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Orchard Street acquires Travelodge in Manchester (UK)

Orchard Street Investment Management, the specialist commercial property investment manager, has completed on the acquisition of the Manchester Arena Travelodge, on behalf of St. James Place Property ...

HIPARK Résidences continues to develop with the launch of fifth tourism-classified residence (FR)

HIPARK Résidences, a top-of-the-range urban residence, is launching its fifth building on boulevard d’Indochine in the 19th district of Paris. The company’s first residence in Paris, Hipark Pa ...

Balder acquires a Hotel Portfolio for SEK 2,2 billion (SE)

Balder has agreed to acquire a hotel portfolio of 14 hotel properties from Pandox. The purchase price amounts to SEK 2,2 billion (approx. €242,16 million) and covers 127,000 m² and 2,400 hotel room ...

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 ...

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