Hamilton and Centerbridge acquire Belgian Hotel Portfolio
In a partnership between London's Hamilton Hotel Investors and New York-based private equity firm Centerbridge Partners, a portfolio of nine hotels have been acquired from WNE Investor S.À R.L. The hotels, five of which operate under the Holiday Inn and Holiday Inn Express brands, are located in Belgium and France, comprising a total of 1,120 rooms in locations including Antwerp, Hasselt, Ghent and Liege in Belgium, as well as Calais in France. While Hamilton will assume the management of the portfolio, the new owners will deploy substantial capital into the refurbishment of F&B, public spaces and guest rooms.
Source: HN