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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 ...

Scandic lays off 7,000 workers amid Coronavirus spread (SE)
Scandic lays off 7,000 workers amid Coronavirus spread (SE)

Since the coronavirus began to spread, occupancy at the Scandic hotels group has fallen significantly and was 10 to 15% in the previous week. The company is now planning for a situation ...

Ireland’s hotel sector could have a key role to play in managing this Covid-19
Ireland’s hotel sector could have a key role to play in managing this Covid-19

Ireland’s hotel industry could have a real & important role to play in the management of the Covid-19 crisis. This is the view of leading property consultants, Savills Ireland, who say that ...

AccorInvest takes over Orbis for €1.06bn
AccorInvest takes over Orbis for €1.06bn

Accor has completed the sale of an 85.8% stake in Orbis to AccorInvest for an amount of €1.06bn. In this very same week, the Group has also completed the sale of Mövenpick ...

City of Edinburgh green-lights Haymarket hotel scheme (GB)
City of Edinburgh green-lights Haymarket hotel scheme (GB)

The City of Edinburgh Council has given the green light to proposals for a new hotel and hotel school at Haymarket. M&G Real Estate is funding the €392.6m (£350m) development of a ...

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    Wednesday, 1 April
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  • Catella secures 127-apartment Vienna complex in Floridsdorf for private client
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    Monday, 30 March
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  • Sirius Real Estate acquires defence-anchored Kiel business park for €93.4m as Germany ramps up military spending
    Sirius Real Estate acquires defence-anchored Kiel business park for €93.4m as ...
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  • Hilton set to double lifestyle hotel portfolio across EMEA with seven new signings
    Hilton set to double lifestyle hotel portfolio across EMEA with seven new ...
    Friday, 20 March
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