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Anbang Insurance Group withdraws $14bn Starwood Hotels bid
sheraton

China’s Anbang Insurance Group Co has announced they have abandoned their $14bn bid to acquire Starwoods Hotels & Resorts Worldwide Inc, clearing the way for Marriott International Inc to ...

Patrizia acquires two hotel properties in Freiburg (DE)
hampton by hilton render thumb

Patrizia Immobilien AG has purchased a real estate development project for two hotels with a total of 380 rooms. The two hotels are expected to open in March 2017 and will operate under the Hampton ...

40% of visitors choose a shopping centre based on dining options
food court image thumb

A new study published by ECE has shown that 40% of visitors base their choice of shopping centre primarily on the available dining options and not on the variety of other stores. 60% of those ...

Starwood and Marriott merger falls through after Chinese firm's offer
marriott hotel image thumb

Marriott International, Inc. has been informed by Starwood Hotels and Resorts Worldwide, and Starwood has announced publicly, that the Starwood Board of Directors has determined that it considers an ...

Union Investment acquires Hyatt Place hotel in Gateway Gardens at Frankfurt Airport (DE)
hyatt place

A Hyatt Place hotel, located at the Frankfurt Airport in Germany, is scheduled to open in Q1 2018. Union Investment acquired the approximately 3,006m² hotel site from seller, developer and ...

Marriott International to double in size in Europe after Starwood merger
mariott vienna

Marriott International in Europe, a division of Marriott International Inc., is to double in size once its acquisition of Starwood Hotels & Resorts Worldwide, Inc. is complete. In Europe, the ...

The largest leisure project in Eastern Europe comes to market (RO)
silver mountain image thumb

Knight Frank has been instructed by Romanian Commercial Bank (BCR), to launch to market, the sale of mountain resort ‘Silver Mountain’, Poiana Brasov, Romania – the only leisure ...

CBRE Hotels Dublin sells Hilton Dublin Airport Hotel (IE)
hilton dublin

CBRE Hotels Dublin has sold the Hilton Dublin Airport Hotel on behalf of their clients, the P. J. Walls Holdings Group, in an off market deal to Irish investors including Emerald Investment Partners ...

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