ADIA acquires two hotel portfolios in Spain in partnership with Petra and Meliá Hotels, Orange and Annexum acquire two hotels in Rotterdam, the Netherlands, from Inntel, FONDSGRUND acquires Holiday Inn Mannheim City in Germany from Adler, NUMA Group acquires former hotel in Paris to convert to a NUMA Paris, Starboard Hotels acquires The Bridge Hotel in West London.
Petra is a pan-European hotel investor and asset manager with offices in Paris and Madrid targeting value-add opportunities which was created by Dominique Ozanne, Gael Le Lay, and Elsa Tobelem. Dominique Ozanne was CEO of Hotels for Foncière des Régions. Petra launched a value-add hotel investment platform with a wholly-owned subsidiary of the Abu Dhabi…
Reuben brothers take over Admiralty Arch hotel development in London, Hova acquires Club Med Gregolimano in Greece on behalf of Primonial, Boscalt acquires Hotel Majestic in Rome, Hotel Investment Partners acquires beachfront resort near Marbella from Mazabi family office, Extendam acquires two hotels in the north-west of Spain, Caskade acquires Hotel Indigo in Birmingham, Leyendecker acquires Stayery in Frankfurt from Schütt, Staycity Dublin Castle sold to BNP Paribas REIM, Northland Properties acquires the Quays Hotel in Sheffield from Furnival, JP Hospitality acquires Hotel Milano in Madonna di Campiglio in Italy.