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Starwood Hotels & Resorts to acquire stake in Design Hotels AG from Arabella Hospitality SE (DE)

Starwood Hotels & Resorts Worldwide, Inc. has announced the signing of an agreement with Arabella Hospitality SE (Arabella), one of Starwood's longtime partners in Germany, to acquire 49.8% of the ...

Union Investment secures option on first Motel One in Brussels (DE/BE)

Union Investment has secured an option to acquire the shares in Royale 120 New Building SA and Royale 120 SA, two Belgian companies engaged in the development of the first hotel operated by Motel One ...

Pramerica and Paris Inn Group form €60-mln. JV to invest in Paris hotels (UK/FR)

Pramerica Real Estate Investors and Paris Inn Group announce that they have formed a new joint venture company to invest in Paris hotels and that they have acquired the JV's two first hotels for more ...

Morgans Hotel Group closes on sale of London hotels (US/UK)

Morgans Hotel Group Co., the operator and 50% owner of the London joint venture that owns Sanderson and St Martins Lane, has announced that the joint venture partners have closed on the sale of the Sa ...

Heijmans acquires contracts for Eindhoven Airport and the Jozefzorg/Satijnhof complex in Tilburg (NL)

Heijmans will be developing two projects under contract to Eindhoven Airport NV, namely the expansion of the terminal and the construction of a new 120-room hotel.Heijmans Non-residential Building wil ...

Quintain achieves further progress with sales program (UK)

Quintain announces that contracts have been exchanged regarding the sale of the Plaza Hotel, Wembley, to Sojourn Hotel Group.The sale price of £15 million (approx. €17.5 million) includes a payment ...

New Aloft hotel sees McAleer & Rushe deliver 12,000 rooms (UK)

Northern Irish developer and contractor McAleer & Rushe has completed its second UK hotel for Starwood Hotels & Resorts. The Aloft London Excel. ...

CA Immo: Meininger hotel completed in Vienna (AT)

The opening of the Franz hotel on Rembrandtstrasse, part of the MEININGER chain, has been celebrated. The lease agreement for the 131-room hotel will run for 20 years. ...

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