Posts by Dev Anand
Sir Richard Sutton Company/Family Launch New Hotel Brand in the UK
Main Photo: The Castle Hotel Windsor, which dates back to 1528 when it opened as The Mermaid Inn Date: April 2022 Name: Sutton Hotel Collection – Castle Hotel Windsor, Queens Hotel Cheltenham and Francis Hotel Bath Locations: Windsor, Cheltenham and Bath, England, UK Number of Keys: 290 Owner: Sir Richard Sutton Ltd Manager: The hotels…
Read MoreTrinity Investments Partners With Oaktree Capital Management To Acquire 530-Key Hyatt Regency Indian Wells, California
Main Photo: The 36-acre Hyatt Regency Indian Wells Date: April 2022 Name: Hyatt Regency Indian Wells Resort & Spa Location: Indian Wells, Greater Palm Springs, California, USA Number of Keys: 530 including 43 villas Seller: Grand Champions LLC sold the hotel to Hyatt Corporation in 2018 Buyer: Trinity Fund Advisors LLC and funds managed by…
Read MoreNew Dual-Brand Radisson RED & Radisson Hotel Opens at Oslo Airport
Main Photo: The bar and restaurant area at the new dual-brand hotel Date: April 2022 Name: Radisson RED Oslo Airport and Radisson Hotel & Conference Centre Oslo Airport Location: Oslo Airport, Norway, where Radisson already have a Radisson Blu and Park Inn by Radisson hotels Number of Keys: 514 in total – 214 at RED…
Read MoreTristan Capital Takes Majority Stake in Point A Budget Hotels Platform for £420m
Main Photo: The Point A Hotel in Parnell Street, Dublin Date: April 2022 Name: Point A Hotels Locations: 10 hotels across the UK, mainly London, with three in Edinburgh, Glasgow & Dublin Number of Keys: 1,520 Seller: Raag Hotels – a JV between the Jivraj family and the Wellcome Trust, who have sold their stake…
Read MoreEuropean Hotel Bargain Portfolio Deals On Hold
Date: April 2022 Location: Mainly Europe What Did They Say: Frustrated investors are still waiting with cash in hand to enter the European hotel market, as hopes of a raft of distressed opportunities fade. Who They: Hotel Analyst Main photo: One of the hotels within a Spanish portfolio recently put up for sale Agents see little…
Read MoreJPI Hospitality Acquires Hotel Rotterdam City
Main Photo: The Hotel Rotterdam City Date: April 2022 Name: Hotel Rotterdam Location: 800m from Central Station, Schiekade 658, Rotterdam, The Netherlands Number of Keys: 115 Seller: TBA Buyer: JPI Hospitality Investors Club, part of Vienna-based JP Immobilien, who own eleven hotels in Austria, Spain, Italy and Switzerland The JPI Hospitality Investors Club has acquired…
Read MorePreferred Hotels Adds Another 11 Member Hotels First Quarter 2022
Main Photo: Lefay Resort & Spa Lago di Garda Date: April 2022 Name: Preferred Hotels & Resorts Locations: Europe, USA, Mexico, India, Tanzania & Peru Number of Keys: TBA Marketing Consortium: Preferred Hotels & Resorts Preferred Hotels & Resorts, the world’s largest independent hotel brand representing more than 650 hotels, resorts, and residences across 80…
Read MoreKSL Capital Partners Acquires The Pig Hotels
Main Photo: The Pig on the Beach in Dorset Date: March 2022 Name: The Pig Hotels Locations: Mainly South West England, UK Number of Keys: Eight hotels – Currently around 200 rooms Seller: Jim Ratcliffe, billionaire owner of 50% of The Pig Hotels, whose day job is running Ineos petrochemicals group Buyer: KSL have acquired…
Read MoreYoung’s Pubs Group Opens Flagship Pub With Rooms Following Major Refurb
Main Photo: The bedrooms at The Spread Eagle “pub with rooms” Wandsworth, London Date: April 2022 Name: The Spread Eagle Location: Wandsworth, on the site of the Young’s brewery Number of Keys: 21 Owner: On the site of the Young’s brewey opened in 1831, where the company’s head office will also be relocated British pub…
Read More4C Hotel Group Open Westin London City Late 2021
Main Photo: The Westin London City Date: March 2022 Name: The Westin London City Location: North Side of The Thames, between St Pauls and Mansion House, City of London, England, UK Number of Keys: 222, including 10 suites…plus 9 apartments Owner: 4C Hotel Group, designed by Dexter Moren Manager: RBH Management 4C Hotel Group had…
Read MoreAce Hotel Primed for Debut Sydney, Australia
Main Photo: The Loft Suite at the new Ace Hotel Sydney Date: March 2022 Name: Ace Hotel Sydney Location: Wentworth Avenue, Surry Hills, Sydney, NSW, Australia Number of Keys: 264 Seller: The site was the Tune House brick factory Buyer: Developer Golden Age Group US-based Ace Hotel Group is soon to launch its very first…
Read MoreHotel Chelsea New York Is Back After 11-year Hiatus — and This Time It’s For Real According to The New York Post
Main Photo: The Hotel Chelsea, under (Builder’s) wraps – Image: Steven Cuozzo, New York Post Date: March 2022 Name: The Hotel Chelsea Location: West 23rd Street, Manhattan, New York City, NY, USA Number of Keys: Was 250 – 155 to reopen Summer 2022 Owner: BD Hotels partners Richard Born, Ira Drukier and Sean Macpherson The…
Read MoreThe Standard Hotel Hollywood Sold, Will Reopen With New Name
Main Photo: The Standard Hotel, as is Date: March 2022 Name: The Standard Hotel Hollywood – to be renamed Location: Sunset Strip, Los Angeles, California, USA Number of Keys: Seller: Formerly owned by hotelier Andre Balazs, who also owns the nearby Chateau Marmont, opened in 1999 with the financial support of Leonardo DiCaprio, Cameron Diaz,…
Read MoreFour Seasons And Diriyah Gate Development Announce New Hotel In Saudi Arabia
Main Photo: The proposed new Fours Seasons Hotel Date: March 2022 Name: Four Seasons Hotel Diriyah, Saudi Arabia Location: Diriyah, just outside of Riyadh, Saudi Arabia Number of Keys: 150 rooms and suites Seller: TBA Buyer: Diriyah Gate Development Authority Four Seasons Hotels and Resorts and Diriyah Gate Development Authority (DGDA), the developers of the…
Read MoreHighgate 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…
Read More110 Room or 94 Serviced Apartments Project in Prime Athens Location For Sale
Location: Monasteraki Square, 10 minutes walk from Syntagma Square, Athens, Greece – location map available Name: TBA – Agreement in place with a Top-Ten global brand – due to open November 2023 Guide Price: As 110 Key Hotel: €41m after completion, including FF&E, upon opening; As 94 Serviced Apartments (one building only) €29m Guide Price…
Read More87-bedroom Select-Service Manchester Hotel For Sale, With Scope For Growth
Location: Salford, Manchester, England, UK Name: The Ainscow Hotel Guide Price: £8.5m Guide Price per Key: Just shy of £100k No. of Keys: 87…scope to add 57 more rooms and 99 apartments The Opportunity: The freehold hotel, whose owners went into administration in Septemeber 2021, is situated within one mile of Central Manchester and within…
Read MoreMandarin Oriental Opens Luxury Property in Shenzhen, China
Main Photo: The new Mandarin Oriental in China Date: March 2022 Name: Mandarin Oriental Shenzhen Location: Futian District, Shenzhen, Southern China Number of Keys: 178 Seller: TBA Buyer: Shum Yip Capital Mandarin Oriental Hotel Group has introduced its legendary hospitality to the vibrant southern China city of Shenzhen, with the opening of Mandarin Oriental, Shenzhen. The luxury…
Read MoreLaundy Group Purchases Port Macquarie’s, Australia Mercure Centro Hotel For AUD25m
Main Photo: The Mercure Centro Hotel Date: March 2022 Name: Mercure Centro Location: Port Macquarie, New South Wales, Australia Number of Keys: 72 Seller: HTL Property Buyer: Laundy Hotel Group, operator of some 25 hotels and pubs, across Australia Mercure Centro Hotel in Port Macquarie has been snapped up by the Laundy Hotel Group for…
Read MoreSoho House To Open In Manchester…and Balham!
Main Photo: The archetype Soho House rooftop pool and bar Date: February 2022 Name: Soho House Manchester…and Soho House Balham Locations: Manchester: The old Granada Studios building, Quay Street; Balham: Bedford Hill, South London Number of Keys: Manchester: 140 Seller: TBA Buyer: Soho House, whose parent company, Membership Collective Group held an IPO in New…
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