Recent Deals In Europe

Main Photo: The Raffles London at OWO – opening Spring 2023 (all other photos imagined) Date: November 2022 Names: Raffles London at The OWO, Mövenpick Wrocław, Poland, Pullman Okol Resort Golf & Spa, Bulgaria, Sanssouci Karpacz – MGallery, Poland, Swissôtel Kolasin, Montenegro, Mövenpick Balaland Resort Lake Balaton, Hungary, Swissôtel Tbilisi, Georgia and Fairmont Golden Prague,…

Main Photo: Melia Carmingnano, Tuscany one of their 11 hotels in Italy Date: November 2022 Names: INNSiDE Noto and INNSiDE Cala Rossa – both to open 2024 Locations: INNSiDE Noto – Southeast of Sicily; INNSiDE Cala Rossa Terrasini, Sicily – both in Italy Number of Keys: Noto: 146; Cala Rossa: 115 Sellers: TBA Buyer: Meliá…

Main Photo: The Iberostar Cozumel, Mexico Date: November 2022 Name: IHG Hotels & Resorts and Iberostar Hotels & Resorts Locations: In order of %: Mexico, Dominican Republic, Jamaica, Brazil, Spain, other EMEAA locations Number of Keys: 24,300 – 70 hotels included in the deal Seller: Not a sale as such, but Iberostar Beachfront Resorts becomes…

Main Photo: The Iberostar Hotel in Madrid Date: November 2022 Name: Iberostar Las Letras Gran Vía  Location: Gran Via, Madrid, Spain Number of Keys: 109 Seller: TBA…management was provided by Iberostar Buyer: Millenium Hospitality Real Estate, with this being their 12th hotel. The American fund Castlelake owns 49.72% of Millenium since July 2021. Additional stakeholders…

Main Photo: The newly-acquired Mercure Hotel Berlin Mitte Date: November 2022 Name: Mercure Hotel Berlin Mitte Location: Near Potsdamer Platz and Gleisdreieck, Berlin, Germany Number of Keys: 120 Seller: The landlord of the building, P&L Real Estate GmbH, is part of the group company of Lambert Immobilien GmbH Buyer: Primestar Group Investment firm Primestar Group…

Main Photo: The Spa at the new Dreams Madeira – imagined Date: November 2022 Name: Dreams Madeira Resort Spa & Marina – planned opening 2024 Location: Porto Santo, Madeira, Portugal Number of Keys: 366 Owner: The property was a Dreams Resort, which has now shut for a full refurb and relaunch. Okami Hotels is the…

Main Photo: The Grand Hotel Baglioni Florence, one of the seven Baglioni hotels in the deal, with Milan opening 2023 Date: November 2022 Name: Palace Resorts and Baglioni Hotels & Resorts Locations: Mexico, Caribbean, USA, Italy, Maldives, London Number of Keys: Palace: 5,614; Baglioni: 532 Seller: Baglioni and it’s parent company, Cogeta Spa. In February…

Main Photo: The logo for the new company Date: November 2022 Name: Legendary Hotels & Resorts Location: Initially Iceland, with plans to expand across Northern Europe Number of Keys: TBA on this first hotel…Plans to have 1,000 keys within two years Seller: TBA Buyer: Legendary Hotels & Resorts, headed up by Dmitrijs Stals Legendary Hotels…

Main Photo: The W Hotel Rome Date: November 2022 Name: W Rome Location: The Ludovisi district, Rome, Italy Number of Keys: 162 Seller: King Street Capital Management, Omnam Investment Group and Kryalos SGR Buyer: A JV between CPP Investments and Hamilton Pyramid Europe King Street Capital Management, a leading global alternative investment firm, and Omnam Investment Group,…

Main Photo: The new Hotel am Tegernsee Date: November 2022 Name: Hotel am Tegernsee – to open March 2023 Location: Lake Tegernsee, Bavarian Alps, Southern Germany Number of Keys: 125 to include 25 suites Seller: Planquadr.at, a partner company of SORAVIA based in Salzburg Buyer: Hamburg based Union Investment Union Investment has become one of the first major professional…

Main Photo: B&K’s My4Walls serviced apartment concept opened in Hamburg in 2017 Date: November 2022 Name: Borealis Hotel Group & Bierwirth & Kluth Location: DACH Region Number of Keys: Borealis – TBA (24 hotels); B&K – 3,000 (15 hotels) Seller: Bierwirth & Kluth Buyer: Borealis Hotel Group Borealis Hotel Group (BHG), a leading hospitality group…

Main Photo: The lobby/lounge of the new Curator Hotel Date: October 2022 Name: The Curator Hotel Location: The district of Belém – Alcântara, Lisbon, Portugal Number of Keys: 44 plus 6 plus 14 – 64 in total Seller: The Palace was once the residence of the King of Portugal! Destroyed in the earthquake of 1755…

Main Photo: The Unity Malmo, built in a Forta PRO factory! Date: October 2022 Name: The UNITY studio apartment concept, using Forta PRO’s modular construction technology – The UNITY Malmo – opening 2023 and Kista Campus – open now Location: Malmo and Kista, Sweden Number of Keys: Malmo – 269; Kista – 345 Seller: TBA…

Main Photo: A typical Castellet hotel room Date: October 2022 Name: Three Hills Capital Partners and Castellet Hospitality  Location: France Number of Keys: TBA Funder: Three Hills Capital Hotel Group: Castellet Hospitality Three Hills Capital Partners (“THCP”) is pleased to announce a new investment in Castellet Hospitality, a rapidly growing, resilient, budget hotel group headquartered in…

Main Photo: The Savoy Baur en Ville, as was Date: October 2022 Name: Hotel Mandarin Oriental Savoy Zurich Location: Paradeplatz, Central Zurich, Switzerland Number of Keys: 104, as The Savoy Hotel Baur en Ville Seller: Credit Suisse Buyer: Open at this time Credit Suisse, the investment bank whose shares plummeted to record lows this week over…

Main Photo: The colourful public area at the new Mama Shelter, Rennes Date: October 2022 Name: Mama Shelter Rennes Location: Place des Lices and the famous rue de la Soif. It is a five minute walk to the Sainte Anne metro station and 20-minutes to the TGV train station ar Rennes connecting with Paris (1…

Main Photo: The Hoxton Dublin envisaged Date: October 2022 Name: The Hoxton Dublin to open 2024 Location: Exchequer Street, Dublin, Ireland Number of Keys: 129 planned – currently 70 Seller: The Central was owned by the Gerry Conlon-led Bridlewood Family Trust and was originally designed by Richard Millar and William Symens, who were responsible for…

Main Photo: eastHotel Brussels City Centre Date: October 2022 Name: easyHotel Benelux Locations: Amsterdam, The Hague, Rotterdam, Maastricht – Netherlands and Brussels, Belgium. Number of Keys: 793 Seller: Xcentric Hotels BV, an affiliated business of Crossroads Real Estate, a European real estate private equity and special situations fund manager, founded by former Och-Ziff MD David…

Main Photo: The newly-opened Maldron Merron Road, Dublin Date: October 2022 Name: Maldron Hotel Merrion Road Location: Merrion Road, Dublin, Ireland Number of Keys: 140 plus 64 apartments, five townhouses, and a basement car park, where the hotel has access to 68 car-parking spaces, in a mixed-use development Seller: The site was the Tara Towers…

Main Photo: Lindner Hotel & Residence Main Plaza, Frankfurt…one of the 30 hotels to be rebranded Hyatt Date: October 2022 Name:  Hyatt Hotels Corporation and Lindner Hotels AG – The majority of the properties are slated to transition to the JdV by Hyatt brand Locations: 30 hotels across seven European countries Number of Keys: 5,500…