Lucie

🏨 German hotel group Dorint expands in Switzerland, acquiring Parkhotel Bad Zurzach effective February 1. With properties in Germany, Austria, and Switzerland, totaling 60, Dorint secures a lease with Credit Suisse Funds AG, maintaining around 70 employees. Substantial investments planned for the hotel's long-term operation. This marks the sixth Dorint establishment in Switzerland, joining others including Dorint Blüemlisalp Beatenberg/Interlaken and upcoming properties in Interlaken (April 2024) and Locarno/Riazzino (Summer 2024). Parkhotel features 111 rooms, 13 suites, and provides direct access to "Thermes Zurzach.

🏖️ Lindner Hotel Group expanded its presence on Sylt Island, Germany, by acquiring the traditional establishment in Kampen and enlarging its Stadt Hamburg hotel. In May 2024, they acquired Stadt Hamburg in Westerland, offering 15 luxury serviced apartments, a restaurant, a bistrot, and access to a fitness room and QIARA spa. The Strönhof Kampen adds 15 apartments with a private wellness area, including a pool, sauna, steam room, and relaxation room, plus views of Kampen's dunes. This expansion strengthens Lindner's position in German island and seaside vacationing and hotel management.

🏠 The Park Hyatt London River Thames, as the first Park Hyatt brand in the UK, officially opened in Nine Elms district, near the Battersea Power Station. Managed by Hyatt Hotels Corporation and R&F UK, it's part of the One Nine Elms mixed-use development project. The hotel boasts 203 rooms with a contemporary English style and art by Charlie Whinney. Amenities include the seasonal Nine Elms Kitchen & Terrace, Nine Elms Bar & Lounge, a spa, and an indoor pool.

🏨 Marriott International, the world's leading hotel group, expands in Europe with new openings in Austria, Poland, and Spain across three brands. Courtyard by Marriott strengthens its presence in Vienna through the acquisition of the Courtyard by Marriott Vienna Prater/Messe by Art-Invest Real Estate. This 251-room hotel located between the Prater, the Vienna fair, and the Danube offers amenities including a bar, restaurant, meeting rooms, fitness center, and sauna, boasting a BREEAM 'Excellent' sustainability certification. The hotel, leased long-term to Borealis Hotel Group, is near the University of Vienna and Ernst-Happel Stadium. This marks Art-Invest Real Estate's first investment in Austria. Element by Westin debuts in Wroclaw, Poland, with a new opening scheduled for September 2024.