RD North America
Aman Announces Aman Beverly Hills – Opening 2026
Main Photo: The approach to the new Aman Beverly Hills – imagined Date: June 2022 Name: Aman Beverly Hills – opening 2026 Location: Intersection of Wilshire and Santa Monica Boulevards, a mile from the world-renowned Rodeo Drive, Los Angeles, California, USA Number of Keys: Seller: TBA Buyer: Cain International in partnership with Alagem Capital Aman,…
Read MoreChoice Hotels International to Acquire Radisson Hotel Group Americas for US$675m
Main Photo: The Radisson Blu Aqua Hotel, Chicago Date: June 2022 Name: Choice Hotels International & Radisson Hotel Group Location: The Americas Number of Keys: 624 hotels – 68,000 keys Seller: Radisson Hotel Group, owned by Chinese Jin Jiang Buyer: Choice Hotels International Choice Hotels International and Radisson Hotel Group announced that Choice Hotels has…
Read MoreRestaurateur, Charlie Palmer and Four Seasons Veteran, Christopher Hunsberger Launch Appellation Brand in USA
Main Photo: The bedroom style of Appellation Healdsburg, imagined Date: June 2022 Name: Appellation Hotels, with first three three planned as Appellation Sun Valley (2023) and two regions in California with Appellation Healdsburg (2023) and Appellation Pacific Grove (2024). Locations: First three: Sun Valley, Idaho; Healdsburg and Pacific Grove – both in California, USA Number…
Read MoreMGM Resorts Sell Gold Strike Tunica Hotel & Casino Resort to Cherokee Nation, Owners of Hard Rock For $450m
Main Photo: Golf at Tunica – several courses to choose from Date: June 2022 Name: Gold Strike Location: Tunica Resorts, 20 minutes south of Memphis, MS, USA Number of Keys: 1,258 Seller: MGM Resorts International, whose portfolio encompasses 33 hotel and gaming destinations globally, including those under brands such as Bellagio, Aria, Delano and Mandalay…
Read MoreService Properties Trust Closes On The Sale of 22 Additional Sonesta-Branded US Hotels
Main Photo: The Chase Park Plaza Royal Sonesta St Louis Date: June 2022 Name: Service Properties Trust – SVC Locations: Across the USA Number of Keys: 6,248 sold previously….1,781 in this deal Seller: Service Properties Trust Buyer: TBA Service Properties Trust has announced progress on it’s previously announced plan to sell 68 Sonesta branded hotels.…
Read MoreSunstone Hotel Investors Completes Acquisition of The Confidante Miami Beach For $232m
Main Photo: The Pool at The Confidante Date: May 2022 Name: The Confidante Miami Beach, an Unbound Collection by Hyatt hotel…to become the Andaz Miami Beach Location: 4041 Collins Avenue, Miami Beach, Florida, USA Number of Keys: 339, although some reports suggest 354 to include 14 suites Seller: Hyatt who purchased the hotel from Geolo…
Read MorePartners Group and Trinity Investments Acquire Four Seasons Resort Dallas Las Colinas
Main Photo: The Four Seasons Dallas Date: May 2022 Name: The Four Seasons Dallas at Las Colinas Location: Las Colinas, Dallas Metroplex, Irving, Texas, USA Number of Keys: 431 Seller: The hotel was acquired by NY-based Extell Development off Blackstone RE for around $235m, in 2018. We think Blackstone paid $150m for the hotel in…
Read MoreMaverick Real Estate Acquires 323-Key New York Hotel – An IHG Indigo Brand Yet To Open
Main Photo: The new hotel as imagined in 2021 Date: May 2022 Name: Was planned as an Indigo Hotel…. Location: West 34th Street, New York City, NY, USA Number of Keys: Planned as 323 keys Seller: Chetrit Group Buyer: Maverick Real Estate Partners Maverick Real Estate Partners has purchased the $110 million note on Chetrit Group’s planned…
Read MoreCertares Real Estate and HRI Hospitality Acquire Two Hilton Hotels in California and Texas
Main Photo: The Hilton San Antonio Hill Country Date: May 2022 Names: DoubleTree Suites by Hilton Hotel Doheny Beach and the Hilton San Antonio Hill Country Locations: Dana Point, California and San Antonio, Texas Number of Keys: 196 and 226 Seller: The Hilton San Antonio was bought by Goldman Sachs in 2016. The DT by…
Read MoreBrookfield To Acquire Watermark Lodging Trust in US $3.8-billion – 25 Hotel Properties, Including Five Ritz-Carlton Hotels
Main Photo: Ritz-Carlton Philadelphia, one of the 25 hotels acquired by Brookfield in the Watermark Lodging Trust deal Date: May 2022 Name: Watermark Lodging Trust Locations: Across 14 US States Number of Keys: 8,100 Seller: Watermark Lodging Trust, a non-traded REIT led by Mike Medzigian Buyer: Toronto-based Brookfield Asset Management, possibly on of the largest investor fund…
Read MoreHilton Plans to More Than Double Lifestyle Portfolio Over Next Decade
Main Photo: The new Motto by Hilton Sao Paolo Ibirapuera – imagined Date: May 2022 Names: Hilton – brands such as Canopy by Hilton, Tempo by Hilton and Motto by Hilton hotels Locations: Global Number of Keys: TBA Buyers: Various The pipeline of properties in Hilton’s lifestyle category is expected to more than double over…
Read MoreNavika Group Acquires Andaz Wall Street, New York – January 2022, For $84.7m From Hakimian Organization
Main Photo: The newly rebranded Hyatt Centric Wall Street Date: May 2022 Name: Was The Andaz Wall Street – to be rebranded Hyatt Centric Wall Street New York – Reopened January 2022 Location: Wall Street, Financial District, New York, NY, USA Number of Keys: 253 Seller: Hakimian Organization Buyer: Navika Group, with a portfolio of…
Read MoreIf You Can’t Build A Resort On The Moon, Bring the MOON To Earth!
Main Photo: An image of what The Moon Resort (one of them) might look like! Date: May 2022 Name: MOON Locations: Looking to licence four locations on Earth – The Middle East (Gulf), Asia, Europe and North America Number of Keys: 4,000 suites per location Licensor: Moon World Resorts Inc Licensee: Looking for Licensees to…
Read MoreThe Raleigh, an Original Miami Icon, Will Reopen as a Rosewood
Main Photo: The new Raleigh Miami – imagined Date: May 2022 Name: The Raleigh – reopening 2025 Location: Miami Beach, Florida, USA Number of Keys: 60 plus 44 Residences Seller: Tommy Hilfiger group sold The Raleigh Hotel in 2019 to Michael Shvo and partners for $103M. They had paid $67.5 million for the property in 2014 and…
Read MoreDynamic City Expands it’s California Bay Area Presence Opens the Element by Westin San Jose Milpitas
Main Photo: The new Element by Westin Milpitas San Jose Date: April 2022 Name: Element by Westin Milpitas San Jose Location: San Jose, California, USA Number of Keys: 194 suites Seller: TBA Buyer: Dynamic City Capital (DCC), a Utah-based real-estate investment firm Dynamic City Capital (DCC), a Utah-based real-estate investment firm focused on premium-branded hotel…
Read MoreAKA to Open Latest Hotel in New York in September 2022
Main Photo: The Hotel AKA NoMad New York – imagined Date: April 2022 Name: Hotel AKA NoMad – Opening September 2022 Location: Madison Avenue, New York, NY, USA Number of Keys: Seller: Was the Roger New York Hotel, which was sold for $19m in July 2021 (not to be confused with the Roger Smith Hotel!) Buyer:…
Read MoreConrad Los Angeles Set for June 2022 Opening
Main Photo: The new Conrad within the Frank Gehry-designed mixed-use development The Grand LA Date: April 2022 Name: Conrad Los Angeles Location: Within The Grand LA, downtown Los Angeles, California, USA Number of Keys: 305 Seller: TBA Buyer: The Grand Avenue project is being developed by Related Companies Hilton has begun taking reservations for its Conrad…
Read MoreTrinity Investments Partners With Oaktree Capital Management To Acquire 530-Key Hyatt Regency Indian Wells, California
Main Photo: The 36-acre Hyatt Regency Indian Wells Date: April 2022 Name: Hyatt Regency Indian Wells Resort & Spa Location: Indian Wells, Greater Palm Springs, California, USA Number of Keys: 530 including 43 villas Seller: Grand Champions LLC sold the hotel to Hyatt Corporation in 2018 Buyer: Trinity Fund Advisors LLC and funds managed by…
Read MoreHotel Chelsea New York Is Back After 11-year Hiatus — and This Time It’s For Real According to The New York Post
Main Photo: The Hotel Chelsea, under (Builder’s) wraps – Image: Steven Cuozzo, New York Post Date: March 2022 Name: The Hotel Chelsea Location: West 23rd Street, Manhattan, New York City, NY, USA Number of Keys: Was 250 – 155 to reopen Summer 2022 Owner: BD Hotels partners Richard Born, Ira Drukier and Sean Macpherson The…
Read MoreThe Standard Hotel Hollywood Sold, Will Reopen With New Name
Main Photo: The Standard Hotel, as is Date: March 2022 Name: The Standard Hotel Hollywood – to be renamed Location: Sunset Strip, Los Angeles, California, USA Number of Keys: Seller: Formerly owned by hotelier Andre Balazs, who also owns the nearby Chateau Marmont, opened in 1999 with the financial support of Leonardo DiCaprio, Cameron Diaz,…
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