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HIG Capital acquires hotel in Basel (CH)
HIG Capital acquires hotel in Basel (CH)

HIG Capital has acquired a 238-room hotel property previously housing the Swissotel Basel. The property will undergo a major renovation program and a rebranding. The purchase price was not ...

Accor to open its first Tribe hotel in Hungary
Accor to open its first Tribe hotel in Hungary

Accor, in partnership with Futureal, has signed the first TRIBE hotel in Hungary. The 250-room hotel will open in Budapest at the end of 2023. The project is a major milestone in ...

Commerz Real acquires Intercity Hotel in Lubeck (DE)
Commerz Real acquires Intercity Hotel in Lubeck (DE)

Commerz Real has acquired a hotel that is to be newly built at Lubeck central railway station through its Luxembourg-based “Commerz Real Institutional European Hotel Fund” from the ...

Deutsche Hospitality grows its presence in Switzerland
Deutsche Hospitality grows its presence in Switzerland

Deutsche Hospitality has unviled plans for a further Zleep Hotel in Switzerland. The Zleep Hotel Lausanne in the municipality of Chavannes-près-Renens is the second venture to be announced in ...

Union Investment acquires London aparthotel development for €60m (GB)
Union Investment acquires London aparthotel for €60m (GB)

Union Investment is expanding its long-stay hotel portfolio with the latest acquisition of the Wilde by Staycity hotel development in London. The 14-storey aparthotel, due to complete in November ...

IHG opens new Holiday Inn Resort in Szklarska Poreba (PL)
IHG brings its Holiday Inn Resort brand to Szklarska Poreba (PL)

IHG Hotels & Resorts has signed Holiday Inn Resort Szklarska Poreba in Poland, in partnership with AKME Wisniewski Szklarska Poreba. Expected to open in 2022, Holiday Inn Resort ...

4,500 Dublin hotel rooms to be delivered by 2023 (IE)
4,500 Dublin hotel rooms to be delivered by 2023 (IE)

24 new hotels, comprising 4,500 rooms, will be delivered in Dublin by the end of 2023, according to property advisor, Savills Ireland. 2,100 rooms will complete by the end of this year, with 1,600 ...

FREO to invest €400m in Spanish hotels
FREO to invest €400m in Spanish hotels

FREO Group has launched a new platform aiming to invest €400m in hotels in Spain on behalf of institutional capital. FREO is currently under exclusivity on a number of transactions, with a ...

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