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Starwood to open 50 new hotels across the Middle East and Africa in the next five years

Starwood Hotels & Resorts Worldwide, Inc. is strengthening its position as the leading hotel operator across the Middle East and Africa (MEA)region with an existing portfolio of 82 hotels, represe ...

Union Investment acquires first hotel in Barcelona with 20-year lease (ES)

Union Investment Real Estate is continuing to expand in the European hotel investment market. The Hamburg-based real estate fund management company has now acquired the Barceló Raval, a four-star hot ...

Jones Lang LaSalle sells Ibis the Hague for €15.5 million (NL)

On behalf of Aprirose Real Estate Investment, Jones Lang LaSalle’s Hotels & Hospitality Group is pleased to announce the sale of the Hotel Ibis Hague City Centre, the Netherlands, to the Interno ...

EfTEN Real Estate Fund acquires hotel Palace in Tallinn (EE)

EfTEN Real Estate Fund and Vello Kunman's AS Esraven purchased the property and operator of hotel Palace, situated at Tallinn Freedom Square, as a joint investment from Scandic Hotels AB.Viljar Arakas ...

ARTIC continues to expand hotel portfolio with acquisition of two hotels in Berlin (QA/DE)

Al Rayyan Tourism and Investment (ARTIC), the international hospitality subsidiary of Al Faisal Holding Company, one of Qatar's largest private diversified industry groups, has today announced the sig ...

Pullman undertakes major refurbishment of five hotels in Paris (FR)

The figures are impressive, with 2,500 rooms and 26,000 m² of public areas refurbished and renovations that will last 30 months, and reflect the sheer scale of the project. Pullman has launched this ...

Record entries for MIPIM Awards 2013

The 2013 edition of the MIPIM Awards has attracted a record number of entries with 175 projects from 46 countries competing. Following jury deliberations in Paris on January 29, the United Kingdom has ...

JLL to sell Sheraton Kraków and Hilton Sofia Hotels (PL)

Lang LaSalle Hotels & Hospitality Group have been appointed as sole exclusive agent to offer for sale the freehold interests in the five star 232 guestroom Sheraton Kraków and the five star 245 g ...

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