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Novotel

Hospitality 10/03/2021

Extendam continues to invest in the hotel business off-market

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, (...)

Hospitality 05/11/2019

China's Huazhu group in €700m takeover of Germany's Steigenberger 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 (...)

Hospitality 28/10/2019

Sweden's Pandox pays €83m for two hotels in Netherlands, Germany

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 (...)

Hospitality 27/11/2018

France's AccorHotels in €442m bid for remaining 47% in Poland's Orbis

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 (...)

Hospitality 11/06/2018

France’s AccorHotels signs partnership to boost budget segment

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 (...)

Hospitality 28/02/2018

French Accor agrees to sell 55% stake in hotel investment unit for €4.4bn

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. (...)