© 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
Law Firm SEO Ranking Factors and Tips For Improving Your Rankings
Legal
04/05/2023Law Firm SEO Ranking Factors and Tips For Improving Your Rankings

In today's digital age, search engine optimization (SEO) is crucial for law firms that want to establish a strong online presence and attract new clients.

Read Full PostRead - Eye Icon
3 Tips When Remortgaging Your Home
Finance
02/12/20213 Tips When Remortgaging Your Home

To remortgage means that you essentially replace your existing home loan with a new one, with potentially better terms. The most popular reasons for refinancing are reducing monthly repayments, securing a lower interest rate, consolidating loans, or changing t

Read Full PostRead - Eye Icon
Seven Easy Steps Employers Can Take to Engage Gen Z in the Workplace
Leadership
01/07/2024Seven Easy Steps Employers Can Take to Engage Gen Z in the Workplace

Whether it is maintaining flexibility in the workplace or scrapping annual reviews, there are plenty of ways to keep this generation engaged. Below you can find compelling insights into how Gen Z is navigating the workplace, and effective strategies emplo

Read Full PostRead - Eye Icon
A Deep-Dive into Mergers & Acquisitions in the Age of Mass Tort
News
07/08/2023A Deep-Dive into Mergers & Acquisitions in the Age of Mass Tort

Mergers and acquisitions are a part of business growth, with the former allowing businesses to join arms to increase their financial muscle power. In contrast, the latter allows businesses to buy out their competition or diversify. While they come with advanta

Read Full PostRead - Eye Icon
3 Ways to Realistically Finance Your Next Fix and Flip
News
28/07/20253 Ways to Realistically Finance Your Next Fix and Flip

3 Ways to Realistically Finance Your Next Fix and Flip Looking for your next fix and flip and want to know all your financing options? Don’t be so quick to hand your money over to the first lending solution you come across. You’ll want to make a st

Read Full PostRead - Eye Icon
Understanding Personal Injury Legal Services
News
27/05/2024Understanding Personal Injury Legal Services

When we hear the term “personal injury,” we often think of obvious physical wounds like broken bones, cuts, or bruises. However, personal injury cases encompass much more than just visible harm. Personal injury law recognizes that accidents and neg

Read Full PostRead - Eye Icon
The Systems Investment Firms Use to Manage Risk and Compliance
Technology
23/03/2026The Systems Investment Firms Use to Manage Risk and Compliance

Investment firms operate in one of the most heavily regulated environments in the business world. Asset managers, private equity firms, hedge funds, and venture capital groups all face complex compliance requirements designed to protect investors and maintain

Read Full PostRead - Eye Icon
Cloud Pioneer Liaison Technologies Launches Industry’s First dPaaS
Innovation
02/04/2015Cloud Pioneer Liaison Technologies Launches Industry’s First dPaaS

Liaison Technologies, the industry-recognized leader in cloud-based integration and data management offerings, today announced the availability of the Liaison Alloy Platform™, the industry's first dPaaS (Data Platform as a Service) solution.

Read Full PostRead - Eye Icon
A Guide to Real Estate Investment Financing In Calgary’s Housing Market
News
04/09/2023A Guide to Real Estate Investment Financing In Calgary’s Housing Market

Dipping your toes into the Calgary housing market can be a profitable venture for both experienced investors and those just starting out. However, obtaining the right financing to turn your investment dreams into reality is crucial. In this article, we’l



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