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 More

Union 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 More

Belmond 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 More

Five 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 More

Oberland – 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 More

Three 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 More

Wembley, 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 More

Whitbread 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 More

Melbourne’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 More

Three 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 More

294 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 More

Marriott 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…

Read More