© 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
UK-based medicinal cannabis private equity fund-vehicle JPD Capital expands into Spanish market
M&A
22/12/2020UK-based medicinal cannabis private equity fund-vehicle JPD Capital expands into Spanish market

Medicinal cannabis Private Equity fund-vehicle JPD Capital has announced it has entered into a joint venture with Verdex Group to create and scale a medicinal cannabis start-up in Spain.

Read Full PostRead - Eye Icon
The Most Highly Regarded Expert Witnesses of 2015
Legal
08/06/2016The Most Highly Regarded Expert Witnesses of 2015

What should you be doing to avoid delays and disputes in construction and infrastructure projects

Read Full PostRead - Eye Icon
Xplore Agrees to Purchase Motion Computing
Finance
Read Full PostRead - Eye Icon
Protecting Yourself Against a Recession
Strategy
28/05/2020Protecting Yourself Against a Recession

The coronavirus outbreak has spread to businesses, leaving many around the world counting costs. Notoriously, known as the Great Lockdown, it’s been affecting the world economy since early this year. The predicted recession is considered to be the steepest e

Read Full PostRead - Eye Icon
Clifford Chance Advise Perceva Acquisition of Vanity Fair brand
M&A
30/07/2015Clifford Chance Advise Perceva Acquisition of Vanity Fair brand

Clifford Chance Advise Perceva Acquisition of Vanity Fair brand

Read Full PostRead - Eye Icon
Where Next for Euro Government Bonds?
Finance
20/02/2015Where Next for Euro Government Bonds?

The ECB published its first-ever minutes of a policy meeting, revealing plans to expand its Quantitative Easing (QE) programme.

Read Full PostRead - Eye Icon
Can You Buy Shares Of A Company Online From The Uk?
News
10/10/2022Can You Buy Shares Of A Company Online From The Uk?

You've certainly daydreamed more than once about how you'll invest in a firm, retire well, and see the globe. The accomplishment of this is not a simple task, but one has to begin somewhere. To get started in the world of investing, you don't have to need a la

Read Full PostRead - Eye Icon
Gloo Networks PLC IPO
Strategy
04/08/2015Gloo Networks PLC IPO

Gloo Networks PLc IPO

Read Full PostRead - Eye Icon
2016 Most Innovative Law Firm in Austria
Legal
04/04/20162016 Most Innovative Law Firm in Austria

BREITENEDER Rechtsanwälte. Attorneys at Law is one of the leading Austrian and internationally recognized law firms specialized in investor protection, securities litigation and capital market law (investors only).



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