Recent Deals
Germany’s First Radisson Collection Hotel Opens in the Heart of Berlin
Main Photo: The new hotel’s lobby with the famous AquaDom, the world’s largest freestanding cylindrical aquarium with 1,600 tropical fish Date: January 2022 Name: The Radisson Collection Hotel, Berlin…was previously the Radisson Blu Location: Overlooking the Spree River, within the DomAquaree City Complex, which opened in 2004, Berlin Mitte, Germany. The development project was financed…
Read MoreSchroders Capital and Extendam Sell AC Hotel by Marriott Nice
Main Photo: The AC Hotel by Marriott, just sold by Schroders/Extendam JV Date: January 2022 Name: AC Hotel by Marriott Nice Location: Promenade des Anglais, Nice, France Number of Keys: 143 Seller: Schroders Capital and Extendam JV, who acquired the hotel in 2017 Buyer: Unnamed Owner-Operator Schroders Capital and Extendam have finalized the sale of the AC Hotel by Marriott in Nice…
Read MoreTrinity Investments and Oaktree JV Acquire W Hollywood for US$197m
Main Photo: The W Hollywood Date: December 2021 Name: The W Hollywood Location: Hollywood Boulevard, Los Angeles, California, USA Number of Keys: 305 rooms and suites Seller: Host Hotels & Resorts, that acquired the hotel in 2017 for US$219m. The hotel opened in 2010, developed by Gatehouse Capital and owned in a joint venture by…
Read MoreInvesco Real Estate Sell 175-Key Mercure Bratislava Centrum to CPI Property Group
Main Photo: The Mercure Bratislava Centrum Date: December 2021 Name: The Mercure Bratislava Centrum Hotel Location: Central Bratislava, Slovakia Number of Keys: 175 Seller: Invesco Real Estate, who acquired the hotel whilst still under construction, together with four other Accor hotels in 2010 for €154m, with €17m reported for the Mercure Buyer: CPI Property Group,…
Read MoreHenderson Park Acquires Amaris Hotel Platform to Create Klarent Hospitality
Main Photo: Dublin Custom House, which was converted to a Hilton Garden Inn, as one of the hotels in this deal Date: December 2021 Name: Klarent Hospitality – the new brand formed from the deal Locations: Europe, including France, Greece, Ireland, Spain and the UK Number of Keys: 9,300 – Henderson Park Seller: LRC Group…
Read MorePerseus Group obtains €93m Loan for French Hotels Via Cheyne Capital
Main Photo: The former Convent of the Visitation, acquired by Perseus in March 2021 Date: December 2021 Name: Perseus Hotels Locations: These two: Nice and Paris, France…new projects planned in France, Italy, Greece and Portugal Number of Keys: Owner: Perseus Hotels, founded by Valery Grego Funder: Cheyne Capital Perseus Group has completed secured senior and…
Read MoreBanyan Tree Group Introduces Five New Brands to Multi-Brand Ecosystem Grounded in Purposeful Travel
Main Photo: Garrya Huzhou Lucun, China Date: December 2021 Name: Banyan Tree Group Location: Worldwide – 23 countries Number of Keys: 2,559 Owner: Banyan Tree Banyan Tree Group, one of the world’s leading independent hospitality groups, is set to double its footprint of 54 properties across 23 countries by 2025 with the introduction of 5…
Read MoreSelina Announces SPAC Merger Worth $1.2 billion
Main Photo: Selina Granada Date: December 2021 Name: Selina Hospitality Locations: North America, South America, Middle East and Europe Number of Keys: 22,400 with plans to add 40,000 more keys by 2025 Owner: Selina Hospitality Investor/Merger Partner: BOA Acquisition Corp Selina is planning to go public via a SPAC merger with BOA Acquisition Corp at…
Read MorePrism Hotels & Resorts Acquired by Aimbridge Hospitality
Main Photo: Hilton El Conquistador Tucson Date: December 2021 Names: Some 50 hotels across the USA under brands such as Hilton, Hyatt, IHG and Marriott Locations: Across the USA Number of Keys: TBA Seller: Prism Hotels & Resorts Buyer: Aimbridge Hospitality Dallas-based Prism Hotels & Resorts, an award-winning, full-service hotel management, investment and advisory services…
Read MoreBoutique Hotel Group Experimental Targets US After €350m investment
Main Photo: Il Palazzo Experimental, Venice Date: December 2021 Name: Experimental Group Locations: USA, UK Number of Keys: N/A Seller: Experimental Group Buyer: Brookfield Commercial real estate group Brookfield has made a $350 million investment in European hospitality firm Experimental Group. That deal is expected to enable Experimental to open as many as 15 new…
Read MoreHard Rock International to Purchase The Mirage Las Vegas for $1.075 Billion
Main Photo: Hard Rock plans to build a guitar-shaped hotel on the Strip Date: December 2021 Name: The Mirage Location: Las Vegas, Nevada, USA Number of Keys: 3,044 Seller: MGM Resorts International Buyer: Hard Rock International Hard Rock International has signed an agreement to acquire the operations of The Mirage Las Vegas hotel and casino…
Read MoreNoble Acquires Portfolio of Marriott, Hilton, and Hyatt Branded Hotels
Main Photo: Hyatt House Tallahassee Capitol – University Date: December 2021 Names: Residence Inn by Marriott Charlottesville Downtown, Hyatt House Tallahassee Capitol – University, and the Hampton Inn & Suites Tallahassee Capitol – University. Location: Charlottesville, Virginia and Tallahassee, Florida, USA Number of Keys: 368 Seller: TBA…The Residence Inn opened in March 2016, and was…
Read MoreReuben Family Plan £180m Fund for London’s Admiralty Arch
Main Photo: Admiralty Arch, London…courtesy Hilton Waldorf Astoria Date: December 2021 Name: Waldorf Astoria London Admiralty Arch Location: The Mall, London, England, UK Number of Keys: 100+ Owner/Seller: Prime Investors Capital (PIC) Lender/Buyer: Reuben Family The billionaire Reuben family is closing in on a £180m deal to further fund the transformation of Admiralty Arch into…
Read MoreFortress Acquires Majority Stake in PREM Group
Main Photo: Tulfarris Hotel & Golf, Co. Wicklow, Ireland Date: December 2021 Name: PREM Group Locations: Ireland, UK, Belgium and Netherlands Number of Keys: 3,000+ Seller: PREM Group Buyer: Fortress Investment Group LLC The US Fortress Investment Group LLC has acquired a majority stake in Dublin-based serviced apartment and hotel company PREM Group through an…
Read MoreVail Snaps Up Three US Ski Resorts – Severn Springs, Hidden Valley & Laurel Mountain
Main Photo: The Seven Springs Mountain Resort, including The Slopeside Hotel Date: December 2021 Names: Seven Springs Mountain Resort in Pennsylvania, Hidden Valley Resort and the operations of Laurel Mountain Ski Area Location: An hour (60 miles) south-east of Pittsburgh, Pennsylvania, USA Number of Keys: 418 hotel and conference centre…and a lot of snow! Seller:…
Read MoreBoundary London Acquired by James McCulloch’s Harcourt Inns
Main Photo: The Boundary hotel in London’s trendy Shoreditch Date: December 2021 Name: The Boundary London Hotel Location: Shoreditch, East London, England, UK Number of Keys: 17 Seller: Opened by London’s Restaurant Guru, Sir Terence Conran, in 2009. His Preston & Conran business went into administration in 2018 Buyer: Harcourt Inns, headed up by James…
Read MoreMitsis Hotels Expands Further to 6,500 Keys in Greece
Main Photo: The 500 room Blue Domes Resort, Kos with 10 pools, 11 restaurants and 6 bars! Date: December 2021 Name: The Mitsis Group Location: A new five-star on Mykonos and plans for three hotels in Rhodes, Greece Number of Keys: 225 in Mykonos Seller: TBA Buyer: The Mitsis Group, with help from Enterprise Greece…
Read MoreJumeirah Marsa Al Arab Opens in Dubai
Main Photo: The new Jumeirah Marsa Al Arab – imagined Date: December 2021 Name: Jumeriah Marsa Al Arab Location: The property is adjacent to the wave-shaped Jumeirah Beach Hotel and sailboat-inspired Burj Al Arab Jumeirah in Dubai Number of Keys: 386 rooms and suites, four penthouses, as well as 83 luxury hotel apartment suites Seller:…
Read MoreDavidson Kempner Wins Race For Luxury Hotel Portfolio in Portugal
Main Photo: The Conrad Algarve, one of the hotels included in the deal Date: December 2021 Name: Nau Hotels – a portfolio of luxury hotels, including the Conrad Algarve, the Cascatas Golf & Resort Spa by Hilton and the NAU group, of La Vie shopping centers, among other real estate assets. Location: Across Portugal Number…
Read MoreAloft Liverpool Hotel Sold to Fragrance Group Off £12m Guide Price
Main Photo: The Aloft Liverpool Date: December 2021 Name: The Aloft Liverpool Location: North John Street, Liverpool City Centre, England, UK Number of Keys: 116 Seller: North John Street LLP…The property was built around the year 1900 as the head office of the Royal Insurance Company and was converted into a 116-bedroom hotel under the…
Read More