© 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
5 Tips on How Your Business Can Save On Energy Bills
Finance
29/05/20255 Tips on How Your Business Can Save On Energy Bills

The costs of starting and sustaining a small business can be daunting, but support is available to help you reap the rewards. So, what help is readily available when it comes to balancing energy costs? 

Read Full PostRead - Eye Icon
How To Integrate Physical and Cybersecurity Into Your Business
Corporate Social Responsibility
31/10/2024How To Integrate Physical and Cybersecurity Into Your Business

Businesses today are juggling both physical and digital threats, often simultaneously. It’s not uncommon for companies to focus heavily on cybersecurity only to leave physical security as an afterthought. Integrating both physical and cybersecurity is about

Read Full PostRead - Eye Icon
Ferro Enters into Agreement to Acquire Global Inorganic Pigments Manufacturer Nubiola
Finance
30/04/2015Ferro Enters into Agreement to Acquire Global Inorganic Pigments Manufacturer Nubiola

Ferro Corporation announced today that it has signed a definitive agreement with the shareholders of Barcelona-based Nubiola Pigmentos to acquire 100% of the equity of Nubiola, on a cash-free and debt-free basis, for €146 million.

Read Full PostRead - Eye Icon
The Best in IP
Legal
29/09/2016The Best in IP

Founded in 1937 as a Patent and Trademarks Agency, Sena & Berton Moreno has grown to reach a workforce of forty people offering a range of services to its clients today.

Read Full PostRead - Eye Icon
A Leading Light in Law
Leadership
23/07/2019A Leading Light in Law

Ramni Taneja is an Indian Advocate, a sole practitioner, a litigator and also a transactional lawyer. Throughout her career, Ramni has accumulated experience, accolades and a wealth of loyal clients.

Read Full PostRead - Eye Icon
Why Investors Are Paying Attention to the Rise of Remittance Apps
Finance
24/04/2026Why Investors Are Paying Attention to the Rise of Remittance Apps

The global remittance market has been changing over the years, favoring a heavy focus on innovative digitalization over slow, cost-intensive traditional systems. This shift is evidenced by the unprecedented rise in mobile-first remittance apps, which are takin

Read Full PostRead - Eye Icon
5 Strategies for Real Estate Agents to Thrive During the Holidays
News
19/11/20215 Strategies for Real Estate Agents to Thrive During the Holidays

The winter holidays make you think of home and the comfort of having your own place. As a real estate agent, you could say that this is the perfect time for connection and a bit of well-targeted marketing. While you may not have that many clients, specialists

Read Full PostRead - Eye Icon
Data Quality Holds the Key to Greater Profits, Finds Report
Finance
18/03/2015Data Quality Holds the Key to Greater Profits, Finds Report

A new report by Experian confirmed that while businesses are increasingly aware of the potential of their data – with estimates that it could improve profitability by up to 15%- more than 90% still find data improvement challenging.

Read Full PostRead - Eye Icon
Navigating Personal Injury Claims: The Role of a Queens Personal Injury Attorney
Legal
30/05/2023Navigating Personal Injury Claims: The Role of a Queens Personal Injury Attorney

Life can sometimes throw unexpected challenges our way. One such unexpected event can be a personal injury. These incidents can change our lives dramatically, causing not only physical pain but also emotional trauma and financial burden.



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