The Social Hub (TSH) has reached an agreement for €48.75 million in financing from Santander in Portugal for a 26,600 sqm Porto development alongside Avenue.
The Student Hotel, a favorite place to stay and connect for students, travelers, entrepreneurs and locals, has rebranded to ‘The Social Hub’. The growing organization now has a name that reflects its industry-leading hybrid hospitality model, as it announces plans with shareholders APG and GIC to double the number of properties to 50 across Europe.
Europe’s largest hotel operator Accor has entered exclusive negotiations to sell a 10.8% stake in Ennismore, a global collection of leading lifestyle hospitality brands, to a Qatari consortium.
Accor to sell 10.8% stake in Ennismore to Qatari Investors, GIC joins APG, Aermont and Charlie McGregor as investors in The Student Hotel group, Invesco acquires three hotels in Spain and the Netherlands, Aviva Investors acquire hotel in Dublin, Abrdn acquires Motel One Antwerp Site in Belgium from CORES Development, AG Hotel acquires Best Western Pinewood on Wilmslow Hotel in Manchester, UK.