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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 ...

452-room luxury hotel to be built at the O2 Arena (UK)

Queensgate Investments Fund I and a number of private investors (the 'Consortium') announce the creation of a $450 million (approx. €336 million) Joint Venture which has exchanged contracts with Ans ...

Jones Lang LaSalle: Worldwide hotel transaction volume to hit $32 billion in 2013

Jones Lang LaSalle's expects worldwide hotel deal volume to reach $32 billion (approx. €24.1 billion) in 2013, as increased transparency around the world gives way to a more globalized arena for inve ...

Alvarez & Marsal advises Maybourne Hotel Group on debt refinancing (UK)

Alvarez & Marsal (A&M), the global independent professional services firm, has advised London based Maybourne Hotel Group on its successfully completed planned refinancing. This has enabled th ...

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