Posts by Dev Anand
Intrepid Travel Expands Into Hotels With Launch of Drifter
Main Photo: The new Drifter Christchurch, NZ Date: November 2021 Name: Drifter – an Intrepid Hotel Locations: Initially Auckland, Wellington and Christchurch in 2022 with plans to secure an East Coast Australia property in 2022 Number of Keys: Christchurch – 95; Others will be between 60-150 Seller: The site was built in 1919 as the…
Read MoreLouvre Hotels Launches Capsule Hostel Brand HoSho
Main Photo: The new HoSho Brand by Louvre Hotels Date: November 2021 Name: Hotel HoSho Paris Sud Porte d’Italie Location: South Paris, France Number of Keys: 39 rooms – 246 beds! Seller: The building was an office block Buyer: A franchise partner with Louvre Hotels, owned by Chinese Jin Jiang Louvre Hotels Group has launched…
Read MoreThe Signet Collection Announces Second Hotel Site – The Retreat Elcot Park
Main Photo: The Elcot Park, currently a Mercure Hotel Date: November 2021 Name: The Retreat Elcot Park – to Reopen Spring 2022 Location: Newbury, Berkshire, England, UK Number of Keys: Was 73 will reopen as 55 Seller: S Hotels & Resorts – Singha Estate, who have some 30 hotels in the UK and are looking…
Read MoreVISIONAPARTMENTS Acquires Two Ibis Styles Properties with 82 Apartments in the Centre of Geneva
Main Photo: The Ibis Styles Mont Blanc to be Rebranded VISIONAPARTMENTS Date: November 2021 Name: The former Ibis Styles Genève Mont Blanc and the Ibis Styles Genève Centre Gare – to Rebrand as VISIONAPARTMENTS Hotel Mont Blanc and VISIONAPARTMENTS Hotel Gare Location: Centre of Geneva, Switzerland Number of Keys: 30 & 52 Seller: Accor Buyer:…
Read MoreBain Capital Credit and Stoneweg Hospitality Acquire 384 Room Marbella Hotel….To Become a Hard Rock
Main Photo: The Andalucia Plaza Hotel – to reopen June 2022 Date: June 2021 – Updated November 2021 Location: Puerto Banus, Marbella, Spain Name: The Andalucia Plaza…to become a Hard Rock Hotel Related Posts Stoneweg Consolidates Hospitality Expertise Into Dedicated Platform Hard Rock to Open Second India Hotel Hard Rock to Open Madrid Hotel in 2019
Read MoreLimestone Capital Buys Mar Y Pins Hotel Mallorca To Rebrand Aethos
Main Photo: The Mar Y Pins Hotel, to be rebranded Aethos Mallorca Date: November 2021 Name: The Mar Y Pins Hotel, to be rebranded Aethos Mallorca Location: Peguera, 25 km Palma de Mallorca Airport Number of Keys: 51 Seller: Harald Fischl, an Austrian entrepreneur, who remains a partner and minority shareholder. He acquired the hotel…
Read MoreKE Hotels Opens New Moxy Manchester City In Spinningfields Area In November 2021
Main Photo: The new Moxy Manchester Date: October 2021 Name: Moxy Manchester City Location: Spinningfields, Manchester, England, UK Number of Keys: 146 Seller: Since it’s construction in the 18th century, the building has been home to a variety of local businesses including a soda water factory, a manufacturing chemist, a hat works and, most notably,…
Read MoreNo Standing Room or Bathrooms at Spain’s Pod Hotels, Bilbao and Coming Soon, Madrid
Main Photo: The Optimi “Rooms” Date: October 2021 Name: Optimi Rooms Bilbao, and coming soon Optimi Rooms Madrid Location: Bilbao, opened 2019…Madrid due to open Q4 2021 Number of Keys: 48 in Bilbao; Madrid – 82 Seller: TBA Buyer: Partners Inaki Zabala and Iker Caballero They look more like spaceships than hotels. White walls, neon…
Read MoreKKR Snaps Up Sofitel Sydney Wentworth Hotel for AUD$315 million
Main Photo: The impressive looking Sofitel Wentworth Date: October 2021 Name: Sofitel Sydney Wentworth Hotel Location: Sydney’s Financial District, NSW, Australia Number of Keys: 436 Seller: Frasers Hospitality Trust Buyer: Kohlberg Kravis Roberts – KKR Private equity giant Kohlberg Kravis Roberts (KKR) has snapped up the Sofitel Sydney Wentworth hotel, the favoured haunt for the…
Read MoreBain Capital and Omnam Group JV Has Acquired the Hotel Britannia Excelsior at Lake Como, Italy
Main Photo: The stunning lake view from the Hotel Britannia Excelsior Date: October 2021 Name: Hotel Britannia Excelsior Location: Lake Como, Italy Number of Keys: 285 Seller: Private family company, Doros Holdings: Whieldon Ross Stacey and his wife Doriana Luchina. The hotel is a former 19th-century inn. Buyer: A JV between Bain Capital and…
Read MoreDecember Launch for “World’s First” Net Zero Carbon Hotel
Main Photo: The new bedroom at the room2 Chiswick, London Date: October 2021 Name: room2 Chiswick Location: Chiswick, West London, England, UK Number of Keys: 86 Owner: Lamington Group, owned by the Godwin brothers, Robert and Stuart Seller: The site is a former Chiswick office building acquired in late 2018 room2 is set to open…
Read MoreRadisson Collection Unveils New Hotel in Wuxi, China
Main Photo: Radisson Collection Hotel, Wuxi Date: October 2021 Name: Radisson Collection Hotel, Wuxi Location: Xishan District, Wuxi, China Number of Keys: 318 Seller: TBA Buyer: Radisson Hotel Group The Radisson Collection, Radisson Hotel Group’s anthology of iconic lifestyle hotels, has continued to expand its portfolio in China with the launch of Radisson Collection Hotel,…
Read MoreSharjah Investment & Development Authority Unveils Four Luxury Hospitality Projects in Sharjah, UAE
Main Photo: Mysk Moon Retreat Date: October 2021 Name: Al Jabal Resort in Khorfakkan and three others in Kalba, Khorfakken and Al Bridi Resort Location: The new projects will be developed in Sharjah’s Central and Eastern regions, UAE Number of Keys: 45, 75, 80 and 16 The Sharjah Investment and Development Authority (Shurooq) has revealed…
Read MoreB Ocean Resort Fort Lauderdale, Formerly The Yankee Clipper Sold to Rockpoint & InSite Group for US$126.9m
Main Photo: The B Ocean Resort Date: October 2021 Name: The B Ocean Resort Fort Lauderdale Location: Fort Lauderdale, Florida, USA Number of Keys: 481 Seller: The Carlyle Group, which included InSite, who bought the resort for $107m in 2014 ffrom Barry Sternlicht’s Starwood Capital Buyers: Boston-based Rockpoint Group and locally based InSite Group The…
Read MoreAlon Abady’s 5th Gear III Acquires 295 Key Sofitel Beverly Hills For Around US$96m
Main Photo: The Sofitel Los Angeles Date: October 2021 Name: The Sofitel Los Angeles at Beverly Hills Location: Beverly Boulevard, Los Angeles, California, USA Number of Keys: 295 Seller: Chicago-based GEM Realty Buyer: Alon Abady’s 5th Gear III Alon Abady has been revealed as the buyer of the Sofitel Los Angeles at Beverly Hills. Through…
Read MoreThe Latest Development In Automation in Hotels….Vacuuming! Meet Abbee
Date: October 2021 Location: UK and no doubt further afield What did they say: Why Automate Vacuuming in Hotels? Main photo: The Abbee automated vacumn cleaner Related Posts Solar, Thermal… Spain’s Historic Hotels, Paradores, go Green Making Sustainability Stylish How do Hoteliers Replace the One-Time Use Plastic Bottle for Water?
Read MoreLoren Hotel Launches Climate Change Initiative in Bermuda
Main Photo: The Loren Hotel, Tucker’s Town, Bermuda Date: October 2021 Name: The Loren Hotel – The Loren Roots Initiative Location: Tucker’s Town, Bermuda Number of Keys: 45 suites Owner: Stephen King, a former investment banker and hedge fund principal opened The Loren at Pink Beach as the first new-build Hotel on Bermuda in 45 years…
Read MoreOyo Goes For Full Stock Market Listing – in India Looking To Value The Business at US$10bn+
Main Photo: An Oyo branded hotel in China Date: October 2021 Name: Oyo Location: India HQ – global in it’s aspirations Number of Keys: Owner: Ritesh Agarwal (33%), backed by Softbank (47%) Indian accommodation disruptor OYO is lining up to list on the Indian stock market, in a move that will value the business at USD10bn to…
Read MoreQbic Hotels London & Manchester Sold and Rebranded
Main Photo: The Qbic Manchester, to be rebranded Yotel Date: October 2021 Name: Qbic London City – to become The Corner, London City; Qbic Manchester – to become a Yotel Location: Aldgate, East London and Spinningfields, Manchester – both England, UK Number of Keys: 183 and 261 Seller: Cerberus Capital Management bought the Qbic London…
Read MoreMaya Capital and AnaCap Acquire Southwark, London Office and Hotel Scheme for £125m
Main Photo: The current Friars House Date: October 2021 Name: Friars House – Hotel TBA Location: Southwark/Blackfriars, London, England, UK Number of Keys: 106,000 sqf office, ground-floor retail and 64,000 sqf 8 storey hotel with workspace Seller: Endurance Land…TBC Buyer: Maya Capital and AnaCap Financial Partners The two parties, Maya Capital and AnaCap have completed…
Read More