Posts by Dev Anand
Three Buildings in Milan, 200 Metres from Piazza Duomo, Available For Sale to Convert to 280-Key Five-Star Hotel
Location: 200 Metres from Piazza Duomo…very central Milan, Italy Name: TBA – Open to buyer Guide Price: The three buildings (three owners) – €175m plus budget to convert Guide Price per Key: €625k plus renovation costs No. of Keys: Would make 280 rooms The Opportunity: These three adjacent buildings at Nos. 1, 3 and 5,…
Read MoreFour-Star 150+ Room Modern Branded Hotel, Available For Sale As Investment With Triple AAA rated Operator In Place with 19 Year Lease Left To Run
Location: German side of the Alsace border with France…130 km from Heidleberg/Mannheim Name: TBA Guide Price: €34m Guide Price per Key: €200k No. of Keys: Slightly more than 150 The Opportunity: A modern-built business hotel built in 2019, well located in this German city, with it’s 150+ rooms in the stylish design of Matteo Thun, this…
Read MoreA New Version of the Orient Express Train Is Coming to Italy in 2023
Main Photo: The suite on the new Orient Express La Dolca Vita – imagined Photo Credit: Dimorestudio Date: February 2022 Name: Orient Express La Dolce Vita Location: Six different trains across 14 Italian regions, three international routes, and more than 10,000 miles of railway lines Number of Keys: Each of the six separate trains will…
Read MoreHistoric 5-Star Luton Hoo Hotel is Sold to The Arora Group
Main Photo: The Luton Hoo Hotel Date: February 2022 (story: December 2021) Name: Luton Hoo Hotel, Golf & Spa Location: Luton, Bedfordshire, England, UK Number of Keys: 228 Seller: Elite Group Buyer: Arora Hotels Luton Hoo Hotel, Golf & Spa is in new hands after it was sold by Elite Hotels to The Arora Group.…
Read MorePreferred Hotels Signs 13 New Hotels Last Qtr 2021
Main Photo: The Fox Harb’r Resort, Nova Scotia, Canada Date: February 2022 Name: Various Locations: Global…from Mexico City, to Florida and Miami in USA, Georgia CIS to Paris and Tring in Europe Number of Keys: TBA Owners: All independant Preferred Hotels & Resorts, the world’s largest independent hotel brand representing more than 700 hotels, resorts,…
Read MoreIberia Reimagined – a Cluster of 10 New Signings by IHG Across Spain and Portugal
Main Photo: The Six Senses Lisbon Date: February 2022 Names: Spain: Holiday Inn Sant Cugat, Holiday Inn Express Madrid Airport, Holiday Inn Bilbao Sestao, Holiday Inn Express Sevilla and Staybridge Suites Malaga; Portugal: Staybridge Suites Porto, Staybridge Suites Carcavelos, Six Senses Lisbon, Holiday Inn Porto and Holiday Inn Express Evora Locations: as above Number of…
Read MoreIHG Partners With JJW as Part of 10 New Hotels Announcement for Iberia
Main Photo: The JJW Penina Resort & Gold Resort, Algarve…to become the new IHG brand – Vignette Collection Date: February 2022 Names: Three JJW properties – Grand Hotel Wien (Vienna, Austria), Penina Resort & Golf; Dona Felipa Hotel; voco Algarve – a fourth property as a new hotel…previously the Formosa Park Apartments Locations: Vienna, Austria…
Read MoreAtlas Hotels Has Acquired a Portfolio of Six Further Hotels, Located Across Scotland
Main Photo: The Holiday Inn Glasgow City Centre Date: February 2022 Name: Mainly Holiday Inn Express Locations: Glasgow, Edinburgh, Dunfermline and Perth, Scotland, UK Number of Keys: 569 Seller: Chardon Group, founded in 1972 by Maurice Taylor Buyer: Atlas Hotels, part of L+R Hotels Atlas Hotels has acquired a portfolio of six further hotels, located…
Read MoreWyndham Gains momentum Across Europe, Middle East, Eurasia and Africa
Main Photo: The Wyndham Garden Salalah Mirbat, Oman Date: February 2022 Name: Wyndham Hotels Location: EMEA Number of Keys: 70 new hotels signed in 2021 Sellers: Various Buyers: Various Wyndham Hotels & Resorts continues to expand across Europe, Middle East, Eurasia and Africa with a number of recent hotel launches and a strong line-up of openings…
Read MoreThe Emerald House, a Curio Collection by Hilton, Opens it’s Doors in the Heart of Lisbon
Main Photo: The first Curio by Hilton hotel in Lisbon Date: February 2022 Name: The Emerald House Lisbon Curio Collection by Hilton Location: Santos, overlooking the River Tagus, Lisbon, Portugal Number of Keys: 67 Seller: The building has been under construction work since 2017 and was due to open in 2019 Buyer: Goldenflamingo LDA, owners/operators…
Read MoreSix-Storey Four-Star Lifestyle Hotel The Alan Opens in Manchester, England
Main Photo: The bedroom style at this new hotel Date: February 2022 Name: The Alan Location: Princess Street, Manchester, England, UK Number of Keys: 137 Seller: TBA Buyer: Aspen Hotels, headed up by Amardeep Alan Singh Chima; On the Klarent Hospitality platform, part of the new venture formed by Henderson Park, following their acquistion of…
Read MoreCheval Collection to Launch First MY Locanda Site in Glasgow
Main Photo: The apartment style of Cheval’s new brand Date: February 2022 Name: MY Locanda Glasgow – opening 2024 Location: George Square, Glasgow, Scotland, UK Number of Keys: 168 Seller: TBA Buyer: Chris Stewart Group in a JV with Cheval Collection Dubai-owned Cheval Collection, a group of very upmarket serviced apartments with properties across London…
Read MoreNew 150-Key Hotel and/or Aparthotel Development Property Available For Sale in the Heart of Porto, Portugal
Location: Rua de Sá da Bandeira, Porto, Portugal – 15 minutes walk to the Dom Luís I Bridge on the Douro River Name: Currently the Palácio do Comércio – Open to new buyer Guide Price: €41m as is….budget to open €25-30m Guide Price per Key: Once open …€470k No. of Keys: The current plan is…
Read MoreBlackstone’s Bourne Leisure’s Warner Hotels Acquires 180-Key The Runnymede Hotel, Egham
Main Photo: The Lounge at the Runnymede Hotel Date: February 2022 Name: The Runnymede on Thames Hotel & Spa Location: Egham, Surrey – Close to Heathrow Airport Number of Keys: 180 Seller: Family-owned Ralph Trustees, owned by Stuart and Daniel Levy Buyer: Bourne Leisure, under the Warner Leisure Hotels brand – their 16th adults-only hotel,…
Read MoreAccor to Open Dual Branded Hotel in 2025 on the Black Sea Coast
Main Photo: The area where the new dual-brand hotels will be; photo image courtesy Google Maps Date: February 2022 Names: Mövenpick Resort & Spa Agoi and Mercure Agoi Resort – opening 2025 Location: The resort village Agoi, northwest of Tuapse, Black Sea, Russia Number of Keys: 120 Movenpick and 160 Mercure – 280 rooms and…
Read MoreMarriott Debuts W Brand in Rome
Main Photo: The Lounge Bar at the W Rome Date: December 2021 Name: W Rome Location: Via Liguria, Spanish Steps, Rome, Italy Number of Keys: 162, including 15 suites Seller: The new hotel spans two adjacent 19th-century buildings on Via Liguria Buyer: W Rome is owned by King Street Capital Management, a global alternative investment…
Read MoreReliance of India Buys NY Luxury Mandarin Oriental Hotel for $98.15m for 73.37%
Main Photo: The Mandarin Oriental NY Date: February 2022 Name: Mandarin Oriental, New York Location: Columbus Circle, Central Park, New York, NY, USA Number of Keys: 248 rooms incl 46 suites, plus Residences, serviced by the hotel Seller: Cayman Islands-based Columbus Centre Corp (Cayman)…The hotel was acquired for $340m in 2007, by Dubai’s Istithmar, owner…
Read MoreAprirose acquires Selsdon Park hotel from De Vere
Main Photo: The Selsdon Park Hotel Date: February 2022 Name: Selsdon Park Hotel Location: Sanderstead, Croydon, Surrey, England, UK Number of Keys: 150 Seller: De Vere Hotels, who acquired the hotel from the Sanderson family in 1997, who in turn created the hotel in 1924 from being a 205 acre residential estate Buyer: Aprirose, a…
Read MoreUnion Investment Brings Radisson Blu Hotel Brand to Barcelona for €75m
Main Photo: The Hotel Barcelona 1882 – to become a Radisson Blu Hotel Date: February 2022 Name: Radisson Blu Barcelona Sagrada Familia Location: Sagrada Familia, Barcelona, Spain Number of Keys: 182 Seller: Partners Group, a leading global private markets firm, acting on behalf of its clients. The hotel was managed by Izaka Hotel Management, and…
Read MoreEngel & Völkers Acquires 7Pines Resort in Ibiza from 12.18 for €130m
Main Photo: The 7Pines Resort Date: February 2022 Name: 7Pines Resort Ibiza Location: Between Platges de Comte and Cala Codolar, Ibiza, Spain Number of Keys: 185 Seller: German investment firm 12.18 Buyer: Engel & Volkers Asset Management The high-end real estate agency Engel & Völkers has purchased the five-star hotel Seven Pines Resort Ibiza for €130 million. The…
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