East Capital RE Sells 92-Key Georg Ots Spa Hotel, Estonia

Main Photo: The Georg Ots Spa Hotel Date: January 2022 Name: The Georg Ots Spa Hotel Location: Kuressaare, Estonia Number of Keys: 92 Seller: Fund manager East Capital Real Estate, owners of Hilton Tallinn Park, Tallinn Seaport Hotel and others now exited Buyer: Legend Hotels, an operator that owns and operates some 6 other hotels…

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McKibbon Hospitality celebrates year of growth as Covid recovery continues

Main Photo: Hyatt House Tallahassee Date: January 2022 Name: McKibbon Hospitality Locations: Across USA – Key markets: Florida, Georgia and Virginia Number of Keys: 2,280 Owners: Various Brands: Marriott, Hilton, Hyatt McKibbon Hospitality, the hotel management company added an impressive 19 properties to its management portfolio in 2021, increasing its presence in key markets across…

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Propreal Capital Partners sells the Regent Hotel Berlin to Blackstone

Main Photo: The Regent Hotel Berlin Date: January 2022 Name: The Regent Hotel Berlin Location: Gendarmenmarkt, Berlin, Germany Number of Keys: 195, including 39 suites Seller: Propreal Capital Partners…the hotel was acquired in 2014 by Shaftesbury Asset Management Buyer: Real estate funds managed by Blackstone In December 2021, Propreal completed the sale of the Regent…

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Operator Hotel Co. 51 To Open Three More UK Hotels in 2022

Main Photo: The newly opened Courtyard by Marriott Glasgow SEC Date: January 2022 Names: Moxy Bristol opening April 2022, Marriott AC Hotel Inverness and……. Locations: Bristol, Inverness and Number of Keys: 600 – Moxy Bristol 214; Marriott AC 175; Seller: Bristol: The plot of land was formerly home to an office building, Halfords garage and…

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Nobu Hospitality to Open in Santorini, Greece in Spring 2022

Main Photo: The proposed pool area at the new Nobu Santorini Date: January 2022 Name: the Nobu Hotel and Restaurant Santorini Location: Imerovigli, north-east coast of Santorini, Greece Number of Keys: TBA Seller: TBA Buyer: Monterock International Nobu Hospitality has confirmed it first hotel and restaurant in Greece, the Nobu Hotel and Restaurant Santorini. The…

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777 Capital Partners AG Takes Over the Asset Management of Newly Built Serviced Apartment Property 100 rooms in Frankfurt

Main Photo: The Numa Nook, Berlin Mitte one of the 27 Numa locations Date: January 2022 Name: TBA Location: Eschersheimer Landstraße, Frankfurt, Germany Number of Keys: 100 Seller: Family office W5 Group, established in 2009, is the single-family office of prominent European real estate investor and entrepreneur Ralph Winter. Buyer: 777 Capital Partners AG, a…

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German Brand to Open Hotel AMANO Covent Garden, London 2022

Main Photo: The new Hotel AMANO imagined, due to open 2022 Date: January 2022 Name: Hotel AMANO Covent Garden – opening Spring 2022 Location: Covent Garden, London Number of Keys: 141 Seller: The site was an office building – Drury House Buyer: Manex Properties acquired Drury House in 2018…. Manex Properties is a joint venture between the Germany-based…

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Radisson Hotel Group Welcomes Fourth Brand to Saudi Arabia With the Opening of Radisson Hotel Riyadh Airport

Main Photo: The new Radisson Hotel Riyadh Airport Date: January 2022 Name: Radisson Hotel Riyadh Airport Location: 5 km from Riyadh Airport, Saudi Arabia Number of Keys: 471, including duplex suites, three-bedroom villas and connecting family rooms Seller: TBA Buyer: Al-Qussie International, developers of many of Saudi’s stadia – the Olympic Complex, Riyadh Club, the…

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Motto by Hilton Debuts First Hotel in New York City

Main Photo: The public areas at the new Motto by Hilton in New York Date: January 2022 Name: Motto by Hilton New York City Chelsea Location: West 24th Street, Chelsea Arts District, Manhattan, New York, NY, USA Number of Keys: 374 Seller: TBA Buyer: TBA Hilton announced the opening of Motto by Hilton New York City…

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Growing Hospitality Group – AG Hotels Acquires 8th UK Hotel

Main Photo: The Best Western Stuart Hotel just acquired by AG Hotels Date: January 2022 Name: AG Hotels – Best Western The Stuart Hotel Locations: Across the UK – the latest acquisition is Derby, England, UK Number of Keys: 100 Seller: Private family Buyer: AG Hotels, headed up by Girish Grover, CEO Best-Western branded The…

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British Investment Firm, Sixth Street Acquires Five Hotels and Forms New Partnership With Pierre & Vacances in Spain

Main Photo: Roquetas de Mar, one of the five hotels acquired by Sixth Street Date: January 2022 Name: Sixth Street and Pierre & Vacances Spain Locations: Benidorm, Roquetas de Mar, Lloret de Mar and Salou, Spain Number of Keys: 1,039 Seller: Oh! Tels Group, a hotel chain based in Salou, Tarragona with 16 hotels, vertically integrated and…

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Four Seasons Hotels to Manage Danieli Hotel in Venice

Main Photo: The iconic Danieli Venice Date: January 2022 Name: Currently: Hotel Danieli, a Luxury Collection Hotel, Venice…to become a Four Seasons – to reopen 2024 Location: Riva degli Schiavoni, Venice, Italy Number of Keys: Will be 200 rooms and suites Owner: Built in the 14th century, the hotel was, together with four other luxurious…

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Perial Asset Management Buys Portfolio of Nine Spanish Hotels For €58m

Main Photo: B&B Albacete, one of the nine hotels sold Date: January 2022 Name: The hotels are operated by B&B Hotels Locations: Across Spain including Figueres, Mollet del Valles, Albacete and Cartagena Number of Keys: Eight of the properties have around 100 rooms, with one having 200 rooms.  Seller: Acquired by Goldman Sachs investment fund…

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Accor’s Hyde Brand to Open First London Property

Main Photo: The current property at 15 Old Bailey Date: January 2022 Name: Hyde Paradox London City – opening 2023…the original building was opened as the Spiers & Pond Hotel in 1874! Location: 15 Old Bailey, City of London, England, UK Number of Keys: 110 Owner: The JV hospitality real estate fund created by Edmond de…

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Virgin Hotels Set to Open it’s First Two UK Sites, in Scotland

Main Photo: The new Virgin Glasgow Date: January 2022 Name: Virgin Hotels Glasgow and Virgin Hotels Edinburgh – both opening Spring 2022 Location: Glasgow – overlooking the River Clyde; Edinburgh – India Buildings, Victoria Street – Scotland, UK Number of Keys: 240 and 222 Owner: Glasgow: Silk Property Group, with assets managed by Siggis Capital;…

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