Posts by Dev Anand
Navika Group Acquires Andaz Wall Street, New York – January 2022, For $84.7m From Hakimian Organization
Main Photo: The newly rebranded Hyatt Centric Wall Street Date: May 2022 Name: Was The Andaz Wall Street – to be rebranded Hyatt Centric Wall Street New York – Reopened January 2022 Location: Wall Street, Financial District, New York, NY, USA Number of Keys: 253 Seller: Hakimian Organization Buyer: Navika Group, with a portfolio of…
Read MoreBrooklyn’s Iconic Bossert Hotel Facing Foreclosure
Location: Brooklyn Heights, New York, NY, USA Name: The Bossert Hotel Guide Price: TBA…somewhere in excess of $126m Guide Price per Key: TBA No. of Keys: Around 300 The Opportunity: The Bossert Hotel in Brooklyn Heights has lived many lives, starting as one of the borough’s most luxurious inns, hosting the Brooklyn Dodgers’ celebration when they won…
Read MoreIf You Can’t Build A Resort On The Moon, Bring the MOON To Earth!
Main Photo: An image of what The Moon Resort (one of them) might look like! Date: May 2022 Name: MOON Locations: Looking to licence four locations on Earth – The Middle East (Gulf), Asia, Europe and North America Number of Keys: 4,000 suites per location Licensor: Moon World Resorts Inc Licensee: Looking for Licensees to…
Read Morevoco Bonnington Dubai Opens January 2022 in Jumeirah Lake Towers – 2nd voco in Dubai
Main Photo: The voco Bonnington Dubai Date: May 2022 – hotel openedin January 2022 Name: voco Bonnington Dubai Location: Jumeirah Lakes Towers, near Dubai Marina, Dubai, UAE Number of Keys: 208 Seller: Was The Bonnington Hotel Dubai – built in 2008 as hotel and 271 apartments, owned by The McGettigan Group Buyer: Bonnington Hospitality JLT…
Read MoreHVS Reports 2021 European Hotel Transactions Up on 2020 levels With Single Asset Deals Reaching Record Average Room Rates
Date: May 2022 Location: Europe What Did They Say: In HVS’ European Hotel Transactions Report, they reveal that 322 European hotel transactions took place during 2021 involving 498 properties and 79,000 rooms Who They: HVS, one of the most respected global hotel consultants Main photo: A snapsot view of the market over the past 15 years…
Read MoreTurkey-Based The Stay Hotels Announces New Opening in Istanbul
Main Photo: The new Stay Hotel in Istanbul, Turkey, ready to open in June 2022 – imagined Date: May 2022 Name: The Stay Boulevard Nisantasi – Opening June 2022 Location: The Fashion Quarter, Istanbul, Turkey Number of Keys: 82 Seller: TBA Buyer: The Stay Hotels Group Design-focused hotel group The Stay Hotels has announced a new property in…
Read MoreThe Raleigh, an Original Miami Icon, Will Reopen as a Rosewood
Main Photo: The new Raleigh Miami – imagined Date: May 2022 Name: The Raleigh – reopening 2025 Location: Miami Beach, Florida, USA Number of Keys: 60 plus 44 Residences Seller: Tommy Hilfiger group sold The Raleigh Hotel in 2019 to Michael Shvo and partners for $103M. They had paid $67.5 million for the property in 2014 and…
Read MoreVertell AM – New Player On European Hotel Development Market – Led by Romain Semmel and Thibault Catala
Main Photo: Arenas Resort Altein, one of the four hotels acquired by Vertell AM in 2021 Date: May 2022 Names: Vertell AM – The four Arenas Resorts: Schweizerhof Sils-Maria, Altein Arosa, Victoria Lauberhorn Wengen and Valaisia Crans Montana Location: They acquired a portfolio of four properties in Switzerland in mid-2021 in a joint venture with…
Read MoreAdvent 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…
Read MoreHilton to Make Plymouth Debut With Hilton Garden Inn brand
Main Photo: The new Hilton Garden Inn Plymouth – imagined Date: May 2022 Name: Hilton Garden Inn Plymouth – Opening 2024 Location: Plymouth Hoe, Plymouth, England, UK Number of Keys: 150 Seller: TBA Buyer: Propiteer Hotels Hilton has announced plans to open six hotels under it’s focused service brands in Germany, Italy, the UK and…
Read MoreZeal 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…
Read MoreLaSalle and NUMA Group Launch €500m Pan-European Urban Hotel Portfolio Strategy
Main Photo: The NUMA Sketch apartments in Berlin Date: May 2022 Name: LaSalle & NUMA Group Location: Europe Number of Keys: TBA LaSalle Investment Management is launching a €500m pan-European urban hotel aggregation strategy via a strategic partnership with NUMA Group, a leading European technology-driven alternative accommodation operator. The strategic partnership, forming part of LaSalle’s…
Read MoreCycas Announce Three Deals Across Europe – Copenhagen, London and Le Havre
Main Photo: The ibis Styles Copenhagen Orestad Date: May 2022 Names: ibis Styles Copenhagen Ørestad (opening December 2022), The 55 by Le Mirage (opening July 2022) and Moxy Le Havre (opening end 2024) Locations: Orestad neighbourhood Copenhagen, Denmark; Bayswater, London, England, UK and Le Havre, France Number of Keys: 186, 55 and 86 Sellers: TBA Buyers:…
Read MorePullman 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…
Read MoreDorsett Hospitality International Launches Dao by Dorsett Brand, With First Opening in West London
Main Photo: The original Palladium Theatre/Cinema Shepherds Bush – envisaged as the Dao by Dorsett Date: April 2022 Name: Dao by Dorsett West London – to reopen 1st October 2022 Location: Shepherds Bush, West London, England, UK Number of Keys: 74 serviced apartments Owner: Dorsett Hospitality International – the building was The Shepherds Bush Cinematograph…
Read MoreDynamic City Expands it’s California Bay Area Presence Opens the Element by Westin San Jose Milpitas
Main Photo: The new Element by Westin Milpitas San Jose Date: April 2022 Name: Element by Westin Milpitas San Jose Location: San Jose, California, USA Number of Keys: 194 suites Seller: TBA Buyer: Dynamic City Capital (DCC), a Utah-based real-estate investment firm Dynamic City Capital (DCC), a Utah-based real-estate investment firm focused on premium-branded hotel…
Read MoreLondon’s Mayfair New Boutique Hotel, The Twenty Two Eyes 2022 Opening
Main Photo: The exterior of the new Twenty Two – imagined Date: April 2022 Name: The Twenty Two Location: 22 Grosvenor Square, Mayfair, London, England, UK Number of Keys: 31 rooms and suites Seller: TBA..in the 1970s the building comprised nine apartments….originally developed in 1727 as two terraced houses! The current building was built in…
Read MoreSix 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 –…
Read More1930’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…
Read More41-Key Ski and Wellness Hotel in Wängle, Austria – 883 Metres With Vegan Cuisine For Sale
Location: Wängle, district of Reutte, Tyrol, Austria Name: TBA Guide Price: €5.5m Guide Price per Key: €134k No. of Keys: 41 The Opportunity: The owners bills this hotel as a nature hotel: “send body, mind and soul on vacation” The actual wellness area of the the hotel are the meadows, forests, lakes and mountains of the Reutte-Lechtal nature park…
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