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Europe Hotel Transactions Bulletin - Week Ending 24 May 2024

Extendam acquires two Sofitels in Lisbon and Rome from AccorInvest, Gruppo Statuto to acquire Six Senses London from C C Land and MARK JV, ActivumSG divests Palacio Solecio in Malaga, Barcelo acquires Hotel Midas Roma in Rome from ZEITGEIST AM, Grupotel acquires Hotel Mayorazgo in Madrid from Salazar Gordon family, H10 Hotels acquires Labranda Costa Mogan in the Canary Islands from Atom, Patrizia acquires Malmaison Edinburgh City from Harrison Development, Atland acquires ibis budget Bilbao City from Extendam, Agromarket acquires Austria Trend Hotel Ljubljana from Generali and Peakside, Luxury Hotel Partners acquires Hotel GHM Monachil in Spain, Extendam acquires Hotel Silken Rona Dalba in Spain. ....

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Dollar hits 7.5-month high above 145 yen line on strong U.S. data

The U.S. dollar briefly rose above the 145 yen on June 30 in Tokyo, reaching a level not seen since last November, as the Japanese currency was sold in anticipation of a further widening in the interest rate differential with the United States. ....

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