Tuesday, September 7, 2010

Pandox acquires Brussels Hilton

Pandox's strengthens its position as a leading player with six hotels and total of 1,750 rooms in Brussels, one of Europe's most dynamic hotel markets. Brussels Hilton is one of Brussel's largest and best-known hotels. The hotel property is located at Boulevard Waterloojust a few steps fromthe prestigious shopping street Avenue Louise. The hotel, which is a landmark, comprises 432 rooms on 26 floors with several conference floors, two restaurants, fitness and spa center. The acquisition totals EUR 29 million, which includes the hotel building and the operations. The seller is a US investment company.

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