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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 ...

Balfour Beatty awarded £30 million citizenM London hotel scheme (UK)

Balfour Beatty, the international infrastructure group, today announces the award of the £30 million (approx. €34.9 million) London hotel scheme for the citizenM hotel group. The nine storey hot ...

Carlton Group closes Westin Valencia Hotel sale in Spain (US/ES)

Carlton Group has successfully sold 100% of Hotel Alameda Valencia, SLU (Westin Valencia, Spain) on behalf of one of Spain’s biggest financial institutions, Bankia Group. This was a very challenging ...

DoubleTree by Hilton makes Polish debut with latest opening in Lodz (PL)

Hilton Worldwide is opening Poland’s first DoubleTree by Hilton, part of Hilton Worldwide’s upscale brand which features more than 350 hotels globally. Opening at the site of the Lodz Film Stud ...

Hermes Real Estate announces off market acquisition in Whitechapel (UK)

Hermes Real Estate Investment Management Limited (HREIML) announced the completion of the acquisition of Cityside House and Challenger House in Whitechapel. Cityside House is a 54,000 ft² (approx. ...

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