Extendam has announced the off-market acquisition of a hotel combo combining the Ibis and the Novotel Marne-la-Vallée Noisy-le-Grand. Acquired under "favourable conditions", these hotels, (...)
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 (...)
Sweden's Pandox has paid €83m to acquire two hotel properties - in the Dutch city of The Hague and Germany's Hannover - with a combined total (...)
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 (...)
Just days after ceding control of a €4.6bn portfolio, the Paris-based global hospitality group AccorHotels has announced a strategic partnership with budget hotel firm Dalmata Hospitality to bolster (...)
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. (...)