Recent Deals

Main Photo: The Raffles London at OWO – opening Spring 2023 (all other photos imagined) Date: November 2022 Names: Raffles London at The OWO, Mövenpick Wrocław, Poland, Pullman Okol Resort Golf & Spa, Bulgaria, Sanssouci Karpacz – MGallery, Poland, Swissôtel Kolasin, Montenegro, Mövenpick Balaland Resort Lake Balaton, Hungary, Swissôtel Tbilisi, Georgia and Fairmont Golden Prague,…

Main Photo: The new Waldorf Astoria – imagined Date: November 2022 Name: Waldorf Astoria Guanacaste to open 2025 Location: Northwest coast of Costa Rica Number of Keys: 190 rooms and suites, as well as 25 residences Seller: TBA Buyer:  Revolution, Cacique Investors, and Garnier & Garnier. Hilton International has expanded it’s Costa Rica and luxury footprint with the signing of Waldorf Astoria Guanacaste hotel….

Main Photo: Melia Carmingnano, Tuscany one of their 11 hotels in Italy Date: November 2022 Names: INNSiDE Noto and INNSiDE Cala Rossa – both to open 2024 Locations: INNSiDE Noto – Southeast of Sicily; INNSiDE Cala Rossa Terrasini, Sicily – both in Italy Number of Keys: Noto: 146; Cala Rossa: 115 Sellers: TBA Buyer: Meliá…

Main Photo: The Iberostar Cozumel, Mexico Date: November 2022 Name: IHG Hotels & Resorts and Iberostar Hotels & Resorts Locations: In order of %: Mexico, Dominican Republic, Jamaica, Brazil, Spain, other EMEAA locations Number of Keys: 24,300 – 70 hotels included in the deal Seller: Not a sale as such, but Iberostar Beachfront Resorts becomes…

Main Photo: The Hotel Cipitra Cibubur, one of the 50 hotels across Indonesia, included in the deal Date: November 2022 Name: Indies Capital; Swiss Belhotel Indonesia and PT Zest Hotels, both owned by Ciputra Group Locations: Swiss-Belhotel International is a global group in 16 countries – Hong Kong, China, Indonesia, Malaysia, Philippines, Vietnam, Bahrain, Egypt,…

Main Photo: The Iberostar Hotel in Madrid Date: November 2022 Name: Iberostar Las Letras Gran Vía  Location: Gran Via, Madrid, Spain Number of Keys: 109 Seller: TBA…management was provided by Iberostar Buyer: Millenium Hospitality Real Estate, with this being their 12th hotel. The American fund Castlelake owns 49.72% of Millenium since July 2021. Additional stakeholders…

Main Photo: The newly-acquired Mercure Hotel Berlin Mitte Date: November 2022 Name: Mercure Hotel Berlin Mitte Location: Near Potsdamer Platz and Gleisdreieck, Berlin, Germany Number of Keys: 120 Seller: The landlord of the building, P&L Real Estate GmbH, is part of the group company of Lambert Immobilien GmbH Buyer: Primestar Group Investment firm Primestar Group…

Main Photo: The new Mandarin – envisaged Date: November 2022 Name: Mandarin Oriental Kuwait – due to open 2028 Location: Looking onto Kuwait City Number of Keys: 159 to include 33 suites and 10 serviced apartments Seller: TBA Buyer: Bukhamseen Group Holding Mandarin Oriental Group is growing in the Middle East by planning to open…

Main Photo: The Spa at the new Dreams Madeira – imagined Date: November 2022 Name: Dreams Madeira Resort Spa & Marina – planned opening 2024 Location: Porto Santo, Madeira, Portugal Number of Keys: 366 Owner: The property was a Dreams Resort, which has now shut for a full refurb and relaunch. Okami Hotels is the…

Main Photo: The bedroom style envisaged for the new Ruby Edinburgh Date: November 2022 Name: The Ruby Edinburgh – planned to open 2025 Location: Princes Street, Edinburgh, Scotland, UK Number of Keys: 300 Seller: TBA…the site was ground floor retail (Zara) with offices above Buyer: Ruby Group has partnered with Edinburgh-based real estate investment management…

Main Photo: The bar and restaurant area at the Hilton T5 – Mr Todiwala’s Kitchen Date: November 2022 Name: Hilton London Heathrow Terminal 5 Location: Heathrow Airport – T5, England, UK Number of Keys: 350 Seller: Shiva Hotels Buyer: Scala Capital Partners on behalf of unnamed investors Shiva Hotels have sold the Hilton London Heathrow…

Main Photo: The Grand Hotel Baglioni Florence, one of the seven Baglioni hotels in the deal, with Milan opening 2023 Date: November 2022 Name: Palace Resorts and Baglioni Hotels & Resorts Locations: Mexico, Caribbean, USA, Italy, Maldives, London Number of Keys: Palace: 5,614; Baglioni: 532 Seller: Baglioni and it’s parent company, Cogeta Spa. In February…

Main Photo: The pool at Montage Laguna Beach Date: November 2022 Name: Montage Laguna Beach, opened in 2003 Location: Laguna Beach, California, USA Number of Keys: 260 Seller: China-based Dajia Insurance Group Co …what was Anbang Insurance. What was Strategic Hotels & Resort acquired the hotel in 2015 for $360m at a then record deal…

Main Photo: The Torch Tower – imagined Date: November 2022 Name: TBA – to open 2028 Location: The Tokyo Torch, Tokyo, Japan Number of Keys: 110, 50% will be suites Developer: Mitsubishi Estate Co., Ltd. and Tokyo Century Corporation Manager: The Dorchester Collection The Dorchester Collection has been selected to manage the hotel within Torch…

Main Photo: The newly opened Grayson Hotel on West 39th Street, NY Date: November 2022 Name: Grayson Hotel Location: West 39th St., Midtown Manhattan, New York, NY, USA Number of Keys: 296 Seller: The site was four adjacent buildings, demolished in 2018, to allow contruction to start on The Grayson Buyer: Owned, developed and managed…

Main Photo: The original Highbullen Hotel Date: November 2022 Name: The Mole Resort – opening mid-2023 Location: Chittlehamholt, River Mole, North of Dartmoor, Devon, England, UK Number of Keys: 58 lodges and 36 hotel rooms, with plans to add a further 15/16 Seller: The site was formerly the Highbullen Hotel and acquired by the Chapman…

Main Photo: Holiday Inn Nairobi Two Rivers Mall Date: November 2022 Names: Holiday Inn Nairobi Two Rivers Mall, The Fairview Nairobi and Crowne Plaza Dar es Salaam Locations: Holiday Inn and Fairview – Nairobi, Kenya and Crowne Plaza in Dar es Salaam, Tanzania Number of Keys: 171, 127 and 148 Brand: IHG – Holiday Inn,…

Main Photo: The logo for the new company Date: November 2022 Name: Legendary Hotels & Resorts Location: Initially Iceland, with plans to expand across Northern Europe Number of Keys: TBA on this first hotel…Plans to have 1,000 keys within two years Seller: TBA Buyer: Legendary Hotels & Resorts, headed up by Dmitrijs Stals Legendary Hotels…

Main Photo: IHG recently opened its first dual-branded avid hotels and Holiday Inn & Suites property in Mt. Juliet, Tennessee, USA  Date: November 2022 Name: Dual-branded avid hotel and Holiday Inn & Suites Location: Around 10 miles of the Nashville International Airport Number of Keys: 168 total rooms, which includes 72 avid rooms and 96…

Main Photo: The exterior of the new Hyatt Regency – imagined Date: November 2022 Name: Hyatt Regency Lisbon Location: Belem, on the side of the River Tagus, Lisbon, Portugal Number of Keys: 204 including 105 suites…plus Residences Seller: TBA Buyer:  Realtejo – Hotelaria e Turismo, S.A., owned subsidiary of United Investments Portugal and Fibeira Hyatt…