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PropertyNEWS
HIX extra large in Europe
(March 13, 2015). GBI & Holiday Inn Express: Real Estate developer GBI AG converts the former office building of the Gothaer insurance in Cologne into a Holiday Inn Express which will be the biggest hotel of the brand in Europe due to its 323 rooms.
Leonardo in UK
(March 13, 2015). Leonardo Hotels opened the first hotel of the brand in the UK. The hotel group signed a 25 year-lease with the Standard Life Investments Pooled Pension Property Funds.
Accor sells MGallery Zurich
(March 6, 2015). Accor signed an agreement to sell MGallery Zurich in a Sale & Management-Back-Transaction to a private investor. He already is a franchisee of the group.
Dusit and Prince Strategic alliance
(March 6, 2015). Dusit International (Thailand) and Prince Hotels (Japan) have entered into a strategic marketing alliance that allows the companies to leverage on each other's local expertise, as well as sales & marketing resources, to create opportunities for cross-selling, marketing and promotions.
First Hyatt Centric
(February 27, 2015). Hyatt Hotels Corporation in conjunction with Miami-based development group Robert Finvarb Companies and its partner David Martins announced the anticipated April 2015 opening of Hyatt Centric South Beach Miami.
Motel One cooperates with Fonciere
(February 27, 2015). Motel One and Foncière des Régions announced a strategic partnership. Through its affiliated company Foncière des Murs, Foncière des Régions becomes an investment partner of Motel One properties.
Paris Citadines with suites
(February 20, 2015). Ascott has just opened the Citadines Suites Arc de Triomphe in Paris. Located along the Avenue Kléber, the property offers 112 rooms as well as apartments.