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IMMOFINANZ sells Hilton Vienna Danube for €48.4 million (AT)

IMMOFINANZ Group announced the closing of the sale of the Hilton Vienna Danube for €48.4 million to a subsidiary of Internos Real Investors Kapitalanlagegesellschaft, Frankfurt am Main. This transac ...

Accor appoints Sébastien Bazin as Chairman and CEO (FR)

The Board of Directors of Accor that convened on August 27, 2013, chaired by Philippe Citerne, decided to appoint Sébastien Bazin as Chairman and CEO of Accor. To take on this new role, Sébastien ...

Starwood Hotels & Resorts continues expansion in Russia and CIS with the debut of Aloft Hotels in Kiev (UA)

Starwood Hotels & Resorts Worldwide, Inc. announced the signing of Aloft Kiev, which will mark the entrance of Aloft Hotels into Ukraine when it opens in 2015. Created to shake up the staid and tr ...

Green light for catering cluster at intu Victoria Centre (UK)

Nottingham City Council has approved intu’s planning application for a catering cluster at intu Victoria Centre, marking a significant step forward in intu’s £40 million (approx. €46.8 million) ...

Admiralty Arch in London to be converted to a five-star hotel (UK)

Westminster City Council (WCC) has granted planning permission to developers Prime Investors Capital (PIC) to renovate the former office space into a five-star hotel, residences and private members’ ...

CBRE Hotels sells the Hilton Garden Inn Luton (UK)

CBRE Hotels EMEA announced the sale of Luton’s premier business hotel – the Hilton Garden Inn Luton, purchased by The Cowell Group. The sale of the Hilton Garden Inn was negotiated by CBRE Hotels ...

Marriott to sell three EDITION hotels for $800 million

Marriott International, Inc. has recently entered into a non-binding letter of intent for the sale of three EDITION hotels subject to long-term management agreements. The three hotels (located in Lond ...

Generator acquires new properties in Paris and Rome and secures €150 mln additional investment (FR/IT)

Generator, the award-winning group of urban design hostels, has acquired two further sites in Paris and Rome as part of its on-going European rollout. The Paris site will be the brand’s largest to d ...

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