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AccorHotels completes Movenpick deal
AccorHotels completes €482m Movenpick deal

AccorHotels has completed its acquisition of Movenpick Hotels & Resorts. The Enterprise Value (EV) represents €482m and encompasses 100% of Movenpick company’s share capital, as ...

Lapland acquires Scandic Kuopio hotel (FI)
Scandic to divest one hotel in Kuopio (FI)

Scandic has signed an agreement to divest the hotel operations of Cumulus Kuopio Station in Kuopio, Finland to Lapland Hotels OY. The buyer will take over the operations of the hotel, which has 141 ...

Dalata acquires London Aldgate hotel scheme for €100m (GB)
Dalata acquires London Aldgate hotel scheme for €100m (GB)

Dalata Hotel Group has exchanged contracts to acquire the long leasehold interest of a hotel under development located at Aldgate, London for a total consideration of €100m (£91m). As ...

Seve Trophy resort goes on the market for €45m (IE)
Seve Trophy resort goes on the market for €45m (IE)

Druids Glen Hotel & Golf Resort, host of the 2002 Seve Trophy and several Irish Opens, has been placed on the market for sale with a guide price of €45m. Savills Hotels & Leisure has ...

Reuben Brothers acquire London Shoreditch hotel (GB)
Reuben Brothers acquires London Shoreditch hotel (GB)

One of London’s newest and most sought-after luxury lifestyle hotels and members’ clubs, The Curtain Hotel and Members Club in Shoreditch, which was brought to the capital in 2017 as a ...

Scandic to open new hotel in Trondheim (NO)
Scandic to open new hotel in Trondheim (NO)

Scandic Hotels has signed a long-term lease agreement with Bane NOR Eiendom and Utstillingsplassen Eiendom to operate a new hotel in the Nyhavna area of Trondheim, Norway. The hotel will be the ...

Being Development begins construction of Yotel Amsterdam hotel (NL)
Being Development starts construction of YOTEL Amsterdam hotel (NL)

Being Development, acting in partnership with Valuas and CommonWealth Investments, has begun the construction of a new hotel in Buiksloterham area of Amsterdam. Designed by Studioninedots, Delva ...

Fattal Hotels to invest €35.6m in new Edinburgh hotel scheme (GB)
Fattal Hotels to invest €35.6m in new Edinburgh hotel scheme (GB)

Jurys Inn and its owner, Fattal Hotels, have revealed plans to invest c. €35.6m (£32m) in the redevelopment and expansion of the existing Jurys Inn Edinburgh hotel and its ...

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