4C Hotel Group Open Westin London City Late 2021

Main Photo: The Westin London City Date: March 2022 Name: The Westin London City Location: North Side of The Thames, between St Pauls and Mansion House, City of London, England, UK Number of Keys: 222, including 10 suites…plus 9 apartments Owner: 4C Hotel Group, designed by Dexter Moren Manager: RBH Management 4C Hotel Group had…

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Ace Hotel Primed for Debut Sydney, Australia

Main Photo: The Loft Suite at the new Ace Hotel Sydney Date: March 2022 Name: Ace Hotel Sydney Location: Wentworth Avenue, Surry Hills, Sydney, NSW, Australia Number of Keys: 264 Seller: The site was the Tune House brick factory Buyer: Developer Golden Age Group US-based Ace Hotel Group is soon to launch its very first…

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The Standard Hotel Hollywood Sold, Will Reopen With New Name

Main Photo: The Standard Hotel, as is Date: March 2022 Name: The Standard Hotel Hollywood – to be renamed Location: Sunset Strip, Los Angeles, California, USA Number of Keys: Seller: Formerly owned by hotelier Andre Balazs, who also owns the nearby Chateau Marmont, opened in 1999 with the financial support of Leonardo DiCaprio, Cameron Diaz,…

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Four Seasons And Diriyah Gate Development Announce New Hotel In Saudi Arabia

Main Photo: The proposed new Fours Seasons Hotel Date: March 2022 Name: Four Seasons Hotel Diriyah, Saudi Arabia Location: Diriyah, just outside of Riyadh, Saudi Arabia Number of Keys: 150 rooms and suites Seller: TBA Buyer: Diriyah Gate Development Authority Four Seasons Hotels and Resorts and Diriyah Gate Development Authority (DGDA), the developers of the…

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Highgate Assumes Management of Six Hotel Portfolio in Peru

Main Photo: Palacio del Inka, a Luxury Collection Hotel, Cusco, Peru  Date: March 2022 Name: Urbanova Hotels Locations: Palacio del Inka Hotel, a Luxury Collection Hotel in Cusco, Tambo del Inka, A Luxury Collection Resort in Urubamba, Hotel Paracas, A Luxury Collection Resort, Aloft Lima Miraflores, AC Hotel Lima Miraflores and the Westin Lima Hotel…

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Mandarin Oriental Opens Luxury Property in Shenzhen, China

Main Photo: The new Mandarin Oriental in China Date: March 2022 Name: Mandarin Oriental Shenzhen Location: Futian District, Shenzhen, Southern China Number of Keys: 178 Seller: TBA Buyer: Shum Yip Capital Mandarin Oriental Hotel Group has introduced its legendary hospitality to the vibrant southern China city of Shenzhen, with the opening of Mandarin Oriental, Shenzhen. The luxury…

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Soho House To Open In Manchester…and Balham!

Main Photo: The archetype Soho House rooftop pool and bar Date: February 2022 Name: Soho House Manchester…and Soho House Balham Locations: Manchester: The old Granada Studios building, Quay Street; Balham: Bedford Hill, South London Number of Keys: Manchester: 140 Seller: TBA Buyer: Soho House, whose parent company, Membership Collective Group held an IPO in New…

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Pictet Buys Kimpton Hotel in Mallorca

Main Photo: The Kimpton Hotel, Mallorca Date: March 2022 Name: Kimpton Aysla Mallorca – to open mid-2022 Location: Calvia, Mallorca, Spain Number of Keys: 79 suites Seller: A Pictet related company Buyer: Swiss-based Pictet Alternative Advisors, currently invested in over 950 properties across the globe, through funds and co-investment deals, and manage USD 3.3bn of…

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Covivio Sells Club Med Resort for €125m

Main Photo: Club Med Grand Massif Date: March 2022 Name: Club Med Grand Massif Samoëns Location: Samoens, France Number of Keys: 420 Seller: Covivio Buyer: Perial Asset Management Covivio has sold the Club Med Grand Massif in Samoëns, France for €125 million to Perial Asset Management. The hotel has been operating since its opening by Club Med…

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Changzhou Marco Polo Hotel Sold for RMB402 Million – Around US$63m

Main Photo: The Marco Polo Changzhou Date: March 2022 Name: Marco Polo Changzhou Location: Xinbei High-Tech Development Zone, 3 km from the central business district in Changzhou, China Number of Keys: 302 Seller: Hong Kong-based Cheer Sky Investment Limited, a wholly-owned subsidiary of Hong Kong-based Harbour Centre Development Limited, has sold the entire equity interest…

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Accor Looking To Open More Than 300 Properties By End 2022

Main Photo: The dual-brand Raffles & Fairmont Doha Date: March 2022 Names: Accor with some 35 brands! Locations: Global Number of Keys: Opened 41,000 in 2021…Looking to open more in 2022 Accor, a global hospitality leader, has shared a summary of its 2021 development activities and growth outlook for 2022 and beyond.  Overall, Accor opened…

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Zetland Capital Acquires the Lindian Village Hotel Real Estate Properties in Rhodes, Greece

Main Photo: Date: March 2022 Name: Lindian Village Location: Lindos Acropolis, Rhodes, Greece Number of Keys: 188 Seller: Svyriadis SA, a Greek family-owned hospitality conglomerate Buyer: Zetland Capital, a private equity firm based in London Zetland Capital Partners LLP, a London based private equity firm today announced that funds under its management have acquired the…

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Edyn Secures £105m Funding From Blackstone and KSL Capital Partners

Main Photo: Date: March 2022 Name: Edyn Serviced Apartments – Brands: Locke and Cove Locations: Mainly Europe Number of Keys: 1,800 currently, with a further 1,400 in the pipeline Owner: Edyn Serviced Apartments, owned by Canadian Brookfield Funder: Blackstone Mortgage Trust and KSL’s European Capital Solutions (ECS) platform. Edyn, Brookfield’s European serviced apartment business, has…

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