Brookfield to List The Leela Palaces
Photo Credit: A common area in The The Leela Ambience Convention Hotel Delhi. The Leela Palaces
Skift Take
Brookfield Asset Management is planning to list its luxury hotel chain, The Leela Palaces, Hotels & Resorts, which represents the largest-ever foreign investment in the Indian hospitality sector.
Accor said they are expanding their network of Brisbane hotels with the addition of Mercure Brisbane Spring Hill in the heart of the River City. Accor now operates the former Pacific Hotel Brisbane, under a hotel management agreement. The 179-room Mercure Brisbane Spring Hill will undergo a makeover to bring it in line with Mercure's global brand standards with the new look property set to be unveiled later this year. The hotel is owned by the Singh family and features a restaurant, bar, meeting facilities, swimming pool and bedrooms that include one and two-bedroom suites, many with balconies. This is Accor's 19th hotel in Brisbane, Australia and the third hotel in the capital.
Accor also said Hotel Woolstore 1888 is joining the portfolio of Handwritten Collection hotels this month under a hotel management agreement with the hotel's new owners, Shakespeare Property Group. The hotel is located in w
