Posts by Dev Anand
Hilton’s LXR Hotels & Resorts to Debut in Abu Dhabi With a Private Signature Island Golf Course
Main Photo: The Al Nawras Island, LXR Hotels & Resorts – imagined Date: March 2022 Name: Al Nawras Island, LXR Hotels & Resorts – to open 2023 Location: The private Al Nawras Island, Abu Dhabi, UAE Number of Keys: 80 villas Seller: TBA Buyer: TBA LXR Hotels & Resorts, Hilton’s collection of independent luxury properties, has…
Read MoreStylish Building Exterior, Fab Location, In Need Of Total Repair! For Sale To Make 60+ Rooms London’s Hyde Park
Location: Within spitting distance of Hyde Park, Bayswater, London, England, UK Name: Was The Hotel Averard…name is open to new owner Guide Price: £22m Guide Price per Key: £367k plus refurb cost No. of Keys: 60…could be more The Opportunity: This opportunity will be well-known to those that have been following the London hotel scene…
Read MoreBloomsbury Townhouse Hotel Available on 115-Year Lease on Peppercorn Rent
Location: Bedford Place, Bloomsbury London, England, UK Name: Open to Buyer Guide Price: £7m Guide Price per Key: £195k Plus cost of refurb No. of Keys: 36 currently The Opportunity: Unique central London hotel repositioning or refurbishment opportunity, located in prime Bloomsbury, the intellectual and literary hub of London. Available for sale by way of…
Read MoreBahia Principe Wants Partners For Asset-Light Expansion
Locations: Currently: 20 hotels in the Caribbean and seven in Spain Name: Bahia Principe, part of the family-owned, Mallorca-based Grupo Piñero Deal Size: TBA No. of Keys: TBA The Opportunity: Spanish luxury resort chain Bahia Principe is expanding beyond its long-time business model as an owner/operator and casting about for partners who want to use…
Read MoreScotland’s Dunkeld House Hotel Acquired By Blantyre and Fairtree Alternative RE
Main Photo: Dunkeld House Date: March 2022 Name: Dunkeld House Hotel Location: Banks of the River Tay, Dunkeld, Perthsire, Scotland, UK Number of Keys: 97 Seller: The property was acquired by Stakis Hotels (acquired by Hilton) in the 1980s and sold in 2016 to Dunkeld House Hotel LLP, a partnership between Arnold Schnegg, James Hawksworth…
Read MorePictet Buys Kimpton Hotel in Mallorca
Main Photo: The Kimpton Hotel, Mallorca Date: March 2022 Name: Kimpton Aysla Mallorca – to open mid-2022 Location: Calvia, Mallorca, Spain Number of Keys: 79 suites Seller: A Pictet related company Buyer: Swiss-based Pictet Alternative Advisors, currently invested in over 950 properties across the globe, through funds and co-investment deals, and manage USD 3.3bn of…
Read MoreCovivio Sells Club Med Resort for €125m
Main Photo: Club Med Grand Massif Date: March 2022 Name: Club Med Grand Massif Samoëns Location: Samoens, France Number of Keys: 420 Seller: Covivio Buyer: Perial Asset Management Covivio has sold the Club Med Grand Massif in Samoëns, France for €125 million to Perial Asset Management. The hotel has been operating since its opening by Club Med…
Read MoreChangzhou Marco Polo Hotel Sold for RMB402 Million – Around US$63m
Main Photo: The Marco Polo Changzhou Date: March 2022 Name: Marco Polo Changzhou Location: Xinbei High-Tech Development Zone, 3 km from the central business district in Changzhou, China Number of Keys: 302 Seller: Hong Kong-based Cheer Sky Investment Limited, a wholly-owned subsidiary of Hong Kong-based Harbour Centre Development Limited, has sold the entire equity interest…
Read MoreAccor Looking To Open More Than 300 Properties By End 2022
Main Photo: The dual-brand Raffles & Fairmont Doha Date: March 2022 Names: Accor with some 35 brands! Locations: Global Number of Keys: Opened 41,000 in 2021…Looking to open more in 2022 Accor, a global hospitality leader, has shared a summary of its 2021 development activities and growth outlook for 2022 and beyond. Overall, Accor opened…
Read MoreZetland Capital Acquires the Lindian Village Hotel Real Estate Properties in Rhodes, Greece
Main Photo: Date: March 2022 Name: Lindian Village Location: Lindos Acropolis, Rhodes, Greece Number of Keys: 188 Seller: Svyriadis SA, a Greek family-owned hospitality conglomerate Buyer: Zetland Capital, a private equity firm based in London Zetland Capital Partners LLP, a London based private equity firm today announced that funds under its management have acquired the…
Read MoreEdyn Secures £105m Funding From Blackstone and KSL Capital Partners
Main Photo: Date: March 2022 Name: Edyn Serviced Apartments – Brands: Locke and Cove Locations: Mainly Europe Number of Keys: 1,800 currently, with a further 1,400 in the pipeline Owner: Edyn Serviced Apartments, owned by Canadian Brookfield Funder: Blackstone Mortgage Trust and KSL’s European Capital Solutions (ECS) platform. Edyn, Brookfield’s European serviced apartment business, has…
Read MoreHospitality Helps Asks For Hotels To Provide Temporary Hotel Rooms For Ukrainian Refugees
Find out how the hospitality industry are rallying around the people of Ukraine
Read MoreCrowne Plaza London The City to Change Brands to Become Hyatt Regency London Blackfriars
Main Photo: The CP London to become a Hyatt Regency – bedroom style Date: March 2022 Name: Hyatt Regency London Blackfriars as at July 2022 Location: Blackfriars, South Bank, London, England, UK Number of Keys: 204 Owner: Mohhamed Galadari New Manager: Hyatt, under their Regency brand The Hyatt hotel brand is unveiling plans for the…
Read MoreBanco Santander Puts Up For Sale Portofilio of 7 Hotels On The Spanish Coast
Locations: Spanish coast and islands including, Fuerteventura Names: Guide Price: Between €50m and €60m Guide Price per Key: €125k No. of Keys: 450 The Opportunity: Banco Santander brings to the market a portfolio of adjudicated hotels, whose jewel is the old Jandia Golf hotel in Fuerteventura. It is a portfolio of establishments located on the…
Read More213 Five-Star Branded Hotel in Cochin, Kerala, India For Sale
Location: IT Hub – Infopark, Cochin/Kochi, Kerala, Southern India Name: TBA Guide Price: INR 250 Crore – around US$ 33m…was higher – reduced price in 2022 Guide Price per Key: INR 117 Lakhs – around USD115k No. of Keys: 213 The Opportunity: This five-star, branded hotel, which has been operational since 2012, comprises 213 rooms,…
Read More112 Key, Three-Star Hotel For Sale Chennai, India
Location: Poonamallee, Central Chennai, Tamil Nadu, India Name: TBA Guide Price: INR 95 Crore – around US$12.5m Guide Price per Key: INR 8.5m – around US$111k No. of Keys: 112 The Opportunity: 112 Key three-star hotel, well appointed lobby with lounge, with three F&B outlets – Roof-top Indian restaurant, coffer-shop and bar-lounge. Meeting rooms and…
Read More174 Key Four-Star Branded Hotel, Under Construction, Kempegowda International Airport, Bangalore, India For Sale
Location: 10 minutes drive from the airport, Bangalore, India. One hour to Bangalore CBD Name: TBA Guide Price: INR 85 Crore – around US$11m – as is. Budget to complete: US$ 7m Guide Price per Key: INR 4.88m – around US$64k – completed US$110k No. of Keys: 174 The Opportunity: This four-star select-service hotel is…
Read MoreHospitality Helps Asks For Hotels To Provide Temporary Hotel Rooms For Ukrainian Refugees
Date: March 2022 Locations: Berlin, Bratislava, Brno, Bucharest, Budapest, Chisinau, Cluj-Napoca, Cracow, Debrecen, Katowice, Lublin, Munich, Prague, Vienna, Warsaw…and elsewhere! What did they say: We connect families on the run from the war in Ukraine with hotels around Europe that want to help and provide free stays.Main photo: The plight of Ukrainian refugees The #HospitalityHelps initiative…
Read MoreEquity Inmuebles Puts Portfolio 17 Hotels in Spain For Sale For €700m Currently Managed by Melia
Locations & Names: Across Spain… The portfolio includes the ME hotel in Plaza de Santa en Ana, in Madrid, as well as five other establishments in the Spanish capital, along with other hotels in Marbella, A Coruña, Chiclana de la Frontera and Baqueira Beret. The portfolio is completed with three Sol holiday establishments and eight former…
Read MoreSix Senses Fiji Resort Malolo Island For Sale
Location: Malolo Island within the Mamanuca Island Group, Fiji…25 km from Nadi International Airport Name: Six Senses Resort and Spa Fiji Guide Price: TBA Guide Price per Key: TBA No. of Keys: 24 pool villas The Opportunity: Six Senses Resort and Spa Fiji is exclusively offered for sale by JLL Hotels & Hospitality Group. Six…
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