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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 (...)

Madrid's Parques Reunidos pays €226m for German indoor water park

Madrid listed leisure property group Parques Reunidos is to pay €226m to acquire the indoor water park Tropical Islands south of Berlin from Malaysian listed firm (...)

French Senate approves 15% tourist, 10% office tax for Greater Paris

France's Senate has approved creation of a 15% tourist tax for the Greater Paris region to finance the Grand Paris driverless metro network, and (...)

France's AccorHotels in €442m bid for remaining 47% in Poland's Orbis

Paris-based global hospitality giant AccorHotels has launched a takeover bid for the 47.31% stake in Polish hotel firm Orbis that it does not already (...)

Spain's Bankinter wins green light for Atom Hotels float at €265m mkt cap

Atom Hoteles, a Spanish hotel REIT/SOCIMI sponsored by lender Bankinter, is to list on Spain's MAB junior exchange at a price of €10.66 per share to (...)

Blackstone said in €290m Spanish mall purchase from Neinver

US wealth management giant Blackstone is reported to be finalising acquisition of 37 logistics centres in Spain for €290m owned by outlet firm Neinver and Colony (...)

Mexico's Sanginés-Krause said paying €210m for Madrid luxury hotel

Mexican millionaire Allen Sanginés-Krause, former senior executive of Goldman Sachs, is reported to be paying €210m to acquire Madrid's luxury Hotel Villa Magna via (...)