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Starwood Capital Group acquires Four Pillars Hotels (UK)

A fund affiliated with Starwood Capital Group has acquired UK hotel owner and operator Four Pillars Hotels. The transaction includes a portfolio of five owned and leased hotels and one managed hote ...

Construction starts on The Heart of Europe project on The World in Dubai (AE)

Kleindienst Group, a leading UAE-based real estate agent and developer with over 30 years’ experience in the international property market, has confirmed that contractors have been mobilized on its ...

Quinn sells Sofia Hilton and Krakow Sheraton for €62 million (BG/PL)

The CEE Investment Team at Jones Lang La Salle Hotels & Hospitality Group has acted as the exclusive sales agents and advisors to Quinn Insurance and its administrators at Grant Thornton Dublin in ...

Union Hanover and Southern Grove get consent for flagship Urban Villa Hotel in London (UK)

Planning permission has been granted, for a joint venture between developers Union Hanover Securities and Southern Grove, to transform a 75,000 ft² (approx. 6,967 m²)office building into a stylish 2 ...

Warimpex sells five-star Le Palais hotel in Prague (CZ)

Warimpex Finanz- und Beteiligungs AG announces the sale of the five-star Le Palais hotel in Prague to a private European investor. The hotel was sold for more than its book value, but the parties agre ...

Jones Lang LaSalle Hotels & Hospitality Group sells Luxury Collection Hotel Bristol in Warsaw (PL)

Jones Lang LaSalle Hotels & Hospitality Group is pleased to announce the sale of the 206-room Luxury Collection Hotel Bristol in Warsaw to a consortium of international private investors who have ...

Union Investment acquires 4-star Meliá hotel in Düsseldorf (DE)

Union Investment has acquired another hotel from Spanish operator Meliá Hotels International in the shape of the Meliá in Düsseldorf. A remaining lease term of 16 years makes the 201-room hotel an ...

MOSAIC HOUSE in Prague undergoes a facelift and celebrates the opening of La Loca Music Bar & lounge (CZ)

The design hotel and hostel MOSAIC HOUSE was founded in 2010 and was the first “green” hotel and hostel in the Czech Republic. It has now undergone a major renovation as well as a “facelift”. ...

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