© 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
Economic Treats
Finance
16/07/2015Economic Treats

Having worked in Financial Intelligence for over 20 years, Nevyan have been involved in a number of ‘High Level’ investigations, where the use of Offshore Vehicles has become common place to hide assets and moreover purchase Land and Property in key market

Read Full PostRead - Eye Icon
An Inclusive Approach
Legal
08/10/2021An Inclusive Approach

When Perez & Barros Sociedade de Advogados was established in 2018, it was designed to reflect the needs of the day, drawing on modern, customized and ethical legal services. In three years, their efforts have been rewarded with success in 2021’s Global

Read Full PostRead - Eye Icon
Your Hybrid Team Has the Capacity, So Why Is Output Still Falling Short?
Leadership
08/09/2025Your Hybrid Team Has the Capacity, So Why Is Output Still Falling Short?

On paper, your hybrid team looks set up to deliver. The skills are there, the schedules line up, and the workload seems manageable. But deadlines keep slipping, handoffs sit idle, and somehow all that effort doesn’t add up to finished work. This article expl

Read Full PostRead - Eye Icon
Nuance to Acquire TouchCommerce, Accelerate Growth of Enterprise Business
Strategy
21/07/2016Nuance to Acquire TouchCommerce, Accelerate Growth of Enterprise Business

Nuance Communications, Inc. today announced that it has signed a definitive agreement to acquire TouchCommerce, a technology partner and leader in digital customer service and engagement solutions.

Read Full PostRead - Eye Icon
Leadership is making a comeback – what does this mean for finance professionals?
Finance
29/10/2019Leadership is making a comeback – what does this mean for finance professionals?

Driven by the meteoric rise of visionary tech billionaires, the popularity of strong leadership in the workplace has soared in the last seven years. In 2012, just 14% of employees said strong leadership was an important factor in attracting them to a new emplo

Read Full PostRead - Eye Icon
Prima BioMed Acquisition of Immutep SA
M&A
30/01/2015Prima BioMed Acquisition of Immutep SA

Marc Voigt is CEO of Prima BioMed Ltd. He talks to AI Global about a landmark transaction, completed earlier this year.

Read Full PostRead - Eye Icon
Turnaround Management and Corporate Renewal
Finance
06/06/2016Turnaround Management and Corporate Renewal

Loughlin Management Partners + Co (“LM+Co”) provides comprehensive services to support client companies including interim management, value creation and performance improvement, restructuring and turnaround advisory, and corporate finance.

Read Full PostRead - Eye Icon
Making the Right Moves: M&A Success through Virtual Data Rooms
News
07/12/2023Making the Right Moves: M&A Success through Virtual Data Rooms

Whenever companies require M&A, they want to organize the process as well as possible. At its core, the M&A process is quite understandable and common in the business world, as it allows combining the capabilities of two companies into one new, more po

Read Full PostRead - Eye Icon
Peer-to-Peer Lending: A Comprehensive Overview of How It Works, Pros & Cons
News
31/07/2023Peer-to-Peer Lending: A Comprehensive Overview of How It Works, Pros & Cons

Peer-to-Peer lending is a form of lending in which borrowers and lenders connect with one another without the involvement of traditional lending institutions. 



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