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IHG signs two hotels under its eighth multiple development agreement in Germany (DE)

InterContinental Hotels Group, one of the world’s leading hotel companies, announced the signing of two Holiday Inn® hotels under its eighth multiple development agreement (MDA) in Germany. ...

Sankaty Advisors, LLC and Starwood Capital Group acquire €800 millon Spanish loan portfolio (ES)

Sankaty Advisors, LLC, the independently managed credit affiliate of Bain Capital, and Starwood Capital Group, a leading global private investment firm, announced that they have acquired, through a co ...

IHG launches the Holiday Inn Express brand in Russia (RU)

InterContinental Hotels Group, one of the world’s leading hotel companies announced the launch of its Holiday Inn Express® brand in Russia, the CIS and Georgia. In cooperation with Regional Hotel C ...

Kungsleden sells hotel property in Täby, Sweden (SE)

Kungsleden AB sells two properties in Täby for SEK130 million (€14.8 million) and thereby continues to focus its property portfolio in line with the corporate strategy and transaction plan. ...

Mercure opens its first hotel in Romania (RO)

Mercure, a midscale brand of Accor, the world’s leading hotel operator, opens its first unit in Bucharest at the beginning of November. The hotel is located in the very heart of the city, in the pro ...

Mansfield Leisure Park signs up Bella Italia, Chiquito and Nandos, Nottinghamshire (UK)

Legal & General Property (LGP) announces that it has successfully won its planning appeal to extend and enhance Mansfield Leisure Park as it unveils the three restaurant operators due to take new ...

Topland funds €44 million hotel for Marick Capital (UK)

In a recent move into hotel development funding Topland has provided a £20 million (€25 mln) finance facility to Marick Capital, for a hotel in London’s Docklands. Topland has committed to ...

Algonquin sells premises and business of two hotels located in Reims (FR)

Algonquin completed the sale of the premises and the business of two hotels operated by international brands and located in the center of Reims, France. Holiday Inn Reims Centre: the 82-room, f ...

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