Recent Deals
Buro Ole Scheeren Designs Two Hotels With “Hanging Gardens” for Chinese Resort Sanya For CDF Investment & Development
Main Photo: The two hotels, pushing the boundaries on hotel design Date: September 2022 Name: The Regent Sanya Bay and Hotel Indigo Sanya Bay – Sanya Horizons….due to open 2026 Location: Sanya, Hainan Island, Southern China Number of Keys: TBA Seller: TBA Buyer: CDF Investment & Development Büro Ole Scheeren has unveiled designs for a hotel building made…
Read MoreSaudi Arabia’s NEOM Backs US $350m 5-Star Hot Air Balloon Hotel Project – Nimbus
Main Photo: The outline plan! Date: September 2022 Name: Nimbus Location: UAE/Saudi Arabia – can move freely! Number of Keys: TBA Seller: Dreamed up by 4 students at Cornell – much beer involved! Buyer: Saudi Arabia’s NEOM Tech & Digital Company, rebranded this week as Tonomus looking to back the concept A proposed US$350 million…
Read MoreGreek Sani/Ikos Group Enters Strategic Partnership Agreement with GIC Valuing the Business at €2.3bn
Main Photo: The Blau Porto Petro, an Ikos acquisition in September 2021 Date: September 2022 Name: Sani Resorts and Ikos Resorts – SIG Locations: Spain and Greece Number of Keys: 11 hotels between the two brands…Keys TBA Seller: GIC will be buying the stakes from investors that include Oaktree Capital Management, Goldman Sachs Asset Management,…
Read MoreSaudi Arabia to Bid US$40bn for FIFA 2030 World Cup
Main Photo: What the FIFA World Cup Fanzone might look like! Date: September 2022 Name: FIFA 2030 World Cup Location: It is understood the Saudis will make a joint bid, with Egypt and Greece as co-hosts Number of Keys: in 2022: The World Cup is expected to attract more than one million visitors, but by…
Read MorePandox Acquires DoubleTree By Hilton Bath, UK Hotel for £40m
Main Photo: The DoubleTree by Hilton Bath Date: September 2022 Name: DoubleTree by Hilton Bath Location: Pulteney Bridge, Bath, England, UK Number of Keys: 176 Seller: Starwood Capital, who acquired the hotel in a seven-strong Hilton deal in 2018, for £135m from Park Hotels Buyer: Pandox Swedish property operator, Pandox, has acquired The DoubleTree by Hilton Bath for £40m.…
Read MoreFabege Signs Loan Deal with Nordska Investeringsbanken for SEK 432.5m for Scandinavia’s First Zero-Energy Hotel in Solna
Main Photo: The Arenastaden Hotel, Solna Date: September 2022 Name: Nationalarenan 3 Location: Arenastaden, Solna, just outside Stockholm, Sweden Number of Keys: 336 rooms, 88 long-stay apartments and Nordic Choice Hotel’s Swedish headquarters Owner: Fabege, the owners of Solna Business Park Lender: Nordiska Investeringsbanken (NIB) Nordiska Investeringsbanken (NIB) and Fabege have agreed on a 10-year…
Read MorePandox to Sell InterContinental Montreal for CAN $80m
Main Photo: The InterContinental Montreal Date: September 2022 Name: The InterContinental Montreal Location: Saint Antoine Ouest, Montreal, Quebec, Canada Number of Keys: 337 Seller: Sweden’s Pandox, who acquired the hotel in 2007 for CAN$49m, from a JV of InterContinental Hotels Group and Cadim, a division of the Caisse de dépôt et placement du Québec Buyer:…
Read MoreRotana Announces Two New Dubai Hotels: Arabian Park & Damac Hills 2
Main Photo: The Damac Hills 2 Hotel – imagined Date: September 2022 Names: Arabian Park Hotel and Damac Hills 2 Hotel – opening October and November 2022 Locations: Arabian Park will be located in Al Jaddaf; Damac Hills 2 hotel is located in the Akoya Oxygen community…both in Dubai, UAE Number of Keys: 328 and…
Read MoreBain Capital and Omnam Group JV To Rebrand The Hotel Britannia Excelsior at Lake Como, Italy to Lake Como Edition
Main Photo: Marriott’s sister Lake Como hotel – The Sheraton Date: September 2022 Name: Hotel Britannia Excelsior to rebrand as the Lake Como Edition – to reopen 2025 Location: Lake Como, Italy Number of Keys: 285 to become 145 luxury rooms to include two penthouse suites Seller: Private family company, Doros Holdings: Whieldon Ross Stacey…
Read MoreAleph Hospitality Expands Middle East Footprint With New Management Agreement for La Maison Doha
Main Photo: The Doha hotel skyline including the Aleph Doha Residences, Curio Collection by Hilton Date: September 2022 Name: La Maison – to open in time for the FIFA World Cup November, 2022 Location: Doha’s Ben Mahmoud area, Qatar Number of Keys: 448 guestrooms and serviced apartments spread over three towers Seller: TBA Buyer/Owner: TBA Earlier…
Read MoreThe Hoxton Shepherds Bush To Open December 2022
Main Photo: The new Hoxton Shepherds Bush – imagined Date: September 2022 Name: The Hoxton, Shepherd’s Bush Location: The north end of Shepherd’s Bush Green, close to Shepherd’s Bush Market, Bush Hall and music venue Shepherd’s Bush Empire Number of Keys: 237 Seller: TBA…the site was the local Post Office Buyer: Ennismore, a JV company…
Read MoreCore Hospitality JV With Danish Developer A Enggaard To Bring Moxy Hotels to Aarhus, Denmark
Main Photo: The new Moxy Aarhus – imagined Date: September 2022 Name: Moxy Aarhus – to open 2026 Location: A new district, Sydhavnskvarteret, is being developed in Aarhus with a huge focus on assembling culture, business, and entrepreneurship, where the Moxy will open Number of Keys: TBA Seller: The new development is being undertaken by…
Read MoreSweden’s ESS Group To Open 11th Hotel, in Gothenburg November 2022
Main Photo: The interior lounge shot of the new Jacy’z Date: September 2022 Name: Jacy’z Hotel & Resort – opening November 2022 Location: Garda, Gothenberg, Sweden Number of Keys: 233 Seller: TBA Buyer: ESS Group In November, ESS Group will open it’s 11th hotel destination, originally planned to called Jimmy’z in Gothenburg, Sweden. The name…
Read MoreWyndham Hotels & Resorts Acquires European Hotel Brand Vienna House For €44m
Main Photo: The 557 Vienna House Andel’s hotel in Berlin Date: September 2022 Name: Wyndham Hotels & Resorts – Vienna House – to create Vienne House by Wyndham Locations: 28 hotels in Germany plus 12 in Austria and surrounding countries Number of Keys: 40 hotels – 6,000 keys Seller: Berlin based HR Group Buyer: Wyndham…
Read MoreEnnismore Partner With Related Group To Launch SLS Bahia Beach Residences In Novo Cancun, Mexico
Main Photo: The SLS Bahia Beach, due to open in xx Date: September 2022 Name: SLS Bahia Beach Location: Novo Cancun, Mexico Number of Keys: 111 residential condominiums of 2 to 4 bedrooms, including 6 penthouses plus 45 suites in the SLS Cancun Hotel, which opened in February 2021 Seller: TBA Buyer: The project is…
Read MoreNordic Hotels & Resorts Opens Art Deco Sommerro Hotel in Oslo
Main Photo: The exterior of the new art-deco Sommerro Date: September 2022 Name: Sommerro Location: Frogner, Oslo, Norway Number of Keys: 231 rooms and suites, including 56 residences Seller: The site was the former headquarters of Oslo Lysverker, the city’s original electrical company Buyer: Nordic Hotels & Resorts Nordic Hotels & Resorts has announced the…
Read MoreRadisson Hotel Group to Expand Footprint Across Australasia With Fresh Brands
Main Photo: The Radisson Blu, Sydney Date: September 2022 Name: Radisson Hotel Group with ten or so brands Location: Australasia Number of Keys: TBA Owner: Jin Jiang Hotels, with 30-odd brands of their own! Radisson Hotel Group has today announced significant expansion plans for Australasia, with a newly expanded brand portfolio, strategic partnerships and diverse…
Read MoreBlackstone’s & Apple Leisure Group’s Hotel Investment Partners – HIP Open Dreams Corfu After €30m Renovation
Main Photo: The new Dreams Corfu, previously the Corcyra Beach Hotel Date: September 2022 Name: Dreams Corfu Resort & Spa Location: Gouvia, Corfu, Greece Number of Keys: 235 now with plans to extend to 337 by 2023 Seller: The hotel was one of five sold to Blackstone in September 2019 Buyer: Blackstone and Apple Leisure…
Read MoreSieger Suarez Architects and Carlos Ott design Miami’s First Supertall Skyscraper To Become Waldorf Astoria Miami To Open 2026
Main Photo: The building-block Jenga-style Waldorf Astoria Miami Date: September 2022 Name: Waldorf Astoria Miami – due to open 2026 Location: Biscayne Boulevard, Miami, Florida, USA Number of Keys: TBA Seller: TBA Buyer: Developer is PMG, who is behind 111 W 57th Street, the skinniest skyscraper in the world recently completed in Manhattan Sieger Suarez Architects…
Read MoreEdyn Acquires NH Kensington to Further Locke Expansion
Main Photo: Huntingdon House, as was before it became the NH Kensington Date: September 2022 Name: TBC – Locke Kensington? – to open June 2023 Location: Top end Cromwell Road where Earls Court becomes Kensington, West London, England, UK Number of Keys: Will be 121 apartments from studio to one and two bedroom Seller: TBA…
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