Pictet Buys Kimpton Hotel in Mallorca

Main Photo: The Kimpton Hotel, Mallorca Date: March 2022 Name: Kimpton Aysla Mallorca – to open mid-2022 Location: Calvia, Mallorca, Spain Number of Keys: 79 suites Seller: A Pictet related company Buyer: Swiss-based Pictet Alternative Advisors, currently invested in over 950 properties across the globe, through funds and co-investment deals, and manage USD 3.3bn of…

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Covivio Sells Club Med Resort for €125m

Main Photo: Club Med Grand Massif Date: March 2022 Name: Club Med Grand Massif Samoëns Location: Samoens, France Number of Keys: 420 Seller: Covivio Buyer: Perial Asset Management Covivio has sold the Club Med Grand Massif in Samoëns, France for €125 million to Perial Asset Management. The hotel has been operating since its opening by Club Med…

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Changzhou Marco Polo Hotel Sold for RMB402 Million – Around US$63m

Main Photo: The Marco Polo Changzhou Date: March 2022 Name: Marco Polo Changzhou Location: Xinbei High-Tech Development Zone, 3 km from the central business district in Changzhou, China Number of Keys: 302 Seller: Hong Kong-based Cheer Sky Investment Limited, a wholly-owned subsidiary of Hong Kong-based Harbour Centre Development Limited, has sold the entire equity interest…

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Accor Looking To Open More Than 300 Properties By End 2022

Main Photo: The dual-brand Raffles & Fairmont Doha Date: March 2022 Names: Accor with some 35 brands! Locations: Global Number of Keys: Opened 41,000 in 2021…Looking to open more in 2022 Accor, a global hospitality leader, has shared a summary of its 2021 development activities and growth outlook for 2022 and beyond.  Overall, Accor opened…

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LyvInn Acquires Frankfurt Hotel

Main Photo: Frankfurt, Germany [Credit: Stefan Elvis-Stiuca on Unsplash] Date: March 2022 Name: LyvInn Frankfurt Location: Gallus, Frankfurt, Germany Number of Keys: 164 Seller: TBA Buyer: Blantyre Capital Blantyre Capital Limited has agreed to acquire a 164-room hotel in Frankfurt to be operated under the LyvInn brand. No purchase price was given for the transaction.…

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Zetland Capital Acquires the Lindian Village Hotel Real Estate Properties in Rhodes, Greece

Main Photo: Date: March 2022 Name: Lindian Village Location: Lindos Acropolis, Rhodes, Greece Number of Keys: 188 Seller: Svyriadis SA, a Greek family-owned hospitality conglomerate Buyer: Zetland Capital, a private equity firm based in London Zetland Capital Partners LLP, a London based private equity firm today announced that funds under its management have acquired the…

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Hilton to Open Hilton Garden Inn Brisbane City Centre North in 2024

Main Photo: Hilton Garden Inn Date: March 2022 Name: Hilton Garden Inn Brisbane City Centre North – opening 2024 Location: Brisbane, Queensland, Australia Number of Keys: 129 Seller: The site is a new-build Buyer: Spring Hill Property Group, a privately owned property development company based in Brisbane and mainly into residential properties in prime South…

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Edyn Secures £105m Funding From Blackstone and KSL Capital Partners

Main Photo: Date: March 2022 Name: Edyn Serviced Apartments – Brands: Locke and Cove Locations: Mainly Europe Number of Keys: 1,800 currently, with a further 1,400 in the pipeline Owner: Edyn Serviced Apartments, owned by Canadian Brookfield Funder: Blackstone Mortgage Trust and KSL’s European Capital Solutions (ECS) platform. Edyn, Brookfield’s European serviced apartment business, has…

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South Kensington’s Art-Led Exhibitionist Hotel Sold for £10.6m

Main Photo: The Exhibitionist Hotel Date: March 2022 Name: The Exhibitionist Hotel Location: South Kensington, London, England, UK Number of Keys: 37 Seller: Private family Buyer: 4C Hotels Group BNP Paribas Real Estate has sold the iconic The Exhibitionist hotel in South Kensington for £10.6m to an undisclosed buyer on behalf of a private client.…

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Hyatt Plans World’s First FILA-Branded Lifestyle Hotel in Shanghai

Main Photo: FILA HOUSE Shanghai Date: March 2022 Name: FILA HOUSE Shanghai Location: Hongqiao Business District, Shanghai West, China Number of Keys: TBA Seller: TBA Buyer: Hyatt Hotels Corporation and ANTA Group Hyatt Hotels Corporation and ANTA Sports Products Co., Ltd. announced plans for the first-of-its-kind FILA-branded hotel in Shanghai – FILA HOUSE Shanghai. The…

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Adagio To Make Irish Debut In Cork

Main Photo: Adagio Cork Date: March 2022 Name: Adagio Cork – to open Summer 2024 Location: South Terrace, Cork, Ireland Number of Keys: 103 Seller: N/A Buyer: JMK Group JMK Group is set open a 103-key Adagio aparthotel in three converted Georgian properties on Cork’s South Terrace. A planning statement says the proposal will provide…

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AEVIS Hotel Division Acquires Hotel L’Oscar In Central London For £60m

Main Photo: Hotel L’Oscar Date: March 2022 Name: Hotel L’Oscar Location: Bloomsbury, Central London, England, UK Number of Keys: 39 Seller: Aggregate Holdings Buyer: AEVIS Victoria AEVIS VICTORIA SA’s (AEVIS) hotel business is expanding its portfolio with the acquisition of its first international outlet, the five-star hotel L’Oscar in Southampton Row, in London’s Bloomsbury. Victoria…

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A 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…

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Historic 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.…

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CDL Trust Acquires Hotel Brooklyn in Manchester For £24.1m

Main Photo: Hotel Brooklyn Date: February 2022 Name: Hotel Brooklyn Location: Manchester, England, UK Number of Keys: 189 Seller: Roundapple Hotel Partners Buyer: CDL Hospitality Trust, owned by Kwek Leng Beng CDL Hospitality Trusts (CDLHT) has announced the acquisition of Hotel Brooklyn located at 57 and 59 Portland Street, Manchester, United Kingdom for £24.1m. The four-star upscale luxury…

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Preferred 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,…

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