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citizenM at Charles de Gaulle

(January 27, 2012) citizenM will open in Paris Charles de Gaulle airport in early 2014.

The Dutch company signed a ground lease commitment with Aeroport de Paris for the development of a 230-room citizenM hotel at Roissypole district. The group currently operates three hotels: at Schiphol Airport Amsterdam, in Amsterdam’s city centre and in the city centre of Glasgow.

The opening of Paris brings the company’s development portfolio to seven additional hotels, including two projects in New York City (at Times Square and in Soho/Lower East Side), three projects in London (near Tate Modern in the booming bankside area, opposite the Tower of London and near St. Paul’s Cathedral) as well as a project in Rotterdam. In the Asian pipeline: Hong Kong and Shanghai.

 

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PropertyNEWS

Azure's Berlin deal

(May 18, 2012). Invesco Real Estate (IRE) acquired two hotels, Holiday Inn and Indigo, at Berlin Alexanderplatz for abound 60 million Euros in a sale-and-lease-back agreement with Azure Property Group.

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Jebel Ali with another hotel

(May 18, 2012). Jebel Ali International Hotels will open a 4-star resort at Dubai Beach, close to the vivid promenade "The Walk”.

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New Dorint Airport Zurich

(May 11, 2012) Dorint laid the foundation for a 4-star airport hotel with 239 rooms in Zurich, opening in spring 2014.

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Three new MGallery

(May 11, 2012) MGallery, Accor's collection of upscale hotels, has three new franchisees in the south-west of France.

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More Raffles

(May 4, 2012) Raffles Hotels & Resorts, during the next two years, wants to grow with five new hotel projects.

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Swimming Steigenberger

(May 4, 2012) Steigenberger grows by ships.

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Bullish Hotusa growth

(April 27, 2012). Hotusa Hotels, during first quarter 2012, gained 97 new partner hotels for its portfolio.

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