News 18 Aug 2020 by Mark Caswell Accor signed a total of 14 properties across Northern Europe in the first half of this year, including four hotels in the UK and Ireland. A new Ibis Budget hotel is set to open in Glasgow in 2022, next to the group’s forthcoming Tribe property, and Business Traveller…
Accor signs 14 hotels across Northern Europe in first half of 2020 – Business Traveller Read More »
Madrid-based private equity real estate firm Azora has raised €680m for its new fund focused on hotel investments around the Mediterranean. The vehicle, launched last year, surpassed its initial €600m target, revealing investors’ confidence in the recovery of the hospitality industry despite the impact of Covid-19. The Azora European Hotel & Lodging fund has a €750m…
Spain’s Azora raises €680m to invest in hotels despite Covid hit to sector Read More »
CHICAGO–(BUSINESS WIRE)–Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate has entered into a franchise agreement with a wholly owned subsidiary of Intriva Capital European Principal Investment Fund I LP (“Intriva”), a European private equity fund, to see the former iconic Byblos Hotel in Mijas redeveloped into a luxury 200-bedroom resort. The property,…
