Accor to Open Dual Branded Hotel in 2025 on the Black Sea Coast

Main Photo: The area where the new dual-brand hotels will be; photo image courtesy Google Maps Date: February 2022 Names: Mövenpick Resort & Spa Agoi and Mercure Agoi Resort – opening 2025 Location: The resort village Agoi, northwest of Tuapse, Black Sea, Russia Number of Keys: 120 Movenpick and 160 Mercure – 280 rooms and…

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Marriott Debuts W Brand in Rome

Main Photo: The Lounge Bar at the W Rome Date: December 2021 Name: W Rome Location: Via Liguria, Spanish Steps, Rome, Italy Number of Keys: 162, including 15 suites Seller: The new hotel spans two adjacent 19th-century buildings on Via Liguria  Buyer: W Rome is owned by King Street Capital Management, a global alternative investment…

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Reliance of India Buys NY Luxury Mandarin Oriental Hotel for $98.15m for 73.37%

Main Photo: The Mandarin Oriental NY Date: February 2022 Name: Mandarin Oriental, New York Location: Columbus Circle, Central Park, New York, NY, USA Number of Keys: 248 rooms incl 46 suites, plus Residences, serviced by the hotel Seller: Cayman Islands-based Columbus Centre Corp (Cayman)…The hotel was acquired for $340m in 2007, by Dubai’s Istithmar, owner…

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Aprirose acquires Selsdon Park hotel from De Vere

Main Photo: The Selsdon Park Hotel Date: February 2022 Name: Selsdon Park Hotel Location: Sanderstead, Croydon, Surrey, England, UK Number of Keys: 150 Seller: De Vere Hotels, who acquired the hotel from the Sanderson family in 1997, who in turn created the hotel in 1924 from being a 205 acre residential estate Buyer: Aprirose, a…

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Union Investment Brings Radisson Blu Hotel Brand to Barcelona for €75m

Main Photo: The Hotel Barcelona 1882 – to become a Radisson Blu Hotel Date: February 2022 Name: Radisson Blu Barcelona Sagrada Familia Location: Sagrada Familia, Barcelona, Spain Number of Keys: 182 Seller: Partners Group, a leading global private markets firm, acting on behalf of its clients. The hotel was managed by Izaka Hotel Management, and…

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Engel & Völkers Acquires 7Pines Resort in Ibiza from 12.18 for €130m

Main Photo: The 7Pines Resort Date: February 2022 Name: 7Pines Resort Ibiza Location: Between Platges de Comte and Cala Codolar, Ibiza, Spain Number of Keys: 185 Seller: German investment firm 12.18 Buyer: Engel & Volkers Asset Management The high-end real estate agency Engel & Völkers has purchased the five-star hotel Seven Pines Resort Ibiza for €130 million. The…

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Dorchester Collection Unveils The Lana, Dubai to Open 2022

Main Photo: The stunning roof-top pool at the new Lana Hotel Date: February 2022 Name: The Lana Dubai Location: Business Bay area of Dubai, by Dubai Creek Number of Keys: 225 rooms, including 69 suites plus 39 Residences Seller: TBA Buyer: Omniyat, a Dubai-based developer, headed up by Mahdi Amjad, CEO.  The Dorchester Collection to…

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Beaumier Acquires Three More Hotels in Wengen, Switzerland

Main Photo: The four-star Wengener Hof Date: February 2022 Names: Wengen Classic Hotels – Wengener Hof – 4 star, Hotel Belverdere – 3 star and Hotel Silberhorn – 4 star Locations: Wengen, Switzerland Number of Keys: 65, 62 and 54 – 181 in total Seller: The Zinnert family Buyer: Beaumier, previously named Les Hotels d’en…

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Kerzner International and Lone Mountain Land Company Announce One&Only Moonlight Basin in Big Sky, Montana – To Open 2024

Main Photo: The new One & Only – first in the USA Date: February 2022 Name: One&Only Moonlight Basin – opening 2024 Location: Moonlight Basin, Montana, USA Number of Keys: 73 rooms and suites, 19 villas and 62 residences Seller: TBA Buyer: Lone Mountain Land Company Lone Mountain Land Company and Kerzner International Holdings have…

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Chateau Denmark Hotel in London’s Soho To Open April 2022

Main Photo: The “interesting” design at London’s latest new opening Date: February 2022 Name: Chateau Denmark Location: Denmark Street, Soho, London, England, UK Number of Keys: 55 Session Rooms and Apartments, across 16 buildings! Seller: TBA Buyer: The new venture is part of a collaboration between CAW and Outernet Global, an upcoming development which will…

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Tui Raises €500m Fund to Finance New Hotels

Main Photo: The Tui resort in Fuerteventura, Spain Date: January 2022 Name: Tui Global Hospitality Fund Locations: Global Number of Keys: TBA Europe’s biggest holiday company Tui is making a rare move for the industry, raising a €500m fund from institutional investors to finance new hotels after the pandemic left it with record debt levels.…

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L+R Hotels and PGGM Announce Hotel Venture Targeting up to €1 billion Investments in Europe

Main Photo: A selection of the L+R portfolio Date: January 2022 Name: LRO Hospitality Location: Europe Number of Keys: TBA Partners: L+R Hotels, a London-based hotel investor and operator, and Dutch pension fund manager PGGM Buyer: L+R Hotels, a London-based Hotel investor and operator, and Dutch pension fund manager PGGM have backed a European value-add hotel…

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Dalata Hotel Group Acquires Leasehold Interest in Four-Star Hotel Nikko Düsseldorf – Their First In Continental Europe

Main Photo: The Nikko Hotel – Photo Credit: Nguy Quang Hy Date: January 2022 Name: Hotel Nikko Dusseldorf Location: Immermann Strasse, Central Dusseldorf, Germany Number of Keys: 393 Seller: Art-Invest Real Estate Buyer: Dalata Hotel Group Dalata Hotel Group plc, the largest hotel operator in Ireland with a growing presence in the United Kingdom, announces it has agreed…

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Hyatt Announces Plans for Two New London Hotels, at The London Olympic’s Park Site, Rebranding from IHG’s Holiday Inn and Staybridge Suites

Main Photo: The current Holiday Inn London – Stratford City Date: January 2022 Name: Hyatt Regency London Stratford  and Hyatt House London Stratford – to reopen Q2 2022 Location: Westfield Stratford City, a short walk to Stratford Station and Queen Elizabeth Park, site of the London Olympics 2012 Number of Keys: 225 and 127 Owner:…

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Singapore’s Fragrance Group Buys Holiday Inn London Kensington Forum

Main Photo: The Holiday Inn London Kensington Forum Date: January 2022 Name: The Holiday Inn London Kensington Forum, opened in 1972 as the Penta Hotel Location: Cromwell Road, London, England, UK Number of Keys: 906 Seller: Queensgate Investments Buyer: Fragrance Hotels, who own eleven other, much smaller hotels in the UK as well as twenty-three…

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