Dynamique Hotels, an investment company founded by CBRE Investors, has acquired 10 Akena hotels from Promogest for an undisclosed amount, French newspaper Business Immo reported. The company, which currently owns a total of 57 hotels, added that it is currently considering acquisitions of other 60 hotel sites, which should allow Dynamique Hotels' portfolio to reach 200 by the end of 2007.
Dynamique Hotels, an investment company founded by CBRE Investors, has acquired 10 Akena hotels from Promogest for an undisclosed amount, French newspaper Business Immo reported. The company, which currently owns a total of 57 hotels, added that it is currently considering acquisitions of other 60 hotel sites, which should allow Dynamique Hotels' portfolio to reach 200 by the end of 2007.
The Akena hotel chain has a portfolio of 30 one- to three-star hotels across Belgium and France.
