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Accor signs 14 hotels across Northern Europe in first half of 2020 – Business Traveller

News 18 Aug 2020 by Mark Caswell Accor signed a total of 14 properties across Northern Europe in the first half of this year, including four hotels in the UK and Ireland. A new Ibis Budget hotel is set to open in Glasgow in 2022, next to the group’s forthcoming Tribe property, and Business Traveller…

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Spain’s Azora raises €680m to invest in hotels despite Covid hit to sector

Madrid-based private equity real estate firm Azora has raised €680m for its new fund focused on hotel investments around the Mediterranean. The vehicle, launched last year, surpassed its initial €600m target, revealing investors’ confidence in the recovery of the hospitality industry despite the impact of Covid-19. The Azora European Hotel & Lodging fund has a €750m…

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Hyatt Announces Plans for the Former Byblos Hotel on Spain’s Costa del Sol to Join the Unbound Collection by Hyatt

CHICAGO–(BUSINESS WIRE)–Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate has entered into a franchise agreement with a wholly owned subsidiary of Intriva Capital European Principal Investment Fund I LP (“Intriva”), a European private equity fund, to see the former iconic Byblos Hotel in Mijas redeveloped into a luxury 200-bedroom resort. The property,…

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