Recent Deals
Parliament Square Hobart Sold For AUD338m In Tasmania’s Largest Ever Transaction
Main Photo: Parliament Square Hobart Date: February 2022 Name: Parliament Square Hobart – The Tasman, A Luxury Collection Hotel, Marriott Location: Hobart, Tasmania, Australia Number of Keys: 152 Seller: Trawalla Group, Alan & Carol Schwartz’ family office Buyer: Spirit Super – created through the merger of Tasplan and MTAA Super in early 2021 The Trawalla…
Read MoreSingapore Wealth Fund GIC to Acquire 30-Hotel Prince Hotels Portfolio Across Japan For 150 Bn Yen – Around US$1.3 Billion
Main Photo: Shimoda Prince Hotel, Shimoda, Japan Date: February 2022 Name: Prince Hotels Location: Japan Number of Keys: TBA Seller: Prince Hotels, part of Seibu/Staywell Hotels Buyer: GIC Singaporean sovereign wealth fund GIC has emerged as the potential buyer for the majority of Seibu Holdings’ hotel portfolio, branded Prince Hotels. Around 30 of Seibu’s hotels…
Read MoreBlackstone To Buy Preferred Apartments In $5.8 Billion Deal
Main Photo: The Ellison, a multifamily housing development owned by Preferred Apartments Date: February 2022 Name: Preferred Apartment Communities Location: USA Number of Keys: 12,000 apartments Seller: Preferred Apartment Communities Buyer: Blackstone Real Estate Income Trust A division of Blackstone is set to acquire multifamily housing owner/operator Preferred Apartment Communities Inc for $5.8 billion. Blackstone…
Read MoreHard Rock Hotel Madrid Sells For €65m
Main Photo: Hard Rock Hotel Madrid Date: February 2022 Name: Hard Rock Hotel Location: Madrid, Spain Number of Keys: 161 Seller: ActivumSG Capital Management Buyer: Arlaes Management S.L. A fund overseen by ActivumSG Capital Management has sold the 161-room Hard Rock Hotel Madrid to Arlaes Management S.L for 65 million euros. ActivumSG Iberia Fund I…
Read MoreArtotel Signs Dafam Hotel Management Takeover Deal
Main Photo: Artotel Jakarta Thamrin (image courtesy of agoda.com) Date: February 2022 Name: Dafam Hotel Management (DHM) Location: Indonesia Number of Keys: 2,507 Seller: Dafam Hotel Management (DHM) Buyer: Artotel Artotel Group has acquired a majority stake in Dafam Hotel Management (DHM), which owns and operates 24 hotels in Indonesia with a total of 2,507…
Read MoreBlackstone’s Bourne Leisure’s Warner Hotels Acquires 180-Key The Runnymede Hotel, Egham
Main Photo: The Lounge at the Runnymede Hotel Date: February 2022 Name: The Runnymede on Thames Hotel & Spa Location: Egham, Surrey – Close to Heathrow Airport Number of Keys: 180 Seller: Family-owned Ralph Trustees, owned by Stuart and Daniel Levy Buyer: Bourne Leisure, under the Warner Leisure Hotels brand – their 16th adults-only hotel,…
Read MoreNew ‘Tech’ Aparthotel Brand – Aptel Opens In London
Main Photo: Aptel East Date: February 2022 Name: Aptel Location: London, UK Number of Keys: 33 Seller: N/A Buyer: N/A Aptel, a new aparthotel brand, has officially launched with its first site located in East London. The first Aptel site, Aptel East, is specifically located on Commercial Road, a short distance from Whitechapel and Aldgate East…
Read MoreDoubleTree To Add Six Hotels In European Expansion in 2022 – 2024
Main Photo: DoubleTree by Hilton Hannover Date: February 2022 Name: DoubleTree by Hilton Locations: Milan in Italy, Lyon in France, Hannover in Germany, Budapest in Hungary, Sittard in The Netherlands and Brasov in Romania Number of Keys: TBA Sellers: Various Buyers: TBA DoubleTree by Hilton is continuing its expansion in Europe with the addition of…
Read MoreNUMA Raises $45m In Funding
Main Photo: Numa Sketch Berlin Date: February 2022 Name: NUMA Group Location: Europe Number of Keys: 2,500 Owner: NUMA Group The Money: Investors led by DN Capital Hotel operator and technology developed NUMA Group has raised $45 million growth capital in a new funding round led by DN Capital. NUMA operates more than 2,500 units…
Read MoreWolfgramm Capital Acquires Avatar Hotel Group Portfolio and Management Company
Main Photo: Fairfield Inn & Suites Waco North Date: February 2022 Names: Fairfield Inn & Suites Waco North, Fairfield Inn & Suites Marshall, Holiday Inn Express & Suites Dallas South Desoto Location: Texas, USA Number of Keys: 280 Seller: Avatar Hotel Group Buyer: Wolfgramm Capital, headed up by Phil Wolfgramm The Avatar Hotel Group‘s entire…
Read MoreAccor to Open Dual Branded Hotel in 2025 on the Black Sea Coast
Main Photo: The area where the new dual-brand hotels will be; photo image courtesy Google Maps Date: February 2022 Names: Mövenpick Resort & Spa Agoi and Mercure Agoi Resort – opening 2025 Location: The resort village Agoi, northwest of Tuapse, Black Sea, Russia Number of Keys: 120 Movenpick and 160 Mercure – 280 rooms and…
Read MoreMarriott Debuts W Brand in Rome
Main Photo: The Lounge Bar at the W Rome Date: December 2021 Name: W Rome Location: Via Liguria, Spanish Steps, Rome, Italy Number of Keys: 162, including 15 suites Seller: The new hotel spans two adjacent 19th-century buildings on Via Liguria Buyer: W Rome is owned by King Street Capital Management, a global alternative investment…
Read MoreReliance of India Buys NY Luxury Mandarin Oriental Hotel for $98.15m for 73.37%
Main Photo: The Mandarin Oriental NY Date: February 2022 Name: Mandarin Oriental, New York Location: Columbus Circle, Central Park, New York, NY, USA Number of Keys: 248 rooms incl 46 suites, plus Residences, serviced by the hotel Seller: Cayman Islands-based Columbus Centre Corp (Cayman)…The hotel was acquired for $340m in 2007, by Dubai’s Istithmar, owner…
Read MoreAprirose acquires Selsdon Park hotel from De Vere
Main Photo: The Selsdon Park Hotel Date: February 2022 Name: Selsdon Park Hotel Location: Sanderstead, Croydon, Surrey, England, UK Number of Keys: 150 Seller: De Vere Hotels, who acquired the hotel from the Sanderson family in 1997, who in turn created the hotel in 1924 from being a 205 acre residential estate Buyer: Aprirose, a…
Read MoreUnion Investment Brings Radisson Blu Hotel Brand to Barcelona for €75m
Main Photo: The Hotel Barcelona 1882 – to become a Radisson Blu Hotel Date: February 2022 Name: Radisson Blu Barcelona Sagrada Familia Location: Sagrada Familia, Barcelona, Spain Number of Keys: 182 Seller: Partners Group, a leading global private markets firm, acting on behalf of its clients. The hotel was managed by Izaka Hotel Management, and…
Read MoreEngel & Völkers Acquires 7Pines Resort in Ibiza from 12.18 for €130m
Main Photo: The 7Pines Resort Date: February 2022 Name: 7Pines Resort Ibiza Location: Between Platges de Comte and Cala Codolar, Ibiza, Spain Number of Keys: 185 Seller: German investment firm 12.18 Buyer: Engel & Volkers Asset Management The high-end real estate agency Engel & Völkers has purchased the five-star hotel Seven Pines Resort Ibiza for €130 million. The…
Read MoreKSL Capital Partners Acquires Majority Ownership of Eden Hotels in The Netherlands
Main Photo: The Hard Rock Amsterdam American hotel, one of the 14 hotels acquired Date: December 2021 Name: Eden Hotels Locations: 7 in Amsterdam and across the Netherlands in Eindhoven, Leeuwarden, Den Haag (Hague), Groningen and Maastricht Number of Keys: 14 hotels with 2,000 rooms Seller: The Dijkstra family Buyer: KSL Capital Partners, hotel owners…
Read MoreDorchester Collection Unveils The Lana, Dubai to Open 2022
Main Photo: The stunning roof-top pool at the new Lana Hotel Date: February 2022 Name: The Lana Dubai Location: Business Bay area of Dubai, by Dubai Creek Number of Keys: 225 rooms, including 69 suites plus 39 Residences Seller: TBA Buyer: Omniyat, a Dubai-based developer, headed up by Mahdi Amjad, CEO. The Dorchester Collection to…
Read MoreBeaumier Acquires Three More Hotels in Wengen, Switzerland
Main Photo: The four-star Wengener Hof Date: February 2022 Names: Wengen Classic Hotels – Wengener Hof – 4 star, Hotel Belverdere – 3 star and Hotel Silberhorn – 4 star Locations: Wengen, Switzerland Number of Keys: 65, 62 and 54 – 181 in total Seller: The Zinnert family Buyer: Beaumier, previously named Les Hotels d’en…
Read MoreKerzner International and Lone Mountain Land Company Announce One&Only Moonlight Basin in Big Sky, Montana – To Open 2024
Main Photo: The new One & Only – first in the USA Date: February 2022 Name: One&Only Moonlight Basin – opening 2024 Location: Moonlight Basin, Montana, USA Number of Keys: 73 rooms and suites, 19 villas and 62 residences Seller: TBA Buyer: Lone Mountain Land Company Lone Mountain Land Company and Kerzner International Holdings have…
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