Posts by Dev Anand
Sunstone Hotel Investors Completes Acquisition of The Confidante Miami Beach For $232m
Main Photo: The Pool at The Confidante Date: May 2022 Name: The Confidante Miami Beach, an Unbound Collection by Hyatt hotel…to become the Andaz Miami Beach Location: 4041 Collins Avenue, Miami Beach, Florida, USA Number of Keys: 339, although some reports suggest 354 to include 14 suites Seller: Hyatt who purchased the hotel from Geolo…
Read MoreDajia Weighs $1 Billion Sale of Four Seasons Jackson Hole, Four Seasons Scottsdale and Montage Hotel Laguna Beach
Locations: Jackson Hole, Wyoming, Scottsdale, Arizona and Laguna Beach, California, USA Names: Four Seasons Resort and Residences Jackson Hole; Four Seasons Resort Scottsdale at Troon North, Arizona and Montage Laguna Beach in California Guide Price: US$1bn Guide Price per Key: Around $1.6m No. of Keys: Jackson Hole: 158 including 18 suites and 34 resort residences;…
Read MoreAzora Acquires Fourth Portugal Hotel – Pestana Blue Alvor
Main Photo: The Pestana Blue Alvor, in the Algarve Date: May 2022 Name: Pestana Blue Alvor Location: Alvor, South Coast Algarve, Portugal Number of Keys: 500 Seller: Pestana Hotel Group, who will continue to manage the hotel Buyer: The Azora European Hotel & Lodging, F.C.R. Azora, the Madrid-based European real estate investment manager, has completed…
Read MorePlanning Permission Granted For 60-room Hotel at Warwick Castle
Main Photo: Warwick Castle, whose roots go back to William the Conquerer, 1068! Date: May 2022 Name: Warwick Castle – plans to open late 2023 Location: Warwick, 20 minutes drive North-East of Stratford-upon-Avon, Warwickshire, England, UK Number of Keys: 60 Owner: Merlin Entertainments, who have managed the Castle since 2007 on behalf of Secure Income…
Read MorePartners Group and Trinity Investments Acquire Four Seasons Resort Dallas Las Colinas
Main Photo: The Four Seasons Dallas Date: May 2022 Name: The Four Seasons Dallas at Las Colinas Location: Las Colinas, Dallas Metroplex, Irving, Texas, USA Number of Keys: 431 Seller: The hotel was acquired by NY-based Extell Development off Blackstone RE for around $235m, in 2018. We think Blackstone paid $150m for the hotel in…
Read MoreRadisson Extends Partnership With PPHE To Expand Brands
Main Photo: The artotel Berlin Mitte Date: May 2022 Name: PPHE – Park Plaza Hotel Europe and Radisson Hotel Group Locations: EMEA Number of Keys: TBA Radisson Hotel Group and UK-based owner operator PPHE have extended their strategic partnership, promising both the opportunity to accelerate growth. PPHE has for two decades been the master franchisee…
Read MoreSydney Hotelier, Glenn Piper Buys Hook Island Lodge Leasehold in Whitsundays, Great Barrier Reef
Main Photo: The fab Whitsundays, where the Hook Island Lodge is Date: May 2022 Name: Hook Island Lodge Location: The Southern side of Hook Island, overlooking Hooks Passage and the Great Barrier Reef, Whitsundays, Australia Number of Keys: 50 Seller: Glenn Dickson…The property’s rooms and underwater observatory were damaged by Cyclone Yasi in 2011, and…
Read MoreHilton Debuts Conrad Hotel On The Sardinian Coast
Main Photo: The setting for this new Conrad beach-side resort Date: May 2022 Name: Conrad Chia Laguna Sardinia Location: Chia Bay, Cagliari, Sardinia, Italy Number of Keys: 107 Seller: TBA Buyer: Italian Hospitality Collection Hilton celebrates the opening of the highly-anticipated Conrad Chia Laguna Sardinia, marking the luxury brand’s debut in Italy. A prime location…
Read MoreGrand Hyatt Kuwait to Mark Brand’s Debut in Kuwait Late Summer 2022
Main Photo: The lobby at the new Grand Hyatt Date: May 2022 Name: Grand Hyatt Kuwait – opening late summer 2022 Location: 360 Mall, Kuwait – 9km from Kuwait International Airport Number of Keys: 302 Seller: TBA Buyer: Tamdeen Group The 59th Grand Hyatt in the world, and the first Grand Hyatt in Kuwait, is gearing up…
Read MoreUpto 50 Hectares Development Opportunity Eastern Algarve, Portugal For Eco Hotel Resort
Location: Guadiana/Odeleite Rivers, Eastern Algarve – one hour drive from Faro Airport, two hours from Seville, Spain…on the border in Portugal Name: Open to Investor/Buyer Guide Price: Land as is €5m (25 hectares) No. of Keys: 100+ eco-lodges, apartments, hotel rooms The Opportunity: Once in a lifetime opportunity to acquire multi-use development land, an initial…
Read MoreHighland Coast Hotels Acquire Their Sixth Hotel, The Tongue Hotel, Lairg, Scotland in Their First 12 Months
Main Photo: The historic Tongue Hotel in the very North of Scotland Date: May 2022 Name: The Tongue Hotel Location: Tongue, Lairg, Scottish Highlands, Scotland, UK Number of Keys: 19 Seller: The Hook family….the hotel was built in the mid 1800s and owned by the Duke of Sutherland. Buyer: Scottish Highland Hotels, whose CEO, Roddy…
Read MoreLangham Gold Coast Australia To Open June 2022
Main Photo: The stunning looking Langham Gold Coast – the tallest of the three towers Date: May 2022 Name: Langham Gold Coast – opening June 2022 Location: Between Surfers Paradise and Broadbeach, South of Brisbane, Australia Number of Keys: 169 rooms and suites plus 170 Jewel Residences Seller: TBA Buyer: AW Trading (Australia) Pty Australia’s…
Read MoreIHG to Open First Vignette Collection Hotel in Porto – Casa da Companhia in Late 2022
Main Photo: The Casa da Companhia bedroom Date: May 2022 Name: Casa da Companhia – opening late 2022 Location: Rua das Flores, Clerigos district, Porto, Portugal Number of Keys: 40 rooms and suites Seller: TBA…the site was a collection of historic buildings, restored to celebrate their 18th-century design Buyer: TBA… we think Mercan Group of…
Read MoreFrench Experimental Group Acquires Cowley Manor Hotel From Curious Group
Main Photo: The Cowley Manor Hotel Date: May 2022 Name: The Cowley Manor Hotel Location: Near Cheltenham, Gloucestershire, England, UK Number of Keys: 31 Seller: A Curious Group of Hotels, owned by Jessica and Peter Frankopan Buyer: Experimental Group, French-owned founded by Romee de Gorianoff French hospitality firm Experimental Group has revealed its purchase of…
Read MoreLight 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…
Read MoreMandarin Oriental to Open ‘Intimate’ Mayfair Site Late 2022
Main Photo: The new Mandarin Oriental Mayfair – imagined Date: May 2022 Name: Mandarin Oriental Mayfair Location: Hanover Square, Mayfair, London, England, UK Number of Keys: 50 plus 79 residences Seller: TBA Buyer: Clivedale London, an independent Mayfair-based developer established in 2012 which is dedicated to developing super-prime property in London’s W1 Mandarin Oriental Hotel…
Read MoreThackeray Group Seeks Aparthotel Operator for £30m Reading, UK Development
Location: Queen Victoria Street, Reading, Berkshire, England, UK Name: TBA – open to operator Guide Price: 15 – 25 year Operational Lease Preferred No. of Keys: 94 The Opportunity: Thackeray Group, the real estate investment, development and asset management company owned by Antony Alberti and Brett Palos, has launched a search for an aparthotel operator…
Read MoreResident Hotels Family Acquires Majority Stake in Sleeperz in The UK
Main Photo: The Sleeperz Cardiff Date: May 2022 Name: Sleeperz – with locations as below; Edinburgh is branded Cityroomz Locations: Cardiff, Newcastle, Edinburgh and Dundee – Wales, England and Scotland, UK Number of Keys: TBA Seller: Costain’s and Connection Capital’s stakes in the business, alongside the shares held by Sleeperz management. Resident has also invested…
Read MoreMaverick Real Estate Acquires 323-Key New York Hotel – An IHG Indigo Brand Yet To Open
Main Photo: The new hotel as imagined in 2021 Date: May 2022 Name: Was planned as an Indigo Hotel…. Location: West 34th Street, New York City, NY, USA Number of Keys: Planned as 323 keys Seller: Chetrit Group Buyer: Maverick Real Estate Partners Maverick Real Estate Partners has purchased the $110 million note on Chetrit Group’s planned…
Read MoreCertares Real Estate and HRI Hospitality Acquire Two Hilton Hotels in California and Texas
Main Photo: The Hilton San Antonio Hill Country Date: May 2022 Names: DoubleTree Suites by Hilton Hotel Doheny Beach and the Hilton San Antonio Hill Country Locations: Dana Point, California and San Antonio, Texas Number of Keys: 196 and 226 Seller: The Hilton San Antonio was bought by Goldman Sachs in 2016. The DT by…
Read More