Whitbread purchases Manchester City Centre development site
Whitbread PLC, the UK’s largest hotel business and owner of Premier Inn, has purchased a consented hotel development site on the edge of Manchester’s Northern Quarter from Premcor.
Development
NUMA Group expands in Denmark in partnership with Invesco Real Estate
NUMA Group, Europe’s leading operator of a fully digital hospitality brand, is delighted to announce its expansion into Denmark. NUMA is launching in the Danish capital, Copenhagen, with 36 newly built units in the trendy Nørrebro district.
Co-living Brand Joivy grows UK team to support expansion plans
Europe’s first platform to combine residential solutions with services for property owners and investors, Joivy, has announced that William Parry has become its general manager for UK and Ireland having previously been its short term rental subsidiary, ALTIDO’s CEO with immediate effect.
Meliá Will be Unveiling the First 5-Star Hotel in the Historic Center of Cadiz City
Meliá Hotels International, Spain's leading hotel company and a global hospitality giant, has announced the signing of its 28th hotel in Andalusia (Spain). This property is slated to be the premier luxury five-star hotel in the historic center of Cadiz city, operating under the distinguished Meliá Collection brand. The hotel's launch is scheduled for 2026 and will involve the transformation of two adjacent architecturally protected buildings on Alameda Apodaca, nestled between Zorrilla and General Menacho streets. These buildings, located in the San Carlos neighborhood and parallel to the sea, will give rise to this boutique hotel.
Starwood Capital Acquires Portfolio of Ten Hotels From Edwardian Group
Starwood Capital Group (“Starwood Capital”), a global private investment firm with a primary focus on real estate, announced that a controlled affiliate has acquired a portfolio of 10 hotels from Edwardian Group for an undisclosed sum via an off-market transaction.
R Collection Hotels Expands Portfolio with Two New Italian Mountain Retreats
R Collection Hotels, owned by the Rocchi Family, announces its expansion into two distinguished mountain destinations with the official grand opening of two prestigious leisure hotels: Montana Lodge & Spa in La Thuile and Grand Hotel Courmayeur Mont Blanc in Courmayeur. Both properties are 5-star boutique retreats nestled along the northern border between Switzerland and France.
NUMA secures flagship asset in the Golden Triangle of Paris with ANAXAGO CAPITAL
NUMA Group, Europe's leading operator of a fully digitized hospitality platform, today announced a new property in a prime location in Paris. Located in the “Golden Triangle” of Paris, in the 8th arrondissement at 37 rue Marbeuf, right in the heart of the French capital, the new NUMA property marks another milestone in NUMA’s French expansion strategy.
Vail Resorts to Acquire Crans-Montana Mountain Resort in Switzerland, the Company's Second Ski Resort in Europe
Vail Resorts, Inc. (NYSE: MTN) announced today that it has entered into an agreement to acquire Crans-Montana Mountain Resort in Switzerland from CPI Property Group ("CPIPG"). Crans-Montana Mountain Resort spans over 1,400 meters (approximately 4,593 ft) of skiable vertical terrain, and 140 kilometers (approximately 87 mi) of trails. Accessible from five airports and by train, Crans-Montana Mountain Resort is located in the Valais canton of Switzerland, approximately two and a half hours from Geneva and less than four hours from Milan and Zurich. The resort is two and a half hours away from the company's other owned and operated European resort in Andermatt-Sedrun.
IHG Hotels & Resorts boosts growth in Türkiye with six signings across six cities
IHG Hotels & Resorts, one of the world’s leading hospitality companies, cements its growth in Türkiye with the addition of six new properties spanning six Turkish cities.
Hilton Expands in Türkiye with More Than 1600 Rooms Planned Under Five of its Brands
Hilton (NYSE: HLT) has confirmed plans to rapidly increase its presence in Türkiye, with 11 new hotels planned across the country. Building on a legacy of hospitality which dates back almost 70 years, Hilton's total Turkish development pipeline of 34 hotels now includes properties under 10 of its award-winning brands, four of which will be brand firsts in Türkiye. Hilton has more than 100 hotels trading and under development in Türkiye and is one of the company’s largest operating markets globally.
World's leading flexible housing provider Habyt expands in Germany
Habyt, the world's leading flexible housing provider, is expanding its portfolio in Germany with three new openings set for Q4. All new properties are centrally located in Berlin and Frankfurt, offering tenants even more flexible housing options in both cities.
Accor and Construcții Erbașu consolidate partnership
World leading hospitality group Accor announces the strengthening of its ongoing partnership with renowned local company Construcții Erbașu, through the signing of hotel management agreements for two new hotels in Bucharest and Oradea and the extension of the existing management agreement for ibis Styles Bucharest Erbas.
Minor Hotels To Debut in Paris with Addition of Three Hotels
Minor Hotels, an international hotel owner, operator and investor with more than 540 hotels in 56 countries in Asia Pacific, the Middle East, Africa, the Indian Ocean, Europe, South America and North America, announces its debut in the French capital with the upcoming addition of three four-star hotels. The group will launch three NH Hotels in Q1 2024, with one of the properties to be rebranded as NH Collection in 2025 following a renovation.
Rotana highlights 1,500 key expansion plan for United Kingdom
Rotana, one of the leading hotel management companies in the region with over 100 properties in the Middle East, Africa, Europe and Türkiye, highlights its planned expansion in the United Kingdom and showcases its global portfolio of hotels and resorts at the World Travel Market (WTM) London.
The Peninsula vs Raffles: how London’s 2 new Asian-brand hotels square up – rooms, suites, restaurants, prices and more
To borrow from the popular British saying about buses, in this case you can wait years for an Asian grand dame hotel to come to London, and then two open in the same month.
Hotel operating partner Okami Hotels is analyzing new investments in resort hotels in the Balearic Islands and Catalonia
After three years focused on managing and selling assets for its clients, which include Davidson Kempner, Okami Hotels, Spanish hotel investment and operating platform, is now embarking on new acquisitions of resort hotels in the Balearic Islands and Catalonia.
Fit for an emperor: Bulgari Hotel Roma
Please use the sharing tools found via the share button at the top or side of articles. Copying articles to share with others is a breach of FT.com T&Cs and Copyright Policy. Email [email protected] to buy additional rights. Subscribers may share up to 10 or 20 articles per month using the gift article service. More information can be found here. https://www.ft.com/content/753e94f4-34cf-4356-9b7d-9c84ff9ff6c0
Monte-Carlo S.B.M. Group acquires the "Palace des Neiges" in Courchevel 1850
As part of the strategy undertaken since Stéphane Valeri became Chairman and CEO, Monte-Carlo S.B.M. Group purchased the Palace des Neiges in Courchevel 1850 on Tuesday, October 3rd.
IHG Hotels & Resorts signs Hotel Indigo and Holiday Inn Express properties in Budapest at EXPO Real 2023
IHG Hotels & Resorts, one of the world’s leading hospitality companies and WING, a leading property development and investment group in Central Europe, are proud to announce the signing of Hotel Indigo Budapest Andrassy and Holiday Inn Express Vagohid. Signed at real estate trade fair, EXPO Real 2023, both properties mark brand debuts to Hungary, demonstrating investment and growth in the premium and essentials hotel segments.
Whitbread acquires major office building in the City of London for conversion to a new hotel
Whitbread Plc, the UK’s leading hospitality group, has acquired the freehold interest in New London House at 6 London Street, EC3 in the City of London. The 89,722 sq ft NIA office, retail and restaurant building was acquired from clients of Orchard Street Investment Management for £56.5m.