PATRIZIA acquires ARCOTEL Camino in Stuttgart (DE)

PATRIZIA Immobilien AG has acquired the famous ARCOTEL Camino in Stuttgart. The four-star hotel, built in 2007, was bought for a special real estate fund. The seller is a subsidiary of HCI Development ...

Polish Undersecretary of State, Ministry of Sport and Tourism to speak at Leaders in Hospitality CEE & CIS Summit (PL)

Tourism accommodation in Poland is changing rapidly. According to the Ministry of Sport and Tourism of the Republic of Poland, the number and the quality of hotels in recent years have increased signi ...

Union Hanover acquisition enables first Urban Villa to begin trading In November at GWQ In West London (UK)

Union Hanover Securities will have its first extended-stay Urban Villa hotel trading in November after it acquired 100 serviced apartments from Barratt London at its Great West Quarter (GWQ) scheme in ...

IHG® signs the first internationally branded hotel in Stavropol, Russia (RU)

InterContinental Hotels Group (IHG®), one of the world’s largest hotel companies today announced the signing of Holiday Inn® Stavropol - the first internationally branded hotel in the city.  IHG ...

IHG® expands in Greater London as it signs six brands into its portfolio (UK)

InterContinental Hotels Group (IHG®) announced the signing of two further hotels in London with the Hotel Indigo® London - Barbican and Holiday Inn® - Watford Junction. As a result, over the last n ...

GRI: Join the World's Leading Real Estate Investors, Developers & Lenders

150+ leading investors, developers and lenders active in UK & Europe will get together on 29-30 April for the Global Real Estate Institute’s annual British GRI meeting. The event is the GRI’s ...

RBS and Patron Capital save five hotels from administration (UK)

RBS Real Estate Asset Management (“RBS”) has saved over 130 local jobs and prevented the immediate closure of five hotels in East Anglia after their tenant filed for administration late last month ...

Peab to build Smarthotel in Hammerfest (NO)

Peab Norwegian subsidiary Björn Bygg has been contracted to build a Smarthotel in Hammerfest in Norwegian Finnmark. The client is Smarthotel Hammerfest Eiendom AS and the contract amounts to NOK 118 ...