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Interstate Hotels & Resorts adds three new hotels to its global portfolio

ARLINGTON, VA - Interstate Hotels & Resorts announces the addition of three new hotels to its international portfolio, including the Company's first entry into Germany. | eTurboNews | Trends | Travel News ....

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Greenberg Traurig Advises Activum on Acquisition of Dutch Odyssey Hotel Group | News

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A multi-office European team at global law firm Greenberg Traurig advised British investment manager ActivumSG Capital Management (Activum) on the acquisition of a majority stake in Odyssey Hotel Group (Odyssey). The acquisition of the Dutch hotel operator was made by the fund Activum SG Real Estate Fund VI . The parties have agreed not to disclose the purchase price.
Odyssey operates hotels in Europe with a focus on Germany and the Netherlands. The company currently operates 12 hotels with 1,940 rooms and has a pipeline of 20 more hotels.
The Greenberg Traurig team, under the joint leadership of Peter Schorling and Martijn Hermus, included lawyers from the firm’s offices in the Netherlands, Germany, and the United Kingdom. Members comprehensively advised Activum on all legal aspects of the transaction by way of a share deal. ....

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Europe Hotel Transactions Bulletin - Week Ending 15 January 2021

Europe Hotel Transactions Bulletin - Week Ending 15 January 2021
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Odyssey Hotel Group for its latest real estate fund,
ActivumSG Real Estate Fund VI, expecting to benefit from the recovery of the hospitality industry after COVID-19. Odyssey focuses on operating hotels in under-served, mid-sized towns and cities in continental Europe. It currently operates 12 hotels in Germany, the Netherlands and Finland, mostly under franchise agreements with
Marriott and
IHG. The acquisition will lift ActivumSG s rooms-under-management from 1,940 today to 5,200 and follows their previous acquisitions of Dutch residential developer
VanWonen and the luxury
Aberdeen acquires room2 hometel Southampton for £10 million ....

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