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    marriottbristol

    Marriott leans on Europe

    Marriott International took advantage of all eyes being on Berlin for IHIF to announce its 2020 growth strategy for Europe. The company said that it was aiming to lead in the European upscale segment by 2020, in a region which had been a challenge both for it and for Starwood Hotels & Resorts. Both companies [...]
    Generator_Paris

    Queensgate buys Generator

    Queensgate Investments has acquired Generator Hotels from Patron Capital and Invesco Real Estate in a long-anticipated deal with an enterprise value of around EUR450m. Queensgate Investments is now expected to expand the brand, investing EUR300m, while remaining true to the group’s freehold strategy. Patron acquired the brand in 2007, selling out a stake of 23% [...]
    Super 8 Munich City North - Lobby - 1177700

    Wyndham takes Super 8 deeper

    Wyndham Hotel Group has announced plans to take its Super 8 brand into Austria, Switzerland and the Netherlands. The expansion, in partnership with GS Star, will see the pair target an initial 10 hotels, with the potential to double within five years. The two companies first introduced the Super 8 brand to Europe in 2016 [...]
    airbnb

    Airbnb’s ‘unprecedented favouritism’

    The American Hotels & Lodging Association has launched its latest attack on Airbnb, calling for greater legislation and attacking the agreements already made with various jurisdictions. The protests were made as Airbnb CEO Brian Chesky said that the sharing platform was “halfway through the two-year process of getting ready to go public”. Airbnb is currently [...]
    intercityhotel_budapest_rendering-1

    Values pique in Eastern Europe

    Eastern Europe has seen an 11% increase in room values, according to the 2017 European Hotel Valuation Index from HVS. The study followed the acquisition of Austrian hotel group Vienna International by Thai investor U City for USD350m, with plans to expand the group from 34 to 50 properties by 2021. U City bought a [...]
    playa jamaica

    All-inclusive deals, deals

    Playa Hotels & Resorts has completed its merger with Pace Holdings and said that it would continue to expand using the all-inclusive resorts model. The strategy is being echoed at Rixos Hotels, which has signed a strategic agreement with AccorHotels to develop premium resorts globally. The deal between AccorHotels and Rixos Hotels will see the [...]

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