MCR, the third-largest hotel owner-operator in the U.S., has agreed to purchase the BT Tower — one of London’s tallest buildings — from BT Group. MCR will own the 620-foot Tower and podium, encompassing a full London city block, freehold.
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.
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.
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 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 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, 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 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, 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, 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 (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.
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.
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, 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, 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.
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.
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, 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 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.
Warner Leisure Hotels, the UK’s only hotel chain to cater exclusively for adults and a Bourne Leisure portfolio company, today announces the continued expansion of its portfolio with the acquisition of two high-quality hotels – Dalmahoy Hotel and Country Club, near Edinburgh, and Forest of Arden Country Club, near Birmingham.