© 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
At the Heart of Europe’s Cardiovascular Research Scene
Corporate Social Responsibility
06/02/2024At the Heart of Europe’s Cardiovascular Research Scene

Founded in 2012, the European Cardiovascular Research Institute (ECRI) was established for the purposes of serving as a collaborative effort for European nations to undertake investigator-initiated cardiology studies.

Read Full PostRead - Eye Icon
Staying Focused on the Customer
Leadership
31/08/2016Staying Focused on the Customer

Masumali Meghji Insurance Brokers Ltd is one of the largest independent insurance brokers in Mombasa County, and has been serving the community for 35 years. We cater for a wide variety of clients with different needs in the insurance industry, ranging from mu

Read Full PostRead - Eye Icon
Unlocking Corporate Appeal: How Print On Demand Elevates Brand Identity
News
31/08/2023Unlocking Corporate Appeal: How Print On Demand Elevates Brand Identity

Unlocking Corporate Appeal: How Print On Demand Elevates Brand Identity As companies try to make a name for themselves in the digital age, it is important to use strategies that help them stand out. Even though there are a lot of different ways to sell, print

Read Full PostRead - Eye Icon
Next-Generation Retail Solutions
News
08/08/2023Next-Generation Retail Solutions

Vision Group has become a renowned conglomerate on the world stage thanks to an outlook and mission to deliver best in class, technology-driven solutions that reinvigorate the ever-moving retail landscape.

Read Full PostRead - Eye Icon
As the Media Frenzy From GDPR Dies Down, Companies Need To Reman Vigilant Against Data Breaches
Legal
10/09/2019As the Media Frenzy From GDPR Dies Down, Companies Need To Reman Vigilant Against Data Breaches

When the GDPR legislation was being created there was a flurry of media reports and business commentary on the importance of data safety, with companies and individuals alike scrutinising their own policies and working on improvement. A little more than a year

Read Full PostRead - Eye Icon
Comprehensive Guide to Understanding Your Benefit Entitlements
News
27/10/2023Comprehensive Guide to Understanding Your Benefit Entitlements

If you’re on the journey of hiring in the beautiful land of Australia, it’s super crucial to nail that benefits package. Not only do you need to stay aligned with Australia’s labour laws (no one likes legal hiccups, right?), but you also want

Read Full PostRead - Eye Icon
Understanding the Evolving Landscape of Asset Management in the Financial Industry
Finance
18/09/2023Understanding the Evolving Landscape of Asset Management in the Financial Industry

Like most industries, the financial sector has had major evolutions, and asset management plays a huge role. This evolution has reshaped how financial assets are cultivated, optimised, and safeguarded. It has ultimately redefined the relationships between asse

Read Full PostRead - Eye Icon
It’s Time for Retailers to Get Serious About Application Security
News
08/07/2025It’s Time for Retailers to Get Serious About Application Security

Retailers are operating in one of the most digitally exposed sectors today, and application security has become a frontline concern.

Read Full PostRead - Eye Icon
Ones to Watch for 2016: The Leading Tax Experts
Finance
05/05/2016Ones to Watch for 2016: The Leading Tax Experts

ARN HOXTON is a boutique accounting firm based in the city of London, primarily offering services to small and medium sized businesses.



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