China’s MDJM Acquires 20-Key Fernie Castle Hotel, Scotland to Initiate their Expansion Strategy to European Market

Main Photo: Fernie Castle Date: August 2022 Name: Fernie Castle Hotel Location: Fife, Scotland, UK Number of Keys: 20 including suites Seller: Braveheart Hotels, owned by the Blackburn family Buyer: MDJM MDJM Limited, an integrated real estate services company in China, today announced that it’s wholly owned subsidiary in United Kingdom, MD Local Global Limited…

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Noble Acquires 14-Asset Marriott, Hilton and Hyatt Hotel Portfolio

Main Photo: The Renaissance Raleigh North Hills, one of the hotels within the recent acquisition deal Date: August 2022 Names: TBA Locations: Across the USA Number of Keys: TBA Seller: TBA Buyer: Noble Investment Group, who since Qtr 2, 2021 have invested more than $1.5 billion across the United States in 40 hotels with approximately…

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IHCL Opens Two Hotels In Indian City of Ahmedabad

Main Photo: The new Vivanta Ahmedabad Date: August 2022 Names: Vivanta Ahmedabad SG Highway and Ginger Ahmedabad, RTO Circle Location: Ahmedabad, Gujrat, India Number of Keys: 176 and 111 Owners: Vivanta is in partnership with Leela Group of Companies. The hotel was operating as a Marriott Aloft ..Ginger Ahemedabad is on an operating lease deal with…

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IHG On The Lookout for DACH Conversion And Resort Opportunities

Main Photo: The new Indigo Vienna – stands out from it’s neighbours, not in a good way! However the interior looks great Date: August 2022 Name: IHG Hotels & Resorts – 17 brands and 4 collections Location: DACH – Germany, Austria and Switzerland Number of Keys: TBA IHG Hotels & Resorts is on the lookout…

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Radisson Rebrands Radisson Blu Vadistanbul As A Radisson Collection Hotel

Main Photo: The bedroom at the newly refurbed Radisson Collection Vadistanbul Date: August 2022 Name: Radisson Collection Hotel, Vadistanbul Location: Vadistanbul, a residential area of wider Istanbul, on the foothills of Vadistanbul Park which includes the Ataturk Arboretum, Belgrade Forest, and Göktürk Ponds National Park Number of Keys: 193 Owner: The hotel is a rebrand…

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Small Luxury Hotels Sign Up Eight New Members, From Belgium to Mexico

Main Photo: Formerly a goat farm, Lupaia is a sustainably-focused agriturismo in the heart of Tuscany Date: August 2022 Names: Juliana Hotel Brussels, ON Residence Thessaloniki, Cascioni Eco Retreat Localita Cascioni, Naturalis Bio Resort & Spa Martano, Desa Hay Bali, CPH Pevero Hotel Porto Cervo, Lupaia Torrita di Siena and TAGO Tulum Locations: As above…

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Union Investment Buys Hotel Project at Copenhagen’s Paper Island

Main Photo: Copenhagen’s Paper Island Date: August 2022 Name: 25hours Hotel Copenhagen Paper Island – Due to open March 2024 Location: Paper Island, Copenhagen, Denmark Number of Keys: 128 Seller: A consortium comprising Danica Pension and developers Nordkranen and UnionKul Buyer: Union Investment on behalf of it’s UniInstitutional European Real Estate fund from the Christiansholms…

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Ennismore Expands in New Zealand With Four New Hotel Signings

Main Photo: The Spa at the SO/ Auckland, another Ennismore hotel already open in NZ Date: August 2022 Names: Hyde, Jo&Joe and Tribe – to open 2023/24 Locations: Jo&Joe, two Tribe hotels in Auckland, North Island and Hyde, Queenstown, South Island, New Zealand Number of Keys: TBA Sellers: TBA Buyer: CP Group, owned by the…

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Hamilton Hotel Partners Re-Brands to Hamilton-Pyramid Europe, In Europe

Date: August 2022 Location: US HQ, with London HQ for Europe What Did They Say: Hamilton Hotel Partners announced that it has officially re-branded as ‘Hamilton – Pyramid Europe’, reflecting it’s pivotal position amongst the Pyramid Global Hospitality group of brands. Who They: Pyramid Global Hospitality Main photo: The new logo for Hamilton Pyramid Europe Hamilton…

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Radisson Resort Plaza Skiathos Opens In The Sporades Islands

Main Photo: The new Radisson Resort Skiathos Date: August 2022 Name: Radisson Resort Plaza Skiathos Location: Skiathos, part of the Sporades Islands, Greece Number of Keys: 84 rooms and suites Seller: TBA Buyer: HotelBrain Group Radisson Hotel Group opens its latest Greek upscale resort in the Greek Sporades islands on the sought-after island destination of…

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Dubai Residential Real Estate Transactions Surges to Hit US $653.4 million on Tuesday 9th August 2022

Date: August 2022 Location: Dubai.UAE What Did They Say: Residential sales hit AED2.4bn on Tuesday, 50% higher than Monday (AED 1.6bn) Who They: Dubai’s Land Department Main photo: Jumeirah Village Circle Dubai The residential property deals in the Dubai real estate market shot up on Tuesday to hit AED 2.4 billion ($653.4 million), 50 percent higher…

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Hotel Hotel Opens in Centre Of Lisbon, Under Design Hotels Banner

Main Photo: The newly opened Hotel Hotel in Lisbon Date: August 2022 Name: Hotel Hotel Location: Close to Avenida da Liberdade, at the intersection of three different neighborhoods: Avenida da Liberdade, Restauradores/Rossio, and Bairro Alto/Príncipe Real, Lisbon, Portugal Number of Keys: 40 including 4 suites Seller: TBA Buyer: Alexandre Martins At Lisbon’s new Hotel Hotel,…

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Scandic Opens New 632-Key Hotel in Copenhagen, Denmark

Main Photo: The new Scandic Spectrum hotel, Copenhagen Date: August 2022 Name: Scandic Spectrum Location: Waterfront, Copenhagen, Denmark Number of Keys: 632 Seller: TBA Buyer: TBA Scandic has opened a new lively hotel in the capital of Denmark. Located in central Copenhagen, Scandic Spectrum features 632 rooms, a spacious wellness area, two restaurants, a rooftop bar and large…

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Selina Opened Six Hotels and Signed Eight Properties Globally in Second Quarter 2022

Main Photo: Selina Paros, Greece Date: August 2022 Name: Selina Hotels Locations: Opens 1,788 beds spaces within eight properties in Greece, Australia, Portugal, Panama, the United States, Morocco, and Israel – Signs 3,204 bed spaces within eight new properties and two expansions across Australia, the United States, Greece, Mexico, Portugal, Panama, and Israel Number of…

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UK’s Champneys Secures £108m Loan Deal

Main Photo: Champneys at Tring, where it all started Date: August 2022 Name: Champneys Health Resorts Locations: Six locations in the UK: Tring, Liphook, Henlow Grange, Ashby-de-la-Zouch, Ashford and Mottram Number of Keys: 538…and 249 treatment rooms Owner: The business was acquired by the Purdew family in 2002 Lender:  Cheyne Capital Real Estate Champneys has…

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Marriott in Partnership With Gulf Islamic Investments To Develop First Autograph Collection Residences in London’s Chelsea

Main Photo: The exterior of The Lucan – imagined Date: August 2022 Name: The Lucan, Autograph Collection Residences – to open 2024 Location: Off Kings Road, Chelsea, London, England, UK Number of Keys: 31 residences comprising a mix of one, two and three bedrooms, as well as a penthouse apartment Seller: TBA Buyer: Gulf Islamic…

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