Recent Deals
Movenpick to Open Serviced Apartmemnts in Cairo
Main Photo: Movenpick Living and Residences, Cairo – imagined Date: December 2021 Name: Movenpick Living and Residences – opening 2026 Location: New Capital City, 45 km east of Cairo, Egypt Number of Keys: 150 serviced apartments and 40 residences Owner: The property will be part of the Sixty Iconic Tower mixed-use development Buyer: Al Bourouj…
Read MoreAzora Acquires Bluserena, Italy’s Second Largest Resort Hotel Operator
Main Photo: Bluserena’s resort in Sicily – Serenusa Village Date: December 2021 Name: Bluserena Resort SPA Location: Across Italy Number of Keys: 4,200 Seller: Carlo Maresca SPA Buyer: Azora Group Azora, the Madrid-based European private equity real estate manager, has completed the acquisition of Bluserena SPA, the second largest resort operator in Italy, from the…
Read MoreRadisson Hotel Group to Open 11 Radisson Individuals Hotels Across Russia
Main Photo: Cosmos Sochi Hotel Date: December 2021 Name: Radisson Hotel Group Locations: 11 across Russia Number of Keys: 7,000+ Owner: Cosmos Hotel Group Radisson Hotel Group and Cosmos Hotel Group, part of the AFK Sistema company, have signed an agreement under which part of Cosmos Hotel Group’s hotels will benefit from the international hotel…
Read MoreTrump to Sell Marquee Washington Hotel for at Least $375 Million….the Deal to Close 2022
Main Photo: The Trump Hotel in Washington DC Date: December 2021 Name: Currently The Trump International Hotel Washington DC…CGI is exploring a deal to rename the hotel, based in the Old Post Office building, under Hilton’s luxury brand – Waldorf Astoria Location: Pennsylvania Avenue, Washington DC, USA Number of Keys: 263 rooms and suites Seller: The…
Read MoreMelia Hotels International Voted Most Sustainable Hotel Company in Europe For Third Year Running
Main Photo: The Melia Zanzibar, Tanzania Date: December 2021 Name: Melia Hotels International Location: Global – HQ in Spain Number of Keys: 82,576 in 317 hotels open, plus a pipeline of 12,352 in 50 more hotels Meliá Hotels International has once again been recognised as a leader in sustainability in the hotel industry. Despite the…
Read MoreBjarke Ingels Group Is Building a Sustainable Floating City Off the South Korean Coast
Main Photo: What the Oceanix project might look like Date: December 2021 Name: Busan by UN-Habitat and Oceanix Location: Busan, South-Eastern tip of the Korean peninsula, South Korea Number of Keys: A whole city…no doubt to include one or more hotels Partners: Bjarke Ingels Group with UN-Habitat and Oceanix It’s no secret that rising sea…
Read MoreSonder Signs at Jeff Sutton’s Wharton Properties Planned Midtown Hotel for Under $300M
Main Photo: The current retail store on West 34th Street, planned to become 363 key hotel Date: December 2021 Name: TBA Location: West 34th Street, Midtown New York City, NY, USA Number of Keys: 363 Owner: Wharton Properties, who filed a permit to convert the retail store to a new hotel, in April 2021. Superdry…
Read MoreExclusive Frontiers Launched – Sustainable Luxury Solutions for Hotels, Resorts, Land Owners….By Exclusive Tents and Wall Street Luxury JV Partnership
Main Photo: The interior of an Exclusive Tents venue in Venice, Italy Date: November 2021 Name: Exclusive Frontiers – a JV partnership between Exclusive Tents and Wall Street Luxury Location: Global – initially Europe & North America Number of Keys: Infinite! Wall Street Luxury, parent company to The Hotel Property Team announced today, a strategic…
Read Moregreet Hotel Berlin – Accor Signs Contract for Second greet Hotel in Germany
Main Photo: The greet hotel, Darmstadt – the first greet hotel in Germany Date: November 2021 Name: greet Hotel Berlin – opening February 2022 Location: Alexanderplatz, Berlin, Germany Number of Keys: 61 Seller: TBA Buyer: GCH Hotel Group, – better known as Grand City Hotels, a long-term franchise partner of Accor. With more than 120…
Read MoreIndia’s SAMHI/Barque Hotels Rescued By Cerberus Capital to Save Holiday Inn Express Chain
Main Photo: Holiday Inn Express Bengaluru Whitefield Date: November 2021 Name: SAMHI Hotels, the holding company of Barque Hotels Location: India Number of Keys: 1,792 Owner: Goldman Sachs-backed SAMHI Hotels, holding company of Barque Hotels Pvt Ltd Lender: Cerberus Capital Goldman Sachs-backed SAMHI Hotels provided INR 83 crore, around US$11m, of quasi-equity to Barque Hotels Pvt Ltd to keep the operator of Holiday…
Read MoreHampton by Hilton – High Wycombe Secures £13m Refinancing Deal
Main Photo: Hampton by Hilton Date: November 2021 Name: Hampton by Hilton – High Wycombe Location: High Wycombe, Buckinghamshire, England, UK Number of Keys: 150 Finance: Leumi UK Owner: Handy Cross Dev Co The London-based subsidiary of Israeli bank Leumi has agreed a £13.2m, five-year facility with Handy Cross Dev Co to refinance the 150-bed…
Read MorePeachtree Hotel Group Acquires Two Hotels in California With Verakin Capital
Main Photo: La Bellasera Hotel & Suites Date: November 2021 Name: Hampton Inn & Suites and La Bellasera Hotel & Suites – to become a Tapestry Collection by Hilton Location: Paso Robles, California Number of Keys: 141 Seller: Pacific West Hotels, a family owned business, run by Kevin Bierl and his three children Buyer: Peachtree…
Read MoreThe Meridian Club Re-Opens as Exquisite Five-Star Pine Cay, Turks & Caicos (June 2021)
Main Photo: Pine Cay; photo credit: Kira Turnbull Date: November 2021 (late report!) Name: Pine Cay Location: A secluded private island on the edge of the world’s third-largest barrier reef, a 20 minute boat ride from Providenciales, Turks & Caicos Number of Keys: 12 beachfront rooms and suites Seller: The hotel, formerly known as The…
Read MoreThe Angus Golf Resort & Hotel, Dundee Revises Plans to Make 175 Rooms, Rooftop Sky Bar, Spa, Golf & 170 Unit Residential
Main Photo: The new Angus Golf Resort – imagined Date: November 2021 Name: The Angus Golf Resort, Hotel & Spa – to open 2024 Location: The Shank of Omachie, above the Forbes of Kingennie country resort, near Broughty Ferry, with views out to the Tay estuary and St Andrews, Scotland Number of Keys: Planning has…
Read MoreDiamondRock Hospitality Open The Hythe in Vail, Colorado Under Marriott’s Luxury Collection Brand
Main Photo: The lobby at the new Hythe hotel Date: November 2021 Name: The Hythe, a Luxury Collection Resort, Vail Location: Vail, Colorado, USA Number of Keys: 344, including 22 suites and 16 residences Seller: The hotel was The Vail Marriott Mountain Resort, acquired by DiamondRock for $62m in 2005 from Vail Resorts Inc, who…
Read MoreKimpton To Open Third Hotel in Thailand
Main Photo: Kimpton Hotels Date: November 2021 Name: Kimpton Khao Yai – opening 2024 Location: Khao Yai National Park, Pak Chong, Thailand Number of Keys: 100 Seller: The new hotel will be part of the Nusa MyOzone Project…prior to this, the site was a greenfield site Buyer: Nusasiri Public Company IHG Hotels and Resorts has…
Read MoreCitySuites II Manchester to Open in January 2022
Main Photo: CitySuites II studio apartment Date: November 2021 Name: CitySuites II – opening January 2022 Location: Manchester, England, UK Number of Keys: 142 Seller: TBA Buyer: Select Property Group CitySuites, part of Select Property Group, will unveil its second aparthotel in Manchester Town Centre in January 2022. Select also run Vita Developments, big in…
Read MoreNordic Hotels Announces Oslo Luxury Art Deco Hotel Opening – Sommerro
Main Photo: The old Electricity Co building, to become The Sommerro Date: November 2021 Name: Sommerro – to open September 2022 Location: Frogner, Oslo, Norway Number of Keys: 231 plus 56 residences Seller: The site was the former HQ of Oslo Lysverker Buyer: Nordic Choice Hotels, owned by Petter Stordalen and headed up by Torgeir…
Read MoreThe Standard Comes to Ireland’s Dublin Arch, From the USA
Main Photo: The site where the new Standard hotel will open Date: November 2021 Name: The Standard Dublin – to open 2025 Location: Dublin, Ireland Number of Keys: 200 Seller: The site, known as Dublin Arch, previously Connolly Quarter, is a mixed-use development to house offices, shops, homes as well as the hotel. Developer: Ballymore…
Read MoreThe Latest Trend in Hotels….Add Experiential Accommodation In the Grounds
Main Photo: The Shepherd Huts at Another Place in the UK’s Lake District Date: November 2021 Name: Many…Outside Rooms Location: Across the Globe…this report Ullswater, Lake District, England, UK – opening summer 2022 Number of Keys: Adding from Five to Twenty-Five additional rooms to an existing hotel Owner: Will Ashworth, CEO The Lake/Another Place Between…
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