Recent Deals
Noble Acquires Portfolio of Marriott, Hilton, and Hyatt Branded Hotels
Main Photo: Hyatt House Tallahassee Capitol – University Date: December 2021 Names: Residence Inn by Marriott Charlottesville Downtown, Hyatt House Tallahassee Capitol – University, and the Hampton Inn & Suites Tallahassee Capitol – University. Location: Charlottesville, Virginia and Tallahassee, Florida, USA Number of Keys: 368 Seller: TBA…The Residence Inn opened in March 2016, and was…
Read MoreFortress Acquires Majority Stake in PREM Group
Main Photo: Tulfarris Hotel & Golf, Co. Wicklow, Ireland Date: December 2021 Name: PREM Group Locations: Ireland, UK, Belgium and Netherlands Number of Keys: 3,000+ Seller: PREM Group Buyer: Fortress Investment Group LLC The US Fortress Investment Group LLC has acquired a majority stake in Dublin-based serviced apartment and hotel company PREM Group through an…
Read MoreVail Snaps Up Three US Ski Resorts – Severn Springs, Hidden Valley & Laurel Mountain
Main Photo: The Seven Springs Mountain Resort, including The Slopeside Hotel Date: December 2021 Names: Seven Springs Mountain Resort in Pennsylvania, Hidden Valley Resort and the operations of Laurel Mountain Ski Area Location: An hour (60 miles) south-east of Pittsburgh, Pennsylvania, USA Number of Keys: 418 hotel and conference centre…and a lot of snow! Seller:…
Read MoreBoundary London Acquired by James McCulloch’s Harcourt Inns
Main Photo: The Boundary hotel in London’s trendy Shoreditch Date: December 2021 Name: The Boundary London Hotel Location: Shoreditch, East London, England, UK Number of Keys: 17 Seller: Opened by London’s Restaurant Guru, Sir Terence Conran, in 2009. His Preston & Conran business went into administration in 2018 Buyer: Harcourt Inns, headed up by James…
Read MoreMitsis Hotels Expands Further to 6,500 Keys in Greece
Main Photo: The 500 room Blue Domes Resort, Kos with 10 pools, 11 restaurants and 6 bars! Date: December 2021 Name: The Mitsis Group Location: A new five-star on Mykonos and plans for three hotels in Rhodes, Greece Number of Keys: 225 in Mykonos Seller: TBA Buyer: The Mitsis Group, with help from Enterprise Greece…
Read MoreJumeirah Marsa Al Arab Opens in Dubai
Main Photo: The new Jumeirah Marsa Al Arab – imagined Date: December 2021 Name: Jumeriah Marsa Al Arab Location: The property is adjacent to the wave-shaped Jumeirah Beach Hotel and sailboat-inspired Burj Al Arab Jumeirah in Dubai Number of Keys: 386 rooms and suites, four penthouses, as well as 83 luxury hotel apartment suites Seller:…
Read MoreDavidson Kempner Wins Race For Luxury Hotel Portfolio in Portugal
Main Photo: The Conrad Algarve, one of the hotels included in the deal Date: December 2021 Name: Nau Hotels – a portfolio of luxury hotels, including the Conrad Algarve, the Cascatas Golf & Resort Spa by Hilton and the NAU group, of La Vie shopping centers, among other real estate assets. Location: Across Portugal Number…
Read MoreAloft Liverpool Hotel Sold to Fragrance Group Off £12m Guide Price
Main Photo: The Aloft Liverpool Date: December 2021 Name: The Aloft Liverpool Location: North John Street, Liverpool City Centre, England, UK Number of Keys: 116 Seller: North John Street LLP…The property was built around the year 1900 as the head office of the Royal Insurance Company and was converted into a 116-bedroom hotel under the…
Read MoreMovenpick to Open Serviced Apartmemnts in Cairo
Main Photo: Movenpick Living and Residences, Cairo – imagined Date: December 2021 Name: Movenpick Living and Residences – opening 2026 Location: New Capital City, 45 km east of Cairo, Egypt Number of Keys: 150 serviced apartments and 40 residences Owner: The property will be part of the Sixty Iconic Tower mixed-use development Buyer: Al Bourouj…
Read MoreAzora Acquires Bluserena, Italy’s Second Largest Resort Hotel Operator
Main Photo: Bluserena’s resort in Sicily – Serenusa Village Date: December 2021 Name: Bluserena Resort SPA Location: Across Italy Number of Keys: 4,200 Seller: Carlo Maresca SPA Buyer: Azora Group Azora, the Madrid-based European private equity real estate manager, has completed the acquisition of Bluserena SPA, the second largest resort operator in Italy, from the…
Read MoreRadisson Hotel Group to Open 11 Radisson Individuals Hotels Across Russia
Main Photo: Cosmos Sochi Hotel Date: December 2021 Name: Radisson Hotel Group Locations: 11 across Russia Number of Keys: 7,000+ Owner: Cosmos Hotel Group Radisson Hotel Group and Cosmos Hotel Group, part of the AFK Sistema company, have signed an agreement under which part of Cosmos Hotel Group’s hotels will benefit from the international hotel…
Read MoreTrump to Sell Marquee Washington Hotel for at Least $375 Million….the Deal to Close 2022
Main Photo: The Trump Hotel in Washington DC Date: December 2021 Name: Currently The Trump International Hotel Washington DC…CGI is exploring a deal to rename the hotel, based in the Old Post Office building, under Hilton’s luxury brand – Waldorf Astoria Location: Pennsylvania Avenue, Washington DC, USA Number of Keys: 263 rooms and suites Seller: The…
Read MoreMelia Hotels International Voted Most Sustainable Hotel Company in Europe For Third Year Running
Main Photo: The Melia Zanzibar, Tanzania Date: December 2021 Name: Melia Hotels International Location: Global – HQ in Spain Number of Keys: 82,576 in 317 hotels open, plus a pipeline of 12,352 in 50 more hotels Meliá Hotels International has once again been recognised as a leader in sustainability in the hotel industry. Despite the…
Read MoreBjarke Ingels Group Is Building a Sustainable Floating City Off the South Korean Coast
Main Photo: What the Oceanix project might look like Date: December 2021 Name: Busan by UN-Habitat and Oceanix Location: Busan, South-Eastern tip of the Korean peninsula, South Korea Number of Keys: A whole city…no doubt to include one or more hotels Partners: Bjarke Ingels Group with UN-Habitat and Oceanix It’s no secret that rising sea…
Read MoreSonder Signs at Jeff Sutton’s Wharton Properties Planned Midtown Hotel for Under $300M
Main Photo: The current retail store on West 34th Street, planned to become 363 key hotel Date: December 2021 Name: TBA Location: West 34th Street, Midtown New York City, NY, USA Number of Keys: 363 Owner: Wharton Properties, who filed a permit to convert the retail store to a new hotel, in April 2021. Superdry…
Read MoreExclusive Frontiers Launched – Sustainable Luxury Solutions for Hotels, Resorts, Land Owners….By Exclusive Tents and Wall Street Luxury JV Partnership
Main Photo: The interior of an Exclusive Tents venue in Venice, Italy Date: November 2021 Name: Exclusive Frontiers – a JV partnership between Exclusive Tents and Wall Street Luxury Location: Global – initially Europe & North America Number of Keys: Infinite! Wall Street Luxury, parent company to The Hotel Property Team announced today, a strategic…
Read Moregreet Hotel Berlin – Accor Signs Contract for Second greet Hotel in Germany
Main Photo: The greet hotel, Darmstadt – the first greet hotel in Germany Date: November 2021 Name: greet Hotel Berlin – opening February 2022 Location: Alexanderplatz, Berlin, Germany Number of Keys: 61 Seller: TBA Buyer: GCH Hotel Group, – better known as Grand City Hotels, a long-term franchise partner of Accor. With more than 120…
Read MoreIndia’s SAMHI/Barque Hotels Rescued By Cerberus Capital to Save Holiday Inn Express Chain
Main Photo: Holiday Inn Express Bengaluru Whitefield Date: November 2021 Name: SAMHI Hotels, the holding company of Barque Hotels Location: India Number of Keys: 1,792 Owner: Goldman Sachs-backed SAMHI Hotels, holding company of Barque Hotels Pvt Ltd Lender: Cerberus Capital Goldman Sachs-backed SAMHI Hotels provided INR 83 crore, around US$11m, of quasi-equity to Barque Hotels Pvt Ltd to keep the operator of Holiday…
Read MoreHampton by Hilton – High Wycombe Secures £13m Refinancing Deal
Main Photo: Hampton by Hilton Date: November 2021 Name: Hampton by Hilton – High Wycombe Location: High Wycombe, Buckinghamshire, England, UK Number of Keys: 150 Finance: Leumi UK Owner: Handy Cross Dev Co The London-based subsidiary of Israeli bank Leumi has agreed a £13.2m, five-year facility with Handy Cross Dev Co to refinance the 150-bed…
Read MorePeachtree Hotel Group Acquires Two Hotels in California With Verakin Capital
Main Photo: La Bellasera Hotel & Suites Date: November 2021 Name: Hampton Inn & Suites and La Bellasera Hotel & Suites – to become a Tapestry Collection by Hilton Location: Paso Robles, California Number of Keys: 141 Seller: Pacific West Hotels, a family owned business, run by Kevin Bierl and his three children Buyer: Peachtree…
Read More