Tag: hotel news
Soho House to go private in $2.7bn deal
Soho House & Co. announced today that it has agreed to be taken private by a group of investors led by MCR, one of...
European hotel investment hits €21.9bn in 2024, highest since 2019
The European hotel market witnessed a remarkable resurgence in 2024, with total investment volumes reaching €21.9 billion, the highest annual figure since 2019 and...
Cheyne provides €41m loan for iconic Brussels hotel revamp
Cheyne Capital has announced the closing of a €41m loan to finance part of the restoration and redevelopment of the iconic Hotel Metropole in...
Dalata explores potential sale as part of strategic review
Dalata Hotel Group has announced the commencement of a strategic review aimed at exploring options to optimise capital opportunities and enhance shareholder value.
This...
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...
Covivio and AccorInvest seal deal for hotel ownership consolidation
Covivio has announced the signing of a memorandum of understanding with AccorInvest to consolidate ownership of jointly owned hotel operating and property companies.
This...
Singapore’s CDL snaps up Paris hotel for €240m
Singapore-listed global real estate company City Developments Limited (CDL) has acquired the Hilton Paris Opéra hotel from funds managed by Blackstone for €240 million.
CDL...
Proprium sells €1.25bn stake in Motel One to majority owner
Real estate private equity firm Proprium Capital Partners has sold its 35% stake in Motel One Group to the majority shareholder One Hotels &...
Canadian company unveils €450m hotel development plans across Portugal
Mercan Group, headquartered in Montreal, Canada, has revealed plans for a number of hotel developments to begin construction this year, signalling its significant investment...
Radisson to open hotel in Paris’ Triangle project
URW and AXA IM Alts have signed an agreement with Radisson Hotel Group for the opening of a hotel in the Triangle project in...
Covivio, AccorInvest in talks to consolidate property and business assets
Covivio has entered into exclusive negotiations with AccorInvest to consolidate their jointly held hotel properties and business assets.
Through its subsidiary Covivio Hotels, Covivio owns...
AEW buys airport hotel in France
AEW Patrimoine has acquired the four-star Paris Marriott Charles de Gaulle Airport Hotel in France.
The hotel, located near Charles de Gaulle airport, is...
