Sweden's listed hotel specialist Pandox is paying €103m to acquire three properties with a total 565 rooms in Germany, located in Augsburg, Erfurt and Dortmund. The hotels (...)
Wiesbaden-based Aareal Bank has provided a five-year financing of €447m for a European hotel portfolio managed by Swedish hotel property company Pandox. The portfolio comprises 14 (...)
European hotel investment has gone from a small sector to a mega-industry and, with the global middle class expected to double in 20 years, (...)
Airbnb and other similar internet-based lodging platforms pose no real threat to the hotel industry but more to rented housing in the major cities, (...)
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