Recent Deals
The 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,…
Read MoreFour Seasons And Diriyah Gate Development Announce New Hotel In Saudi Arabia
Main Photo: The proposed new Fours Seasons Hotel Date: March 2022 Name: Four Seasons Hotel Diriyah, Saudi Arabia Location: Diriyah, just outside of Riyadh, Saudi Arabia Number of Keys: 150 rooms and suites Seller: TBA Buyer: Diriyah Gate Development Authority Four Seasons Hotels and Resorts and Diriyah Gate Development Authority (DGDA), the developers of the…
Read MoreHighgate Assumes Management of Six Hotel Portfolio in Peru
Main Photo: Palacio del Inka, a Luxury Collection Hotel, Cusco, Peru Date: March 2022 Name: Urbanova Hotels Locations: Palacio del Inka Hotel, a Luxury Collection Hotel in Cusco, Tambo del Inka, A Luxury Collection Resort in Urubamba, Hotel Paracas, A Luxury Collection Resort, Aloft Lima Miraflores, AC Hotel Lima Miraflores and the Westin Lima Hotel…
Read MoreThailand’s Narai Group Launches Luxury Marasca Brand
Main Photo: Marasca Khao Yai – picture courtesy of TTG Asia Date: March 2022 Name: Marasca Khao Yai Location: Thailand Number of Keys: 18 Seller: Undisclosed Buyer: Narai Hospitality Group Thailand-based Narai Hospitality Group has debuted a new luxury brand Marasca Hotels & Resorts (MHR). MHR is NHG’s foray into casual luxury hospitality and is positioned…
Read MoreMandarin Oriental Opens Luxury Property in Shenzhen, China
Main Photo: The new Mandarin Oriental in China Date: March 2022 Name: Mandarin Oriental Shenzhen Location: Futian District, Shenzhen, Southern China Number of Keys: 178 Seller: TBA Buyer: Shum Yip Capital Mandarin Oriental Hotel Group has introduced its legendary hospitality to the vibrant southern China city of Shenzhen, with the opening of Mandarin Oriental, Shenzhen. The luxury…
Read MoreLaundy Group Purchases Port Macquarie’s, Australia Mercure Centro Hotel For AUD25m
Main Photo: The Mercure Centro Hotel Date: March 2022 Name: Mercure Centro Location: Port Macquarie, New South Wales, Australia Number of Keys: 72 Seller: HTL Property Buyer: Laundy Hotel Group, operator of some 25 hotels and pubs, across Australia Mercure Centro Hotel in Port Macquarie has been snapped up by the Laundy Hotel Group for…
Read MoreSoho House To Open In Manchester…and Balham!
Main Photo: The archetype Soho House rooftop pool and bar Date: February 2022 Name: Soho House Manchester…and Soho House Balham Locations: Manchester: The old Granada Studios building, Quay Street; Balham: Bedford Hill, South London Number of Keys: Manchester: 140 Seller: TBA Buyer: Soho House, whose parent company, Membership Collective Group held an IPO in New…
Read MoreHilton’s LXR Hotels & Resorts to Debut in Abu Dhabi With a Private Signature Island Golf Course
Main Photo: The Al Nawras Island, LXR Hotels & Resorts – imagined Date: March 2022 Name: Al Nawras Island, LXR Hotels & Resorts – to open 2023 Location: The private Al Nawras Island, Abu Dhabi, UAE Number of Keys: 80 villas Seller: TBA Buyer: TBA LXR Hotels & Resorts, Hilton’s collection of independent luxury properties, has…
Read MoreHotel Clover Sold To Singapore’s SLB Development and Hong Kong’s Weave Living For SGD74.8m – Around US$55m
Main Photo: Hotel Clover Date: March 2022 Name: Hotel Clover, 33 Jalan Sultan – to be renamed Weave Suites Location: Jalan Sultan, Singapore Number of Keys: 88 Seller: Hotel Clover Group, with five hotels in Asia Buyer: Weave Living and SLB Development Ltd Hong Kong-based Weave Living, in partnership with Singapore-based property developer SLB Development…
Read MoreScotland’s Dunkeld House Hotel Acquired By Blantyre and Fairtree Alternative RE
Main Photo: Dunkeld House Date: March 2022 Name: Dunkeld House Hotel Location: Banks of the River Tay, Dunkeld, Perthsire, Scotland, UK Number of Keys: 97 Seller: The property was acquired by Stakis Hotels (acquired by Hilton) in the 1980s and sold in 2016 to Dunkeld House Hotel LLP, a partnership between Arnold Schnegg, James Hawksworth…
Read MorePictet Buys Kimpton Hotel in Mallorca
Main Photo: The Kimpton Hotel, Mallorca Date: March 2022 Name: Kimpton Aysla Mallorca – to open mid-2022 Location: Calvia, Mallorca, Spain Number of Keys: 79 suites Seller: A Pictet related company Buyer: Swiss-based Pictet Alternative Advisors, currently invested in over 950 properties across the globe, through funds and co-investment deals, and manage USD 3.3bn of…
Read MoreCovivio Sells Club Med Resort for €125m
Main Photo: Club Med Grand Massif Date: March 2022 Name: Club Med Grand Massif Samoëns Location: Samoens, France Number of Keys: 420 Seller: Covivio Buyer: Perial Asset Management Covivio has sold the Club Med Grand Massif in Samoëns, France for €125 million to Perial Asset Management. The hotel has been operating since its opening by Club Med…
Read MoreChangzhou Marco Polo Hotel Sold for RMB402 Million – Around US$63m
Main Photo: The Marco Polo Changzhou Date: March 2022 Name: Marco Polo Changzhou Location: Xinbei High-Tech Development Zone, 3 km from the central business district in Changzhou, China Number of Keys: 302 Seller: Hong Kong-based Cheer Sky Investment Limited, a wholly-owned subsidiary of Hong Kong-based Harbour Centre Development Limited, has sold the entire equity interest…
Read MoreAccor Looking To Open More Than 300 Properties By End 2022
Main Photo: The dual-brand Raffles & Fairmont Doha Date: March 2022 Names: Accor with some 35 brands! Locations: Global Number of Keys: Opened 41,000 in 2021…Looking to open more in 2022 Accor, a global hospitality leader, has shared a summary of its 2021 development activities and growth outlook for 2022 and beyond. Overall, Accor opened…
Read MoreLyvInn Acquires Frankfurt Hotel
Main Photo: Frankfurt, Germany [Credit: Stefan Elvis-Stiuca on Unsplash] Date: March 2022 Name: LyvInn Frankfurt Location: Gallus, Frankfurt, Germany Number of Keys: 164 Seller: TBA Buyer: Blantyre Capital Blantyre Capital Limited has agreed to acquire a 164-room hotel in Frankfurt to be operated under the LyvInn brand. No purchase price was given for the transaction.…
Read MoreZetland Capital Acquires the Lindian Village Hotel Real Estate Properties in Rhodes, Greece
Main Photo: Date: March 2022 Name: Lindian Village Location: Lindos Acropolis, Rhodes, Greece Number of Keys: 188 Seller: Svyriadis SA, a Greek family-owned hospitality conglomerate Buyer: Zetland Capital, a private equity firm based in London Zetland Capital Partners LLP, a London based private equity firm today announced that funds under its management have acquired the…
Read MoreHilton to Open Hilton Garden Inn Brisbane City Centre North in 2024
Main Photo: Hilton Garden Inn Date: March 2022 Name: Hilton Garden Inn Brisbane City Centre North – opening 2024 Location: Brisbane, Queensland, Australia Number of Keys: 129 Seller: The site is a new-build Buyer: Spring Hill Property Group, a privately owned property development company based in Brisbane and mainly into residential properties in prime South…
Read MorePlusell Blis Acquires Three Spanish hotels From Mutualidad de la Abogacía for €62.5 Million
Main Photo: Playa de Almuñécar (Granada) Date: March 2022 Name: Hotel Vera Playa, Almuñécar Playa Spa Hotel, and a third property in Torremolinos Location: Almería, Granada and Málaga, Spain Number of Keys: 768 Seller: Mutualidad de la Abogacía Buyer: Plusell Blis Mutualidad de la Abogacía has sold three holiday hotels to the investor Plusell Blis…
Read MoreEdyn Secures £105m Funding From Blackstone and KSL Capital Partners
Main Photo: Date: March 2022 Name: Edyn Serviced Apartments – Brands: Locke and Cove Locations: Mainly Europe Number of Keys: 1,800 currently, with a further 1,400 in the pipeline Owner: Edyn Serviced Apartments, owned by Canadian Brookfield Funder: Blackstone Mortgage Trust and KSL’s European Capital Solutions (ECS) platform. Edyn, Brookfield’s European serviced apartment business, has…
Read MoreSouth Kensington’s Art-Led Exhibitionist Hotel Sold for £10.6m
Main Photo: The Exhibitionist Hotel Date: March 2022 Name: The Exhibitionist Hotel Location: South Kensington, London, England, UK Number of Keys: 37 Seller: Private family Buyer: 4C Hotels Group BNP Paribas Real Estate has sold the iconic The Exhibitionist hotel in South Kensington for £10.6m to an undisclosed buyer on behalf of a private client.…
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