© 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
India: The Rise  of a Sleeping Giant
Finance
02/10/2015India: The Rise of a Sleeping Giant

Lancers Network Limited is South Asia’s leading risk consulting firm, operating in the high-on-risk countries of the region and other parts of the world including Middle East and Asia Pacific countries.

Read Full PostRead - Eye Icon
Need to Address Multiple Professionals in an Email? Here’s How You Do It
News
20/11/2023Need to Address Multiple Professionals in an Email? Here’s How You Do It

If you ever find yourself in the position of needing to email multiple business associates, it’s essential to know how to address them professionally and respectfully. After all, these are busy professionals. The way you address them in your email can ma

Read Full PostRead - Eye Icon
6 Common Issues With Medical Billing — and How to Overcome Them in Your Business
Innovation
15/05/20236 Common Issues With Medical Billing — and How to Overcome Them in Your Business

Running a medical billing business can be an incredibly rewarding endeavour, but it is not without its challenges. Every day, healthcare businesses face complex and ever-changing regulations that must be navigated to ensure accurate payments for services rende

Read Full PostRead - Eye Icon
What The Latest Google Algo Updates Mean For Small Independent Webmasters
News
23/10/2023What The Latest Google Algo Updates Mean For Small Independent Webmasters

There’s no question that navigating the terrain of Google’s algorithm updates can be a daunting task for small independent webmasters. Stick with us as we go about unraveling how these changes can impact your site and offer practical strategies to

Read Full PostRead - Eye Icon
StudentUniverse Acquired By Flight Centre Travel Group
Finance
22/12/2015StudentUniverse Acquired By Flight Centre Travel Group

StudentUniverse to Scale Globally and Become the Worldwide Leader in the $180+ Billion Student Travel Industry

Read Full PostRead - Eye Icon
Artificial intelligence versus regulation
Leadership
19/07/2018Artificial intelligence versus regulation

As we stand on the threshold of the Fourth Industrial Revolution, the landscape ahead includes developments in areas such as blockchain, internet of things, and nanotechnology

Read Full PostRead - Eye Icon
Can You Pay to Have Your Credit Fixed?
Finance
06/12/2021Can You Pay to Have Your Credit Fixed?

Many companies claim they can "repair" or "fix" your credit. And yes, some of these types of services are scams. Moreover, you can do it yourself for free if you’re willing to put in the time and effort.

Read Full PostRead - Eye Icon
BTCGaw is Now Buying Bitcoins With 11% More Than Blockchain Official Rate
Finance
09/04/2015BTCGaw is Now Buying Bitcoins With 11% More Than Blockchain Official Rate

BTCGaw INC. has announced yesterday its latest offer for Bitcoin sellers: a conversion rate with an 11% increase compared to Blockchain's official rate.

Read Full PostRead - Eye Icon
Connecting to Success
Innovation
24/10/2019Connecting to Success

In a world that is increasingly focused on incorporating the latest technology and software, it is important to ensure that all industries have the ability to solve problems using high-performance computing systems. X-ISS is a cross-platform management and ana



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