In a further sign of strong demand from Asia for European real estate, the Chinese hotel group Huazhu is paying around €700m to take over Germany's Steigenberger Hotels. A (...)
Paris-based global hospitality giant AccorHotels has launched a takeover bid for the 47.31% stake in Polish hotel firm Orbis that it does not already (...)
Giant Paris-based AccorHotels has agreed to sell 55% in its AccorInvest investment unit to institutions including Saudi Arabia's Public Investment Fund, Singapore's GIC, France's Credit Agricole Assurances and Amundi, and Colony NorthStar. (...)
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