Bob W ramps up European expansion
Bob W, the tech-powered hospitality operator, has signed a long-term lease agreement to transform 4,500 sqm of an Athens office building into 130 design-led serviced apartments. The operator has...
Category: Hotels
IHG Hotels acquires Ruby, its 20th brand, and targets global expansion
InterContinental Hotels Group PLC (IHG) has acquired from Ruby SARL the RubyTM brand and related intellectual property for an initial purchase consideration of €110.5 million. Ruby is a premium...
The Ritz-Carlton Residences Istanbul Launches Skyline Collection
BLG Capital, a real estate private equity firm specializing in luxury hospitality and real estate worldwide, announced the launch of the Skyline Collection at The Ritz-Carlton Residences, Istanbul. As...
Forty Management Acquires Land for €100 million Lagoon City Project
Forty Management has started the development of Lagoon City in Seville, Spain, following an investment with a gross development value of more than €100 million. The project’s first phase...
Bob W secures three new properties from H’Otello/H’Apato
Bob W, the tech-powered hospitality operator, has signed long-term lease agreements to convert two former hotels and an aparthotel in Munich into Bob Ws as it accelerates its expansion...
Spark by Hilton Enters the Polish Market with Two New Hotels
Hilton has announced the opening of two new Spark by Hilton properties in northern Poland under a franchise agreement with Grupa Hotele Polskie. This marks the national debut of...
Invesco Acquires Hotel in Gdansk
Invesco Real Estate has acquired the 327-bed Cloud One Hotel Gdańsk in Poland on behalf of a German separate account mandate. The property was purchased from Granaria Development Gdańsk,...
Hilton Enters the Republic of Moldova’s Market with a €5 Million Investment
The international Hilton brand is set to debut in the Republic of Moldova’s hospitality market by opening its first hotel in Chișinău. This marks a significant step in strengthening...
Crowne Plaza Podgorica set to open by the end of 2024
IHG Hotels & Resorts (IHG) announced the signing of Crowne Plaza Podgorica – its seventh hotel in Montenegro, and second in the capital city. The converted property, owned by...
Bob W to operate across all Nordic capitals
Bob W, the tech-powered hospitality provider, has signed a lease for its first property in Sweden, marking a major step in its European expansion and completing its presence across...
S IMMO sells hotel in Prague
As part of its prudent investment strategy, S IMMO has once again completed a sale. The Julis Hotel in Prague, with a total leasable area of around 6,700 sqm,...
Nrep acquires one of Stockholm’s largest hotels
Nrep, Urban Partners’ real estate investor, has announced that its Nrep NSF V Fund has completed the acquisition of one of Stockholm’s largest hotels, Clarion Hotel Stockholm, from Aspelin-Ramm...
