Posts by Dev Anand
Oracle Co-Founder Larry Ellison Buys Hyatt Regency Lake Tahoe for US$345m
Main Photo: The magnificent setting of the Hyatt Regency Lake Tahoe Date: October 2021 Name: Hyatt Regency Lake Tahoe Resort, Spa & Casino Location: Lake Tahoe’s North Shore, Nevada, USA Number of Keys: 422, including 24 cottages Seller: The property is in Incline Village Buyer: Larry Ellison, who also owns the Cal Neva resort on…
Read MoreHyatt Centric Brand Debuts in UK with Cambridge Opening
Main Photo: The Dual Branded Hyatt Centric Cambridge and Turing Locke Date: October 2021 Name: Hyatt Centric Cambridge – Dual-branded with Turing Locke Eddinton Cambridge, opened earlier 2021 Location: Eddington, a new development, outskirts of Cambridge, England, UK Number of Keys: 150 hotel rooms and 180 apartments at Turing Locke Seller: The new sustainable location…
Read MoreWhat Do You Do After Running The Best Hotels in London and Around the World?….Write a Book
Date: October 2021 Location: London based – experience across Europe & USA What did he say: Lots! A whole book worth – Hotel Dynasty: Four Generations of Luxury Hoteliers Main photo: The front cover
Read MoreHyatt and EuroAtlantic Announce Plans for Hyatt Place Düsseldorf Mercedesstrasse at Tadao Ando Campus & Tower, Germany
Main Photo: The new Hyatt Place Dusseldorf – imagined Date: October 2021 Name: Hyatt Place Düsseldorf Mercedesstrasse at Tadao Ando Campus & Tower – opening 2024 Location: The Tadao Ando Campus & Tower, Dusseldorf, Germany Number of Keys: 300 Seller: TBA Buyer: EuroAtlantic Group Hyatt announced today that they have entered into a franchise agreement…
Read MoreGoldman Sachs Poised For £140m Purchase of The Belfry Golf Resort
Main Photo: The Belfry, home to the Ryder Cup in years gone by Date: October 2021 Name: The Belfry Location: Sutton Coldfield, Close to Birmingham, England, UK Number of Keys: 324 Seller: KSL Capital Partners…The De Vere Group, which owned and operated The Belfry before it sold it to the Quinn Group in 2005 for…
Read MoreSchroders Backs Whitbread for German Recovery on a New 403 Room Premier Inn
Main Photo: The Hostel One80 as is Date: October 2021 Name: Premier Inn Berlin – opening 2023? Location: Alexanderplatz, Mitte, Berlin Germany Number of Keys: Currently 527 – Two hotels – Holiday Inn & Indigo to make 403 keys for Premier Inn. 124 rooms remain as the One80 Hostel Seller: Azure Hotels Buyer: Schroders Asset…
Read MoreHastings Hotels Sell Slieve Donard Resort and Spa to American AJ Capital Partners
Main Photo: The Slieve Donard Resort, one of seven hotels owned by Hasting Hotels Date: October 2021 Name: Slieve Donard Resort & Spa Location: Newcastle, Co. Down, Northern Ireland, UK Number of Keys: Seller: Hastings Hotels, owned by the Hastings family since 1972 Buyer: AJ Capital Partners who operate over 40 hotels in the US and…
Read MoreAccor and Edamah Introduce Mantis Brand to the Middle East with Mantis Bahrain Hawar Island
Main Photo: The proposed Mantis Bahrain Hawar Island Hotel & Resort Date: October 2021 Name: Mantis Bahrain Hawar Island Hotel & Resort – opening 2024 Location: Hawar Isalnd, Bahrain Number of Keys: 72 Seller: TBA Buyer: Edamah – the Bahrain Real Estate Investment Company Accor, the world-leading augmented hospitality group with over 400 hotels across…
Read MoreHenderson Park Acquire 12-Strong UK Hilton Portfolio From Amaris Hospitality/LRC
Main Photo: Hilton Edinburgh Carlton Date: October 2021 Name: Under three Hilton brands – Hilton Hotels & Resorts; Hilton Garden Inn; and DoubleTree by Hilton Locations: London – Chelsea & Islington, Bristol North, Coventry, Dartford Bridge, Edinburgh – Central and Airport, Newbury, Southampton, Strathclyde – all UK and Dublin, Ireland Number of Keys: 2,424 Seller:…
Read MoreIHG Opens New Holiday Inn At Paris CDG Airport With HPVA Hotels
Main Photo: The new Holiday Inn Paris – CDG Date: October 2021 Name: The Holiday Inn Paris – CDG Airport Location: 10 minutes shuttle ride from Paris Charles de Gaulle International Airport Number of Keys: 250 Seller: TBA Buyer: HPVA Hotels Group, operating since 2013, with 20 hotels owned, developed and under management, with four…
Read MoreBenchmark Global Hospitality and Pyramid Hotel Group Merge
Main Photo: The Costa d’Este Beach Resort Florida – a Benchmark Gemstone Property Date: October 2021 Name: Benchmark Pyramid Location: USA HQ – Global Number of Keys: 210 hotels – annual operating revenue under management of more than $3 billion The Two Parties: The two hotel and resort management companies are joining forces to create…
Read MoreKasada to Acquire 414-key Safari Hotels & Conference Centre, the Largest Hospitality Complex in Namibia
Main Photo: The Safari Court Hotel, to become a Moevenpick Date: October 2021 Name: The Safari Hotels & Conference Centre Location: Windhoek, Namibia Number of Keys: 414 Seller: Windhoek Safari Hotels, established in 1966. The hotel complex has been pivotal in Windhoek’s evolution as a MICE destination and was associated with notable events leading up…
Read MoreCasa Cook Samos to Open 2022 in Greek Islands
Main Photo: The new Casa Cook Samos – imagined Date: October 2021 Name: Casa Cook Samos – opening May 2022 Location: Samos, North Eastern Aegean Sea, Greece Number of Keys: 128 Owner: Velos Tourism Casa Cook has announced that its latest boutique hotel will open on the Greek island of Samos in May 2022, in…
Read MoreMarriott to Debut First W Hotel in Tuscany to Open 2023
Main Photo: The bedroom style at the W Hotel Date: October 2021 Name: W Florence Location: Via de’Tornabuoni, Florence, Tuscany, Italy Number of Keys: 120 Buyer: Progetto Majestic S.r.l. Seller: The site was shared between a bank and a hotel company, but has been vacant since the early 2000’s Marriott International announced it has signed an…
Read MoreRitz Plans £300m Basement Spa to Compete With the World’s Elite Hotels
Main Photo: The Ritz Restaurant Terrace Date: October 2021 Name: The Ritz Location: Piccadilly, London, England UK Number of Keys: 53 new rooms, to take it to 191 Owner: Qatari Abdulhadi Mana Al-Hajri The Ritz is to become the latest luxury London hotel to dig out an “iceberg” basement to provide more five-star pampering for their guests. The Piccadilly landmark,…
Read MoreAccor Close On The Merger With Ennismore To Create Global Lifestyle Hotel Company Under The Ennismore Name
Main Photo: The Gleneagles Hotel, the flagship in the Ennismore group Date: November 2020 – updated October 2021 Locations: Europe/Global Names: 14 Brands: Mondrian, Delano, SLS, Hyde, Mama Shelter, SO/, 21c Museum, TRIBE and 25hours…from Accor; Gleneagles, Hoxton and Ennismore
Read MoreCastleforge Acquires Edinburgh Crowne Plaza Hotel
Main Photo: The Crowne Plaza Edinburgh Date: October 2021 Name: Crowne Plaza Hotel – Royal Terrace, an IHG Hotel Location: Royal Terrace, Edinburgh, Scotland, UK Number of Keys: 97 Seller: A “High Net Worth” Investor, who acquired the hotel from Alix Partners, receivers for Fontenhall Scotland Ltd, who went Into administration in 2016 Buyer: Castleforge…
Read MoreNew Boutique Hotel in Arlington, Texas Will Come With It’s Own Golf Range in 2023
Main Photo: RiverPark Arlington – imagined Date: October 2021 Name: RiverPark Arlington – to open 2023 Location: North Arlington, Texas, USA Number of Keys: 87 Seller: TBA Buyer: Galante Hospitality Group A unique hotel with a golf range attached is coming to Arlington. Called the RiverPark Arlington, it’ll be a boutique hotel designed for those seeking…
Read MoreEuropean Hotels to Resume Long-Term Trend of Strong Annual Growth, Says New Study by Invesco
Date: October 2021 Location: Europe Main Photo: Rooftop dining at the Tivoli Avenida, Lisbon – acquired by Invesco in 2019 What did they say: The European hotels sector will resume its long-term trend of strong annual growth as the market recovers from the impact of Covid-19, according to a new study by Invesco Real Estate. As…
Read MoreStarwood Capital Acquires The Comfort Hotel Vesterbro in Copenhagen, Denmark Petter Stordalen’s Strawberry Forever for €82 million
Main Photo: The Three-Star Comfort Hotel Vesterbro Date: September 2021 Name: Currently The Comfort Hotel Vesterbro, Copenhagen – to be renamed? Location: Central Copenhagen, Denmark Number of Keys: 399 Seller: Strawberry Forever Buyer: Starwood Capital Starwood Capital has bought the Comfort Hotel Vesterbro in Copenhagen from Norwegian-owned real estate company Strawberry Forever for €82m. The…
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