A summary of European hotel transactions provided by HVS
Source: New feed
Author: hotelprojectdata
Radisson Blu Hotel to Open 2026 in Paris' Triangle Project
Spread over six floors, the 128-room Radisson Blu hotel will be part of the Triangle project, scheduled to open in 2026.
Source: New feed
Jumeirah Group Double Its Portfolio by 2030
Plans include upweighting its presence in Europe, leveraging its strong base in London, Capri, Mallorca and Geneva to acquire luxury properties in other major cities as well as exploring opportunities in the US.
Source: New feed
Scandic to Open Hotel in Nuremberg, Germany
Scandic has signed a long-term, revenue-based lease agreement with landlord Pandox to take over a hotel in Nuremberg, Germany, during the first quarter 2024.
Source: New feed
The Indian Hotels Company Limited Signs Vivanta Hotel in Itanagar, Arunachal Pradesh
The 150 keys hotel is strategically situated at a driving distance from the Donyi Polo Airport.
Source: New feed
Choice Hotels Completes Radisson Hotels Americas Integration Following Acquisition in August 2022
Choice Hotels International, Inc. (NYSE: CHH) announced today that it has completed the integration of the Radisson Hotels Americas business, transitioning nearly 600 hotels to Choice's franchise system and digital platforms.
Source: New feed
Global Travel and Tourism Sector Deal Activity Down by 32.7% YoY During January – November 2023
A total of 666 deals (mergers & acquisitions (M&A), private equity and venture financing) were announced in the travel and tourism sector globally during January-November 2023, which is a year-on-year (YoY) decline of 32.7% compared to the announcement of 989 deals during the same period in the previous year, finds GlobalData.
Source: New feed
Voco Amritsar Airport Hotel to Open Decmeber 2024 in India
IHG Hotels & Resorts has signed a management agreement with A.R Resorts & Hotels Pvt Ltd to develop a new hotel in the city of Amritsar – voco Amritsar Airport. The 139 key hotel is set to open its doors to travellers in December 2024.
Source: New feed
Staybridge Suites Mina Al Arab on Hayat Island Announced for United Arab Emirates
The 156-key Staybridge Suites Mina Al Arab will offer studio, one and two-bedroom appartments blending contemporary design with spacious layouts.
Source: New feed
Swissotel to Open in Dushanbe, Tajikistan in 2028
Accor announces the signing of its first hotel in Tajikistan
Source: New feed