Development Europe - Hospitality Net

December 17, 2021

How can capital gains deferral and reinvestment in boutique or traditional hotels be efficiently reconciled in France?

The recent Covid crisis has highlighted the resilience of the hotel sector in France. An investment in a hotel (as in a boutique hotel) should also be regarded by investors as a “pleasure asset”. When benefiting from the French favourable tax reinvestment regime, what should investors be looking at if they wish to make the switch to hospitality?

By Anne Epinat and Christopher Boinet

France

Press Release

December 15, 2021

Hyde Continues Tremendous Growth with Announcement ff Hyde Paradox Hotel London City

NEW YORK - Hyde Hotels today announced Hyde Paradox Hotel London City, which will be coming soon to the historic location by the Old Bailey in the heart of London. The 110-room property will occupy 15 Old Bailey, a building originally known as the 'Spiers & Pond Hotel'. Built in 1874 by architect Evans Cronk and converted to office use in the early 1900s, the latest re-conversion by Hyde London City owners, OB Capital seeks to return the asset back to the iconic hotel that it once was. This stylish property will provide a sanctuary for those in-the-know seeking a luxurious hideaway while in the city.

Ennismore

London, United Kingdom

Press Release

December 6, 2021

Travelodge is set to open four new hotels in time for Christmas

Last month, Travelodge, the UK’s first budget hotel chain, announced it expects to open a further four new hotels in the lead-up to Christmas, two of these hotels officially opened on the 22nd of November in London’s top growth hotspots - Elephant & Castle and Manor House. Both of these hotels are located in a prime location close to the tube station.

Travelodge

United Kingdom

Press Release

December 1, 2021

Radisson Hotel Group to open 11 Radisson Individuals hotels across Russia

Radisson Hotel Group and Cosmos Hotel Group (part of the AFK Sistema company) signed an agreement under which part of Cosmos Hotel Group’s hotels will benefit from the international hotel chain Radisson Hotel Group, while maintaining their own brand and identity.

Radisson Hotel Group

Russian Federation

Press Release

November 17, 2021

The AHC Will Gather Senior Leaders from across the UK Hospitality Sector

Questex’s The Annual Hotel Conference (AHC) is the UK’s leading hospitality event where leaders, movers and shakers gather to share insight, knowledge and debate the issues affecting the industry. Up to 1,000 delegates are expected to attend the event at the Manchester Central Convention Complex for the first in-person conference since 2019.

Questex

United Kingdom

Press Release

November 12, 2021

Wyndham to Reach 90 Hotels in Turkey with Seven New Openings

Wyndham Hotels & Resorts, the world’s largest hotel franchising company with approximately 9,000 hotels across nearly 95 countries, today announces plans to add seven more hotels to its portfolio in Turkey, cementing its position as the largest hotel company in the country by number of properties.

Wyndham

Turkey

Press Release

October 11, 2021

IHG Hotels & Resorts continues to expand presence in Italy

IHG Hotels & Resorts, one of the world’s leading hotel companies, is making strides against its expansion strategy in Italy, as it opens three new hotels and signs a further two in 2021, doubling the size of its premium and lifestyle portfolio in the region.

IHG

Italy

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Press Release

September 29, 2021

The coast with the most – IHG Hotels & Resorts announces five new properties set to open in Coastal France

IHG Hotels & Resorts, one of the world’s leading hotel companies, is expanding its presence in one of its primary markets of France, with four new hotel signings and an exciting opening. Situated on France’s charismatic coastline, the five-strong collection of new properties bring three of IHG Hotels & Resorts’ brands to the region for the first time, including Staybridge Suites, Holiday Inn Express, Crowne Plaza and Hotel Indigo.

IHG

France

Press Release

August 24, 2021

limehome expands into the Netherlands and extends international market presence

The digital hotel concept limehome is expanding its presence in the European market and opens their first apartments in the Netherlands at Keizerstraat 327 in Scheveningen, The Hague, in August 2021. Limehome is thus entering the Dutch hospitality market for the first time. Deluxe, Superior and Standard Suites are spaced over two floors. In the long term, approximately 5,000 additional units are planned in the Netherlands.

limehome GmbH

Scheveningen , The Netherlands

Press Release

August 19, 2021

Marriott International Continues Growth in Turkey with 10 Anticipated Openings by the End of 2022

Marriott International, Inc. (NASDAQ: MAR) announced plans to expand its portfolio in Turkey with the expected opening of 10 properties by the end of 2022. With the anticipated openings, the company’s portfolio in Turkey is expected to encompass 43 properties with over 7,000 rooms across eight markets by the end of 2022. Reinforcing its long-term focus on the market, the company also announced two recent deal signings under the Four Points by Sheraton brand.

Marriott

Turkey

Supplier News

August 17, 2021

Mercure Timisoara Adopts VingCard Allure Locks With Mobile Access by ASSA ABLOY Global Solutions to Provide Guests With Latest in Smart Room Convenience and Modern Hotel Design

ASSA ABLOY Global Solutions with its leading expertise in hotel security and guest experience innovation, has been selected by the Mercure Timisoara to provide its guests with the highest standard in safety, convenience and personalization with the implementation of VingCard Allure door locks and Mobile Access. Recently opened to guests and providing several firsts for the Romanian hospitality market including the obtaining of BREEAM certification, Mercure Timisoara with the addition of VingCard Allure is further able to achieve its goal of blending traditional Romanian-inspired décor with the latest in modern and smart room innovation that the industry has to offer.

Vingcard | ASSA ABLOY

Timisoara, Romania

Press Release

July 26, 2021

FREO to invest €400 million in Spanish hotels

FREO Group, the trusted operating partner of global investors that provides unrivalled access to on-the-ground real estate experts in Europe, the UK and the US, has launched a new platform aiming to invest €400 million in hotels in Spain on behalf of institutional capital.

FREO Group

Spain

Opinion Article

July 6, 2021

Key Trends To Consider When Investing In Swiss Ski Resorts

The Swiss Alps have always been a popular tourist destination, with demand for reservations at ski resorts, restaurants, and other hospitality-oriented businesses in the mountains seeing a sharp increase in recent seasons.

By Pierre Verbeke

Switzerland

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Press Release

June 28, 2021

Breakthrough Hospitality Pioneers edyn Announce The Launch Of Next Generation Serviced Apartment Brand, Cove.

Pioneering hospitality leader edyn announced today that it will further enhance its portfolio with the launch of a new serviced apartment brand, Cove. The launch underscores both edyn’s resilience and optimism, as the forward-thinking group continues to evolve its extended stay portfolio, which includes disruptive lifestyle aparthotel brand, Locke.

edyn

United Kingdom

Press Release

June 17, 2021

Hilton Celebrates Return to Leisure Travel in France with Six New Hotel Openings

As travel restrictions ease in France, Hilton (NYSE:HLT) is continuing its rapid expansion across the country with the launch of its Tapestry Collection by Hilton and Canopy by Hilton brands in Paris, as well as opening new hotels in Tours and Le Havre.

Hilton

France

Opinion Article

May 31, 2021

Is Opening A Hotel In A Swiss Ski Resort A Good Investment?

Five years ago, the future of Swiss winter ski resorts was somewhat dim, after consecutive winter seasons with little to no snow and despite a relatively stable number of tourists. There was a perception at that time that existing resorts would be required to transition into four-season resorts simply to continue to exist. That dim view became somewhat rosier, when the snows returned and top resorts saw the return of skiers in record numbers of visitors for the next three winters, climaxing in 2019.

By Pierre Verbeke

Switzerland

Press Release

May 20, 2021

Whitbread Presses On In Dublin With Three Premier Inn Hotels Under Construction

Whitbread, the owner of Premier Inn, the UK’s largest hotel business, is pressing on with its expansion plans in Dublin city centre with three of its five pipeline hotels currently under construction.

Whitbread PLC

Ireland

Press Release

May 11, 2021

Travelodge To Open 17 New Hotels In 2021, Creating Over 360 New Jobs Across The UK

Travelodge announces it expects to open 17 new hotels across the UK in 2021, creating 360 new jobs and growing its hotel network to 597 locations in the UK, Ireland and Spain.

Travelodge

United Kingdom

Press Release

April 15, 2021

Hyatt Announces The Opening Of Three Hotels Under The JdV By Hyatt Brand In Sweden

Hyatt Hotels Corporation (NYSE:H) today announced the opening of three boutique hotels in Sweden under the JdV by Hyatt brand. Story Hotel Riddargatan and Story Hotel Signalfabriken in Stockholm, and Story Hotel Studio Malmö in Malmö, Sweden– all join Hyatt's independent collection portfolio, significantly increasing Hyatt's brand presence in Sweden. The three hotels join Hotell Reisen bringing the total number of Hyatt properties in the country to four.

Hyatt

Sweden

Press Release

April 13, 2021

Stoneweg Consolidates Hospitality Expertise Into Dedicated Platform And Appoints Miguel Casas To Position Of Managing Director

Stoneweg, the real estate investment adviser and asset manager with operations and capabilities across Europe and the United States, has consolidated its specialist management and advisory capabilities in the hotels sector into a dedicated platform, Stoneweg Hospitality, as it prepares to take advantage of market dislocation and further expand its activity in the sector. Miguel Casas has been appointed to the newly created position of Managing Director, Stoneweg Hospitality, with responsibility for leading the business' focus on the sector.

STONEWEG

Switzerland