Bill Gates To Buy $2.2 billion stake In Four Seasons Hotels and Resorts

Main Photo: Four Seasons Hotel Tunis Date: September 2021 Name: Four Seasons Hotels and Resorts Location: 121 hotels and resorts, and 46 residential properties in 47 countries Number of Keys: TBA Seller: Kingdom Holding Company Buyer: Cascade Investment, a Company Controlled by Bill Gates An affiliate of Cascade Investment, a company controlled by Bill Gates,…

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Santander offloads debt of 13 Spanish Luxury hotels to Bybrook for €136m

Main Photo: The world-famous La Manga Club Date: September 2021 Name: 13 Grupo Hesperia Properties Location: Spain, Europe Number of Keys: TBA Seller: Banco Santander Buyer: Bybrook Capital Banco Santander SA has sold loans valued at €136 million, which were granted on 13 of Spanish hotel company Grupo Hesperia’s properties, to London-based fund manager Bybrook…

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Wellbrook Hospitality And Branco Capital Open Leven Hotel In Manchester

Main Photo: Leven Manchester Date: September 2021 Name: Leven Manchester Location: Manchester, England, UK Number of Keys: 42 Seller: Formerly an early 20th-century warehouse Buyer: Wellbrook Hospitality and Branco Capital Wellbrook Hospitality and brothers Joshua and Ben Senior’s investment vehicle Branco Capital have joined forces to open the Leven hotel in Manchester in October. Wellbrook…

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Prodea Investments Acquires Hilton Garden Inn Malpensa From Aquileia Capital

Main Photo: The Hilton Garden Inn, Malpensa Date: September 2021 Name: Hilton Garden Inn Location: Malpensa, Milan, Italy Number of Keys: 207 Seller: Aquileia Capital Services, subsidiary of Bain Capital Credit Buyer: Prodea Investments Listed Greek real estate firm Prodea Investments has acquired the 207-room Hilton Garden Inn Malpensa outside of Milan, Italy from Aquileia…

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Credito Agricola Acquires Porto Palacio in Porto from Sonae Capital For €62.5m

Main Photo: The View From The Porto Palacio Restaurant Date: September 2021 Name: Porto Palacio Congress Hotel & Spa Location: Porto, Portugal Number of Keys: 251 Seller: Sonae Capital Buyer: Credito Agricola Portuguese bank Credito Agricola has acquired a building complex in Porto, Portugal’s second largest city, which includes the 251-room Porto Palacio Congress Hotel…

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Union Investment Acquires Wilde Aparthotel Development in London For £51.8m

Main Photo: The Public Area at the New Wilde Aparthotel Date: September 2021 Name: Wilde Aparthotel by Staycity – Aldgate Tower Bridge Location: Whitechapel, London, England, UK – Opening November 2021 Number of Keys: 156 Seller: Regal London Buyer: Union Investment German institutional investor Union Investment has announced the acquisition of the 156-room Wilde Aparthotel…

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RLJ Lodging Trust to Acquire Hampton Inn & Suites Atlanta Midtown For $58m

Main Photo: Hampton Inn & Suites Atlanta Midtown Date: September 2021 Name: Hampton Inn & Suites Atlanta Midtown Location: Atlanta, Georgia, USA Number of Keys: 186 Seller: Atlanta-Based North Point Hospitality Developed the Project Buyer: RLJ Lodging Trust RLJ Lodging Trust is under contract to acquire the fee simple interest in the 186-room Hampton Inn…

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RLH Acquires Bless Hotel Madrid For €115m

Main Photo: The Rooftop Pool at the Bless Hotel Madrid Date: September 2021 Name: Bless Hotel Madrid Location: Madrid, Spain Number of Keys: 111 Seller: Grupo Didra and Aina Hospitality Buyer: RLH Properties Listed Mexican real estate firm RLH Properties has acquired the 111-room, 27 of which are suites, Bless Hotel Madrid from Raphael Ardid’s…

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DiamondRock Acquires Two Hotels Combined Price of $108.6 Million

Main Photo: The Impressive Looking Bourbon Orleans Hotel Date: September 2021 Name: Bourbon Orleans Hotel & Henderson Park Inn Location: New Orleans, Louisiana and Emerald Coast, Florida, USA Number of Keys: 257 Seller: Bourbon Orleans – The New Orleans Hotel Collection – J Collection, a group of seven hotels in the New Orleans region owned…

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