Artotel Signs Dafam Hotel Management Takeover Deal

Main Photo: Artotel Jakarta Thamrin (image courtesy of agoda.com) Date: February 2022 Name: Dafam Hotel Management (DHM) Location: Indonesia Number of Keys: 2,507 Seller: Dafam Hotel Management (DHM) Buyer: Artotel Artotel Group has acquired a majority stake in Dafam Hotel Management (DHM), which owns and operates 24 hotels in Indonesia with a total of 2,507…

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New ‘Tech’ Aparthotel Brand – Aptel Opens In London

Main Photo:  Aptel East Date: February 2022 Name: Aptel Location: London, UK Number of Keys: 33 Seller: N/A Buyer: N/A Aptel, a new aparthotel brand, has officially launched with its first site located in East London. The first Aptel site, Aptel East, is specifically located on Commercial Road, a short distance from Whitechapel and Aldgate East…

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DoubleTree To Add Six Hotels In European Expansion in 2022 – 2024

Main Photo: DoubleTree by Hilton Hannover Date: February 2022 Name: DoubleTree by Hilton Locations: Milan in Italy, Lyon in France, Hannover in Germany, Budapest in Hungary, Sittard in The Netherlands and Brasov in Romania Number of Keys: TBA Sellers: Various Buyers: TBA DoubleTree by Hilton is continuing its expansion in Europe with the addition of…

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NUMA Raises $45m In Funding

Main Photo: Numa Sketch Berlin Date: February 2022 Name: NUMA Group Location: Europe Number of Keys: 2,500 Owner: NUMA Group The Money: Investors led by DN Capital Hotel operator and technology developed NUMA Group has raised $45 million growth capital in a new funding round led by DN Capital. NUMA operates more than 2,500 units…

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Selina Announces SPAC Merger Worth $1.2 billion

Main Photo: Selina Granada Date: December 2021 Name: Selina Hospitality Locations: North America, South America, Middle East and Europe Number of Keys: 22,400 with plans to add 40,000 more keys by 2025 Owner: Selina Hospitality Investor/Merger Partner: BOA Acquisition Corp Selina is planning to go public via a SPAC merger with BOA Acquisition Corp at…

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Prism Hotels & Resorts Acquired by Aimbridge Hospitality

Main Photo: Hilton El Conquistador Tucson Date: December 2021 Names: Some 50 hotels across the USA under brands such as Hilton, Hyatt, IHG and Marriott Locations: Across the USA Number of Keys: TBA Seller: Prism Hotels & Resorts Buyer: Aimbridge Hospitality Dallas-based Prism Hotels & Resorts, an award-winning, full-service hotel management, investment and advisory services…

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Boutique Hotel Group Experimental Targets US After €350m investment

Main Photo: Il Palazzo Experimental, Venice Date: December 2021 Name: Experimental Group Locations: USA, UK Number of Keys: N/A Seller: Experimental Group Buyer: Brookfield Commercial real estate group Brookfield has made a $350 million investment in European hospitality firm Experimental Group. That deal is expected to enable Experimental to open as many as 15 new…

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Noble Acquires Portfolio of Marriott, Hilton, and Hyatt Branded Hotels

Main Photo: Hyatt House Tallahassee Capitol – University Date: December 2021 Names: Residence Inn by Marriott Charlottesville Downtown, Hyatt House Tallahassee Capitol – University, and the Hampton Inn & Suites Tallahassee Capitol – University.  Location: Charlottesville, Virginia and Tallahassee, Florida, USA Number of Keys: 368 Seller: TBA…The Residence Inn opened in March 2016, and was…

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Reuben Family Plan £180m Fund for London’s Admiralty Arch

Main Photo: Admiralty Arch, London…courtesy Hilton Waldorf Astoria Date: December 2021 Name: Waldorf Astoria London Admiralty Arch Location: The Mall, London, England, UK Number of Keys: 100+ Owner/Seller: Prime Investors Capital (PIC) Lender/Buyer: Reuben Family The billionaire Reuben family is closing in on a £180m deal to further fund the transformation of Admiralty Arch into…

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Fortress Acquires Majority Stake in PREM Group

Main Photo: Tulfarris Hotel & Golf, Co. Wicklow, Ireland Date: December 2021 Name: PREM Group Locations: Ireland, UK, Belgium and Netherlands Number of Keys: 3,000+ Seller: PREM Group Buyer: Fortress Investment Group LLC The US Fortress Investment Group LLC has acquired a majority stake in Dublin-based serviced apartment and hotel company PREM Group through an…

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Movenpick to Open Serviced Apartmemnts in Cairo

Main Photo: Movenpick Living and Residences, Cairo – imagined Date: December 2021 Name: Movenpick Living and Residences – opening 2026 Location: New Capital City, 45 km east of Cairo, Egypt Number of Keys: 150 serviced apartments and 40 residences Owner: The property will be part of the Sixty Iconic Tower mixed-use development Buyer: Al Bourouj…

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Azora Acquires Bluserena, Italy’s Second Largest Resort Hotel Operator

Main Photo: Bluserena’s resort in Sicily – Serenusa Village Date: December 2021 Name: Bluserena Resort SPA Location: Across Italy Number of Keys: 4,200 Seller: Carlo Maresca SPA Buyer: Azora Group Azora, the Madrid-based European private equity real estate manager, has completed the acquisition of Bluserena SPA, the second largest resort operator in Italy, from the…

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Radisson Hotel Group to Open 11 Radisson Individuals Hotels Across Russia

Main Photo: Cosmos Sochi Hotel Date: December 2021 Name: Radisson Hotel Group Locations: 11 across Russia Number of Keys: 7,000+ Owner: Cosmos Hotel Group Radisson Hotel Group and Cosmos Hotel Group, part of the AFK Sistema company, have signed an agreement under which part of Cosmos Hotel Group’s hotels will benefit from the international hotel…

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Hampton by Hilton – High Wycombe Secures £13m Refinancing Deal

Main Photo: Hampton by Hilton Date: November 2021 Name: Hampton by Hilton – High Wycombe Location: High Wycombe, Buckinghamshire, England, UK Number of Keys: 150 Finance: Leumi UK Owner: Handy Cross Dev Co The London-based subsidiary of Israeli bank Leumi has agreed a £13.2m, five-year facility with Handy Cross Dev Co to refinance the 150-bed…

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Kimpton To Open Third Hotel in Thailand

Main Photo: Kimpton Hotels Date: November 2021 Name: Kimpton Khao Yai – opening 2024 Location: Khao Yai National Park, Pak Chong, Thailand Number of Keys: 100 Seller: The new hotel will be part of the Nusa MyOzone Project…prior to this, the site was a greenfield site Buyer: Nusasiri Public Company IHG Hotels and Resorts has…

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CitySuites II Manchester to Open in January 2022

Main Photo: CitySuites II studio apartment Date: November 2021 Name: CitySuites II – opening January 2022 Location: Manchester, England, UK Number of Keys: 142 Seller: TBA Buyer: Select Property Group CitySuites, part of Select Property Group, will unveil its second aparthotel in Manchester Town Centre in January 2022. Select also run Vita Developments, big in…

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