Hotel Investment Partners (HIP), the largest owner of resort hotels in Southern Europe owned by funds managed by Blackstone, and Apple Leisure Group (“ALG”) a leading North American resort brand management, leisure travel and hospitality group, part of Hyatt, announced the opening of Dreams Corfu Resort & Spa on July 28 –formerly known as Corcyra Beach, […]
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Domes Resorts, one of the fastest growing luxury hotel brands in the Mediterranean, continues its rapid expansion and will take over the management of The Lake Spa Resort in Portugal owned by HIP, the largest owner of resort hotels in Southern Europe backed by funds managed by Blackstone. .The iconic, 192 room five-star hotel, boasting […]
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Blackstone, EQT and the Kuoni and Hugentobler Foundation (“KHF”) today announce that funds managed by Blackstone Capital Partners (“Blackstone”) have signed a definitive agreement with EQT VII fund (“EQT Private Equity”) and KHF to acquire a majority stake in VFS Global. EQT Private Equity will remain indirectly invested in the Company with a minority position […]
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Apple Leisure Group ®, a leading US group in the travel segment, launches its European expansion beyond Spain by taking over the management of three hotels in Greece owned by Hotel Investment Partners (HIP), the first hotel owner in Southern Europe. With this agreement, Greece becomes the second European market for the company, which since […]
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Blackstone Real Estate Partners Europe (Blackstone) has reached an agreement to acquire five Greek hotel businesses from the Louis Group, one of the leading hotel groups in the Mediterranean, at a total enterprise value of €178.6m. The five hotel businesses are located in the Greek Islands with two in Corfu (Corcyra Beach and Grand Hotel), two […]
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With ten hotels, with a total capacity of more than 1,500 rooms, in popular island destinations in the Mediterranean, including Greece, Hilton plans to enrich its portfolio this summer, bringing the total number of resorts operating or under construction in Europe, the Middle East and Africa to almost 100, under the umbrella of nine brands. […]
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The investment “barrage” in the Greek hotel industry will continue in 2024, along with the entry of international “players” operating in luxury tourism, raising the level of the country’s hotel product, as the latest data from the research company GBR Consulting confirm. In January 2024 it was announced that H Hotels Collection, Hatzilazarou Group, acquired […]
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Domes Resorts, Greece’s fastest growing brand in the luxury segment, continues its rapid expansion in collaboration with HIP. Domes Resorts will manage two resorts in Corfu and Zante Domes Resorts, Greece’s leading luxury brand, announces the management of two new beachfront resorts, the Grand Hotel on Corfu and Zante Beach, on Zante. The company has […]
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