IHG (InterContinental Hotels Group) has announced a Multiple Development Agreement (MDA) with existing partner GS Star GmbH (GS Star) to bring 15 avid hotels to the German market. This marks a milestone launching avid hotels, IHG's newest brand, in Europe for the first time.
Working in collaboration with European real estate specialists, ActivumSG Capital Management Ltd. (ASG) Hard Rock will bring its hotel brand to Madrid with the development of the new 159-room music-centric hotel.
AccorHotels completes its acquisition of a 50% stake in sbe Entertainment Group Founder & CEO Sam Nazarian will control the remaining 50%
Linus Ericsson takes the position after three years as Head of JLLs Debt & Financial Advisory team in Sweden.