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Steigenberger Hotels & Resorts unveil plans to reopen (DE)
Steigenberger Hotels & Resorts unveil plans for reopening (DE)

Deutsche Hospitality has unveiled plans for the reopening of its propeties. Thomas Willms, CEO, Deutsche Hospitality, undertook an on-site visit to the Steigenberger Hotel Munich to clarify how ...

Surge in mergers and acquisitions activity likely for hotel industry post-COVID-19
Surge in mergers and acquisitions activity likely for hotel industry post-COVID-19

Many smaller hotel companies will have no choice but to combine with their larger counterparts in order to survive post-COVID-19, creating a more consolidated industry in the process, says ...

Touriste acquires The Chrysos Hotel in London (GB)
Touriste acquires The Chrysos Hotel in London (GB)

Touriste, a French group operating boutique hotels in Paris, advised by Bryan Cave Leighton Paisner LLP, has acquired The Chrysos Hotel, London. The hotel operates from two converted Georgian ...

Threestones Capital invests in Dortmund nursing home (DE)
Threestones Capital invests in Dortmund nursing home (DE)

Threestones Capital successfully closed one of the largest single transactions in the healthcare property market in Germany in recent years, acquiring a nursing home and assisted living complex in ...

London hotel transactions reach €1.32bn in Q1
London Hotel transactions hit €1.32bn in Q1

Transaction volumes in London’s hotel market totalled €1.32bn (£1.15bn) in the first quarter of this year, reflecting an 8.8% decline yoy, but 85% above the long term ...

European hotels showed positive growth of revenue before COVID-19
European hotels showed positive growth of revenue before COVID-19

During the first two months of the year, year-to-date figures for European hotels showed positive growth of revenue per available room (RevPAR), due to increase of average daily rate (ADR) and ...

Accor closes more than half of its hotels worldwide
Accor closes more than half of its hotels worldwide

More than half Accor branded hotels worldwide are closed, likely over two thirds in the coming weeks. One piece of good news is the confirmation of the initial recovery of the Chinese hotel market, ...

Hotel occupancy across Dublin down by over 90% (IE)
Hotel occupancy across Dublin down by over 90% (IE)

Hotel occupancy across Dublin is down by over 90%, according to the latest data by Savills. The company has predicted a 32% drop in Dublin’s hotel development pipeline as a direct ...

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