CPIPG sells 50% stake in eight Czech hotels to Best Hotel Properties, BG Hotels sells BG Portinatx Beach Club Hotel in Ibiza to Spanish hotel family, ASG sells Hampton by Hilton in Barcelona to UK family office, Millennium REIT sells Hotel Eurostars Lucentum in Spain.
Choice Hotels EMEA, the 100% franchise focused hotel company and Borealis Hotel Group (“Borealis”), a European hospitality company, have signed a strategic partnership agreement to expand their European portfolios. Through this agreement, Borealis will have the ability to franchise upscale and midscale hotels from the Choice Hotels EMEA portfolio of brands, across the territories they currently operate including The Netherlands, Belgium, France, Germany, Austria, Spain and Denmark and look for new opportunities in other European countries. All hotels under Choice Hotels EMEA participate in the Choice Privileges loyalty program, enabling travellers to earn and redeem points for Rewards nights stays at more than 7,500 hotels around the world.
ibis Styles has arrived in the Nordic region following the opening of its first hotel in Copenhagen. Accor s design-led economy brand has opened the property in partnership with Borealis Hotel Group.