Brussels Airport Company has signed an agreement to acquire Airhotel Belgium bvba (ltd), the company owning the Sheraton Hotel at Brussels Airport. With this acquisition, Brussels Airport will take control of a strategic location right in front of the terminal building and will invest in a high quality internationally branded hotel. The closing of the transaction remains subject to customary closing conditions including the approval by the European Commission.
Situated right in front of the terminal building, the hotel offers to its guests 294 rooms, 21 conference rooms with a maximum capacity of 1,500 persons, a restaurant, a fitness centre and its own parking garage.
Upon closing of the transaction after clearance by the European Commission, Brussels Airport will acquire 100% of the shares in Airhotel Belgium bvba for an undisclosed price.
“The acquisition of the Sheraton hotel is important for Brussels Airport as it allows us to fully integrate the hotel in our future development plans in this strategic area. We look forward to continuing the successful operation of the Sheraton together with the hotel teams, contributing to the high quality services Brussels Airport offers to its passengers and visitors”, explains Brussels Airport Company’s CEO Arnaud Feist.
The Sheraton Hotel’s employees will not be affected by this takeover. The hotel will continue to be run under the Sheraton brand.
This post was published on 16 January 2019 11:47
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