Recent Deals
LXi and Secure Income Agree Merger To Hold 346 Properties – Travelodge & Merlin Entertainments Valued at £3.9bn
Main Photo: The Travelodge Swindon, one of some 150 Travelodge hotels under the new merged REIT Date: May 2022 Names: LXi Reit (LXI) and Secure Income REIT (SIR) Location: Mainly UK Number of Keys: TBA LXi Reit (LXI) and Secure Income Reit (SIR) have agreed to merge in a deal which would create a real…
Read MoreHilton Plans to More Than Double Lifestyle Portfolio Over Next Decade
Main Photo: The new Motto by Hilton Sao Paolo Ibirapuera – imagined Date: May 2022 Names: Hilton – brands such as Canopy by Hilton, Tempo by Hilton and Motto by Hilton hotels Locations: Global Number of Keys: TBA Buyers: Various The pipeline of properties in Hilton’s lifestyle category is expected to more than double over…
Read MoreYOTEL To Open Lisbon World Trade Centre in 2024
Main Photo: The new YOTEL Lisbon WTC to open 2024 Date: May 2022 Name: YOTEL Lisbon WTC – opening 2024 Location: World Trade Centre Lisbon, Monsanto, outside of Lisbon towards Cascais, Portugal Number of Keys: 127 Seller: TBA Buyer: The new property will form part of the Foz Vintage Group’s spectacular World Trade Center development…
Read MoreWyndham to Launch Extended-Stay Economy Brand
Main Photo: The look and feel of the new Wyndham brand, as yet unnamed Date: May 2022 Name: TBA Location: Global Number of Keys: TBA Owner: As usual individual franchise partners Brand Owner: Wyndham Hotels & Resorts Wyndham Hotels & Resorts is on track to launch it’s first extended-stay brand for the economy segment later this…
Read MoreBNP Paribas Buys Club Med Alpe d’Huez
Main Photo: The Club Med Alpe d’Huez Date: May 2022 Name: Club Med Alpe d’Huez Location: French Alps, Huez, Grands Rousses Massif, Isere, France at 1,860 metres Number of Keys: 442 Seller: Lagune, an investment vehicle managed by Luxembourg-based Batipart, created by Charles Ruggieri in 1988 Buyer: BNP Paribas, the asset will sit in its…
Read MoreMarriott International Signs Agreement to Debut JW Marriott Brand in Tokyo in 2025
Main Photo: A rendering of what the new hotel’s bedrooms will look like Date: May 2022 Name: JW Marriott Hotel Tokyo – to open 2025 Location: Between Shinagawa and Tamachi Stations, as part of JR East’s extensive redevelopment project of the former JR Shinagawa Depot Railway Yard, Tokyo, Japan Number of Keys: 200 rooms and…
Read MoreAccor Adds Legendary Queen Elizabeth 2 To It’s Dubai Portfolio
Main Photo: The most famous ship on the water – The Queen Elizabeth 2 – QE2, iamgined after the refit Date: May 2022 Name: Queen Elizabeth 2 to become branded under Accor’s MGallery Hotel Collection – MGallery Queen Elizabeth 2 Location: Port Rashid, Dubai, UAE Number of Keys: 447 Owner: The Ports, Customs and Free…
Read MoreIreland’s Press Up Group to Open The Dean Birmingham in the Former Central Methodist Hall, Birmingham
Main Photo: The new Dean Hotel – imagined Date: May 2022 Name: Currently the Central Methodist Hall – to be rebranded The Dean Birmingham Location: Corporation Street, Birmingham, England, UK Number of Keys: 150 Seller: The property was in Administration – originally built by local architects in 1904…run by the Methodist Church until 1991…put on…
Read MoreNavika Group Acquires Andaz Wall Street, New York – January 2022, For $84.7m From Hakimian Organization
Main Photo: The newly rebranded Hyatt Centric Wall Street Date: May 2022 Name: Was The Andaz Wall Street – to be rebranded Hyatt Centric Wall Street New York – Reopened January 2022 Location: Wall Street, Financial District, New York, NY, USA Number of Keys: 253 Seller: Hakimian Organization Buyer: Navika Group, with a portfolio of…
Read MoreIf You Can’t Build A Resort On The Moon, Bring the MOON To Earth!
Main Photo: An image of what The Moon Resort (one of them) might look like! Date: May 2022 Name: MOON Locations: Looking to licence four locations on Earth – The Middle East (Gulf), Asia, Europe and North America Number of Keys: 4,000 suites per location Licensor: Moon World Resorts Inc Licensee: Looking for Licensees to…
Read Morevoco Bonnington Dubai Opens January 2022 in Jumeirah Lake Towers – 2nd voco in Dubai
Main Photo: The voco Bonnington Dubai Date: May 2022 – hotel openedin January 2022 Name: voco Bonnington Dubai Location: Jumeirah Lakes Towers, near Dubai Marina, Dubai, UAE Number of Keys: 208 Seller: Was The Bonnington Hotel Dubai – built in 2008 as hotel and 271 apartments, owned by The McGettigan Group Buyer: Bonnington Hospitality JLT…
Read MoreTurkey-Based The Stay Hotels Announces New Opening in Istanbul
Main Photo: The new Stay Hotel in Istanbul, Turkey, ready to open in June 2022 – imagined Date: May 2022 Name: The Stay Boulevard Nisantasi – Opening June 2022 Location: The Fashion Quarter, Istanbul, Turkey Number of Keys: 82 Seller: TBA Buyer: The Stay Hotels Group Design-focused hotel group The Stay Hotels has announced a new property in…
Read MoreThe Raleigh, an Original Miami Icon, Will Reopen as a Rosewood
Main Photo: The new Raleigh Miami – imagined Date: May 2022 Name: The Raleigh – reopening 2025 Location: Miami Beach, Florida, USA Number of Keys: 60 plus 44 Residences Seller: Tommy Hilfiger group sold The Raleigh Hotel in 2019 to Michael Shvo and partners for $103M. They had paid $67.5 million for the property in 2014 and…
Read MoreVertell AM – New Player On European Hotel Development Market – Led by Romain Semmel and Thibault Catala
Main Photo: Arenas Resort Altein, one of the four hotels acquired by Vertell AM in 2021 Date: May 2022 Names: Vertell AM – The four Arenas Resorts: Schweizerhof Sils-Maria, Altein Arosa, Victoria Lauberhorn Wengen and Valaisia Crans Montana Location: They acquired a portfolio of four properties in Switzerland in mid-2021 in a joint venture with…
Read MoreAdvent International and GHL Hotels Form Partnership to Accelerate GHL’s Growth in Latin America
Main Photo: The GLH Relax Hotel Sunrise, one of the 55 hotels in LatAm Date: May 2022 Name: Advent International and GHL Hotels Location: Latin America Number of Keys: 7,000 currently Hotel Partner: GLH Hotels, the largest third-party hotel operator in the Andean region and Central America. It began operations in 1964 with five hotels…
Read MoreHilton to Make Plymouth Debut With Hilton Garden Inn brand
Main Photo: The new Hilton Garden Inn Plymouth – imagined Date: May 2022 Name: Hilton Garden Inn Plymouth – Opening 2024 Location: Plymouth Hoe, Plymouth, England, UK Number of Keys: 150 Seller: TBA Buyer: Propiteer Hotels Hilton has announced plans to open six hotels under it’s focused service brands in Germany, Italy, the UK and…
Read MoreZeal Hotels Submits Planning For Sustainable Hotel In Exter, UK…The First Of Many
Main Photo: The proposed new Zeal Hotel in Exeter Date: May 2022 Name: Zeal Hotels Locations: Initially Exeter, England, UK – more to come around the UK Number of Keys: 142 Seller: TBA Buyer: Zeal Hotels Zeal Hotels has submitted plans to East Devon District Council to develop a sustainable hotel at Exeter Science Park under…
Read MoreLaSalle and NUMA Group Launch €500m Pan-European Urban Hotel Portfolio Strategy
Main Photo: The NUMA Sketch apartments in Berlin Date: May 2022 Name: LaSalle & NUMA Group Location: Europe Number of Keys: TBA LaSalle Investment Management is launching a €500m pan-European urban hotel aggregation strategy via a strategic partnership with NUMA Group, a leading European technology-driven alternative accommodation operator. The strategic partnership, forming part of LaSalle’s…
Read MoreCycas Announce Three Deals Across Europe – Copenhagen, London and Le Havre
Main Photo: The ibis Styles Copenhagen Orestad Date: May 2022 Names: ibis Styles Copenhagen Ørestad (opening December 2022), The 55 by Le Mirage (opening July 2022) and Moxy Le Havre (opening end 2024) Locations: Orestad neighbourhood Copenhagen, Denmark; Bayswater, London, England, UK and Le Havre, France Number of Keys: 186, 55 and 86 Sellers: TBA Buyers:…
Read MorePullman Paris Montparnasse Re-Opens After 4-Year Renovation
Main Photo: The view of Paris from the 32nd floor skybar! Photo credit: Arnaud Laplanche Date: April 2022 Name: Pullman Paris Montparnasse Location: Montparnasse, Paris, France Number of Keys: 957 Owner: The hotel started life as part of the Nova-Park chain, which went bankrupt in the late 1990s, and the hotel became Le Meridien Montparnasse…
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