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Hospitality news

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 (...)

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 (...)

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, (...)

Alternatives to double European listed RE cap to €500bn in 5 yrs - Kempen

Large and accelerating investment into alternative real estate segments will double the size of the FTSE EPRA Nareit Developed Europe real estate index to (...)

€3bn Paris La Défense Hermitage project passes last legal hurdle

After 10 years in preparation the massive €3bn Hermitage Plaza twin-tower project planned for Paris La Défense has been approved by France's highest legal (...)

AccorHotels drops Air France plan; Colony offers for 7% more in AccorInvest

Europe's largest hotelier AccorHotels reported a 4.2% rise in first half operating profit to €266m but has dropped plans to buy a stake in (...)

Chinese adviser Gaw takes 50% of €125m Hospes hotels, sets expansion

One of the most influential advisers to Chinese real estate investments abroad, Gaw Capital, has taken a 50% stake of Spanish hotel group Hospes, which it (...)