Six deals in one week
HVS published its Europe hotel transactions bulletin for the week ending 16 October 2026. The edition carries six transactions across the United Kingdom, Switzerland, France and Germany. No deal carries a disclosed sale price.
Bristol: Leonardo buys The Bristol Hotel
Leonardo Hotels, the European division of Fattal Hotel Group, acquired the four-star, 187-room Bristol Hotel from The Doyle Collection. The hotel stands in central Bristol on the quayside of the Floating Harbour. It carries two restaurants, a bar and nine meeting rooms.
The property rebrands as Leonardo Royal Hotel Bristol. A phased refurbishment of guest rooms and public spaces is budgeted at £11.5 million, which is £61,500 per room. The deal is the first under Fattal’s third partnership with institutional investors in the last four years. Those partnerships have raised over €850 million of equity for acquisitions.
Zurich: FLE takes the Holiday Inn Messe
FLE GmbH acquired the 164-room Holiday Inn Zurich Messe from Intreal. Intreal acted for a German real estate special fund. FLE is the Vienna-based real estate arm of French investment group LFPI.
The hotel sits opposite the Messe Zürich exhibition centre, halfway between Zurich Airport and the city centre. It carries a restaurant, a bar and seven meeting rooms. The property is let on a long-term lease and continues under IHG’s Holiday Inn brand.
London: MCR buys the Kensington hostel leasehold
MCR Property Group acquired the leasehold interest in the 331-bed Safestay London Kensington Holland Park from Safestay. The hostel occupies part of the Grade-1 listed Holland House inside Holland Park in west London. High Street Kensington and Holland Park tube stations both sit within a 10-minute walk.
MCR plans a multi-million-pound refurbishment. It will use the property to launch a new hostel brand, and it reportedly holds further hostel deals in the pipeline.
Paris: YOU adds the Ibis Pont de Suresnes
YOU Famille Hôtelière acquired the three-star, 62-room Ibis Paris Pont de Suresnes. The hotel stands in Suresnes, a western suburb of Paris, across the Seine from the Bois de Boulogne and close to La Défense. It carries a breakfast restaurant and a bar.
YOU plans to refurbish the guest rooms and common areas. The group operates over 80 hotels in six European countries.
Frankfurt: a hotel converted to micro-apartments
Deutsche Zinshaus Gruppe acquired the former three-star, 142-room TRYP by Wyndham Frankfurt. The hotel closed in 2024 and sits in the Gallus district, between the central train station and the Messe trade fair grounds.
The plan converts the building into 132 fully furnished micro-apartments with up to three ground-floor commercial units. A full technical and energy overhaul forms part of the programme. Construction is expected to start in the first quarter of 2027.
Surrey: a family office buys voco Lythe Hill
A Dubai family office acquired the four-star, 60-room voco Lythe Hill Hotel & Spa out of administration. The guide price was £8.25 million, which is £137,500 per room. The hotel sits on 22 acres at Haslemere in the south of Surrey.
The property carries a restaurant, a bar and three meeting rooms. Nq2 Hospitality, a Wiltshire-based owner, bought the hotel in 2022 and it fell into administration in 2025. The new owners plan to upgrade the hotel and spa to a five-star level and to increase the room count. Planning approval is in place for a further 36 guest rooms.
The pricing read
Two figures price a room in this edition. The Bristol refurbishment carries £61,500 per room across 187 rooms. The Lythe Hill guide price carries £137,500 per room across 60 rooms.
Both figures divide a published capital number by the room count. The bulletin records guide prices and investment commitments, and leaves the completed consideration undisclosed on all six deals.
Two deals change the flag or the star rating. Bristol rebrands under Leonardo Royal, and Lythe Hill moves toward a five-star position. Zurich keeps its brand under a long-term lease.