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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...

Dalata snaps up London hotel for £53.4m

Ireland-based hotel operator Dalata Hotel Group has agreed to acquire the long leasehold interest of the Apex Hotel London Wall for £53.4 million (€62.2...

Stonewag Hospitality expands Spanish portfolio with two hotels buy

Stoneweg Hospitality, the hotel investment arm of global real estate company Stoneweg, has expanded its portfolio in Spain with the acquisition of two hotels...

ECE to convert office property in Rome to hotel

ECE Group's company ECE Work & Live will convert a listed office property from the early 19th century in Rome, Italy, into a hotel...

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