AccorHotels sells 57.8% of the capital of AccorInvest

AccorHotels has completed the sale of 57.8% of the capital of AccorInvest to sovereign wealth funds Public Investment Fund (PIF) and GIC, institutional investors Colony NorthStar, Crédit ...

Minor International acquires 8.6% stake in NH Hotels for €192m

Minor International has reached an agreement to acquire 30 million shares in NH Hotel Group in a transaction valued at €192m, which together with its existing shareholding will increase ...

Hyatt unveils plans for first Hyatt Centric hotel in Ireland

Hyatt Hotel Corporation has unveiled plans for the first Hyatt property in Ireland, Hyatt Centric The Liberties Dublin. A company affiliate has entered into a franchise agreement with ...

Madrid welcomes Spain's first Hampton by Hilton hotel

Hilton has signed a franchise agreement with Project HbH Alcobendas SL to open the first Hampton by Hilton hotel in Madrid, Spain. The property will be managed by Panoram Hotel ...

Apple Leisure Group signs with NH Hotels for European expansion (ES)

Apple Leisure Group (ALG) and NH Hotel Group have formed a strategic alliance to bring AMResorts’ award-winning brands to Europe. An ALG company, AMResorts will debut in Spain with its ...

Henderson Park and Hines choose Grand Hyatt for Athens hotel redevelopment (GR)

Henderson Park and Hines have agreed upon a franchise agreement with an affiliate of Hyatt Hotels Corporation for the former Ledra Hotel in central Athens, which will be operated as a Grand Hyatt ...

Park Hotels & Resorts sells Hilton Berlin for €297m (DE)

Park Hotels & Resorts Inc. has closed on the sale of the 601-room Hilton Berlin for €297m. The sale of the asset marks the 13th hotel that Park has sold in 2018 and the 10th hotel ...

BNP Paribas acquires Room Mate Bruno hotel in Rotterdam (NL)

BNP Paribas REIM has acquired the recently completed Room Mate Bruno hotel in Rotterdam. The property has a gross floor area of just under 17,700 m² and compromises 217 ...

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