Germany's Lindner Hotel Group (LHG) has taken over the operation of five hotels previously managed by Düsseldorf-based hotel investor and developer 12.18. as part of a merger deal.
Opportunistic investors KKR and Baupost confirmed the acquisition of a portfolio of 33 Marriott International hotels across the UK from ADIA, while listed property group Covivio completed the purchase of 43 hotel properties in France, Belgium and Germany, in a €800 mln swap deal with AccorInvest.
