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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 ...

First Hyatt hotel to open in Scotland in 2021
First Hyatt-branded hotel to open in Scotland in 2021

Hyatt has entered into an agreement for the first Hyatt-branded property in Scotland and the third Hyatt Regency hotel in the United Kingdom. With 187 guest rooms and 98 apartments, Hyatt ...

New Radisson hotel to open in Budapest in 2020 (HU)
New Radisson hotel to open in Budapest in 2020 (HU)

The Radisson Hotel Group has signed a new property for its Radisson Collection brand in Budapest, Hungary. Located on St. Stephen's Square, the Radisson Collection Basilica ...

Zurich Insurance acquires new hotel scheme in Stuttgart (DE)
Zurich Insurance acquires new hotel scheme in Stuttgart (DE)

Reiss&Co has sold the planned new Motel One Group hotel in Stuttgart to the Zurich Group Germany. Reiss & Co. is building the turnkey project and will hand it over to the operator and ...

RLH Properties acquire Villa Magna hotel in Madrid for €210m (ES)
RLH Properties acquire Villa Magna hotel in Madrid for €210m (ES)

Turkish conglomerate Dogus Group, advised by JLL, has sold its luxury hotel Villa Magna in Madrid, Spain to Mexican asset manager RLH Properties for €210m. Located on Paseo ...

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