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Foruminvest invests in Milan hotel development (IT)
Foruminvest invests in Milan hotel development (IT)

Foruminvest Italia has signed the preliminary purchase agreement for a land plot of 1.15 ha for hotel development of 240 rooms and 120 parking spaces. The seller is Villa Carmen Srl, an Italian ...

RIU reopens 54 hotels worldwide
RIU reopens 54 hotels worldwide

The RIU chain is preparing for the summer season by reopening 54 hotels in 16 countries following the suspension of tourism due to COVID-19. The hotel company gradually began ...

Ramada by Wyndham grows its Spanish portfolio
Ramada by Wyndham expands its Spanish portfolio

Wyndham Hotels & Resorts continues its expansion in Spain with the upcoming openings of Ramada by Wyndham Madrid Tres Cantos and Ramada by Wyndham Valencia Almussafes. Following the ...

Henderson Park and Hines acquires Greek hotel portfolio
Henderson Park and Hines acquires Greek hotel portfolio

Henderson Park and Hines have acquired a portfolio of five hotels on the popular Greek island of Crete. The purchase, comprising two separate transactions, marks the joint venture’s second ...

Ibis Styles expands in Bucharest (RO)
Ibis Styles expands in Bucharest (RO)

New ibis Styles Bucharest City Center, located on 146 Stirbei Voda Street, Bucharest, at the very heart of the Romanian capital, opens its doors on June 22nd. The hotel offers 152 rooms, a conference ...

Radisson grows its Polish portfolio
Radisson grows its Polish portfolio

Radisson Hotel Group is expanding its Polish portfolio to 14 properties with the launch of the Radisson Blu Hotel, Sopot and the Radisson Hotel Szklarska Poręba. ...

Serviced apartments likely to out-perform hotels post COVID-19
Serviced apartments likely to out-perform hotels post COVID-19

Serviced apartments in Europe have not been immune to the Covid-19 crisis but have shown some degree of relative out-performance compared to other hotel sectors, according to latest research by ...

Whitbread raises €1.12bn via rights issue (GB)
Whitbread raises €1.12bn via rights issue (GB)

Whitbread has confirmed the successful completion of its rights issue, launched on 21 May 2020, raising €1.12bn (£1bn) with an acceptance rate of over 91%.   Alison ...

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