Sustainability

King Street, Omnam Group and Kryalos SGR Complete Sale of W Rome To CPP Investments & Hamilton Pyramid Europe JV, for Around €172m

Main Photo: The W Hotel Rome Date: November 2022 Name: W Rome Location: The Ludovisi district, Rome, Italy Number of Keys: 162 Seller: King Street Capital Management, Omnam Investment Group and Kryalos SGR Buyer: A JV between CPP Investments and Hamilton Pyramid Europe King Street Capital Management, a leading global alternative investment firm, and Omnam Investment Group,…

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Saudi 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…

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Greek 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,…

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Fabege 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…

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Nordic 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…

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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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Grand Hyatt Brand Debuts in Gurgaon, India

Main Photo: The exterior of the new Grand Hyatt Date: August 2022 Name: Grand Hyatt Gurgaon Location: Gurgaon. Delhi National Capital Region – NCR, India Number of Keys: 442 Seller: TBA Buyer: Back in 2013 IREO – India Real Estate Opportunity Fund, committed to invest in Gurgaon as IREO City, a US$750 million, 1,000-acre (404-hectare)…

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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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New Hotel Group – Mob Hotels, Open 100-Key Hotel in Puces de Saint-Ouen Area of Paris (January 2022)

Main Photo: The new MOB House in Paris, with great external spaces Date: August 2022 Name: MOB House Paris Location: Rue des Rosiers, Puces de Saint-Ouen neighbourhood, Paris, France Number of Keys: 100 Seller: The site was an office building Buyer: MOB House, founded by Cyril Aouizerate, Philippe Starck and Michel Reybier in 2017 Cyril…

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New Hotel Group fforest hotels Opens First Boutique Hotel in Cardiganshire, Wales – The Albion

Main Photo: The newly opened Albion Hotel…Farm…and Camp Date: August 2022 Name: The Albion Location: Aberteifi, on the waterfront of River Teifi, Cardinganshire, Wales Number of Keys: 12 now with a further 11 to open 2023 Seller: The site was a granary warehouse Buyer: James Lynch, founder of fforest The Albion, the first hotel from…

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A Prime Landmark Hotel Development Opportunity Within the UNESCO Boyne Valley Co. Louth, Ireland…Update

Location: Drogheda, Co. Louth, Ireland 55 km North of Dublin…120 km South of Belfast Name: Open to new owner …Currently it is a Pig Farm.. Little Grange Farm Guide Price: €1.5m as is….new price Guide Price per Key: TBA No. of Keys: Would make 150 rooms/lodges The Opportunity: This 11 acre site, which has been…

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Liverpool City Council To Open Flagship Novotel Liverpool Paddington Village Hotel, At A Cost Of £43m, To Be Managed by Legacy Hotels & Resorts

Main Photo: The new Novotel Liverpool, billed as the tallest hotel in the city. Photo Credit: Liverpool Echo Date: June 2022 Name: Novotel Liverpool Paddington Village – opening July 2022 Location: Paddington Village Development, Liverpool, Merseyside, England, UK Number of Keys: 221, including the 39 long-stay apartments Seller: TBA Buyer: Liverpool City Council Legacy Hotels…

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Sustainable Investment Opportunity For Stunning Green Hotel/Villa Hospitality Development Business in Bali, Indonesia

Location: The Aura House, their first project is at Ayung River gorge, 30 minutes South of Ubud, Bali, Indonesia. The company’s offices are in Singapore Name: Guadua Pte, owners of Aura House Balia with plans for much more Guide Price: Investment Required: US$5m – $10m To Develop: Hospitality / Villas Ownership : Ownership of 6…

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Light Human Hotels To Open Vila Real Porto 2022

Main Photo: The stunning view from the new Vila Real Porto Date: May 2022 Name: Light Human Hotels Vila Real Porto – due to open late 2022 Location: Five minutes’ drive from the centre of Vila Real, an hour east of Porto’s International Airport Number of Keys: 124 rooms and suites Seller: TBA Buyer: Light Human…

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UK Commercial Property REIT Acquires Leeds Hotel and Long-Stay Development Opportunity For £62.7m To Be Operated Under Lease By Interstate Hotels & Resorts as a Duel-Branded Hyatt Place & Hyatt House

Main Photo: The proposed new development Date: May 2022 Name: Hyatt Place and Hyatt House – to open 2024 Location: Soverign Square, Central Leeds, Yorkshire, England, UK Number of Keys: Split between the two brands: 305 Seller: Leeds City Council owns the site; The development was acquired from Marrico (Sovereign Square) Ltd, a joint venture…

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BNP Paribas Buys Club Med Alpe d’Huez

Main Photo: The Club Med Alpe d’Huez Date: May 2022 Name: Club Med Alpe d’Huez Location: French Alps, Huez, Grands Rousses Massif, Isere, France at 1,860 metres Number of Keys: 442 Seller: Lagune, an investment vehicle managed by Luxembourg-based Batipart, created by Charles Ruggieri in 1988 Buyer: BNP Paribas, the asset will sit in its…

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Zeal Hotels Submits Planning For Sustainable Hotel In Exter, UK…The First Of Many

Main Photo: The proposed new Zeal Hotel in Exeter Date: May 2022 Name: Zeal Hotels Locations: Initially Exeter, England, UK – more to come around the UK Number of Keys: 142 Seller: TBA Buyer: Zeal Hotels Zeal Hotels has submitted plans to East Devon District Council to develop a sustainable hotel at Exeter Science Park under…

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Pullman Paris Montparnasse Re-Opens After 4-Year Renovation

Main Photo: The view of Paris from the 32nd floor skybar! Photo credit: Arnaud Laplanche Date: April 2022 Name: Pullman Paris Montparnasse Location: Montparnasse, Paris, France Number of Keys: 957 Owner: The hotel started life as part of the Nova-Park chain, which went bankrupt in the late 1990s, and the hotel became Le Meridien Montparnasse…

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Six Senses To Operate Svart Hotel in Norway

Main Photo: The proposed Svart Hotel in Norway, a truly sustainable hotel development Date: April 2022 Name: Six Senses Svart Location: At the foot of a glacier, Holandsfjorden Fjord, Norway  Number of Keys: 94 Owner: Svart Manager: Six Senses Hotels & Resorts, an IHG brand Standing ‘weightlessly’ at the foot of a striking glacier –…

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1930’s Icaro Hotel, Italian Dolomites Gets a Total Facelift

Main Photo: The timber look for this 1930’s mountain lodge, now Date: April 2022 Name: Hotel Icaro – reopened 2021 Location: Autonome Provinz Bozen – Südtirol, Italy Number of Keys: Now 21 Owner: The Sattler family Architects: MoDus Architects Originally built in 1936, it was one of the earliest mountain lodges on Alpe di Siusi…

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