Recent Deals
Shangri-La Debuts in Saudi Arabia
Main Photo: Shangri-La Jeddah Date: February 2022 Name: Shangri-La Jeddah Location: Burj Assila, Jeddah, Saudi Arabia, UAE Number of Keys: 220 Owner: Assila Investments…the hotel forms part of the two-billion Saudi Riyal mixed-use development project Manager: Shangri-La The 220-room Shangri-La Jeddah has opened, marking the brand’s first property in Saudi Arabia. Shangri-La Jeddah offers 220…
Read MoreHyatt’s Thompson Hotels To Enter Spanish Market
Main Photo: The Thompson Madrid Date: February 2022 Name: Thompson Madrid – opening mid-2022 Location: Puerta del Sol/Gran Via Street, Madrid, Spain Number of Keys: 175, including 23 suites Seller: TBA Buyer: Exacorp One SL, owners of the Hyatt Centric in Madrid A Hyatt affiliate has agreed with Exacorp One S.L. to open the first…
Read MoreMarriott To Bring St. Regis Brand To London’s Mayfair As a Rebrand of The Westbury Hotel
Main Photo: The Westbury, Mayfair Date: February 2022 Name: The St. Regis London – to open 2023 Location: Mayfair, London, England Number of Keys: 225 – to reduce to 196 Owner: Bakir Cola and family Manager: Marriott under the St. Regis brand Marriott International has announced it has signed a management agreement with Cola Holdings…
Read MoreIberia Reimagined – a Cluster of 10 New Signings by IHG Across Spain and Portugal
Main Photo: The Six Senses Lisbon Date: February 2022 Names: Spain: Holiday Inn Sant Cugat, Holiday Inn Express Madrid Airport, Holiday Inn Bilbao Sestao, Holiday Inn Express Sevilla and Staybridge Suites Malaga; Portugal: Staybridge Suites Porto, Staybridge Suites Carcavelos, Six Senses Lisbon, Holiday Inn Porto and Holiday Inn Express Evora Locations: as above Number of…
Read MoreIHG Partners With JJW as Part of 10 New Hotels Announcement for Iberia
Main Photo: The JJW Penina Resort & Gold Resort, Algarve…to become the new IHG brand – Vignette Collection Date: February 2022 Names: Three JJW properties – Grand Hotel Wien (Vienna, Austria), Penina Resort & Golf; Dona Felipa Hotel; voco Algarve – a fourth property as a new hotel…previously the Formosa Park Apartments Locations: Vienna, Austria…
Read MoreAtlas Hotels Has Acquired a Portfolio of Six Further Hotels, Located Across Scotland
Main Photo: The Holiday Inn Glasgow City Centre Date: February 2022 Name: Mainly Holiday Inn Express Locations: Glasgow, Edinburgh, Dunfermline and Perth, Scotland, UK Number of Keys: 569 Seller: Chardon Group, founded in 1972 by Maurice Taylor Buyer: Atlas Hotels, part of L+R Hotels Atlas Hotels has acquired a portfolio of six further hotels, located…
Read MoreWyndham Gains momentum Across Europe, Middle East, Eurasia and Africa
Main Photo: The Wyndham Garden Salalah Mirbat, Oman Date: February 2022 Name: Wyndham Hotels Location: EMEA Number of Keys: 70 new hotels signed in 2021 Sellers: Various Buyers: Various Wyndham Hotels & Resorts continues to expand across Europe, Middle East, Eurasia and Africa with a number of recent hotel launches and a strong line-up of openings…
Read MoreThe Emerald House, a Curio Collection by Hilton, Opens it’s Doors in the Heart of Lisbon
Main Photo: The first Curio by Hilton hotel in Lisbon Date: February 2022 Name: The Emerald House Lisbon Curio Collection by Hilton Location: Santos, overlooking the River Tagus, Lisbon, Portugal Number of Keys: 67 Seller: The building has been under construction work since 2017 and was due to open in 2019 Buyer: Goldenflamingo LDA, owners/operators…
Read MoreSix-Storey Four-Star Lifestyle Hotel The Alan Opens in Manchester, England
Main Photo: The bedroom style at this new hotel Date: February 2022 Name: The Alan Location: Princess Street, Manchester, England, UK Number of Keys: 137 Seller: TBA Buyer: Aspen Hotels, headed up by Amardeep Alan Singh Chima; On the Klarent Hospitality platform, part of the new venture formed by Henderson Park, following their acquistion of…
Read MoreCheval Collection to Launch First MY Locanda Site in Glasgow
Main Photo: The apartment style of Cheval’s new brand Date: February 2022 Name: MY Locanda Glasgow – opening 2024 Location: George Square, Glasgow, Scotland, UK Number of Keys: 168 Seller: TBA Buyer: Chris Stewart Group in a JV with Cheval Collection Dubai-owned Cheval Collection, a group of very upmarket serviced apartments with properties across London…
Read MoreCrown Resorts Accepts Blackstone US$6.3B Offer for Australia Casino Group
Main Photo: The Crown Promenade Melbourne Date: February 2022 Name: Crown Resorts, comprising four hotels in Melbourne, three in Perth…and Casinos! Location: Perth, Melbourne & Sydney in Australia and Aspinalls in London, UK Number of Keys: 2,395 Seller: Crown Resorts Buyer: The Blackstone Group After nearly a year of Blackstone pursuing Australia’s largest casino operator,…
Read MoreParliament Square Hobart Sold For AUD338m In Tasmania’s Largest Ever Transaction
Main Photo: Parliament Square Hobart Date: February 2022 Name: Parliament Square Hobart – The Tasman, A Luxury Collection Hotel, Marriott Location: Hobart, Tasmania, Australia Number of Keys: 152 Seller: Trawalla Group, Alan & Carol Schwartz’ family office Buyer: Spirit Super – created through the merger of Tasplan and MTAA Super in early 2021 The Trawalla…
Read MoreSingapore Wealth Fund GIC to Acquire 30-Hotel Prince Hotels Portfolio Across Japan For 150 Bn Yen – Around US$1.3 Billion
Main Photo: Shimoda Prince Hotel, Shimoda, Japan Date: February 2022 Name: Prince Hotels Location: Japan Number of Keys: TBA Seller: Prince Hotels, part of Seibu/Staywell Hotels Buyer: GIC Singaporean sovereign wealth fund GIC has emerged as the potential buyer for the majority of Seibu Holdings’ hotel portfolio, branded Prince Hotels. Around 30 of Seibu’s hotels…
Read MoreBlackstone To Buy Preferred Apartments In $5.8 Billion Deal
Main Photo: The Ellison, a multifamily housing development owned by Preferred Apartments Date: February 2022 Name: Preferred Apartment Communities Location: USA Number of Keys: 12,000 apartments Seller: Preferred Apartment Communities Buyer: Blackstone Real Estate Income Trust A division of Blackstone is set to acquire multifamily housing owner/operator Preferred Apartment Communities Inc for $5.8 billion. Blackstone…
Read MoreHard Rock Hotel Madrid Sells For €65m
Main Photo: Hard Rock Hotel Madrid Date: February 2022 Name: Hard Rock Hotel Location: Madrid, Spain Number of Keys: 161 Seller: ActivumSG Capital Management Buyer: Arlaes Management S.L. A fund overseen by ActivumSG Capital Management has sold the 161-room Hard Rock Hotel Madrid to Arlaes Management S.L for 65 million euros. ActivumSG Iberia Fund I…
Read MoreArtotel Signs Dafam Hotel Management Takeover Deal
Main Photo: Artotel Jakarta Thamrin (image courtesy of agoda.com) Date: February 2022 Name: Dafam Hotel Management (DHM) Location: Indonesia Number of Keys: 2,507 Seller: Dafam Hotel Management (DHM) Buyer: Artotel Artotel Group has acquired a majority stake in Dafam Hotel Management (DHM), which owns and operates 24 hotels in Indonesia with a total of 2,507…
Read MoreBlackstone’s Bourne Leisure’s Warner Hotels Acquires 180-Key The Runnymede Hotel, Egham
Main Photo: The Lounge at the Runnymede Hotel Date: February 2022 Name: The Runnymede on Thames Hotel & Spa Location: Egham, Surrey – Close to Heathrow Airport Number of Keys: 180 Seller: Family-owned Ralph Trustees, owned by Stuart and Daniel Levy Buyer: Bourne Leisure, under the Warner Leisure Hotels brand – their 16th adults-only hotel,…
Read MoreNew ‘Tech’ Aparthotel Brand – Aptel Opens In London
Main Photo: Aptel East Date: February 2022 Name: Aptel Location: London, UK Number of Keys: 33 Seller: N/A Buyer: N/A Aptel, a new aparthotel brand, has officially launched with its first site located in East London. The first Aptel site, Aptel East, is specifically located on Commercial Road, a short distance from Whitechapel and Aldgate East…
Read MoreDoubleTree To Add Six Hotels In European Expansion in 2022 – 2024
Main Photo: DoubleTree by Hilton Hannover Date: February 2022 Name: DoubleTree by Hilton Locations: Milan in Italy, Lyon in France, Hannover in Germany, Budapest in Hungary, Sittard in The Netherlands and Brasov in Romania Number of Keys: TBA Sellers: Various Buyers: TBA DoubleTree by Hilton is continuing its expansion in Europe with the addition of…
Read MoreNUMA Raises $45m In Funding
Main Photo: Numa Sketch Berlin Date: February 2022 Name: NUMA Group Location: Europe Number of Keys: 2,500 Owner: NUMA Group The Money: Investors led by DN Capital Hotel operator and technology developed NUMA Group has raised $45 million growth capital in a new funding round led by DN Capital. NUMA operates more than 2,500 units…
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