RD Europe
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,…
Read MoreMelia 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…
Read MoreIHG Hotels and Resorts Agrees Licensing Deal With Iberostar Hotels and Resorts
Main Photo: The Iberostar Cozumel, Mexico Date: November 2022 Name: IHG Hotels & Resorts and Iberostar Hotels & Resorts Locations: In order of %: Mexico, Dominican Republic, Jamaica, Brazil, Spain, other EMEAA locations Number of Keys: 24,300 – 70 hotels included in the deal Seller: Not a sale as such, but Iberostar Beachfront Resorts becomes…
Read MoreSpanish 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…
Read MorePrimestar 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…
Read MoreHyatt’s New Inclusive Collection Resort to Debut in Portugal With the Planned 2024 Opening of Dreams Madeira Resort Spa & Marina
Main Photo: The Spa at the new Dreams Madeira – imagined Date: November 2022 Name: Dreams Madeira Resort Spa & Marina – planned opening 2024 Location: Porto Santo, Madeira, Portugal Number of Keys: 366 Owner: The property was a Dreams Resort, which has now shut for a full refurb and relaunch. Okami Hotels is the…
Read MoreMexico’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…
Read MorePan-European Hotel Operator, Legendary Hotels & Resorts Launches In Iceland With Ambitious Plans
Main Photo: The logo for the new company Date: November 2022 Name: Legendary Hotels & Resorts Location: Initially Iceland, with plans to expand across Northern Europe Number of Keys: TBA on this first hotel…Plans to have 1,000 keys within two years Seller: TBA Buyer: Legendary Hotels & Resorts, headed up by Dmitrijs Stals Legendary Hotels…
Read MoreKing 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 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 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 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 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 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 MoreDeutsche Finance International and BCP Capital Sign Agreement with Ennismore to Operate The Central Hotel as Ireland’s First Hoxton
Main Photo: The Hoxton Dublin envisaged Date: October 2022 Name: The Hoxton Dublin to open 2024 Location: Exchequer Street, Dublin, Ireland Number of Keys: 129 planned – currently 70 Seller: The Central was owned by the Gerry Conlon-led Bridlewood Family Trust and was originally designed by Richard Millar and William Symens, who were responsible for…
Read MoreXcentric Hotels Sell Eight easyHotels to easyHotel Ltd For €145m
Main Photo: eastHotel Brussels City Centre Date: October 2022 Name: easyHotel Benelux Locations: Amsterdam, The Hague, Rotterdam, Maastricht – Netherlands and Brussels, Belgium. Number of Keys: 793 Seller: Xcentric Hotels BV, an affiliated business of Crossroads Real Estate, a European real estate private equity and special situations fund manager, founded by former Och-Ziff MD David…
Read MoreNew Maldron Hotel Opens On Dublin’s Merrion Road
Main Photo: The newly-opened Maldron Merron Road, Dublin Date: October 2022 Name: Maldron Hotel Merrion Road Location: Merrion Road, Dublin, Ireland Number of Keys: 140 plus 64 apartments, five townhouses, and a basement car park, where the hotel has access to 68 car-parking spaces, in a mixed-use development Seller: The site was the Tara Towers…
Read MoreHyatt Sign Exclusive Collaboration Agreement With lindner Hotels AG To Add 30 New Hotels Across Europe
Main Photo: Lindner Hotel & Residence Main Plaza, Frankfurt…one of the 30 hotels to be rebranded Hyatt Date: October 2022 Name: Hyatt Hotels Corporation and Lindner Hotels AG – The majority of the properties are slated to transition to the JdV by Hyatt brand Locations: 30 hotels across seven European countries Number of Keys: 5,500…
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