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Covivio acquired a 429-room hotel in the Canary Islands for €81 million (ES)
Covivio acquired a 429-room hotel in the Canary Islands for €81 million (ES)

Covivio, through its 52.5%-owned subsidiary Covivio Hotels, acquired from a controlled affiliate of Starwood Capital a 429-room, 4-star hotel in the Canary Islands. This transaction, signed for ...

Corinthia Grand Hotel du Boulevard to open in early 2025
Corinthia Grand Hotel du Boulevard to open in early 2025

The five-star Corinthia Grand Hotel du Boulevard, located in the historic Grand Hotel du Boulevard building on Elisabeta Boulevard in Bucharest, is set to open in March 2025. The first hotel under ...

Union invested €4m to modernize former Ramada Hotel in Innsbruck (AT)
Union invested €4m to modernize former Ramada Hotel in Innsbruck (AT)

Union Investment has invested around €4m in the modernisation of a hotel in Innsbruck. The building, which was completed in 2011, was operated as a Ramada Hotel until July 2021 before being ...

Invesco acquired 327-bed hotel in Gdansk (PL)
Invesco acquired a 327-bed hotel in Gdansk (PL)

Invesco Real Estate has acquired a 327-bed hotel in the Polish city of Gdansk on behalf of a long-standing German separate account mandate. The acquisition is the first time the client has ...

Penske Racing Shocks to open at Bicester Motion (GB)
Penske Racing Shocks to open at Bicester Motion (GB)

Penske Racing Shocks is to open a dedicated UK service and support facility within the iconic Bicester Motion, the 179.7-ha future mobility estate in Oxfordshire, UK in the heart of Britain’s ...

Knight Frank sold Holiday Inn Express Folkestone for €10.1m (GB)
Knight Frank sold Holiday Inn Express Folkestone for €10.1m (GB)

Knight Frank has completed the sale of Holiday Inn Express Channel Tunnel Folkestone on behalf of Stellar Asset Management to London & Regional (L&R) off a guide price of c. ...

Hilton enters Moldova with €5m investment
Hilton enters Moldova with €5m investment

The international Hilton brand is set to debut in the Republic of Moldova's hospitality market by opening its first hotel in Chisinau. This marks a significant step in strengthening the country's ...

GREYKITE and Equilibria purchased vacant hotel in Munich (DE)
GREYKITE and Equilibria purchased vacant hotel in Munich (DE)

GREYKITE European Real Estate Fund has agreed the acquisition of an 8,000m2 vacant hotel in Munich, which will seed a newly formed €250m purpose-built student accommodation (PBSA) strategy, in a ...

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    Invel and YellowSquare expand hybrid hospitality platform to 3,300 beds across ...
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