HVS Hodges Ward Elliott Advised On Sale of Five Belgian Hotels
Friday April 12th, 2013 - 11:00AM W
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BRUSSELS, BELGIUM—HVS Hodges Ward Elliott, acting on behalf of BRE Europe Hotel Holding and Alliance Hotellerie, has arranged the sale of shares in the owning companies of five Belgian hotels to CTF Development.
The properties are the 201-room Mercure Brussels Center Louise, 105-room Mercure Liege Centre, 101-room Mercure Leuven Center, 87-room Alliance Hotel Brussels Airport and 79-room Alliance Hotel Brussels Expo.
All five hotels will be fully renovated and rebranded under the pentahotels brand, taking the total number of pentahotels in Europe to 24.
Tags: • Hospitality •
The theme of this year’s ALIS conference was “Don’t Worry, Be Happy.” But, lets face it, there are always going to be some people who aren’t happy unless they are worried about something—whether it’s the Fed potentially raising interest rates or that the price of oil is now too low, threatening to cripple the economies of some foreign nations.