Blackstone Group takes $355m loan for Club Quarters Hotels acquisition
CIJ USA | 2016-04-15 15:43
The Blackstone Group has received a $335 million loan for the acquisition of four Club Quarters Hotels in Boston, Chicago, Philadelphia and San Francisco. The portfolio encompasses 1,228 rooms, with the properties having undergone over $16 million of  »
CIJ USA | 2016-04-15 15:40
The Ritz-Carlton Hotel Company has announced the opening of The Ritz-Carlton, Budapest, its first hotel in Hungary. The property is housed within a protected historic building, loc  »
CIJ USA | 2016-04-15 15:27
California-based Lew Capital Group has spent $8 million to acquire the Clarion I  »
CIJ Greece | 2016-04-14 11:03
Greek stores will provide a 20 percent discount to tourists every year. For 2016  »
CIJ Portugal | 2016-04-14 08:47
The old Balleteatro building in Porto reopened yesterday as a 4-star hotel. The  »
CIJ Journal | 2016-04-13 10:58
UK developer Above and Beyond Normal Ltd (ABNL), which focuses on sustainable co  »
Ritz-Carlton opens first hotel in Hungary
CIJ Journal | 2016-04-13 10:26
Luxury hotel chain Ritz-Carlton has opened its first Hungarian hotel in a historic Budapest building owned by Al Habtoor Group. The property is located on Elizabeth Square and was constructed in 1914 as the headquarters for an Italian insurance compa  »
CIJ Journal | 2016-04-13 09:21
Hispania is planning to acquire four hotels on the island of Gran Canaria from Dunas Hotels & Resort. The deal will strengthen the hotel portfolio that the company already owns  »
CIJ Portugal | 2016-04-12 10:00
The Fladgate Partnership group has acquired the Hotel Infante Sagres in the city  »
CIJ Portugal | 2016-04-12 09:59
The city of Portimão, in Algarve, will have a new hotel by 2017. The Jupiter Ma  »
CIJ USA | 2016-04-11 15:25
In separate special shareholder meetings, the stockholders of Marriott Internati  »
CIJ Journal | 2016-04-08 10:10
Nyesa is looking for a buyer for the Tryp Macarena hotel in Seville. The four-st  »
Empire Hotel buys Milburn Hotel in NYC for $69.4m
CIJ USA | 2016-04-06 15:44
The Empire Hotel Group has acquired the Milburn Hotel on the Upper West Side, paying $69.4 million. The 137 room hotel is located at 242 West 76th Street and traded for just under $506,570 per key. The 15-story hotel was recently converted from apart  »
CIJ Greece | 2016-04-06 13:23
AccorHotels announced the acquisition of Onefinestay for €148m and made a further commitment of €64m to help the company scale up internationally. Onefinestay will remain an in  »
CIJ Journal | 2016-04-05 09:50
The Croatian government has accepted a bid made by Avenue Ulaganja a tourism sec  »
CIJ Portugal | 2016-04-05 09:00
Pestana Group continues to sell off real estate assets in order to be focus more  »
CIJ Portugal | 2016-04-05 08:59
Santa Casa da Misericórdia de Lisboa (SCML) will be creating a new network flat  »
CIJ USA | 2016-04-04 15:52
CBRE Project Management has announced the topping out of the AC Hotel by Marriot  »