Industry

Generator opens first US property in Miami

US: Design-led hostel brand Generator has opened its first property outside Europe, in Miami Beach. The property has expect 300 beds in 105 rooms, with 65 per cent of the rooms being private and non-shared. Prices start from as low as $20 for a bed in a shared room or

Industry

All change at Generator after sale to Queensgate Investments

UK: Queensgate Investments has completed the acquisition of Generator Hostels and immediately installed a new management team. Queensgate Investments Fund II, which is managed by Queensgate Investments, a real estate private equity manager, has bought Generator from Patron Capital for around €450 million. Queensgate Investments’ plan is “to own the

Industry

Pentahotels aiming for major Chinese expansion

China: German hybrid hotel brand Pentahotels is aiming to reach 80 properties by 2020, with many of the new openings in China. China: German hybrid hotel brand Pentahotels is aiming to reach 80 properties by 2020, with many of the new openings in China. Pentahotels, part of the Hong Kong-based Rosewood