Brookfield to Acquire Generator Hostels' European Operations
Generator's blend of hostel affordability and hotel-style design reflects where younger traveler demand is heading and Brookfield wants in.
Brookfield Asset Management has agreed to acquire Generator Hostels' European operations for approximately €776 million (about $876 million) from London-based Queensgate Investments.
The transaction includes 15 properties and 2,800 keys across 10 countries, in c
skift.
