Recent Deals
The Meridian Club Re-Opens as Exquisite Five-Star Pine Cay, Turks & Caicos (June 2021)
Main Photo: Pine Cay; photo credit: Kira Turnbull Date: November 2021 (late report!) Name: Pine Cay Location: A secluded private island on the edge of the world’s third-largest barrier reef, a 20 minute boat ride from Providenciales, Turks & Caicos Number of Keys: 12 beachfront rooms and suites Seller: The hotel, formerly known as The…
Read MoreThe Angus Golf Resort & Hotel, Dundee Revises Plans to Make 175 Rooms, Rooftop Sky Bar, Spa, Golf & 170 Unit Residential
Main Photo: The new Angus Golf Resort – imagined Date: November 2021 Name: The Angus Golf Resort, Hotel & Spa – to open 2024 Location: The Shank of Omachie, above the Forbes of Kingennie country resort, near Broughty Ferry, with views out to the Tay estuary and St Andrews, Scotland Number of Keys: Planning has…
Read MoreDiamondRock Hospitality Open The Hythe in Vail, Colorado Under Marriott’s Luxury Collection Brand
Main Photo: The lobby at the new Hythe hotel Date: November 2021 Name: The Hythe, a Luxury Collection Resort, Vail Location: Vail, Colorado, USA Number of Keys: 344, including 22 suites and 16 residences Seller: The hotel was The Vail Marriott Mountain Resort, acquired by DiamondRock for $62m in 2005 from Vail Resorts Inc, who…
Read MoreKimpton To Open Third Hotel in Thailand
Main Photo: Kimpton Hotels Date: November 2021 Name: Kimpton Khao Yai – opening 2024 Location: Khao Yai National Park, Pak Chong, Thailand Number of Keys: 100 Seller: The new hotel will be part of the Nusa MyOzone Project…prior to this, the site was a greenfield site Buyer: Nusasiri Public Company IHG Hotels and Resorts has…
Read MoreCitySuites II Manchester to Open in January 2022
Main Photo: CitySuites II studio apartment Date: November 2021 Name: CitySuites II – opening January 2022 Location: Manchester, England, UK Number of Keys: 142 Seller: TBA Buyer: Select Property Group CitySuites, part of Select Property Group, will unveil its second aparthotel in Manchester Town Centre in January 2022. Select also run Vita Developments, big in…
Read MoreNordic Hotels Announces Oslo Luxury Art Deco Hotel Opening – Sommerro
Main Photo: The old Electricity Co building, to become The Sommerro Date: November 2021 Name: Sommerro – to open September 2022 Location: Frogner, Oslo, Norway Number of Keys: 231 plus 56 residences Seller: The site was the former HQ of Oslo Lysverker Buyer: Nordic Choice Hotels, owned by Petter Stordalen and headed up by Torgeir…
Read MoreThe Standard Comes to Ireland’s Dublin Arch, From the USA
Main Photo: The site where the new Standard hotel will open Date: November 2021 Name: The Standard Dublin – to open 2025 Location: Dublin, Ireland Number of Keys: 200 Seller: The site, known as Dublin Arch, previously Connolly Quarter, is a mixed-use development to house offices, shops, homes as well as the hotel. Developer: Ballymore…
Read MoreThe Latest Trend in Hotels….Add Experiential Accommodation In the Grounds
Main Photo: The Shepherd Huts at Another Place in the UK’s Lake District Date: November 2021 Name: Many…Outside Rooms Location: Across the Globe…this report Ullswater, Lake District, England, UK – opening summer 2022 Number of Keys: Adding from Five to Twenty-Five additional rooms to an existing hotel Owner: Will Ashworth, CEO The Lake/Another Place Between…
Read MoreMolo Hotel Group Acquires Manchebo Beach Resort & Spa, Aruba
Main Photo: Manchebo Beach Resort & Spa, Aruba Date: November 2021 Name: Manchebo Beach Resort & Spa, Aruba Location: Eagle Beach, Aruba, Caribbean Number of Keys: 72 Seller: The hotel has been family-held since 1970 when hotelier Ike Cohen bought the 72-room oceanfront hotel from its original developers, a pair of KLM pilots who opened…
Read MoreZetland Capital Partners Acquires Macdonald Manchester and Holyrood Hotels
Main Photo: Macdonald Manchester Hotel Date: November 2021 Names: Macdonald Manchester Hotel and Macdonald Holyrood Hotel Location: Manchester, England and Edinburgh, Scotland, UK Number of Keys: 338 – Manchester; 156 – Edinburgh 494 in total Seller: Macdonald Hotels & Resorts. Buyer: Zetland Capital Partners LLP London based private equity firm Zetland Capital Partners LLP is…
Read MorePPHE Buys Historic Four-Star Hotel Londra & Cargill, Rome – Their First in Italy For €34.5m
Main Photo: The Hotel Londra & Cargill Date: November 2021 Name: Hotel Londra & Cargill Location: 400 meters from Via Veneto, a walk away from the Spanish Steps and public transport at Termini Station Number of Keys: 101 Seller: Members of the De Romanis family Buyer: PPHE – Park Plaza Hotels Europe, headed up by…
Read MoreHilton Plots Growth in Europe and UK
Main Photo: The Canopy by Hilton Madrid Castellana Date: November 2021 Name: Hilton Locations: Across Europe Number of Keys: With 217 properties and more than 35,000 rooms in development, Hilton is expected to increase its footprint in Europe and U.K. by nearly 30% by the end of 2023 “Europe is instrumental to Hilton’s global growth…
Read MoreOakwood Premier to Make Kuala Lumpur Debut
Main Photo: The new Oakwood Kuala Lumpur Date: November 2021 Name: Oakwood Premier Kuala Lumpur – opening December 2024 Location: Merdeka 118 Precinct, Kuala Lumpur, Malaysia Number of Keys: 348 Seller: TBA Buyer: PNB Merdeka Ventures Oakwood has signed a management agreement with PNB Merdeka Ventures, to debut the Oakwood Premier brand at the Merdeka…
Read MoreMollie’s Motel & Diner to Grow to 100 sites in the Next 10 Years
Main Photo: Mollie’s Motel & Diner Date: November 2021 Name: Mollie’s Motel & Diner Locations: UK-wide Number of Keys: 750 – 1,000 over the next 10 years; Manchester 123 Keys Seller: TBA Buyer: Mollie’s Motel & Diner Mollie’s Motel & Diner aims to grow to 100 sites in the next 10 years. Originally conceived by…
Read MorecitizenM Raises $1bn For Expansion
Main Photo: citizenM New York Times Square Date: November 2021 Name: citizenM Location: Global – Europe, USA and Asia Number of Keys: 20 hotels – 4,760 open with a further 16 planned to take them to 8,545 keys Seller: N/A Buyer: GIC, APG Asset Management and KRC Capital CitizenM has raised US$ 1 billion in…
Read MoreLondon Town Group Appoints Cycas To Manage Three London Hotels
Main Photo: Mercure London Hyde Park Date: November 2021 Name: Mercure London Hyde Park, Mercure London Paddington, Hotel Indigo London Paddington Location: London, UK Number of Keys: 72, 86 & 64 – 222 in total Owner: London Town Group Manager: Cycas Hospitality Cycas Hospitality is to operate three upscale boutique hotels as part of a…
Read MoreSummit Hotel Properties to Acquire 27-Hotel Portfolio From NewcrestImage for US$822M
Main Photo: The Hyatt Place Dallas Grapevine, one of the 27 hotels acquired Date: November 2021 Names: Various under Marriott, Hilton and Hyatt brand names – see below Location: Dallas/Fort Worth, Texas, USA Number of Keys: 3,709 Seller: NewcrestImage Buyer: Summit Hotel Properties Inc. and GIC Private Limited US-based Summit Hotel Properties Inc. and joint…
Read MoreMarriott International Brings St. Regis and EDITION Brands to Red Sea Project
Main Photo: St Regis Red Sea Resort Date: November 2021 Names: St Regis Red Sea Resort & The Red Sea EDITION – due to open end 2023 Location: The Red Sea Project, West Coast of Saudi Arabia Number of Keys: 90 Villas (St Regis) and 240 rooms and suites (EDITION) Seller: TBA Buyer: Red Sea…
Read MoreIntrepid Travel Expands Into Hotels With Launch of Drifter
Main Photo: The new Drifter Christchurch, NZ Date: November 2021 Name: Drifter – an Intrepid Hotel Locations: Initially Auckland, Wellington and Christchurch in 2022 with plans to secure an East Coast Australia property in 2022 Number of Keys: Christchurch – 95; Others will be between 60-150 Seller: The site was built in 1919 as the…
Read MoreLouvre Hotels Launches Capsule Hostel Brand HoSho
Main Photo: The new HoSho Brand by Louvre Hotels Date: November 2021 Name: Hotel HoSho Paris Sud Porte d’Italie Location: South Paris, France Number of Keys: 39 rooms – 246 beds! Seller: The building was an office block Buyer: A franchise partner with Louvre Hotels, owned by Chinese Jin Jiang Louvre Hotels Group has launched…
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