© Copyright Acquisition International 2026 - All Rights Reserved.

Article Image - Corinthia Hotels Announces the Acquisition of the Grand Hotel Astoria, Brussels
Posted 17th May 2016

Corinthia Hotels Announces the Acquisition of the Grand Hotel Astoria, Brussels

Corinthia Hotels Announces the Acquisition of the Hotel Astoria in Brussels.

Mouse Scroll AnimationScroll to keep reading

Let us help promote your business to a wider following.

Corinthia Hotels Announces the Acquisition of the Grand Hotel Astoria, Brussels
Image

Corinthia Hotels announces the acquisition of the Hotel Astoria in Brussels. This part-listed, trophy property has stood vacant for 10 years, but will now be fully refurbished as the city’s leading luxury hotel, branded the Corinthia Grand Hotel Astoria.

The Corinthia Grand Hotel Astoria will comprise 121 bedrooms and suites, as well as extensive banqueting, dining and spa facilities.

Situated in a prime location on Rue Royale in the heart of the city, the hotel was built in 1909 at the request of King Leopold II. It was for many years considered to be among the world’s finest luxury hotels and has welcomed a number of illustrious guests during the course of its history including former British Prime Minister Sir Winston Churchill and former US President Dwight Eisenhower.

Corinthia is committed to restoring the property, which has been vacant for the past decade, to its former glory.

Corinthia chairman Alfred Pisani said:

“We have earned an unparalleled reputation for restoring buildings of historical value and turning them into luxury hotels. The Corinthia Grand Hotel Astoria will be no exception.

“We aim to make this hotel the best in Brussels – committing the same passion and attention to detail as we have done with our hotel redevelopments in London, Budapest, St Petersburg and other major cities. We have full confidence in the city and are proud to have acquired such a gem in the heart of Europe.”

The Corinthia Grand Hotel Astoria’s façade and ground floor enjoy listed protection status, though the upper bedroom floors are currently stripped down to brick work awaiting full reconstruction. The property also includes adjoining land upon which the current structure will be extended. Works shall commence once all designs are completed.

Further luxury hotel projects are expected to be announced in the coming weeks to complement Corinthia’s growing portfolio of luxury hotels in prime locations.

Categories: Finance, M&A


You Might Also Like
Read Full PostRead - Eye Icon
Offsite Team Building: Does Your Company Need It?
News
30/01/2023Offsite Team Building: Does Your Company Need It?

Team building is, in the broad sense of the term, the process of forming and improving a team. Ideally, this is a complex of diverse activities aimed at forming an effective team, competent distribution of roles, and productive interaction of team members.

Read Full PostRead - Eye Icon
Why are Passwords Bad for Business?
News
10/01/2022Why are Passwords Bad for Business?

Would you believe that 87 per cent of internet users have found themselves locked out of an account at some stage? This surprising statistic highlights how passwords are the thorn in the sides of many people online.

Read Full PostRead - Eye Icon
Law Firm SEO Ranking Factors and Tips For Improving Your Rankings
Legal
04/05/2023Law Firm SEO Ranking Factors and Tips For Improving Your Rankings

In today's digital age, search engine optimization (SEO) is crucial for law firms that want to establish a strong online presence and attract new clients.

Read Full PostRead - Eye Icon
Solving the equity dilemma and funding the intangible economy
Finance
13/11/2019Solving the equity dilemma and funding the intangible economy

Alternative SME credit specialist Caple has supported EnSilica, a leading bespoke chip design and supply firm, with a £3.7m fully unsecured loan. This will enable EnSilica to continue its expansion into high-growth sectors including automotive, space and the

Read Full PostRead - Eye Icon
5 Tips on How Your Business Can Save On Energy Bills
Finance
29/05/20255 Tips on How Your Business Can Save On Energy Bills

The costs of starting and sustaining a small business can be daunting, but support is available to help you reap the rewards. So, what help is readily available when it comes to balancing energy costs? 

Read Full PostRead - Eye Icon
Driving Force
News
16/04/2021Driving Force

Helping organizations to reduce collisions, injuries, license violations and total cost of fleet ownership through a patented driver risk management program, eDrivingSM is a clear market leader in its field. As the global enterprise celebrates twenty-five year

Read Full PostRead - Eye Icon
How Technology Is Streamlining Personal Injury Claims Management
Legal
26/01/2026How Technology Is Streamlining Personal Injury Claims Management

The personal injury legal landscape has undergone a significant transformation in recent years, driven largely by rapid advances in technology. What was once a paper-heavy, time-consuming, and highly manual process is now increasingly streamlined by artificial

Read Full PostRead - Eye Icon
Next-Level Document Management: Why Virtual Data Rooms Are Vital
News
30/10/2023Next-Level Document Management: Why Virtual Data Rooms Are Vital

Despite economic concerns and supply chain challenges, 72% of global businesses want to expand. There is no turning back now that the entire world has gone globalized. Companies of all sizes are successfully extending their operations abroad. The global stage

Read Full PostRead - Eye Icon
Home Away From Home
Innovation
02/03/2021Home Away From Home

Ghana is rapidly growing into a major country on the international stage. with the region's expansion unquestionable, the importance of its capital city continues to increase. Accra has much to commend it, including the delightful @Home Boutique Hostel & S



Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have a number of unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

Arrow