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Hospitality news

CEE hotel market growth to continue even if peaking now - conference

East European hotel occupancy and room revenue growth has been steady over the last few years and the market will rise further in the (...)

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 (...)

Fund mgr Aerium finalises €694m refinancing of 11 assets and portfolio across Europe

London-based real estate fund manager Aerium has finalised the €694m refinancing of 11 assets and portfolio across Europe with several major European banks, saying it was (...)

Thailand’s Minor launches €2.5bn takeover bid for Spain's NH hotels

Thailand-based hotel group Minor International, one of the largest hotel groups in Asia-Pacific, is launching a full takeover bid for Spain's listed NH Hotel group in a (...)

French rail, air strikes deal heavy financial blow to travel, events

French rail and airline strikes have dealt a heavy financial blow to travel and event industries in the nation, reaching €1bn in lost travel (...)

French Immochan is second in week to change name, rebranding as Ceetrus

A second French property firm in a week has announced a change of name. Immochan, the manager and owner of shopping centres anchored by (...)