Posts by Dev Anand
King Street, Omnam Group and Kryalos SGR Complete Sale of W Rome To CPP Investments & Hamilton Pyramid Europe JV, for Around €172m
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,…
Read MoreUnion Investment Buys German Resort Property, Marriott Autograph Collection Hotel am Tegernsee, To Open 2023
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…
Read MoreBelmond To Reopen It’s Riviera Maya Resort Spring 2023 In Mexico
Main Photo: The fab setting for the Belmond Riviera Maya Hotel, to re-open May 2023 Date: November 2022 Name: Maroma, a Belmond Hotel Riviera Maya Location: Carretera Cancún-Tulum, Riviera Maya, Quintana Roo, México Number of Keys: Was 60 rooms and suites…will be 72 Owner: Belmond, acquired by LVMH in 2019. The hotel was originally designed…
Read MoreFive Star 33-Key Beach Hotel In Cascais, Just Outside of Lisbon For Sale
Location: Cascais, 35 minutes drive from Lisbon, Portugal….Three minutes walk to the beach Name: TBA Guide Price: €20m…reduced from original price Guide Price per Key: €600k…hefty for the area but worth it! No. of Keys: 33…half with sea-view The Opportunity: Set on the absolute waterfront of Cascais’s dramatic Atlantic coastline, this hotel reflects the unique…
Read MoreOberland – New Hotel Investment Company Secure Funding
Location/s: Major UK cities (London, Edinburgh, Bath, Oxford, Cambridge) and top markets in Western/Northern European countries, good links to transportation and food and drink outlets – London broader outlook …i.e. Greater London Size Required: Typically a current 75-175 key hotel, from hostel to tired 3/4* hotels in need of extensive work. Oberland has a small…
Read MoreThree Hills Capital Partners and Atlantic Park Strategic Capital Acquire Bierwirth & Kluth via Their Borelais Hotel Group Vehicle
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…
Read MoreWembley, London Gets an ARK, a New Co-Living/Aparthotel Concept Now Open
Main Photo: The Wembley ARK Date: October 2022 Name: Wembley ARK Location: Wembley, very close to the site of Wembley Stadium, London, England, UK Number of Keys: TBA Seller: The site was an industrial building Kelaty House…Most recently it was planned to be a Citadenes aparthotel…which Crosstree acquired in September 2021 from Lum Chang Holdings…
Read MoreAlmost 80% of Global Hotel Investors Intent on Buying Hotels This Year Say JLL Survey
Date: October 2022 Location: Global What Did They Say: Hotels in the US are the most sought-after, with 24% of respondents targeting hotels there, followed by Southeast Asia (22%), global (22%), Europe (12%), Northern Asia (12%) and rest of the world (8%), according to the survey Who They: JLL’s Global Hotel Investor Sentiment Survey published last week Main…
Read MoreDesign Hotels Member The Curator Lisbon To Open 2023 Within Palace of the Counts of Ribeira Grande
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…
Read MoreWhitbread Targets 125,000 UK and Ireland Bedrooms
Main Photo: hub by Premier Inn London Marylebone Road, due to open late 2023 Date: October 2022 Name: Whitbread Premier Inn and hub by Premier Inn Locations: Massive in UK (800 hotels), Ireland (2 so far) & Germany (40 open and 30 in the pipeline) growing and just starting out in UAE (11 hotels), Qatar…
Read MoreForta PRO and UNITY Team Up To Introduce Modular Build Micro Apartments Across Scandinavia
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…
Read MoreJRK Property Holdings Buys 179 Room Ace Hotel in Palm Springs, Calif.
Main Photo: The Ace Hotel & Swim Club Palm Springs Date: October 2022 Name: The Ace Hotel & Swim Club Palm Springs Location: Palm Springs, California, USA Number of Keys: 179 Seller: GFI Capital, who bought the hotel as a Howard Johnson in 2008. They own seven other hotels including the Ace New York, The…
Read MoreMelbourne’s New Landmark Ritz Carlton To Open in March 2023
Main Photo: The new Ritz-Carlton, imagined Date: October 2022 Name: The Ritz-Carlton Melbourne – opening 2023 Location: Lonsdale Street, CBD Melbourne, Victoria, Australia Number of Keys: 257 Seller: TBA Buyer: TBA The Ritz-Carlton brand will make it’s Melbourne debut in March 2023, Marriott have announced The 80-storey hotel, located on Lonsdale Street in the CBD,…
Read More100 Year-Old Welsh Hotel, St Kilda Llandudno, Acquired By Inn Collection
Main Photo: The St Kilda Hotel, dates back to 1854 Date: October 2022 Name: St Kilda Hotel Location: Llandudno, Wales Number of Keys: 60 Seller: Under family ownership for the past 21 years – Margaret and Ken Jones Buyer: The Inn Collection Group, managed by MD Sean Donkin The St Kilda Hotel in Llandudno, Wales,…
Read MoreThree Hills Capital Partners Invests €61.5m Into French Castellet Hospitality
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…
Read More94-Key Four-Star Deluxe Hotel On Lake Como With Panoramic Views For Sale – Could Upgrade to Five-Star
Location: Superbly situated within the heart of a picturesque and ancient town, with the Villa Carlotta and Botanical Gardens 4 km away and the renowned Villa Del Balbianello 9 km. Como is 30 km and Milano is 80 km. Name: TBA Guide Price:…
Read More294 Room Hub by Premier Inn Tops Out in Marylebone, Central London
Main Photo: The new Hub by Premier Inn – imagined Date: October 2022 Name: Marylebone Hub by Premier Inn, to open late 2023 Location: Adjacent to the Marylebone Magistrates Court on Old Marylebone Road, Central London, England, UK Number of Keys: 294 Seller: Aviva, who sold the site, a former office building, Westcourt House to…
Read MoreMandarin Oriental Savoy Zurich Owner, Credit Suisse, Puts Hotel For Sale for CHF 400m Due To Financial Woes
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…
Read MoreAccor’s Ennismore To Open Mama Shelter in Rennes, France in March 2023
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…
Read MoreMarriott To Acquire Mexico’s City Express Portfolio of 152 Hotels To Expand It’s Midscale Segment, For $100m
Main Photo: A typical City Express hotel Date: October 2022 Name: Hoteles City Express Locations: 152 hotels across 75 cities in Mexico and three additional countries in Latin America Number of Keys: 17,356 plus 676 in the pipeline Seller: Hoteles City Express, S.A.B. de C.V. Buyer: Marriott International Marriott International announced today that it has…
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