© 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
How Much Will Bitcoin Be Worth in 2030
Finance
12/11/2021How Much Will Bitcoin Be Worth in 2030

In the next few years, one of the hottest commodities on the planet will be bitcoins. This will be an interesting topic for discussion when you read this: How much will bitcoins worth in 2030 report that was written by traders and investors.

Read Full PostRead - Eye Icon
Why Continuity and Succession Planning is Crucial for Businesses Right Now
Legal
21/10/2020Why Continuity and Succession Planning is Crucial for Businesses Right Now

Coronavirus has created many challenges for businesses and an area of discussion that has rapidly escalated in importance is around protection. Protection should always be an area of priority for a business, but the situation we find ourselves in has understan

Read Full PostRead - Eye Icon
Strategic Responses to Amazon Account Suspensions That Threaten Business Continuity
Legal
29/01/2026Strategic Responses to Amazon Account Suspensions That Threaten Business Continuity

For established Amazon sellers, an account suspension is not a routine inconvenience. It is a sudden interruption that can destabilize revenue, strain operations, and expose bigger risks within a business model that depends heavily on platform access, includin

Read Full PostRead - Eye Icon
How to Improve Efficiency at Your Warehouse
News
25/03/2024How to Improve Efficiency at Your Warehouse

How to Improve Efficiency at Your Warehouse Meta: How do you improve efficiency at your warehouse? Read our tips to find out. INSERT IMAGE: https://images.unsplash.com/photo-1586528116022-aeda1613c63d?q=80&w=1771&auto=format&fit=crop&ixlib=rb-4

Read Full PostRead - Eye Icon
Transformations in the Digital Age
Finance
10/06/2015Transformations in the Digital Age

Against the backdrop of the recession, there has been a relatively low level of M&A activity over the past five years; however things very much heated up in 2014.This rise looks set to continue in 2015, with economic conditions improving and business confidenc

Read Full PostRead - Eye Icon
‘Advice Gap’ Revealed as More Than Half of British Adults Fail to Seek Financial Help
Finance
26/03/2015‘Advice Gap’ Revealed as More Than Half of British Adults Fail to Seek Financial Help

A majority of British adults are falling through an 'advice gap' by not making use of financial advisers, according to new research from unbiased.co.uk and MetLife.

Read Full PostRead - Eye Icon
Common Myths About Personal Injury Lawyers Debunked
News
07/12/2023Common Myths About Personal Injury Lawyers Debunked

In the world of personal injury law, myths, and misconceptions abound like wildfire, casting a shadow of doubt over the crucial role that personal injury lawyers, including Bronx injury lawyer, play in securing justice for those who’ve been harmed. From

Read Full PostRead - Eye Icon
4 Top Tips for Startup Funding
Finance
06/04/20224 Top Tips for Startup Funding

Starting a business comes with a range of challenges and obstacles and it can be overwhelming to know where to begin. Here we share our 4 top tips on how to get started when seeking startup funding.

Read Full PostRead - Eye Icon
Integrating Knowledge Management into Business Growth Strategies
Strategy
20/10/2025Integrating Knowledge Management into Business Growth Strategies

Knowledge is one of the most valuable assets that a company can possess in today’s fast-paced business environment. From internal processes to customer insights, businesses generate and consume large amounts of data every day. But simply possessing this



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