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Fattal Hotels has completed a €315 million fund raise for the purchase of new hotels in Europe in the coming year.

Fattal sells, leases back two Munich hotels The deal will generate cash flow of NIS 130 million for the Fattal group, which has reopened its hotels in Israel. Fattal Properties (Europe) Ltd. announced today that it had signed sale and leaseback agreements on two hotels in Munich: Leonardo Hotel & Residence Munich and Leonardo Hotel Munich City West, for €77 million (NIS 305 million, of which NIS 16 million is earmarked for renovations). In addition, Fattal's management company in Germany, Sunflower Management GmbH & Co. KG, has signed a lease agreement with the buyers whereby the two hotels...

Langham Hotels CEO Stefan Leser on What 2021 Holds Key openings in Indonesia and the US promise to make next year exciting for Langham Hospitality Group. By Patricia Kahn-Saunders |  December 24 2020 The Langham, Nymphenburg / ©The Langham Stefan Leser joined Langham Hospitality Group in 2018 as chief executive officer and oversees all aspects of the its global portfolio of hotels, resorts and residences. Leser has over 30 years of experience in the travel and hospitality industries and, prior to Langham, held executive positions at Jumeirah International and Kuoni Trav...