitality platform....
Israeli hotel chain pays €165m for six hotels in Spain
Israeli hotel company Fattal Group has agreed to acquire six hotels in Spain from KKR and Dunas Capital for over €165 million.
Located in...
Sun Communities agrees £768m sale of UK assets to Aermont
US-listed REIT Sun Communities said it has agreed to sell its UK assets, including the Park Holidays business, to funds affiliated with Aermont Capital...
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...
CapitaLand Ascott Trust divests four properties in France for €44m
Singapore-listed lodging trust CapitaLand Ascott Trust (CLAS) has divested four mature serviced residences in regional France for €44.4 million (S$64.7 million).
The four properties...
