Posts by Dev Anand
Hastings Hotels Sell Slieve Donard Resort and Spa to American AJ Capital Partners
Main Photo: The Slieve Donard Resort, one of seven hotels owned by Hasting Hotels Date: October 2021 Name: Slieve Donard Resort & Spa Location: Newcastle, Co. Down, Northern Ireland, UK Number of Keys: Seller: Hastings Hotels, owned by the Hastings family since 1972 Buyer: AJ Capital Partners who operate over 40 hotels in the US and…
Read MoreAccor and Edamah Introduce Mantis Brand to the Middle East with Mantis Bahrain Hawar Island
Main Photo: The proposed Mantis Bahrain Hawar Island Hotel & Resort Date: October 2021 Name: Mantis Bahrain Hawar Island Hotel & Resort – opening 2024 Location: Hawar Isalnd, Bahrain Number of Keys: 72 Seller: TBA Buyer: Edamah – the Bahrain Real Estate Investment Company Accor, the world-leading augmented hospitality group with over 400 hotels across…
Read MoreHenderson Park Acquire 12-Strong UK Hilton Portfolio From Amaris Hospitality/LRC
Main Photo: Hilton Edinburgh Carlton Date: October 2021 Name: Under three Hilton brands – Hilton Hotels & Resorts; Hilton Garden Inn; and DoubleTree by Hilton Locations: London – Chelsea & Islington, Bristol North, Coventry, Dartford Bridge, Edinburgh – Central and Airport, Newbury, Southampton, Strathclyde – all UK and Dublin, Ireland Number of Keys: 2,424 Seller:…
Read MoreIHG Opens New Holiday Inn At Paris CDG Airport With HPVA Hotels
Main Photo: The new Holiday Inn Paris – CDG Date: October 2021 Name: The Holiday Inn Paris – CDG Airport Location: 10 minutes shuttle ride from Paris Charles de Gaulle International Airport Number of Keys: 250 Seller: TBA Buyer: HPVA Hotels Group, operating since 2013, with 20 hotels owned, developed and under management, with four…
Read MoreBenchmark Global Hospitality and Pyramid Hotel Group Merge
Main Photo: The Costa d’Este Beach Resort Florida – a Benchmark Gemstone Property Date: October 2021 Name: Benchmark Pyramid Location: USA HQ – Global Number of Keys: 210 hotels – annual operating revenue under management of more than $3 billion The Two Parties: The two hotel and resort management companies are joining forces to create…
Read MoreKasada to Acquire 414-key Safari Hotels & Conference Centre, the Largest Hospitality Complex in Namibia
Main Photo: The Safari Court Hotel, to become a Moevenpick Date: October 2021 Name: The Safari Hotels & Conference Centre Location: Windhoek, Namibia Number of Keys: 414 Seller: Windhoek Safari Hotels, established in 1966. The hotel complex has been pivotal in Windhoek’s evolution as a MICE destination and was associated with notable events leading up…
Read MoreCasa Cook Samos to Open 2022 in Greek Islands
Main Photo: The new Casa Cook Samos – imagined Date: October 2021 Name: Casa Cook Samos – opening May 2022 Location: Samos, North Eastern Aegean Sea, Greece Number of Keys: 128 Owner: Velos Tourism Casa Cook has announced that its latest boutique hotel will open on the Greek island of Samos in May 2022, in…
Read MoreMarriott to Debut First W Hotel in Tuscany to Open 2023
Main Photo: The bedroom style at the W Hotel Date: October 2021 Name: W Florence Location: Via de’Tornabuoni, Florence, Tuscany, Italy Number of Keys: 120 Buyer: Progetto Majestic S.r.l. Seller: The site was shared between a bank and a hotel company, but has been vacant since the early 2000’s Marriott International announced it has signed an…
Read MoreRitz Plans £300m Basement Spa to Compete With the World’s Elite Hotels
Main Photo: The Ritz Restaurant Terrace Date: October 2021 Name: The Ritz Location: Piccadilly, London, England UK Number of Keys: 53 new rooms, to take it to 191 Owner: Qatari Abdulhadi Mana Al-Hajri The Ritz is to become the latest luxury London hotel to dig out an “iceberg” basement to provide more five-star pampering for their guests. The Piccadilly landmark,…
Read MoreProtected: 84 Key Four-Star Hotel in Rome For Sale
There is no excerpt because this is a protected post.
Read MoreLondon-Focused Z Hotels Offers Test of Industry Recovery With £440m Sale
Location: 14 Hotels Mainly London, With Bath, Glasgow and Liverpool Name: Z Hotels Guide Price: £440m No. of Keys: 1,667 The Opportunity: Z Hotels has hired Knight Frank and Avison Young to find a buyer for a portfolio of sites in Covent Garden, Soho and Victoria in a test of the sector’s post-pandemic prospects, according…
Read MoreAccor Close On The Merger With Ennismore To Create Global Lifestyle Hotel Company Under The Ennismore Name
Main Photo: The Gleneagles Hotel, the flagship in the Ennismore group Date: November 2020 – updated October 2021 Locations: Europe/Global Names: 14 Brands: Mondrian, Delano, SLS, Hyde, Mama Shelter, SO/, 21c Museum, TRIBE and 25hours…from Accor; Gleneagles, Hoxton and Ennismore
Read MoreCastleforge Acquires Edinburgh Crowne Plaza Hotel
Main Photo: The Crowne Plaza Edinburgh Date: October 2021 Name: Crowne Plaza Hotel – Royal Terrace, an IHG Hotel Location: Royal Terrace, Edinburgh, Scotland, UK Number of Keys: 97 Seller: A “High Net Worth” Investor, who acquired the hotel from Alix Partners, receivers for Fontenhall Scotland Ltd, who went Into administration in 2016 Buyer: Castleforge…
Read MoreNew Boutique Hotel in Arlington, Texas Will Come With It’s Own Golf Range in 2023
Main Photo: RiverPark Arlington – imagined Date: October 2021 Name: RiverPark Arlington – to open 2023 Location: North Arlington, Texas, USA Number of Keys: 87 Seller: TBA Buyer: Galante Hospitality Group A unique hotel with a golf range attached is coming to Arlington. Called the RiverPark Arlington, it’ll be a boutique hotel designed for those seeking…
Read MoreEuropean Hotels to Resume Long-Term Trend of Strong Annual Growth, Says New Study by Invesco
Date: October 2021 Location: Europe Main Photo: Rooftop dining at the Tivoli Avenida, Lisbon – acquired by Invesco in 2019 What did they say: The European hotels sector will resume its long-term trend of strong annual growth as the market recovers from the impact of Covid-19, according to a new study by Invesco Real Estate. As…
Read MoreBeachfront 300 Key Five-Star Resort Hotel Phuket For Sale
Location: Kalim Bay, 1km From Patong Beach, Phuket, Thailand Name: TBA Guide Price: THB 2.5bn – Around US$75m No. of Keys: 300 The Opportunity: This contemporary 300 room with elegant accommodations, located on the hillside, in a collection of modern urban buildings, all offering easy access to three swimming pools and refreshments – three restaurants…
Read MoreStarwood Capital Acquires The Comfort Hotel Vesterbro in Copenhagen, Denmark Petter Stordalen’s Strawberry Forever for €82 million
Main Photo: The Three-Star Comfort Hotel Vesterbro Date: September 2021 Name: Currently The Comfort Hotel Vesterbro, Copenhagen – to be renamed? Location: Central Copenhagen, Denmark Number of Keys: 399 Seller: Strawberry Forever Buyer: Starwood Capital Starwood Capital has bought the Comfort Hotel Vesterbro in Copenhagen from Norwegian-owned real estate company Strawberry Forever for €82m. The…
Read MoreIkos To Open Second Spanish Resort After Mallorca Acquisition Of Blau Porto Petro For €110m
Main Photo: The View From The Hotel Date: September 2021 Name: Blau Porto Petro – to re-open April 2023 to rebranded Ikos Porto Petro Location: Mallorca, Spain Number of Keys: 319 Seller: Roxa Group, who remain a minority partner Buyer: Ikos Resorts Ikos Resorts, the Greece-based all-inclusive hotel group, reportedly acquired the 319-key Blau Porto…
Read MorePan Pacific Hotels Group Opens Long-Awaited New London in the Heart of London City
Main Photo: The New 43 Storey Flagship Pan Pacific London Date: September 2021 Name: Pan Pacific London Location: One Bishopsgate Plaza, City of London, England, UK Number of Keys: 237 Including 42 Suites Seller: The Site Was the Historical 144-year old Devonshire House Buyer: Pan Pacific’s Parent Company – UOL Group Ltd Pan Pacific Hotels…
Read MoreHow To Grab The Corporate Market Post-Covid – ISO 31030
Date: September 2021 Location: UK…and Global Who: Global Secure Accreditation Related Posts Pro-Invest Group Launches Distressed Hospitality Fund to Capitalise on the Opportunity Created by COVID-19
Read More