Posts by Dev Anand
InterGlobe Appoints Cycas As It’s European Operating Partner
Main Photo: The Hotel Reichshof Hotel, outside of the K+K brand, included in the deal Date: July 2022 Name: InterGlobe Enterprises and Cycas Hospitality with K+K Hotel Portfolio Locations: This deal: Hamburg, Paris, Barcelona, London, Vienna, Prague, Munich, Budapest and Bucharest. Number of Keys: K+K – 1,200 plus 278 at Hotel Reichshof Hamburg Owner: InterGlobe…
Read MoreSaudi Tourism Fund Signs Pact With Spain’s Melia to Set Up Three Hotel Projects, With US$266.5m Investment
Main Photo: The Gran Melia de Mar, Mallorca Date: July 2022 Name: Tourist Development Fund (TDF) and Melia Hotels International Locations: Riyadh, Jeddah and the Eastern Province, Saudi Arabia Number of Keys: TBA Funder: Tourism Development Fund Manager: Melia Hotels International, owner and operator of 350 hotels in 40 countries, with eight brands The Tourism…
Read MoreReuben Brothers Step In Fully on Admiralty Arch Hotel Development, London to See An Opening Date of 2023/24, With Waldorf Astoria Brand
Main Photo: The much delayed Admiralty Arch Hotel. Photo Credit: Archer Humphreys Date: June 2022 Name: Admiralty Arch Waldorf Astoria (we’re guessing) Location: Admiralty Arch, The Mall/Trafalgar Square, London, England, UK Number of Keys: 100+ with residences and a members’ club Seller: Prime Investors Capital (PIC), a vehicle headed by Rafael Serrano, has owned Admiralty Arch…
Read More90-Key Radisson Hotel Istanbul, Harbiye Opens
Main Photo: The exterior shot of this new Radisson hotel Date: June 2022 Name: Radisson Hotel Istanbul, Harbiye Location: Close to Taksim Square, Istanbul, Turkey Number of Keys: 90 rooms and suites Seller: TBA Buyer: TBA Radisson Hotel Group has announced the opening of Radisson Hotel Istanbul, Harbiye, located in the heart of Istanbul near…
Read MoreBest Western Launches Sadie Brand In The UK, Finally
Main Photo: The Sadie Luton Date: June 2022 Name: The Sadie Luton – Opens July 2022 Location: Mill Street, Luton, Bedforshire, England, UK Number of Keys: 87 Seller: The site was a former 1960’s office building Buyer: Ali Mussani, owner of Centro Hotels Best Western’s newest hotel brand Sadie will welcome its first guests on…
Read MoreScottish Boutique Hotel Operator Manorview Group Adds 11th Venue With the Acquisition of Bothwell Bridge Hotel in South Lanarkshire, Scotland
Main Photo: The Bothwell Bridge Hotel Date: June 2022 Name: Bothwell Bridge Hotel Location: Bothwell, South Lanarkshire, Scotland, UK Number of Keys: 90 Seller: The hotel was known as The Clyde Hotel, with the building dating back to the early 19th century. The Martalo family purchased the hotel in 1980 Buyer: Manorview Group, headed up by…
Read MoreLiverpool City Council To Open Flagship Novotel Liverpool Paddington Village Hotel, At A Cost Of £43m, To Be Managed by Legacy Hotels & Resorts
Main Photo: The new Novotel Liverpool, billed as the tallest hotel in the city. Photo Credit: Liverpool Echo Date: June 2022 Name: Novotel Liverpool Paddington Village – opening July 2022 Location: Paddington Village Development, Liverpool, Merseyside, England, UK Number of Keys: 221, including the 39 long-stay apartments Seller: TBA Buyer: Liverpool City Council Legacy Hotels…
Read MoreAviva Investors Buys Pre-Let Premier Inn Dublin Docklands
Main Photo: The new Premier Inn in Dublin Date: June 2022 Name: Premier Inn Dublin South Docklands – opening end 2022/early 2023 Location: Gloucester Street/Princes Street South, Close to Trinity College, Dublin 2, Ireland Number of Keys: 113 Seller: The site was a warehouse acquired by the developer – Red Rock Developments Buyer: Aviva Investors…
Read MoreBoscalt Hospitality Acquire 100-Key Hotel Majestic Rome
Main Photo: The Hotel Majestic Rome terrace dining, a Grande-Dame property Date: June 2022 Name: Hotel Majestic Location: Via Vittorio Veneto, Rome, Italy Number of Keys: 100…to refurb as 83 rooms and suites Seller: We believe the hotel is/was owned by EGA Esercizio Grandi Alberghi Srl, founded in 1921. Buyer: Boscalt Hospitality Edmond de Rothschild‘s…
Read MoreCycas Hospitality Add Bankside Hotel, London To Their Management Portfolio, After Sale to Vertiq Capital
Main Photo: The stylish, art-led hotel in London’s Bankside Date: June 2022 Name: Bankside Hotel, An Autograph Collection Hotel Location: Bankside, close to Waterloo station, London, England, UK Number of Keys: 161 Seller: An affiliate of the Realstar group of companies and it’s joint venture partner Amerimar Enterprises Buyer: Vertiq Capital, a Private Equity company,…
Read MoreGIC and APG Acquire a Substantial Stake in The Student Hotel From Aermont Capital, Valuing the Company at €2.1 billion
Main Photo: The Student Hotel Amsterdam City, one of two hotels there Date: June 2022 Name: The Student Hotel Locations: In Europe currently… two hotels each in Amsterdam and Barcelona and one in each of Berlin, The Hague, Delft, Vienna, Groningen, Eindhoven, Maastricht, Rotterdam, Paris, Florence and Bologna. Three opening this year in Madrid, a third…
Read MoreInvesco Adds Three Hotel Assets to European Hotel Programme for €100m
Main Photo: The reception area at the five-star Vincci Seleccion hotel Date: June 2022 Names: Holiday Inn Express, The Hague – Parliament; Hotel Occidental 1929, Barcelona and Vincci Selección, Malaga Locations: As above – Netherlands and Spain Number of Keys: HIE Hague – 123; Hotel Occidental 1929 – 152; Vincci Seleccion – 106 – Total:…
Read MoreThe Ritz-Carlton Debuts in Amman, Jordan
Main Photo: The new Ritz-Carlton Amman Date: June 2022 Name: The Ritz-Carlton Amman Location: Fifth Circle, Amman, Jordan Number of Keys: 228 Seller: TBA Buyer: Al Eqbal is the master developer of two upcoming esteemed properties in Amman, Jordan, The Ritz-Carlton Hotel and The Ritz-Carlton Residences. Marriott have announced the opening of The Ritz-Carlton, Amman,…
Read MoreYotel Opens Fifth UK City-Centre Hotel, In London’s Shoreditch
Main Photo: The Premium Queen room at the new YOTEL London Shoreditch Date: June 2022 Name: YOTEL London Shoreditch Location: Cambridge Heath Road, East London, England, UK Number of Keys: 161 Seller: The site was formerly the East London hotel, opened in late 2018, by JMH Group/Definition Capital, led by Irfan Hussain and Marin Jakisic,…
Read MoreAccor In Talks To Sell €185m Ennismore Stake To Qatari Consortium
Main Photo: The Hoxton Barcelona, an Ennismore hotel Date: June 2022 Name: Ennismore Locations: Global Number of Keys: 130 hotels – Keys: TBA Seller: Accor/Sharan Pasricha Buyer: A Qatari consortium, with the deal to include €20m of Shariah compliant financing by Qatar First Bank to the Qatari consortium’s investment vehicle. Accor is in talks to…
Read MoreStarhotels To Open 150 Apartments In Florence With Hines and Blue Noble
Main Photo: The new Starhotels apartments, Florence – imagined Date: June 2022 Name: Il Teatro Luxury Apartment – Starhotels Collezione – to open 2024 Location: Corso Italia, formerly home to the Teatro del Maggio Fiorentino, Florence, Italy Number of Keys: 150 apartments Lessee: Starhotels Owner: Joint investors Hines and Blue Noble Joint investors Hines and Blue…
Read MoreFrasers Property Makes Offer to Privatise Frasers Hospitality Trust at SIN 70 Cents Per Unit
Main Photo: The Fraser Suites Sydney, one of the 14 assets within this deal Date: June 2022 Name: Frasers Hospitality Trust Location: HQ Singapore – properties globally Number of Keys: 2,635….Frasers have some 120 properties, under seven brands…although FHT own just 14 assets across 9 cities in Asia, Australia and Europe, as per this deal…
Read MoreWyndham Garden Enters Turkey With Stylish 346-Key Wyndham Garden Lara in Antalya
Main Photo: The new Wyndham Garden Lara, opened in April 2022 Date: June 2022 Name: Wyndham Garden Lara Location: Antayla, Turkey Number of Keys: 346 Seller: The site was the Family Suites Lara Buyer: The hotel is still owned by Beril Tourism Wyndham Hotels & Resorts, the world’s largest hotel franchising company by number of…
Read MoreEdinburgh Council Agrees to 25-year Lease for Scotland’s First Hyatt Hotel
Main Photo: The new Hyatt Centric – imagined Date: June 2022 Name: Hyatt Centric Edinburgh – opening 2025 Location: Haymarket, Edinburgh, Scotland, UK Number of Keys: 349 Seller: TBA Buyer: M&G Real Estate in partnership with developer – Qmile Group The City of Edinburgh Council has agreed to a 25-year lease with M&G Real Estate…
Read MoreTravelodge Reveals it’s Current Hotel Development Schedule for 2022 and 2023
Main Photo: The new Travelodge Wimbledon, to open late 2022 – imagined Date: June 2022 Name: Travelodge Locations: Across the UK Number of Keys: UK & Ireland Buyer: Travelodge. the UK’s second largest hotel chain, announces its current hotel development schedule. This includes plans to open six UK hotels in 2022 (including the group’s first new…
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