© 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
Corporate Responsibility – how can SMEs get involved?
News
14/07/2023Corporate Responsibility – how can SMEs get involved?

Corporate Responsibility – how can SMEs get involved? What is corporate responsibility (CSR)? Corporate responsibility is defined as corporations having a responsibility to the groups and individuals it can affect such as its stakeholders and to society

Read Full PostRead - Eye Icon
Trademark Law: Trending to the Top
Legal
03/02/2015Trademark Law: Trending to the Top

Edwin Coe believe intellectual property is a vital tool in the creation and protection of dynamic business assets.

Read Full PostRead - Eye Icon
Baker & McKenzie Advise During Walmark’s Acquisition of Pneumolan
Legal
20/08/2015Baker & McKenzie Advise During Walmark’s Acquisition of Pneumolan

Baker & McKenzie Advise During Walmark's Acquisition of Pneumolan

Read Full PostRead - Eye Icon
Manufacturing Sector ‘Enduring a Real Struggle’ Says EY ITEM Club
Finance
10/09/2015Manufacturing Sector ‘Enduring a Real Struggle’ Says EY ITEM Club

Research from multinational professional services firm EY suggests a slowdown in gorwoth in the manufacturing sector for the 3rd quarter of 2015.

Read Full PostRead - Eye Icon
Ghazanfar Bank – Best of the Best in Finance
Finance
01/11/2016Ghazanfar Bank – Best of the Best in Finance

Ghazanfar Bank serves the financial needs of a variety of commercial customers. Ghazanfar Bank was established in March 2009 serving tens of thousands of customers.

Read Full PostRead - Eye Icon
A Guide to Battery Holders
News
24/01/2023A Guide to Battery Holders

If you’re going to be designing circuits which rely on battery power, then it’s worth acquainting yourself with the range of different battery holders available, and their respective strengths and weaknesses. These range from the surface-mounted devices wh

Read Full PostRead - Eye Icon
Enhancing Security and Efficiency: Integrating BIN Checker Tools into Payment Processing Systems
News
16/02/2024Enhancing Security and Efficiency: Integrating BIN Checker Tools into Payment Processing Systems

In the realm of online transactions, security and efficiency stand as the twin pillars upon which trust and reliability are built. As digital commerce continues to evolve, businesses and consumers alike demand robust safeguards against fraudulent activities wh

Read Full PostRead - Eye Icon
Intellectual Property: Protecting and Realising the Value of Intangible Assets
Leadership
07/12/2015Intellectual Property: Protecting and Realising the Value of Intangible Assets

M. Uzcátegui & Asociados is a professional company founded by Dr. Mariano Uzcátegui Urdaneta and Dr. Rafael Pizani in 1955 under the name of Escritorio Pizani. Leonardo E. Uzcategui L. talks us through the firm and their work.

Read Full PostRead - Eye Icon
New 3D Approach to Engaging Research
Innovation
12/11/2015New 3D Approach to Engaging Research

A new research tool, Voxter, has been launched in London as an innovative, 3D communication solution for meaningful research.



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