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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 ...

IHG to open second Kimpton hotel in The Netherlands
IHG to open new Kimpton hotel in Rotterdam (NL)

IHG has signed Kimpton Hotels & Restaurants in Rotterdam, Netherlands. This hotel will be developed and opened with Omnam Group. The launch is set for 2022. This is the second hotel for ...

IHG opens first Staybridge Suites hotel in The Netherlands
IHG opens first Dutch Staybridge Suites hotel

IHG has opened its first Staybridge Suites in The Netherlands. Located in the heart of The Hague, the hotel is situated opposite the world’s oldest parliament building still in ...

Mystic Investment sells The Maison Albar Hotels Le Monumental Palace (PT)
Mystic Investment sells The Maison Albar Hotels Le Monumental Palace (PT)

Mystic Investment, advised by JLL, has sold its luxury hotel development The Maison Albar Hotels Le Monumental Palace in Porto, Portugal. The acquisition is the Paris Inn Group’s first ...

European hotel real estate investment volume grows 3%
European hotel real estate volumes reach €22.9bn in twelve months to Q3 2018

European hotel real estate investment volumes reached €22.9bn in the year to Q3 2018, representing a 3% increase year-on-year, according to the latest data from global real estate advisor CBRE. ...

Scandic to open new hotel in Kiruna (SE)
Scandic to open new hotel in Kiruna (SE)

Scandic has signed an agreement to establish a new hotel in Kiruna’s new city centre. The hotel property will be owned by Swedish mining company LKAB and built by Skanska. The new hotel will ...

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