Accor Confirm Eight New Openings in Europe in 2023 Under Raffles, Movenpick, Pullman, MGallery, Swissotel & Fairmont Brands

Main Photo: The Raffles London at OWO – opening Spring 2023 (all other photos imagined) Date: November 2022 Names: Raffles London at The OWO, Mövenpick Wrocław, Poland, Pullman Okol Resort Golf & Spa, Bulgaria, Sanssouci Karpacz – MGallery, Poland, Swissôtel Kolasin, Montenegro, Mövenpick Balaland Resort Lake Balaton, Hungary, Swissôtel Tbilisi, Georgia and Fairmont Golden Prague,…

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Hilton To Debut Waldorf Astoria Brand In Costa Rica

Main Photo: The new Waldorf Astoria – imagined Date: November 2022 Name: Waldorf Astoria Guanacaste to open 2025 Location: Northwest coast of Costa Rica Number of Keys: 190 rooms and suites, as well as 25 residences Seller: TBA Buyer:  Revolution, Cacique Investors, and Garnier & Garnier. Hilton International has expanded it’s Costa Rica and luxury footprint with the signing of Waldorf Astoria Guanacaste hotel.…

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Melia Adds Two INNSiDE Hotels In Sicily

Main Photo: Melia Carmingnano, Tuscany one of their 11 hotels in Italy Date: November 2022 Names: INNSiDE Noto and INNSiDE Cala Rossa – both to open 2024 Locations: INNSiDE Noto – Southeast of Sicily; INNSiDE Cala Rossa Terrasini, Sicily – both in Italy Number of Keys: Noto: 146; Cala Rossa: 115 Sellers: TBA Buyer: Meliá…

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Indies Capital Buys 60% Stake In Swiss-Belhotel Indonesia From Ciputra Group

Main Photo: The Hotel Cipitra Cibubur, one of the 50 hotels across Indonesia, included in the deal Date: November 2022 Name: Indies Capital; Swiss Belhotel Indonesia and PT Zest Hotels, both owned by Ciputra Group Locations: Swiss-Belhotel International is a global group in 16 countries – Hong Kong, China, Indonesia, Malaysia, Philippines, Vietnam, Bahrain, Egypt,…

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Spanish REIT Millenium Hospitality Real Estate Acquires 109-Key Iberostar Las Letras Hotel Madrid For €70m

Main Photo: The Iberostar Hotel in Madrid Date: November 2022 Name: Iberostar Las Letras Gran Vía  Location: Gran Via, Madrid, Spain Number of Keys: 109 Seller: TBA…management was provided by Iberostar Buyer: Millenium Hospitality Real Estate, with this being their 12th hotel. The American fund Castlelake owns 49.72% of Millenium since July 2021. Additional stakeholders…

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Primestar Group Buys Another Berlin Hotel, Mercure Hotel Berlin Mitte

Main Photo: The newly-acquired Mercure Hotel Berlin Mitte Date: November 2022 Name: Mercure Hotel Berlin Mitte Location: Near Potsdamer Platz and Gleisdreieck, Berlin, Germany Number of Keys: 120 Seller: The landlord of the building, P&L Real Estate GmbH, is part of the group company of Lambert Immobilien GmbH Buyer: Primestar Group Investment firm Primestar Group…

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Ruby Hotels to Open First Scottish Hotel In Edinburgh

Main Photo: The bedroom style envisaged for the new Ruby Edinburgh Date: November 2022 Name: The Ruby Edinburgh – planned to open 2025 Location: Princes Street, Edinburgh, Scotland, UK Number of Keys: 300 Seller: TBA…the site was ground floor retail (Zara) with offices above Buyer: Ruby Group has partnered with Edinburgh-based real estate investment management…

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Mexico’s Palace Resorts Acquires Italy-Based Baglioni Hotels & Resorts

Main Photo: The Grand Hotel Baglioni Florence, one of the seven Baglioni hotels in the deal, with Milan opening 2023 Date: November 2022 Name: Palace Resorts and Baglioni Hotels & Resorts Locations: Mexico, Caribbean, USA, Italy, Maldives, London Number of Keys: Palace: 5,614; Baglioni: 532 Seller: Baglioni and it’s parent company, Cogeta Spa. In February…

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Hyatt Regency Lisbon Opens

Main Photo: The exterior of the new Hyatt Regency – imagined Date: November 2022 Name: Hyatt Regency Lisbon Location: Belem, on the side of the River Tagus, Lisbon, Portugal Number of Keys: 204 including 105 suites…plus Residences Seller: TBA Buyer:  Realtejo – Hotelaria e Turismo, S.A., owned subsidiary of United Investments Portugal and Fibeira Hyatt…

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