Aroundtown has been shedding hotels
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Aroundtown has been shedding hotels

CenterParcs - Landes de Gascogne
Are Aroundtown's Centre Parcs assets up for sale? / © sanderbaks.com

The large-scale investor Aroundtown has chosen to sell hotels out of its multi-asset portfolio to raise cash and reduce leverage. Several Center Parcs resorts are up for sale. Nevertheless, the hotel investments have held up better than that of the overall portfolio average. 

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LXi Reit obliged to sell 66 Travelodges

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It is one of the biggest hotel deals in Europe this year: LXi REIT announced that it is selling 66 of its 122 Travelodge hotel properties for a total of £210mn (€242mn). The sale has not yet been finalised. At the same time, Travelodge itself is about to be sold.

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