easyHotel, the owner, developer and operator of “super budget” branded hotels, announces that it has signed a 25 year lease on a site in the city of Oxford, for the development of a new purpose-built easyHotel. The agreement is subject to obtaining planning permission. Located in Oxford’s Summertown, a premium residential and shopping district less than two miles from Oxford … [Read more...]
Search Results for: hotel acquisition
Hoist Group Completes Acquisition of Paragon Systems
Hoist Group announces the acquisition of Paragon Systems, a leading Irish software integrator to the hospitality industry, thereby strengthening its product range and widening its offering. Hoist Group, EMEA’s leading technology partner to the hospitality industry, and the parent company for HotSoft PMS, announced today the acquisition of Paragon Systems, based in Kilkenny, … [Read more...]
Henderson Park and Hines Joint Venture acquires Athens hotel for €33 million
Henderson Park, the European real estate investment platform founded by Nick Weber, and international real estate firm Hines have acquired the former Ledra Marriott hotel in central Athens for €33 million. The prime hotel is located on Syngrou Avenue, with 315 rooms across 8 floors, and a roof top restaurant and pool with panoramic views of the city and the … [Read more...]
AccorHotels in exclusive talks about acquiring FCDE’s stake in Groupe Noctis
AccorHotels and the FCDE (Fonds de Consolidation et de Développement des Entreprises) today announce that they are in exclusive talks about acquiring 100% of the latter’s minority interest in Groupe Noctis. Laurent de Gourcuff, Groupe Noctis’ Chairman, CEO and majority shareholder, established the company in 2008 and has since grown it into a key player in the hospitality … [Read more...]
Splendid Hospitality Group appoints Philip Bolson as General Manager for The Grand Hotel & Spa, York
Splendid Hospitality Group (SHG) has appointed Philip Bolson as General Manager for The Grand Hotel & Spa, York’s only 5-star hotel. Philip steps in at a pivotal time as this much-loved iconic hotel enters the final stages of a major £15 million redevelopment which will include new restaurant concepts and additional bedrooms. Stuart Bailey, CEO of Splendid Hospitality … [Read more...]