© 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
The Impact of Wellness Programs on Worker’s Compensation Claims
Legal
31/08/2022The Impact of Wellness Programs on Worker’s Compensation Claims

Employee wellness is becoming an increasing point of emphasis in recent years. Worker burnout is one of the leading causes of individuals choosing to leave their jobs, along with poor work/life balance and not feeling valued. When employees do not feel that th

Read Full PostRead - Eye Icon
Private Risk Capital Development Advisors, LLC, Leading the way in PPLA and PPA Solutions
Finance
16/06/2020Private Risk Capital Development Advisors, LLC, Leading the way in PPLA and PPA Solutions

When it comes to Private Placement Life Insurance (PPLI) and Private Placement Annuity (PPA), the firm that supports you must be one you trust implicitly. It’s a business where every detail must be tended to with care. The team at Private Risk Capital Develo

Read Full PostRead - Eye Icon
CEO of the Month – UK
Leadership
03/06/2016CEO of the Month – UK

With offices in London, UK and Chicago, USA, Adgistics is a marketing technology solution provider that helps to grow the value of brand assets for global businesses

Read Full PostRead - Eye Icon
Novel Biological Medicines
Innovation
01/03/2016Novel Biological Medicines

Batavia Biosciences focuses on accelerating the transition of novel biological medicines from laboratory bench to the clinic with improved success and lower cost.

Read Full PostRead - Eye Icon
(US) Small Businesses Employment Showed Modest Increase in March
Finance
31/03/2015(US) Small Businesses Employment Showed Modest Increase in March

Intuit Inc. today issued its monthly Small Business Employment and Revenue Indexes.

Read Full PostRead - Eye Icon
Strategy, Management & Legal
Finance
08/01/2018Strategy, Management & Legal

Grand Hill Consulting is one of the most successful restructuring boutiques in Brazil.

Read Full PostRead - Eye Icon
The Global Face of Fraud: Mitigating Fraud Risks When Expanding Internationally
News
13/11/2023The Global Face of Fraud: Mitigating Fraud Risks When Expanding Internationally

Global expansion is the way forward for businesses looking to upscale in 2023 and beyond. The past few years have laid the foundation for international expansion, and now more and more merchants are embracing the opportunities.

Read Full PostRead - Eye Icon
4 Things to Do to Improve Your Finances
Finance
28/06/20214 Things to Do to Improve Your Finances

We are all looking for quick ways that will give us some financial stability back into our lives after the craziness of the last year. We could all do with a little savings boost that will give us a cushion to fall back on should we need it. If you are looking

Read Full PostRead - Eye Icon
Making Language Simple
News
03/08/2022Making Language Simple

Winning Most Outstanding Language Coaching & Training Firm – 2022 is only one of Efficient Language Coaching’s many achievements.



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