Recent Deals In Central & South America

Check out the recent hotel deals from the Central & South America region…

Australia’s Baillie Lodges Acquires Chile’s Tierra Hotels

Main Photo: Spa with a view at Tierra Chiloe Date: August 2022 Names: Tierra Hotels – Three properties – Tierra Patagonia, Tierra Atacama and Tierra Chiloé Locations: Lake Sarmiento in Torres del Paine National Park, Atacama Northern desert, Chiloe Island, all in Chile Number of Keys: TBA Seller: The Purcell family, who will retain a…

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Advent International and GHL Hotels Form Partnership to Accelerate GHL’s Growth in Latin America

Main Photo: The GLH Relax Hotel Sunrise, one of the 55 hotels in LatAm Date: May 2022 Name: Advent International and GHL Hotels Location: Latin America Number of Keys: 7,000 currently Hotel Partner: GLH Hotels, the largest third-party hotel operator in the Andean region and Central America. It began operations in 1964 with five hotels…

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Highgate Assumes Management of Six Hotel Portfolio in Peru

Main Photo: Palacio del Inka, a Luxury Collection Hotel, Cusco, Peru  Date: March 2022 Name: Urbanova Hotels Locations: Palacio del Inka Hotel, a Luxury Collection Hotel in Cusco, Tambo del Inka, A Luxury Collection Resort in Urubamba, Hotel Paracas, A Luxury Collection Resort, Aloft Lima Miraflores, AC Hotel Lima Miraflores and the Westin Lima Hotel…

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Selina Announces SPAC Merger Worth $1.2 billion

Main Photo: Selina Granada Date: December 2021 Name: Selina Hospitality Locations: North America, South America, Middle East and Europe Number of Keys: 22,400 with plans to add 40,000 more keys by 2025 Owner: Selina Hospitality Investor/Merger Partner: BOA Acquisition Corp Selina is planning to go public via a SPAC merger with BOA Acquisition Corp at…

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