Recent Deals
Molo Hotel Group Acquires Manchebo Beach Resort & Spa, Aruba
Main Photo: Manchebo Beach Resort & Spa, Aruba Date: November 2021 Name: Manchebo Beach Resort & Spa, Aruba Location: Eagle Beach, Aruba, Caribbean Number of Keys: 72 Seller: The hotel has been family-held since 1970 when hotelier Ike Cohen bought the 72-room oceanfront hotel from its original developers, a pair of KLM pilots who opened…
Read MoreZetland Capital Partners Acquires Macdonald Manchester and Holyrood Hotels
Main Photo: Macdonald Manchester Hotel Date: November 2021 Names: Macdonald Manchester Hotel and Macdonald Holyrood Hotel Location: Manchester, England and Edinburgh, Scotland, UK Number of Keys: 338 – Manchester; 156 – Edinburgh 494 in total Seller: Macdonald Hotels & Resorts. Buyer: Zetland Capital Partners LLP London based private equity firm Zetland Capital Partners LLP is…
Read MorePPHE Buys Historic Four-Star Hotel Londra & Cargill, Rome – Their First in Italy For €34.5m
Main Photo: The Hotel Londra & Cargill Date: November 2021 Name: Hotel Londra & Cargill Location: 400 meters from Via Veneto, a walk away from the Spanish Steps and public transport at Termini Station Number of Keys: 101 Seller: Members of the De Romanis family Buyer: PPHE – Park Plaza Hotels Europe, headed up by…
Read MoreHilton Plots Growth in Europe and UK
Main Photo: The Canopy by Hilton Madrid Castellana Date: November 2021 Name: Hilton Locations: Across Europe Number of Keys: With 217 properties and more than 35,000 rooms in development, Hilton is expected to increase its footprint in Europe and U.K. by nearly 30% by the end of 2023 “Europe is instrumental to Hilton’s global growth…
Read MoreOakwood Premier to Make Kuala Lumpur Debut
Main Photo: The new Oakwood Kuala Lumpur Date: November 2021 Name: Oakwood Premier Kuala Lumpur – opening December 2024 Location: Merdeka 118 Precinct, Kuala Lumpur, Malaysia Number of Keys: 348 Seller: TBA Buyer: PNB Merdeka Ventures Oakwood has signed a management agreement with PNB Merdeka Ventures, to debut the Oakwood Premier brand at the Merdeka…
Read MoreMollie’s Motel & Diner to Grow to 100 sites in the Next 10 Years
Main Photo: Mollie’s Motel & Diner Date: November 2021 Name: Mollie’s Motel & Diner Locations: UK-wide Number of Keys: 750 – 1,000 over the next 10 years; Manchester 123 Keys Seller: TBA Buyer: Mollie’s Motel & Diner Mollie’s Motel & Diner aims to grow to 100 sites in the next 10 years. Originally conceived by…
Read MorecitizenM Raises $1bn For Expansion
Main Photo: citizenM New York Times Square Date: November 2021 Name: citizenM Location: Global – Europe, USA and Asia Number of Keys: 20 hotels – 4,760 open with a further 16 planned to take them to 8,545 keys Seller: N/A Buyer: GIC, APG Asset Management and KRC Capital CitizenM has raised US$ 1 billion in…
Read MoreLondon Town Group Appoints Cycas To Manage Three London Hotels
Main Photo: Mercure London Hyde Park Date: November 2021 Name: Mercure London Hyde Park, Mercure London Paddington, Hotel Indigo London Paddington Location: London, UK Number of Keys: 72, 86 & 64 – 222 in total Owner: London Town Group Manager: Cycas Hospitality Cycas Hospitality is to operate three upscale boutique hotels as part of a…
Read MoreSummit Hotel Properties to Acquire 27-Hotel Portfolio From NewcrestImage for US$822M
Main Photo: The Hyatt Place Dallas Grapevine, one of the 27 hotels acquired Date: November 2021 Names: Various under Marriott, Hilton and Hyatt brand names – see below Location: Dallas/Fort Worth, Texas, USA Number of Keys: 3,709 Seller: NewcrestImage Buyer: Summit Hotel Properties Inc. and GIC Private Limited US-based Summit Hotel Properties Inc. and joint…
Read MoreMarriott International Brings St. Regis and EDITION Brands to Red Sea Project
Main Photo: St Regis Red Sea Resort Date: November 2021 Names: St Regis Red Sea Resort & The Red Sea EDITION – due to open end 2023 Location: The Red Sea Project, West Coast of Saudi Arabia Number of Keys: 90 Villas (St Regis) and 240 rooms and suites (EDITION) Seller: TBA Buyer: Red Sea…
Read MoreIntrepid Travel Expands Into Hotels With Launch of Drifter
Main Photo: The new Drifter Christchurch, NZ Date: November 2021 Name: Drifter – an Intrepid Hotel Locations: Initially Auckland, Wellington and Christchurch in 2022 with plans to secure an East Coast Australia property in 2022 Number of Keys: Christchurch – 95; Others will be between 60-150 Seller: The site was built in 1919 as the…
Read MoreLouvre Hotels Launches Capsule Hostel Brand HoSho
Main Photo: The new HoSho Brand by Louvre Hotels Date: November 2021 Name: Hotel HoSho Paris Sud Porte d’Italie Location: South Paris, France Number of Keys: 39 rooms – 246 beds! Seller: The building was an office block Buyer: A franchise partner with Louvre Hotels, owned by Chinese Jin Jiang Louvre Hotels Group has launched…
Read MoreThe Signet Collection Announces Second Hotel Site – The Retreat Elcot Park
Main Photo: The Elcot Park, currently a Mercure Hotel Date: November 2021 Name: The Retreat Elcot Park – to Reopen Spring 2022 Location: Newbury, Berkshire, England, UK Number of Keys: Was 73 will reopen as 55 Seller: S Hotels & Resorts – Singha Estate, who have some 30 hotels in the UK and are looking…
Read MoreVISIONAPARTMENTS Acquires Two Ibis Styles Properties with 82 Apartments in the Centre of Geneva
Main Photo: The Ibis Styles Mont Blanc to be Rebranded VISIONAPARTMENTS Date: November 2021 Name: The former Ibis Styles Genève Mont Blanc and the Ibis Styles Genève Centre Gare – to Rebrand as VISIONAPARTMENTS Hotel Mont Blanc and VISIONAPARTMENTS Hotel Gare Location: Centre of Geneva, Switzerland Number of Keys: 30 & 52 Seller: Accor Buyer:…
Read MoreBain Capital Credit and Stoneweg Hospitality Acquire 384 Room Marbella Hotel….To Become a Hard Rock
Main Photo: The Andalucia Plaza Hotel – to reopen June 2022 Date: June 2021 – Updated November 2021 Location: Puerto Banus, Marbella, Spain Name: The Andalucia Plaza…to become a Hard Rock Hotel Related Posts Stoneweg Consolidates Hospitality Expertise Into Dedicated Platform Hard Rock to Open Second India Hotel Hard Rock to Open Madrid Hotel in 2019
Read MoreLimestone Capital Buys Mar Y Pins Hotel Mallorca To Rebrand Aethos
Main Photo: The Mar Y Pins Hotel, to be rebranded Aethos Mallorca Date: November 2021 Name: The Mar Y Pins Hotel, to be rebranded Aethos Mallorca Location: Peguera, 25 km Palma de Mallorca Airport Number of Keys: 51 Seller: Harald Fischl, an Austrian entrepreneur, who remains a partner and minority shareholder. He acquired the hotel…
Read MoreElectra America Hospitality Group (EAHG) Acquires Conrad Miami Hotel
Main Photo: The newly-named AKA Brickell Date: October 2021 Name: Conrad Miami, rebranded on acquisition to AKA Brickell Location: Miami, Florida, USA Number of Keys: 201 Seller: Mast Capital and Angelo Gordon & Co. Buyer: Electra America Hospitality Group (EAHG) The Electra America Hospitality Group (EAHG) has purchased the Conrad Miami hotel and has rebranded…
Read MoreKE Hotels Opens New Moxy Manchester City In Spinningfields Area In November 2021
Main Photo: The new Moxy Manchester Date: October 2021 Name: Moxy Manchester City Location: Spinningfields, Manchester, England, UK Number of Keys: 146 Seller: Since it’s construction in the 18th century, the building has been home to a variety of local businesses including a soda water factory, a manufacturing chemist, a hat works and, most notably,…
Read MoreNo Standing Room or Bathrooms at Spain’s Pod Hotels, Bilbao and Coming Soon, Madrid
Main Photo: The Optimi “Rooms” Date: October 2021 Name: Optimi Rooms Bilbao, and coming soon Optimi Rooms Madrid Location: Bilbao, opened 2019…Madrid due to open Q4 2021 Number of Keys: 48 in Bilbao; Madrid – 82 Seller: TBA Buyer: Partners Inaki Zabala and Iker Caballero They look more like spaceships than hotels. White walls, neon…
Read MoreKKR Snaps Up Sofitel Sydney Wentworth Hotel for AUD$315 million
Main Photo: The impressive looking Sofitel Wentworth Date: October 2021 Name: Sofitel Sydney Wentworth Hotel Location: Sydney’s Financial District, NSW, Australia Number of Keys: 436 Seller: Frasers Hospitality Trust Buyer: Kohlberg Kravis Roberts – KKR Private equity giant Kohlberg Kravis Roberts (KKR) has snapped up the Sofitel Sydney Wentworth hotel, the favoured haunt for the…
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