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The Carlyle Group and Explorer Investments acquire Penha Longa Resort (PT)
The Carlyle Group and Explorer Investments acquire Penha Longa Hotel & Golf Resort (PT)

The Carlyle Group and Explorer Investments have purchased Penha Longa Hotel & Golf Resort in Portugal. Financial details of the transaction were not disclosed. The hotel will ...

Avignon Capital acquires Staybridge Suites in The Hague for €16.2m (NL)
Avignon Capital acquires Staybridge Suites in The Hague for €16.2m (NL)

Avignon Capital has acquired a newly developed serviced hotel apartment, operated under the Staybridge Suites brand for €16.2m. The newly converted 101 room apart-hotel marks Staybridge ...

Cycas enters German market with Frankfurt Airport hotel deal (DE)
Cycas enters German market with Element Frankfurt Airport hotel deal (DE)

Cycas Hospitality is continuing its European expansion with the signing of its inaugural property in Germany. The hotel management company has secured a deal to operate the privately-owned 133-suite ...

Meininger to open 122 room hotel in Reykjavik (IS)
Meininger to open hotel in Reykjavik (IS)

Meininger hotel group has signed an agreement for a hotel in Reykjavik, Iceland. The property is located on Vesturbaer district in Reykjavik, which is close to the city centre and the Harpa ...

Apple Leisure Group acquires majority stake in Alua Hotels & Resorts (ES)
Apple Leisure Group acquires majority stake in Alua Hotels & Resorts (ES)

Apple Leisure Group (ALG) has signed an agreement to purchase a majority share in Alua Hotels & Resorts. Following the deal’s closing, the Spanish hotel chain, which was founded in ...

Austria to welcome first Curio Collection by Hilton hotel
Austria to welcome first Curio Collection by Hilton hotel

Hilton has signed a management agreement with Kitz Immobilieninvest to open Curio Collection by Hilton. The 81-guest room hotel will be Hilton’s first hotel in the resort town of ...

34 hotel sales completed in Ireland in 2018
34 hotel sales completed in Ireland in 2018

CBRE Ireland has released figures for the volume and value of hotels traded in the Irish market during 2018, which shows that excluding hotel investment sales, 34 transactions totalling more ...

Orchard Street invests €42.3m in Newcastle hotels market (GB)
Orchard Street completes €42.3m purchase of two hotels in Newcastle (GB)

Orchard Street Investment Management has completed the acquisition of two hotel investments in Newcastle City Centre from Union Property Development Ltd for a total price of €42.3m ...

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