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JLL advises Chris Luken on Fletcher Hotels buyout (NL)
amsterdam

The Fletcher Hotels platform has been sold in a management buyout led by Rob Hermans, CEO and Edwin van Heteren, CFO together with their equity partners, NIBC Bank and Xead Group from Luxembourg. The ...

Marriott Hotel opens in Macedonia
Marriott Hotel Macedonia

Marriott Hotels, the signature brand of Marriott International, has opened its first hotel in Macedonia, the Skopje Marriott Hotel. Situated on Macedonia Square, in the heart of the city’s ...

European hotels report second highest Q1 deals in the last decade
hotel lobby

Investment into European hotels totalled €3.7bn, representing the second largest deal volume recorded in any first quarter in the last decade, despite transaction volumes reducing by 30% ...

Internos sells Maritim Hotel Dresden for €58.4m (DE)
dresden

Internos Global Investors, acting on behalf of the Internos Hotel Real Estate Fund, has sold the Maritim Hotel Dresden for €58.4m to Frasers Hospitality Trust, a global hotel and serviced ...

Terror attacks cause sharp dive in Brussels hotel profit (BE)
brussels

According to HotStats, y-o-y profit per room at Brussels hotels plummeted by 44.5% for the month, to €30.09 from €54.25 during the same period in 2015, as the city felt the impact of the ...

TUI Group sells Hotelbeds Group for €1.2bn
|© Christoph73

TUI Group has reached an agreement with UK investor Cinven Capital Management and Canada Pension Plan Investment Board to sell Hotelbeds Group for around €1.2bn. The transaction, which is ...

Hilton expands European capital city presence to Belgrade (RS)
|© HILTON WORLDWIDE

Hilton Worldwide are set to enter the Serbian market with the signing of a management agreement with Belaga Management Company, paving the way for an upscale Hilton hotel in Serbia’s capital ...

LondonMetric sells Odeon multiplex cinema in Taunton for £9.1m (UK)
|© danspracklen

LondonMetric Property has exchanged on the sale of its freehold Odeon Multiplex Cinema in Taunton for £9.1m, to Asda Pension Fund reflecting a net initial yield of 5.5%. The property will form ...

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