© 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 Different Technologies Work Together to Help Developers Deliver Commercial Real Estate Projects On Time and On Budget
M&A
24/10/2022How Different Technologies Work Together to Help Developers Deliver Commercial Real Estate Projects On Time and On Budget

According to statistics by J.P. Morgan and Real Capital Analytics, the commercial real estate market is booming, multifamily vacancies are at a record low of 4.7%, and sales of commercial properties recorded a 56% year-over-year growth in Q1 2022.

Read Full PostRead - Eye Icon
Why Your IT Is Important To Your Physical Security
Innovation
22/02/2023Why Your IT Is Important To Your Physical Security

IT acts as the first barrier in your physical security system and protects your cloud-based physical security features from interception. Merging digital and physical security is necessary to protect your building and the assets stored within your facilities.

Read Full PostRead - Eye Icon
B2M Solutions CRO Gary Lee’s 2020 Predictions for Enterprise Mobility
Innovation
03/12/2019B2M Solutions CRO Gary Lee’s 2020 Predictions for Enterprise Mobility

Almost every business across the globe is using mobile devices to optimise processes, streamline workflows and increase workforce productivity. But, as 5G becomes established and digital transformation earns commonplace, what is in store for enterprise mobilit

Read Full PostRead - Eye Icon
The Smart Choice
Innovation
13/02/2017The Smart Choice

Remfry & Son is a well-established law firm which continues law practice first established in 1827 by its founder Mr. Henry Oliver Remfry of England U.K. and carried on under the name of Remfry & Son by Mr. Chughtai Mirza Jamiluddin, Advocate. Professional pra

Read Full PostRead - Eye Icon
The Future of Retail: 4 Key Challenges to Watch Out For
News
03/10/2023The Future of Retail: 4 Key Challenges to Watch Out For

The retail industry is facing a tough test in 2023, and there are many signs that it will be another challenging year for many businesses.

Read Full PostRead - Eye Icon
Three Tips for Keeping Your Business’ Data Secure
News
21/07/2023Three Tips for Keeping Your Business’ Data Secure

Businesses worldwide are always looking for ways to improve the efficiency of their business and add more security. After all, there are many reasons for business owners to be concerned. There may be a lot of important data and information at risk.

Read Full PostRead - Eye Icon
Golden Opportunities in Indonesia’s IP Industry
Finance
31/08/2016Golden Opportunities in Indonesia’s IP Industry

Am Badar & Partners is one of the leading intellectual property (IP) firms in Indonesia. The firm was founded by Mr Toetoen Ambadar, SH and established as legal entity on September 2 1965.

Read Full PostRead - Eye Icon
Most Innovative Medical Device Manufacturer 2024 – Southern California
Innovation
25/06/2024Most Innovative Medical Device Manufacturer 2024 – Southern California

In the healthcare sector, Artificial Intelligence (AI) continues to prove itself a true gamechanger, whether used to organise patient data or in the form of robots to assist in surgery. PathFree Technologies Corporation (PathFree) is an American manufacturing

Read Full PostRead - Eye Icon
Harnessing the Power of Lanyards for Workplace Unity and Collaborative Success
News
31/07/2023Harnessing the Power of Lanyards for Workplace Unity and Collaborative Success

Workplaces can quickly go downhill if staff members aren’t working well together. Business owners can spend a fortune trying to foster a sense of unity and collaborative success in the workplace – but there may be a more affordable solution. Lanyar



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