Recent Deals
Four Seasons to Enter Yacht Market To Be Headed Up By Larry Pimentel
Main Photo: Four Seasons Yachts – image envisaged Date: October 2022 Name: Four Seasons Yacht – to be up and sailing by end 2025 Location: TBA Number of Keys: 95 suites Seller: Brand New Vessel Buyer: Marc-Henry Cruise Holdings LTD, owner and joint operator of Four Seasons Yacht Yet another hotel brand is entering the…
Read MoreSomera Capital Acquires Quorum Hotels & Resorts in USA
Main Photo: The Hilton DFW Lakes, one of the Quorum hotels Date: October 2022 Name: Somera Capital Management and Quorum Hotels & Resorts Location: Somera is California and Washington DC based…Quorum is Dallas based and currently operates properties in Texas, California, Arizona, South Carolina, Georgia and Kentucky, USA Number of Keys: Quorum currently have 11…
Read MoreFattal Group – Leonardo Hotels, Acquires the 114-Year Old Dilly Hotel London, Formerly Le Meridien For Around £90m
Main Photo: The Dilly Hotel, formerly The Piccadilly (GrandMet 1970s) and then Le Meridien (Forte 1980s) Date: October 2022 Name: The Dilly Location: Heart of London’s Piccadilly, right by Eros and Piccadilly Circus, England, UK Number of Keys: 280 Seller: Archer Capital Buyer: Fattal Group Fattal Group, owner of Leonardo Hotels UK and Ireland, has…
Read MoreNew Maldron Hotel Opens On Dublin’s Merrion Road
Main Photo: The newly-opened Maldron Merron Road, Dublin Date: October 2022 Name: Maldron Hotel Merrion Road Location: Merrion Road, Dublin, Ireland Number of Keys: 140 plus 64 apartments, five townhouses, and a basement car park, where the hotel has access to 68 car-parking spaces, in a mixed-use development Seller: The site was the Tara Towers…
Read MoreHyatt Sign Exclusive Collaboration Agreement With lindner Hotels AG To Add 30 New Hotels Across Europe
Main Photo: Lindner Hotel & Residence Main Plaza, Frankfurt…one of the 30 hotels to be rebranded Hyatt Date: October 2022 Name: Hyatt Hotels Corporation and Lindner Hotels AG – The majority of the properties are slated to transition to the JdV by Hyatt brand Locations: 30 hotels across seven European countries Number of Keys: 5,500…
Read MoreTropicana and Marriott Join Hands to Open New 270-Key Five-Star Sheraton Resort in Langkawi, Malaysia
Main Photo: A model of what the new Sheraton Resort will look like; Photo credit: Mohd Izwan Mohd Nazam/The Edge Date: October 2022 Name: Sheraton Langkawi Resort and Spa – to open 2029/30 Location: Tropicana Cenang, Langkawi, Malaysia Number of Keys: 270 Seller: The resort hotel It is part of the 5.3-acre Tropicana Cenang development, which…
Read MoreAtenor & Ennismore To Open New TRIBE Hotel in Warsaw
Main Photo: The TRIBE Hotel Canary Wharf, opened in August 2022 Date: October 2022 Name: TRIBE Warsaw Airport Location: FORT 7 project, Wlochy district, near Warsaw Chopin Airport, Poland Number of Keys: 266 Seller: Merchant Holdings Buyer: Belgium’s Atenor, who acquired the land as a development site in May 2019, from Merchant Holdings. The property…
Read MoreTravelodge Hotels Asia Acquire Two Hotels To Expand Their Footprint in Japan
Main Photo: The UNIZO INN Kyoto Kawaramachi Shijo, as is…one of the two hotels acquired by Travelodge Hotels Asia Date: October 2022 Name: The UNIZO INN Kyoto Kawaramachi Shijo and One Five Midosuji Hotel in Osaka, both to become Travelodge hotels…. Travelodge Kyoto Shijo Kawaramachi in Q1 2023 and Travelodge Honmachi Osaka in Q4 2022…
Read MoreTrinity Investments Acquires Hyatt Regency Greenwich
Main Photo: The Hyatt Regency…latest addition to Trinity RE’s Fund Date: October 2022 Name: Hyatt Regency Greenwich Location: Greenwich, Conneticut, USA Number of Keys: 373 Seller: TBA….The hotel was built up in the mid-1980s, on the grounds of the old Condé Nast campus. It has incorporated some elements of the old magazine-publishing complex, including the…
Read MoreSt. Lucia in Discussions to Bring a Planet Hollywood Resort to Rodney Bay
Main Photo: The Planet Hollywood in Costa Rica Date: October 2022 Name: Planet Hollywood Hotels & Resorts Location: Rodney Bay, St Lucia Number of Keys: TBA Seller: The Planet Hollywood would be located at the site of the old Rex St. Lucia hotel. It is noted that there has yet to be a finalized deal.…
Read MoreAccor Debuts Novotel Mexico City World Trade Center
Main Photo: The new style Novotel bedroom, at the new Novotel Mexico City Date: October 2022 Name: Novotel Mexico City World Trade Center Location: World Trade Center, Mexico City, Mexico Number of Keys: 106 Seller: TBA Buyer: TBA Accor has announced the opening of Novotel Mexico City World Trade Center, a new modern hotel offering…
Read MoreExpo Hotel Valencia, Sold by Grupo Selenta To The Swiss Funds of Pictet
Main Photo: The Expo Hotel Valencia Date: October 2022 Name: Expo Hotel Valencia Location: Alameda, Turia Gardens, Valencia, Spain Number of Keys: 377 Seller: Gruppo Selenta – the Mestre family Buyer: Pictet Alternativa Advisors, with €609bn AUM The largest hotel sale in the city of Turia since the pandemic . Funds managed and/or advised by Pictet from…
Read MoreRedevco Enters Hotel Sector With €80m Foray Into Iberian Market
Main Photo: The Le 31 mixed-use development in Lille, with two hotels – Hyatt Centric and Stay KooooK by SV Hotel Date: October 2022 Name: Redevco Location: Spain & Portugal – Lisbon, Bilbao, Seville, Porto, and Malaga Number of Keys: TBA Seller: TBA Buyer: Redevco, who manage 280 assets in 12 countries across various portfolios…
Read MoreAimbridge EMEA Replaces Interstate as Their EMEA Brand
Date: September 2022 Location: Global – Affects EMEA What Did They Say: No longer Interstate…now Aimbridge EMEA Who They: Aimbridge Hospitality, the parent company that acquired Interstate Hotels & Resorts in 2019 Main photo: The Hotel Indigo The Hague, an Interstate managed hotel After spending many years as one of the most well-known global third-party management…
Read MoreIHG Expands European Presence With Five New Hotel Signings With Grape Hospitality In Spain, France & Italy
Main Photo: The Hotel Indigo Florence – envisaged…one for five new IHG hotels for Grape Hospitality Date: September 2022 Names: voco Madrid Centre Retiro, Crowne Plaza Madrid Centre Retiro, Hotel Indigo Florence, Hotel Indigo Bordeaux and Hotel Indigo Barcelona Gran Via Plaza Espana – Opening 2023/24 Locations: Madrid and Barcelona, Spain, Florence, Italy and Bordeaux,…
Read MoreB&B Hotels Launches UK Expansion Aiming For 100 Hotels By 2035
Main Photo: The B&B Hotel at Lisbon Airport Date: September 2022 Name: B&B Hotels Locations: B&B Hotels currently has more than 650 hotels across 14 European countries, with the UK being a new location for them Number of Keys: Currently 59,000! UK with 100 hotels should yield another 9,000 or so Sellers: They are looking…
Read MoreHyatt and Kiraku Unveil New Hospitality Brand JV To Launch Modern Style Ryokans in Japan Under ATONA Brand Name
Main Photo: The new ATONA logo/brand Date: September 2022 Name: ATONA – to be launched 2025 Locations: Across Japan Number of Keys: TBA JV Partners: Hyatt and Kiraku will each own fifty percent of the joint venture to develop this new offering Hyatt Hotels Corporation announced that a Hyatt affiliate and Kiraku, Inc. have entered into a strategic…
Read MoreUAE Gets Own ‘Casino Consortium’ as Wynn Resort Causes Investment Push
Date: September 2022 Location: Ras Al Khaimah, UAE What Did They Say: Gaming getting closer to UAE Who They: A consortium focusing on gaming has been created in the UAE – Carter Hones Associates, WT Partnership and Westar Architects International Main photo: The planned Wynn “mega-resort” planned to open 2026 A consortium focusing on gaming…
Read MoreIHG Signs Deal to Open Dual-Branded Crowne Plaza and Hoilday Inn Express at Stockholm Airport, Sweden
Main Photo: IHG’s Crowne Plaza & Holiday Inn Express Stockholm Arlanda Airport in Sweden. Photo credit: Björnbäckens Fastighets AB/© InterContinental Hotels Group Date: September 2022 Name: Crowne Plaza & Holiday inn Express Arlanda Airport to open 2026 Location: Arlanda Airport, Stockholm, Sweden Number of Keys: 420 – 120 in Crowne Plaza and 300 in Holiday…
Read MoreYorkshire-Based Developers North Star and Countrylarge Acquire Hotel Plot near Manchester’s Piccadilly from Japanese Hotel Group Toyoko For A Room2 Hotel
Main Photo: The site of the proposed new Room2 hotel – imagined; photo credit: Royal Pilgrim Date: September 2022 Name: Room2 Manchester Location: Piccadilly, Manchester, England, UK Number of Keys: 180 Seller: The site has been destined to become a hotel, going back to Yotel in 2013…and more recently Japanese hotel group Toyoko were granted…
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