© 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 Can Cloud-Based Systems Enhance Business Scalability?
News
28/05/2024How Can Cloud-Based Systems Enhance Business Scalability?

Scaling a business is not just about bigger; it’s about smarter. Cloud-based systems stand as the modern levers that businesses pull for this smarter growth. They represent more than just technology – they are a shift in how we think about resource

Read Full PostRead - Eye Icon
Unlocking The Potential
Innovation
04/03/2021Unlocking The Potential

Operating in UK, India and the Netherlands, SNAK is on a mission to unlock potential and deliver results to each and every one of its clients. Working with a vast range of clients, from start-ups to Fortune 500 companies, SNAK’s award-winning work they deliv

Read Full PostRead - Eye Icon
The Basic Principles of a Business’ Customer Acquisition and Retention
Finance
12/12/2022The Basic Principles of a Business’ Customer Acquisition and Retention

Understanding the basic principles of customer acquisition and retention is key to building a strong business. Here are some tips that you can use today!

Read Full PostRead - Eye Icon
Things To Consider When Choosing Legitimate Money Lenders
Finance
15/10/2020Things To Consider When Choosing Legitimate Money Lenders

Fintech ventures have changed the borrowing system, making it more accessible and reliable. This revolution has made private money lenders pose a constant threat to traditional banks. However, the current economic climate and popularity of this business have m

Read Full PostRead - Eye Icon
How an Accountant Can Be Beneficial for Your Business
Finance
11/06/2021How an Accountant Can Be Beneficial for Your Business

Behind every successful business is a dedicated workforce that works tirelessly under the leadership of a great business person. However, supporting the leader in making some of the big decisions for the company, in particular decisions regarding finance, is a

Read Full PostRead - Eye Icon
How Common Are Office Injuries – And What Can You Do About Them?
Legal
31/05/2022How Common Are Office Injuries – And What Can You Do About Them?

Being an office worker may not be amongst the riskiest professions, but an office environment can present a range of hazards which often result in harm. But what can you do if you’ve been injured at work?

Read Full PostRead - Eye Icon
xAPI LMS Explained: Tracking Learning Beyond SCORM
Technology
16/04/2026xAPI LMS Explained: Tracking Learning Beyond SCORM

Learning management systems have transformed over the years. The majority of organisations today are not nailing progress to a single, traditional standard such as SCORM. The Experience API, or xAPI, revolutionises how our training administrators can capture a

Read Full PostRead - Eye Icon
Thinking Differently About M&A Integrations
M&A
Read Full PostRead - Eye Icon
6 Basic Principles of a Successful Business Trip
Corporate Social Responsibility
07/09/20226 Basic Principles of a Successful Business Trip

if you travel frequently or are going on business trips for the first time, this article is for you. We have prepared 6 tips for those who want to make a business trip routine a pleasant journey.



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