Recent Deals
Hotel 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.…
Read MoreCrowne Plaza London The City to Change Brands to Become Hyatt Regency London Blackfriars
Main Photo: The CP London to become a Hyatt Regency – bedroom style Date: March 2022 Name: Hyatt Regency London Blackfriars as at July 2022 Location: Blackfriars, South Bank, London, England, UK Number of Keys: 204 Owner: Mohhamed Galadari New Manager: Hyatt, under their Regency brand The Hyatt hotel brand is unveiling plans for the…
Read MoreHyatt Plans World’s First FILA-Branded Lifestyle Hotel in Shanghai
Main Photo: FILA HOUSE Shanghai Date: March 2022 Name: FILA HOUSE Shanghai Location: Hongqiao Business District, Shanghai West, China Number of Keys: TBA Seller: TBA Buyer: Hyatt Hotels Corporation and ANTA Group Hyatt Hotels Corporation and ANTA Sports Products Co., Ltd. announced plans for the first-of-its-kind FILA-branded hotel in Shanghai – FILA HOUSE Shanghai. The…
Read MoreAdagio To Make Irish Debut In Cork
Main Photo: Adagio Cork Date: March 2022 Name: Adagio Cork – to open Summer 2024 Location: South Terrace, Cork, Ireland Number of Keys: 103 Seller: N/A Buyer: JMK Group JMK Group is set open a 103-key Adagio aparthotel in three converted Georgian properties on Cork’s South Terrace. A planning statement says the proposal will provide…
Read MoreAEVIS Hotel Division Acquires Hotel L’Oscar In Central London For £60m
Main Photo: Hotel L’Oscar Date: March 2022 Name: Hotel L’Oscar Location: Bloomsbury, Central London, England, UK Number of Keys: 39 Seller: Aggregate Holdings Buyer: AEVIS Victoria AEVIS VICTORIA SA’s (AEVIS) hotel business is expanding its portfolio with the acquisition of its first international outlet, the five-star hotel L’Oscar in Southampton Row, in London’s Bloomsbury. Victoria…
Read MoreWyndham Hotels & Resorts Enters Poland With Upscale Hotel In Wroclaw
Main Photo: The new Wyndham Wroclaw Old Town, when it was a Sofitel Date: March 2022 Name: Wyndham Wroclaw Old Town Location: Wroclaw, Poland Number of Keys: 205 Seller: The hotel was the Sofitel which closed due to the pandemic in August 2020, owned by Orbis Buyer: Mogotel Hotel Group are the new operator Wyndham…
Read MoreA New Version of the Orient Express Train Is Coming to Italy in 2023
Main Photo: The suite on the new Orient Express La Dolca Vita – imagined Photo Credit: Dimorestudio Date: February 2022 Name: Orient Express La Dolce Vita Location: Six different trains across 14 Italian regions, three international routes, and more than 10,000 miles of railway lines Number of Keys: Each of the six separate trains will…
Read MoreHistoric 5-Star Luton Hoo Hotel is Sold to The Arora Group
Main Photo: The Luton Hoo Hotel Date: February 2022 (story: December 2021) Name: Luton Hoo Hotel, Golf & Spa Location: Luton, Bedfordshire, England, UK Number of Keys: 228 Seller: Elite Group Buyer: Arora Hotels Luton Hoo Hotel, Golf & Spa is in new hands after it was sold by Elite Hotels to The Arora Group.…
Read MoreCDL Trust Acquires Hotel Brooklyn in Manchester For £24.1m
Main Photo: Hotel Brooklyn Date: February 2022 Name: Hotel Brooklyn Location: Manchester, England, UK Number of Keys: 189 Seller: Roundapple Hotel Partners Buyer: CDL Hospitality Trust, owned by Kwek Leng Beng CDL Hospitality Trusts (CDLHT) has announced the acquisition of Hotel Brooklyn located at 57 and 59 Portland Street, Manchester, United Kingdom for £24.1m. The four-star upscale luxury…
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