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Hospitality news

Full hotel pipelines mean Europe looks to further market growth

The European hotel market is on track for growth thanks to a rise in tourist demand last year, says Hamburg-based adviser Engel & Völkers, with (...)

Marian Herman takes over as CEO at Slovakia-based HB Reavis

Slovakia-based, European developer and investor HB Reavis has appointed Marian Herman as new chief executive in a planned succession to Pavel Trenka who completes an agreed term of (...)

One of Frankfurt's 'eyesores' finally bought for redevelopment - in 2022

One of Frankfurt's property 'eyesores' has finally been bought for redevelopment - the old police presidium, well known by thousands of trade fair visitors (...)

Finnish property returns rise to 6.6%; hotels top asset types - KTI

Finnish property investments delivered a total return of 6.6% in 2017, up from 6.2% in 2016, though income return continued to fall, says the KTI research (...)

UK's Whitbread buy of 19 German hotels for Premier Inn said at €280m

British largest hospitality group Whitbread is acquiring 19 German hotels - some still in development - from Berlin developer Foremost Hospitality which it aims to rebrand (...)

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. (...)