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Avani Museum Quarter Amsterdam Hotel – Image Credit Avani Hotels
A summary of European hotel transactions provided by HVS
Event Hotels acquires 17 hotels in Germany from Blackstone
German owner-operator Event Hotels has acquired a portfolio of 17 Accor-branded hotels (2,021 rooms) in Germany from US private equity group Blackstone. The portfolio comprises 10 Ibis hotels (932 rooms) and 7 Mercure hotels (1,089 rooms). All hotels are situated in Germany, including Frankfurt, Cologne and Munich as well as various tier 2 cities. Following this acquisition, Event Hotels will undertake targeted renovations, invest in technology upgrades, and introduce initiatives to enhance the guest experience.
Arora Group and Deva Capital acquire Novotel London West
UK owner-operator Arora Group, together with Deva Capital, an investment arm of Spanish Banco Santander’s Alternative Investments division, has acquired the four-star, 630-room Novotel London West for an amount reported to be £160 million (£254,000 per room). The property is situated in West London, near Hammersmith Underground Station. The hotel includes two restaurants, a bar and 33 meeting rooms totalling 1,700 sqm. This is Arora’s second hotel in central London and the 21st in its portfolio. In July 2025, Arora acquired UK owner-operator and developer Bloc Hotels, as reported in this newsletter.
Pontegadea acquires Avani Museum Quarter Amsterdam Hotel from Minor
Billionaire Inditex founder Amancio Ortega, through his family office Pontegadea, has acquired the four-star, 163-room Avani Museum Quarter Amsterdam Hotel in the Netherlands for €85 million (€521,500 per room), from Minor Hotels (previously known as NH Hotels in Europe). The property is situated in Amsterdam’s museum district near the Van Gogh museum and the Rijksmuseum. The hotel includes a pantry restaurant, bar and two meeting rooms. In July 2025, Pontegadea also acquired the five-star, 90-room Hotel Banke de Paris in France, as reported in this newsletter.
Peerâ Hotels acquires Imatran Valtionhotelli in Finland from Pandox
Finnish owner-operator Peerâ Hotels & Cottages has acquired the four-star, 137-room Imatran Valtionhotelli in Imatra, Finland, from Swedish hotel investor Pandox AB. The property is situated in southeastern Finland, near the Russian border. The spa hotel is in a castle and includes a restaurant, bar and seven meeting rooms. Prior to the acquisition, it was operated by the Swedish operator Scandic Hotels. The new owners are scheduled to take over operations in mid-September 2025.
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