Business Immo, the real estate website

InterContintental

Hospitality 15/01/2018

Spain's NH hotel firm rejects Barcelo €2.5bn bid, leaves door open to better offers

The Spanish-based NH Hotel Group has rejected an unsolicited €2.5bn takeover bid from resort hotel group Barcelo, saying it would not create shareholder value (...)

Hospitality 06/12/2017

Barcelo's Spanish hotel merger bid for NH synches with Chinese HNA troubles

The sharp rise in tourism to Spain that has brought at least two REITs and numerous funds surging into its hotel sector has sparked (...)