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Hospitality

Hospitality 13/11/2018

CBRE GIP, UK's Pygmalion add Spanish hotels for new Euro hospitality JV

CBRE Global Investment Partners and UK opportunistic hospitality manager Pygmalion Capital Advisers have acquired nine 4-Star city hotels in Spain for a joint venture (...)

Hospitality 09/11/2018

The rationale for a pan-European hospitality strategy

Europe, the largest playground to gain exposure to hospitality 2017 was another record year for international tourism with 1.323bn visitors of which 51% came to (...)

Hospitality 02/11/2018

Merkel's twilight of gods moment may bring 'German Macron' to power

As German Chancellor Angela Merkel steps back from power, the twilight of the gods has begun. But while it will sweep away many of (...)

Hospitality 25/10/2018

Burgundy capital Dijon plans campaign to attract Chinese tourists

The city of Dijon in southeastern France aims to become a flagship destination for Chinese tourists traveling between Paris and Geneva, focusing on the gastronomy and (...)

Hospitality 24/10/2018

Generali adds mixed-use in Madrid as diversification, growth continues

Less than a month after making its first acquisition in Denmark, Italy's Generali Real Estate has added a mixed-use asset in Madrid, Arenal Cuatro, (...)

Hospitality 22/10/2018

Europe still offers core, value-add opportunities in specific markets, sectors - Savills

Office, standing stock, developments or refurbishments, continues to offer opportunities for core and value-add real estate investors in Europe, says adviser Savills. In value-add (...)

Hospitality 19/10/2018

Covivio Hotels targets seven Euro cities, profit over 30%, best use

French REIT/SIIC Covivio has pared hotel holdings to 400 and now targets seven European cities, operating profit of over 30% and cooperation with operators (...)

Hospitality 16/10/2018

Henderson Park closes €550m Paris Westin buy with CACIB financing

London-based private equity investor Henderson Park has completed the €550m purchase of the Westin Paris-Vendôme hotel in Paris from Singapore sovereign GIC, securing senior (...)

Hospitality 10/10/2018

Expo Real 2018 closes after 6% rise to record 44,536 visitors

Live from Expo Real (Munich) - Munich's Expo Real, the largest real estate trade fair in Europe, ended its annual three-day session Wednesday after (...)

Hospitality 10/10/2018

"France is very focused on innovation"

Business Immo: How is French PropTech developing? Régis Chemouny: Investments in PropTech are expected to reach $ 20 billion worldwide in 2020, compared to $ 12 billion (...)

Hospitality 10/10/2018

UK’s EasyHotel to open 50 hotels in France, Germany, Spain

Business Immo: What is EasyHotel’s development plan for Europe ? Marc Vieilledent: At the time of its entry on the London Stock Exchange in 2014, (...)

Hospitality 08/10/2018

France surges ahead on the global stage

Associated for a long time to rigid labor laws and social immobilism that hindered its economy, France elected 39 years old liberal ex-banker Emmanuel Macron, (...)

Hospitality 05/10/2018

Hamburg's Union acquires four economy hotel projects in forward purchase

Hamburg-based Union Investment has acquired a portfolio of four economy hotel projects in a forward purchase agreement. Seller was the developer benchmark REAL Estate (...)

Hospitality 02/10/2018

Launch of iread to provide Big Data research for global real estate industry

iread - Real Estate Research Analysis Data - is pleased to announce the launch of its new Europe-wide research and advisory service using Big (...)

Hospitality 25/09/2018

AXA completes Tour Paris-Lyon office-hotel redevelopment

AXA Investment Managers-Real Assets has completed transformation of a 19-storey office tower near the Gare de Lyon in Paris into the Tour Paris-Lyon hotel, (...)

Hospitality 20/09/2018

French manager Corum adds six Finnish hotels for fund

Paris-based real estate asset manager Corum has acquired a portfolio of six hotels across Finland from CapMan Hotels RE for around €70m, acting on behalf of its fund Corum Convictions (...)

Hospitality 18/09/2018

Spain's commercial real estate to stay on growth course - Deutsche Hypo

Spain's positive economy is providing its real estate market with an ongoing tailwind, and office, retail, hotel and logistics are on a growth trajectory (...)

Hospitality 06/09/2018

European hotels eye doubled global middle class in 20 years - EPRA

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, (...)

Hospitality 06/09/2018

Spain's Azora eyes more hotel investments after Hispania sale to Blackstone

Azora, the Madrid-based investment manager that built and then sold Spanish REIT Hispania to Blackstone, aims to invest further in resort hotels but is (...)

Hospitality 06/09/2018

Airbnb more threat to rented residential than hotel sector - EPRA panel

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, (...)