Recent Deals
Yorkshire-Based Developers North Star and Countrylarge Acquire Hotel Plot near Manchester’s Piccadilly from Japanese Hotel Group Toyoko For A Room2 Hotel
Main Photo: The site of the proposed new Room2 hotel – imagined; photo credit: Royal Pilgrim Date: September 2022 Name: Room2 Manchester Location: Piccadilly, Manchester, England, UK Number of Keys: 180 Seller: The site has been destined to become a hotel, going back to Yotel in 2013…and more recently Japanese hotel group Toyoko were granted…
Read MoreBuro Ole Scheeren Designs Two Hotels With “Hanging Gardens” for Chinese Resort Sanya For CDF Investment & Development
Main Photo: The two hotels, pushing the boundaries on hotel design Date: September 2022 Name: The Regent Sanya Bay and Hotel Indigo Sanya Bay – Sanya Horizons….due to open 2026 Location: Sanya, Hainan Island, Southern China Number of Keys: TBA Seller: TBA Buyer: CDF Investment & Development Büro Ole Scheeren has unveiled designs for a hotel building made…
Read MoreSaudi Arabia’s NEOM Backs US $350m 5-Star Hot Air Balloon Hotel Project – Nimbus
Main Photo: The outline plan! Date: September 2022 Name: Nimbus Location: UAE/Saudi Arabia – can move freely! Number of Keys: TBA Seller: Dreamed up by 4 students at Cornell – much beer involved! Buyer: Saudi Arabia’s NEOM Tech & Digital Company, rebranded this week as Tonomus looking to back the concept A proposed US$350 million…
Read MoreGreek Sani/Ikos Group Enters Strategic Partnership Agreement with GIC Valuing the Business at €2.3bn
Main Photo: The Blau Porto Petro, an Ikos acquisition in September 2021 Date: September 2022 Name: Sani Resorts and Ikos Resorts – SIG Locations: Spain and Greece Number of Keys: 11 hotels between the two brands…Keys TBA Seller: GIC will be buying the stakes from investors that include Oaktree Capital Management, Goldman Sachs Asset Management,…
Read MoreSaudi Arabia to Bid US$40bn for FIFA 2030 World Cup
Main Photo: What the FIFA World Cup Fanzone might look like! Date: September 2022 Name: FIFA 2030 World Cup Location: It is understood the Saudis will make a joint bid, with Egypt and Greece as co-hosts Number of Keys: in 2022: The World Cup is expected to attract more than one million visitors, but by…
Read MorePandox Acquires DoubleTree By Hilton Bath, UK Hotel for £40m
Main Photo: The DoubleTree by Hilton Bath Date: September 2022 Name: DoubleTree by Hilton Bath Location: Pulteney Bridge, Bath, England, UK Number of Keys: 176 Seller: Starwood Capital, who acquired the hotel in a seven-strong Hilton deal in 2018, for £135m from Park Hotels Buyer: Pandox Swedish property operator, Pandox, has acquired The DoubleTree by Hilton Bath for £40m.…
Read MoreFabege Signs Loan Deal with Nordska Investeringsbanken for SEK 432.5m for Scandinavia’s First Zero-Energy Hotel in Solna
Main Photo: The Arenastaden Hotel, Solna Date: September 2022 Name: Nationalarenan 3 Location: Arenastaden, Solna, just outside Stockholm, Sweden Number of Keys: 336 rooms, 88 long-stay apartments and Nordic Choice Hotel’s Swedish headquarters Owner: Fabege, the owners of Solna Business Park Lender: Nordiska Investeringsbanken (NIB) Nordiska Investeringsbanken (NIB) and Fabege have agreed on a 10-year…
Read MorePandox to Sell InterContinental Montreal for CAN $80m
Main Photo: The InterContinental Montreal Date: September 2022 Name: The InterContinental Montreal Location: Saint Antoine Ouest, Montreal, Quebec, Canada Number of Keys: 337 Seller: Sweden’s Pandox, who acquired the hotel in 2007 for CAN$49m, from a JV of InterContinental Hotels Group and Cadim, a division of the Caisse de dépôt et placement du Québec Buyer:…
Read MoreRotana Announces Two New Dubai Hotels: Arabian Park & Damac Hills 2
Main Photo: The Damac Hills 2 Hotel – imagined Date: September 2022 Names: Arabian Park Hotel and Damac Hills 2 Hotel – opening October and November 2022 Locations: Arabian Park will be located in Al Jaddaf; Damac Hills 2 hotel is located in the Akoya Oxygen community…both in Dubai, UAE Number of Keys: 328 and…
Read MoreBain Capital and Omnam Group JV To Rebrand The Hotel Britannia Excelsior at Lake Como, Italy to Lake Como Edition
Main Photo: Marriott’s sister Lake Como hotel – The Sheraton Date: September 2022 Name: Hotel Britannia Excelsior to rebrand as the Lake Como Edition – to reopen 2025 Location: Lake Como, Italy Number of Keys: 285 to become 145 luxury rooms to include two penthouse suites Seller: Private family company, Doros Holdings: Whieldon Ross Stacey…
Read MoreAleph Hospitality Expands Middle East Footprint With New Management Agreement for La Maison Doha
Main Photo: The Doha hotel skyline including the Aleph Doha Residences, Curio Collection by Hilton Date: September 2022 Name: La Maison – to open in time for the FIFA World Cup November, 2022 Location: Doha’s Ben Mahmoud area, Qatar Number of Keys: 448 guestrooms and serviced apartments spread over three towers Seller: TBA Buyer/Owner: TBA Earlier…
Read MoreThe Hoxton Shepherds Bush To Open December 2022
Main Photo: The new Hoxton Shepherds Bush – imagined Date: September 2022 Name: The Hoxton, Shepherd’s Bush Location: The north end of Shepherd’s Bush Green, close to Shepherd’s Bush Market, Bush Hall and music venue Shepherd’s Bush Empire Number of Keys: 237 Seller: TBA…the site was the local Post Office Buyer: Ennismore, a JV company…
Read MoreCore Hospitality JV With Danish Developer A Enggaard To Bring Moxy Hotels to Aarhus, Denmark
Main Photo: The new Moxy Aarhus – imagined Date: September 2022 Name: Moxy Aarhus – to open 2026 Location: A new district, Sydhavnskvarteret, is being developed in Aarhus with a huge focus on assembling culture, business, and entrepreneurship, where the Moxy will open Number of Keys: TBA Seller: The new development is being undertaken by…
Read MoreSweden’s ESS Group To Open 11th Hotel, in Gothenburg November 2022
Main Photo: The interior lounge shot of the new Jacy’z Date: September 2022 Name: Jacy’z Hotel & Resort – opening November 2022 Location: Garda, Gothenberg, Sweden Number of Keys: 233 Seller: TBA Buyer: ESS Group In November, ESS Group will open it’s 11th hotel destination, originally planned to called Jimmy’z in Gothenburg, Sweden. The name…
Read MoreWyndham Hotels & Resorts Acquires European Hotel Brand Vienna House For €44m
Main Photo: The 557 Vienna House Andel’s hotel in Berlin Date: September 2022 Name: Wyndham Hotels & Resorts – Vienna House – to create Vienne House by Wyndham Locations: 28 hotels in Germany plus 12 in Austria and surrounding countries Number of Keys: 40 hotels – 6,000 keys Seller: Berlin based HR Group Buyer: Wyndham…
Read MoreEnnismore Partner With Related Group To Launch SLS Bahia Beach Residences In Novo Cancun, Mexico
Main Photo: The SLS Bahia Beach, due to open in xx Date: September 2022 Name: SLS Bahia Beach Location: Novo Cancun, Mexico Number of Keys: 111 residential condominiums of 2 to 4 bedrooms, including 6 penthouses plus 45 suites in the SLS Cancun Hotel, which opened in February 2021 Seller: TBA Buyer: The project is…
Read MoreNordic Hotels & Resorts Opens Art Deco Sommerro Hotel in Oslo
Main Photo: The exterior of the new art-deco Sommerro Date: September 2022 Name: Sommerro Location: Frogner, Oslo, Norway Number of Keys: 231 rooms and suites, including 56 residences Seller: The site was the former headquarters of Oslo Lysverker, the city’s original electrical company Buyer: Nordic Hotels & Resorts Nordic Hotels & Resorts has announced the…
Read MoreRadisson Hotel Group to Expand Footprint Across Australasia With Fresh Brands
Main Photo: The Radisson Blu, Sydney Date: September 2022 Name: Radisson Hotel Group with ten or so brands Location: Australasia Number of Keys: TBA Owner: Jin Jiang Hotels, with 30-odd brands of their own! Radisson Hotel Group has today announced significant expansion plans for Australasia, with a newly expanded brand portfolio, strategic partnerships and diverse…
Read MoreBlackstone’s & Apple Leisure Group’s Hotel Investment Partners – HIP Open Dreams Corfu After €30m Renovation
Main Photo: The new Dreams Corfu, previously the Corcyra Beach Hotel Date: September 2022 Name: Dreams Corfu Resort & Spa Location: Gouvia, Corfu, Greece Number of Keys: 235 now with plans to extend to 337 by 2023 Seller: The hotel was one of five sold to Blackstone in September 2019 Buyer: Blackstone and Apple Leisure…
Read MoreSieger Suarez Architects and Carlos Ott design Miami’s First Supertall Skyscraper To Become Waldorf Astoria Miami To Open 2026
Main Photo: The building-block Jenga-style Waldorf Astoria Miami Date: September 2022 Name: Waldorf Astoria Miami – due to open 2026 Location: Biscayne Boulevard, Miami, Florida, USA Number of Keys: TBA Seller: TBA Buyer: Developer is PMG, who is behind 111 W 57th Street, the skinniest skyscraper in the world recently completed in Manhattan Sieger Suarez Architects…
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