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 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 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 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 ...
Following the acquisition of the Meliá Berlin, Union Investment has secured another high-yield hotel property by Spanish hotel brand Meliá for one of its institutional funds. The ...
Foncière des Régions and Crédit Agricole Assurances, together with AccorHotels, have opened two new 3 and 4-star hotels in the heart of the Roissy air transport hub. In ...
AccorHotels has acquired onefinestay, a high-end hospitality pioneer specializing in luxury serviced home rental in key worldwide gateways, for €148m and has made a further commitment of ...
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 ...
