Development Europe Press Releases - Hospitality Net

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December 19, 2017

Associated Luxury Hotels International (ALHI) Adds The Netherlands’ 5-Star Grand Hotel Huis Ter Duin to Portfolio

Associated Luxury Hotels International (ALHI) has expanded its worldwide portfolio and Western Europe options with the addition of the Netherlands' acclaimedGrand Hotel Huis Ter Duin in Noordwijk, just outside Amsterdam. Located directly on the beach, in the picturesque province of South Holland, the 5-Star hotel provides stunning views of the North Sea and has won the prestigious "M&IT Award" for "Best Overseas Hotel" in 2014, 2016 and 2017. ALHI, the world's leading independent hotel Global Sales Organization, now represents the renowned 254-room hotel to the European and North American meetings, conventions and incentive market, according to ALHI's Chief Sales Officer Mark Sergot.

Associated Luxury Hotels International (ALHI)

Noordwijk, The Netherlands

December 18, 2017

40 niu projects and counting! NOVUM Hospitality; Rexburg and asenticon develop a niu hotel in Potsdam

The impressive benchmark of 40 niu projects has been surpassed! In partnership with Reggeborgh and asenticon, NOVUM Hospitality is developing a niu hotel in bustling Potsdam in an incredibly central location near the main train station. With this development, NOVUM Hospitality surpasses the benchmark of 40 niu hotels comprising more than 8700 rooms.

NOVUM Hospitality

Potsdam, Germany

December 4, 2017

Cycas Hospitality brings new brand - South Point Suites - to London's Bermondsey Village

Cycas Hospitality has launched a brand-new apartment-hotel concept in the buzzy neighbourhood of Bermondsey in London Bridge. South Point Suites offers 101 studios and one-bedroom suites, all designed to offer the comforts of home for those staying in London for a long-term project, relocation or long holiday. The location is ten minutes walk from both London Bridge and Bermondsey stations, part of a flourishing neighbourhood with boutiques, restaurants, bars, parks, cinemas, barbers, cafes, art galleries and markets.

Vertiq Hospitality

London, United Kingdom

November 30, 2017

27 Per Cent Increase in Branded Residence Hotel Operators Highlights Substantial Growth in the Sector

The branded residences sector is one of the fastest growing in the real estate industry, attracting more hotel operators, developers, investors and buyers year-on-year. The highly-anticipated second edition of industry go-to report Branded Residences: An Overview, highlights trends in the market and new statistics on market growth, and explores the reasons for its continued success and why it is a popular investment choice.

Graham Associates (c/o YOU Agency)

London, United Kingdom

October 26, 2017

UK Project Pipeline Shows Growth in Multiple Areas [Infographic]

When discussing the project pipeline in the United Kingdom, one is often tempted to solely focus on London, one of the great hospitality cities in the entire world. There are, however, multiple destinations within the United Kingdom where the pipelines are filled with varied and robust projects, according to information from the TOPHOTELCONSTRUCTION database.

TOPHOTELPROJECTS

October 19, 2017

For Tourism-Driven Austria, the Hotel Project Pipeline is Key to the Economy [Infographic]

Austria has long had a strong economy, driven by industries such as metallurgical products, textiles, and machinery. In recent decades, the country has become well developed with a high standard of living closely tied to the other economies in the European Union. One industry, however, is more important than all the rest in Austria — tourism and hospitality.

TOPHOTELPROJECTS

October 16, 2017

STR: Europe hotel pipeline for September 2017

STR's September 2017 Pipeline Report shows 170,199 rooms in 1,103 hotel projects Under Contract in Europe. The total represents an 11.5% increase in rooms Under Contract compared with September 2016. Under Contract data includes projects in the In Construction, Final Planning and Planning stages but does not include projects in the Unconfirmed stage. Europe reported 73,675 rooms in 471 projects In Construction for the month. Based on number of rooms, that is a 16.3% increase in year-over-year comparisons.Among Chain Scale segments, the Upper Midscale segment accounted for the largest portion of rooms Under Contract (28.2% with 47,948 rooms). The Upscale segment represented the largest portion of rooms In Construction (25.9% with 19,112 rooms).

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October 12, 2017

151st Hotel: NOVUM Hospitality exceeds milestone with Stonehill Group

NOVUM Hospitality is celebrating a special milestone in its company history. At this year's Expo Real, the dynamic hotel group signed a joint development contract with the Stonehill Group for a niu hotel in Nuremberg. For NOVUM Hospitality, this not only represents the 151st hotel in its portfolio, but also the beginning of an ongoing collaboration with the British real-estate developer. "We are delighted to have found such a strong partner for our 151st hotel in the Stonehill Group and are looking forward to a successful partnership," announces David Etmenan, Chief Executive Officer & Owner of NOVUM Hospitality. NOVUM Hospitality also went on to sign several other lucrative location deals for niu hotels at Expo Real, including ones for Berlin, Frankfurt and Cologne.

NOVUM Hospitality

September 27, 2017

Hotel Investment Conference Europe (Hot.E) Announces Deal of the Year Award Winners

The organizers of the Hotel Investment Conference Europe (Hot.E) 2017, announced the winners of the Hot.E Deal of the Year Awards in the categories of Merger & Acquisition/Portfolio of the Year and Single Asset Transaction of the Year. The awards were presented at Hot.E on 27 September 2017, at the Hilton London Bankside. Invesco Real Estate Portfolio sale to Pandox was named Merger & Acquisition/Portfolio of the Year.

London, United Kingdom

August 9, 2017

TUI's big investment in Greece: Land purchase in Crete for new ‘Robinson Club’

German tour operator TUI Group has purchased Stella Polaris Creta S.A., a subsidiary of the Greek Karatzis firm and owner of land on the southern coast of Ierapetra in Crete, to open a new Robinson Club.

Kyllini , Greece

August 4, 2017

INTERNOS acquires the Vincci Selección Posada del Patio in Malaga for the Internos Hotel Real Estate Fund II for € 26.75 Million

INTERNOS Global Investors, the pan-European owner-managed real estate fund management firm with €3.5 billion AUM, confirms the closing of the acquisition of the Vincci Selección Hotel Posada del Patio in Malaga for €26.75 million from Dospuntos, a real estate company controlled by Värde Partners. This acquisition follows the first closing of INTERNOS' second hotel real estate fund with equity of €133 Million from seven German institutional investors. All but one of these investors had already invested in Internos' first hotel real estate fund, a core fund launched in 2012 which has consistently exceeded target returns and became fully invested in 2016 with its AUM recently reaching €500 Million.

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August 1, 2017

Steigenberger Inselhotel Constance to remain in the Steigenberger Hotels and Resorts portfolio for the long term

Early arrangements have been made to secure a long-term extension to the lease agreement for the Steigenberger Inselhotel Constance. The building, which is located on Lake Constance itself, will thus continue to form part of the portfolio of Steigenberger Hotels and Resorts.

H World International

Constance, Germany

July 26, 2017

New Hotel Construction in Italy Continues Country’s Long Reputation as a Top International Destination [Infographic]

There are few countries in the world that rank as a more popular destination for tourists than Italy. The list of draws is wide and varied: world-class cuisine, historical sites that speak to the roots of modern western civilization, religious pilgrimage destinations, some of the planet's greatest art, and, it bears mentioning twice, the world-class cuisine. Whether in search of a week in a historic city like Rome, or a relaxing and stunning drive through unmatched landscapes in hilly country, Italy has much to offer, and that's without even mentioning the beautiful islands that dot its coasts.

TOPHOTELPROJECTS

July 26, 2017

Small Luxury Hotels Of The World Welcomes The Lalit London

Small Luxury Hotels of the World is delighted to announce The LaLiT London as the latest addition to its collection of small, independently owned hotels in the UK capital. The hotel, which is available to book from 26th July via the SLH website opened in February 2017 and is the first overseas venture for New Delhi-based hotel company The Lalit Suri Hospitality Group.

Small Luxury Hotels

London, United Kingdom

July 19, 2017

Deutsche Hospitality and GBI AG enter into cooperation for new IntercityHotel and Jaz in the City locations

Deutsche Hospitality and GBI AG are launching a comprehensive programme of cooperation for the development of new hotel locations. The main emphasis is on the IntercityHotel and Jaz in the City brands, and the starting point will be four IntercityHotels in Heidelberg, Wiesbaden, Bielefeld and Graz. A total of around 800 rooms will be created within the direct proximity of the respective main railway stations in these cities. Lease agreements have already been signed, and GBI has acquired the sites to be used in Germany from Deutsche Bahn as part of a package deal. These projects will strengthen the presence of Deutsche Hospitality on the German-speaking market and will continue to expand the IntercityHotel brand as it celebrates its 30th anniversary. Puneet Chhatwal, CEO of Steigenberger Hotels AG, commented: "Having GBI AG on board as partner will enable us to continue on our planned pathway of growth. GBI is developing these four properties in central locations, and this approach is precisely in tune with the brand essence of IntercityHotel."

H World International

July 17, 2017

Slough Urban Renewal (sur) And Cycas Hospitality Sign Deal To Develop Two New Hotels Under Marriott International's Moxy Hotels And Residence Inn Brands

Cycas Hospitality and Slough Urban Renewal (SUR) has secured a deal to develop two new Marriott International hotels - Moxy and Residence Inn by Marriott. The hotels will be located on the former Central Library site, a landmark location on the A4 between the town centre and the station where Crossrail trains will operate from 2019.

Vertiq Hospitality

Slough , United Kingdom

July 4, 2017

8,061 Rooms in Russia’s Hotel Pipeline. Is Russia Turning a Corner?

The Russian hotel industry is becoming increasingly optimistic following the challenging economic situation the country has recently faced. On the one hand, there has been a dramatic decrease in demand from foreign tourists alongside increased expenses which has had an impact on operating costs, but on the other hand the increase in domestic travel has, in the short term, compensated with a positive impact on the hotel occupancy rates.

Moscow, Russian Federation

June 27, 2017

Associated Luxury Hotels International (ALHI) Expands Global Options with New Members in Ireland and England, and First Hotel in Scotland

Associated Luxury Hotels International (ALHI), the leading independent Global Sales Organization (GSO) serving the Meetings & Incentive marketplace, has expanded its Global portfolio with the recent addition of three luxury-level resorts in Europe to its distinguished membership portfolio. This includes: ALHI's first member in Scotland, the 5-Star-quality Cameron House resort on the banks of Loch Lomond; the 5-Star-quality The Kildare Hotel, Spa & Country Club ("The K Club"), situated on 550 acres of lush Irish countryside in Kildare, Ireland; and the luxurious and historic The Belfry Hotel & Resort, nestled in over 500 acres of rolling countryside in West Midlands, United Kingdom. The announcement was made by ALHI's Chief Sales Officer Mark Sergot.

Associated Luxury Hotels International (ALHI)

June 21, 2017

Scandic to acquire Restel’s hotel portfolio and become the leading hotel operator in Finland

Scandic Hotels Group ("Scandic") has signed an agreement to acquire Restel's hotel operations in Finland. Through the acquisition, Scandic will strengthen its position as the leading hotel company in the Nordic countries and become the largest hotel operator in Finland. The transaction subject to regulatory approval.

June 20, 2017

Fosun to build mega-resort 3 times larger than Monaco on former Athens airport site

A $ 7.9 billion investment was announced by Fosun International in collaboration with a consortium from Abu Dhabi in order to develop a mega resort on the former Athens airport site of Elliniko.