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Savills predicts 3.9% capital growth in London's hotel sector in 2012 (UK)

International real estate advisor Savills predicts a 3.9% capital growth increase in London's hotel sector this year with the Olympics boosting operational performance and the Queen's diamond jubilee ...

Savills: Munich real estate market review and outlook (DE)

Munich is one of Europe's most prospering cities with a healthy economic structure, accommodating global players like BMW, Siemens and Allianz as well as numerous innovative small and medium sized com ...

Pullman adds two new hotels in Munich and Eindhoven to its European network (DE/NL)

After opening its eighth German establishment in Munich in January, Pullman inaugurated its first hotel in the Netherlands on February 9. With these two new properties Accor's upscale brand continues ...

Divan Group planning to expand hotel presence to New York, London and more (TR)

Turkey's Divan Group, a part of Koç Holding, is planning to expand its hotel presence to New York, London, Baku, Budapest and Sarajevo, according to Divan Group Chief Executive Officer Marcos Bekhit. ...

Birmingham's Five Ways regeneration continues with Henderson proposal (UK)

No. 1 Hagley Road, the 140,000 ft² (12,970 m²)19 story landmark office tower, is the latest building to benefit from regeneration plans for the Five Ways area, in Birmingham. The building's owners, ...

McAleer & Rushe clear Heathrow hotel for take-off 3 months ahead of schedule (UK)

Leading design-and-build contractor McAleer & Rushe has completed construction work on a 400-bedroom Premier Inn hotel at Heathrow Airport Terminal Five, handing the project over to developer Grov ...

Accor sells Novotel NY under a €160 mln. sale & management-back agreement (FR/US)

As part of its asset management strategy, Accor announces the sale of the Novotel Times Square in New York under a sale and management-back agreement, for a total value of €160 million (€335,000 per ...

Global hoteliers looking for share in Turkish market (TR)

Hoteliers and sector advisors meeting in Istanbul agree that Turkey is on the eve of attracting more and more international brands. The global interest is not limited to Istanbul, but Anatolian cities ...

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