Posts by Dev Anand
RBH Announces Strategic Alliance With Australian Gatehouse Hospitality
Main Photo: The Westin London City, a recent addition to the RBH stable Date: July 2022 Names: RBH and Gatehouse Hospitality Locations: UK & Asia-Pacific – Gatehouse currently manages properties in Queensland, Western Australia and Victoria, Australia and has a strong pipeline of new build projects Number of Keys: RBH: 5,700; Gatehouse: TBA Partners: RBH,…
Read MoreMinor Hotels Add Second Anantara Hotel In Portugal – Alentejo
Main Photo: The lobby at the new hotel – envisaged Date: July 2022 Name: Anantara Royal Vila Viçosa – to open 2024 Location: Vila Vicosa, Alentejo, Portugal Number of Keys: 60 rooms and suites and 16 residences Seller: The building is a former 15th centurey monastery in Vila Viçosa Buyer: A strategic partnership between the…
Read MoreThe Hotel Indigo Birmingham Sold to The Caskade Group Off Listed Price of £12.5m
Main Photo: The Hotel Indigo, designed by Make, who were involved in The Gherkin in London Date: July 2022 Name: The Hotel Indigo Birmingham, to be renamed The Cube Hotel Location: The Cube, Central Birmingham, England, UK Number of Keys: 52 Seller: The hotel opened in 2011, under the banner of Sanguine Hospitality, followed shortly…
Read MoreCapitaLand’s Ascott Acquires Oakwood Worldwide To Fast-Track Growth To Over 150,000 Units Globally
Main Photo: Oakwood Premier Melbourne, Australia Date: July 2022 Name: The Ascott Limited and Oakwood Worldwide Locations: It will add new markets which include Cheongju in South Korea; Zhangjiakou and Qingdao in China; Dhaka in Bangladesh as well as Washington D.C. in the USA Number of Keys: The acquisition increases Ascott’s global portfolio by 81…
Read MoreBanyan Tree Group Debuts in Japan with Five Upcoming Properties
Main Photo: The Rikyu Suite at the newly opened Garrya Nijo Castle, Kyoto Date: July 2022 Name: Banyan Tree Higashiyama – opening 2024, Banyan Tree Ashinoko Hakone – opening 2026, Cassia Hirafu – opening 2025, Dhawa Yura Kyoto – opened 2022 and Garrya Nijo Castle Kyoto – opened 2022 Locations: Kyoto, Lake Ashino and Niseko Number…
Read MoreInterGlobe Appoints Cycas As It’s European Operating Partner
Main Photo: The Hotel Reichshof Hotel, outside of the K+K brand, included in the deal Date: July 2022 Name: InterGlobe Enterprises and Cycas Hospitality with K+K Hotel Portfolio Locations: This deal: Hamburg, Paris, Barcelona, London, Vienna, Prague, Munich, Budapest and Bucharest. Number of Keys: K+K – 1,200 plus 278 at Hotel Reichshof Hamburg Owner: InterGlobe…
Read MoreSaudi Tourism Fund Signs Pact With Spain’s Melia to Set Up Three Hotel Projects, With US$266.5m Investment
Main Photo: The Gran Melia de Mar, Mallorca Date: July 2022 Name: Tourist Development Fund (TDF) and Melia Hotels International Locations: Riyadh, Jeddah and the Eastern Province, Saudi Arabia Number of Keys: TBA Funder: Tourism Development Fund Manager: Melia Hotels International, owner and operator of 350 hotels in 40 countries, with eight brands The Tourism…
Read MoreA Prime Landmark Hotel Development Opportunity Within the UNESCO Boyne Valley Co. Louth, Ireland…Update
Location: Drogheda, Co. Louth, Ireland 55 km North of Dublin…120 km South of Belfast Name: Open to new owner …Currently it is a Pig Farm.. Little Grange Farm Guide Price: €1.5m as is….new price Guide Price per Key: TBA No. of Keys: Would make 150 rooms/lodges The Opportunity: This 11 acre site, which has been…
Read MoreReuben Brothers Step In Fully on Admiralty Arch Hotel Development, London to See An Opening Date of 2023/24, With Waldorf Astoria Brand
Main Photo: The much delayed Admiralty Arch Hotel. Photo Credit: Archer Humphreys Date: June 2022 Name: Admiralty Arch Waldorf Astoria (we’re guessing) Location: Admiralty Arch, The Mall/Trafalgar Square, London, England, UK Number of Keys: 100+ with residences and a members’ club Seller: Prime Investors Capital (PIC), a vehicle headed by Rafael Serrano, has owned Admiralty Arch…
Read More90-Key Radisson Hotel Istanbul, Harbiye Opens
Main Photo: The exterior shot of this new Radisson hotel Date: June 2022 Name: Radisson Hotel Istanbul, Harbiye Location: Close to Taksim Square, Istanbul, Turkey Number of Keys: 90 rooms and suites Seller: TBA Buyer: TBA Radisson Hotel Group has announced the opening of Radisson Hotel Istanbul, Harbiye, located in the heart of Istanbul near…
Read MoreBest Western Launches Sadie Brand In The UK, Finally
Main Photo: The Sadie Luton Date: June 2022 Name: The Sadie Luton – Opens July 2022 Location: Mill Street, Luton, Bedforshire, England, UK Number of Keys: 87 Seller: The site was a former 1960’s office building Buyer: Ali Mussani, owner of Centro Hotels Best Western’s newest hotel brand Sadie will welcome its first guests on…
Read MoreScottish Boutique Hotel Operator Manorview Group Adds 11th Venue With the Acquisition of Bothwell Bridge Hotel in South Lanarkshire, Scotland
Main Photo: The Bothwell Bridge Hotel Date: June 2022 Name: Bothwell Bridge Hotel Location: Bothwell, South Lanarkshire, Scotland, UK Number of Keys: 90 Seller: The hotel was known as The Clyde Hotel, with the building dating back to the early 19th century. The Martalo family purchased the hotel in 1980 Buyer: Manorview Group, headed up by…
Read MoreLiverpool City Council To Open Flagship Novotel Liverpool Paddington Village Hotel, At A Cost Of £43m, To Be Managed by Legacy Hotels & Resorts
Main Photo: The new Novotel Liverpool, billed as the tallest hotel in the city. Photo Credit: Liverpool Echo Date: June 2022 Name: Novotel Liverpool Paddington Village – opening July 2022 Location: Paddington Village Development, Liverpool, Merseyside, England, UK Number of Keys: 221, including the 39 long-stay apartments Seller: TBA Buyer: Liverpool City Council Legacy Hotels…
Read MoreSustainable Investment Opportunity For Stunning Green Hotel/Villa Hospitality Development Business in Bali, Indonesia
Location: The Aura House, their first project is at Ayung River gorge, 30 minutes South of Ubud, Bali, Indonesia. The company’s offices are in Singapore Name: Guadua Pte, owners of Aura House Balia with plans for much more Guide Price: Investment Required: US$5m – $10m To Develop: Hospitality / Villas Ownership : Ownership of 6…
Read MoreAviva Investors Buys Pre-Let Premier Inn Dublin Docklands
Main Photo: The new Premier Inn in Dublin Date: June 2022 Name: Premier Inn Dublin South Docklands – opening end 2022/early 2023 Location: Gloucester Street/Princes Street South, Close to Trinity College, Dublin 2, Ireland Number of Keys: 113 Seller: The site was a warehouse acquired by the developer – Red Rock Developments Buyer: Aviva Investors…
Read MoreBoscalt Hospitality Acquire 100-Key Hotel Majestic Rome
Main Photo: The Hotel Majestic Rome terrace dining, a Grande-Dame property Date: June 2022 Name: Hotel Majestic Location: Via Vittorio Veneto, Rome, Italy Number of Keys: 100…to refurb as 83 rooms and suites Seller: We believe the hotel is/was owned by EGA Esercizio Grandi Alberghi Srl, founded in 1921. Buyer: Boscalt Hospitality Edmond de Rothschild‘s…
Read MoreCycas Hospitality Add Bankside Hotel, London To Their Management Portfolio, After Sale to Vertiq Capital
Main Photo: The stylish, art-led hotel in London’s Bankside Date: June 2022 Name: Bankside Hotel, An Autograph Collection Hotel Location: Bankside, close to Waterloo station, London, England, UK Number of Keys: 161 Seller: An affiliate of the Realstar group of companies and it’s joint venture partner Amerimar Enterprises Buyer: Vertiq Capital, a Private Equity company,…
Read MoreGIC and APG Acquire a Substantial Stake in The Student Hotel From Aermont Capital, Valuing the Company at €2.1 billion
Main Photo: The Student Hotel Amsterdam City, one of two hotels there Date: June 2022 Name: The Student Hotel Locations: In Europe currently… two hotels each in Amsterdam and Barcelona and one in each of Berlin, The Hague, Delft, Vienna, Groningen, Eindhoven, Maastricht, Rotterdam, Paris, Florence and Bologna. Three opening this year in Madrid, a third…
Read MoreInvesco Adds Three Hotel Assets to European Hotel Programme for €100m
Main Photo: The reception area at the five-star Vincci Seleccion hotel Date: June 2022 Names: Holiday Inn Express, The Hague – Parliament; Hotel Occidental 1929, Barcelona and Vincci Selección, Malaga Locations: As above – Netherlands and Spain Number of Keys: HIE Hague – 123; Hotel Occidental 1929 – 152; Vincci Seleccion – 106 – Total:…
Read MoreAustralian Fund Manager Pro-Invest Tests Market With AUD$1b Holiday Inn Express Portfolio
Locations: Sydney, Melbourne, Adelaide, Brisbane in Australia and Newcastle in Queenstown, New Zealand Name: Holiday Inn Express Guide Price: AUD$1bn Guide Price per Key: AUD$500k No. of Keys: Around 2,000 The Opportunity: Fund manager Pro-invest is looking to cash in on resurgent institutional investor demand for income-producing accommodation assets after putting a $1 billion portfolio…
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