Recent Deals
Frasers Property Makes Offer to Privatise Frasers Hospitality Trust at SIN 70 Cents Per Unit
Main Photo: The Fraser Suites Sydney, one of the 14 assets within this deal Date: June 2022 Name: Frasers Hospitality Trust Location: HQ Singapore – properties globally Number of Keys: 2,635….Frasers have some 120 properties, under seven brands…although FHT own just 14 assets across 9 cities in Asia, Australia and Europe, as per this deal…
Read MoreWyndham Garden Enters Turkey With Stylish 346-Key Wyndham Garden Lara in Antalya
Main Photo: The new Wyndham Garden Lara, opened in April 2022 Date: June 2022 Name: Wyndham Garden Lara Location: Antayla, Turkey Number of Keys: 346 Seller: The site was the Family Suites Lara Buyer: The hotel is still owned by Beril Tourism Wyndham Hotels & Resorts, the world’s largest hotel franchising company by number of…
Read MoreEdinburgh Council Agrees to 25-year Lease for Scotland’s First Hyatt Hotel
Main Photo: The new Hyatt Centric – imagined Date: June 2022 Name: Hyatt Centric Edinburgh – opening 2025 Location: Haymarket, Edinburgh, Scotland, UK Number of Keys: 349 Seller: TBA Buyer: M&G Real Estate in partnership with developer – Qmile Group The City of Edinburgh Council has agreed to a 25-year lease with M&G Real Estate…
Read MoreTravelodge Reveals it’s Current Hotel Development Schedule for 2022 and 2023
Main Photo: The new Travelodge Wimbledon, to open late 2022 – imagined Date: June 2022 Name: Travelodge Locations: Across the UK Number of Keys: UK & Ireland Buyer: Travelodge. the UK’s second largest hotel chain, announces its current hotel development schedule. This includes plans to open six UK hotels in 2022 (including the group’s first new…
Read MoreAccor Opens First Mövenpick in Croatia – Zagreb
Main Photo: The new Moevenpick Zagreb Date: June 2022 Name: Moevenpick Zagreb Location: The modern business zone of New Zagreb, ten minutes’ drive from the airport and twenty minutes’ drive from the city centre. Number of Keys: 104 Seller: TBA Buyer: MPPD, an independent, vertically integrated real estate development company, whose primary focus is hospitality…
Read MoreCentral Pattana – Centara Hotels & Resort To Invest Thai Baht 10bn in 37 Hotel Projects in Thailand
Main Photo: The Hilton Pattaya, one of two hotels currently owned by CPN Date: June 2022 Name: Centara Hotels and Resorts Locations: 27 Provinces across Thailand Number of Keys: 37 hotels – 4,000 keys Seller: Various Buyer/Investor: Central Pattana Central Pattana Plc (CPN) is rolling out 37 hotel projects in 27 provinces worth a combined…
Read MoreChoice Hotels’ Cambria Hotels Brand Awards Ten New Franchise Agreements
Main Photo: The Cambria prototype design Photo Credit: Jeffrey Francisco/Unsplash Date: June 2022 Name: Cambria Hotels Locations: Tracy in California, Buckeye in Arizona, Palmdale in California, Sacramento in California, Seekonk in Massachusetts, Southaven in Mississippi, West Yarmouth in Massachusetts, Medford in Oregon, Portsmouth in New Hampshire and Sevierville in Tennessee…all in the USA Number of…
Read MoreThe Oscar Seppeltsfield, Barossa Finally Gets Go-Ahead To Open 2024 – AUD50m To Open
Main Photo: The artist’s impression for the new Wine Hotel Date: June 2022 Name: The Oscar Seppeltsfield – to open 2024 Location: Seppeltsfeild Vineyard, Barossa, South Australia Number of Keys: 71 rooms, suites and penthouses Seller: An old Seppeltsfield winery Buyer: The project is being funded by a group of South Australian businessmen, headed up…
Read MoreHilton To Open 358-Room Hampton by Hilton Hotel In Vienna By 2024
Main Photo: The proposed Hampton by Hilton Vienna City West Date: June 2022 Name: Hampton by Hilton Vienna City West – opening Autumn 2024 Location: Diefenbachgasse, 40 minutes from Vienna’s airport by public transport and 15-minute walk from Vienna’s major railway station, Wien Westbahnhof Number of Keys: 358, making it the largest Hampton in Europe…
Read MoreAman Announces Aman Beverly Hills – Opening 2026
Main Photo: The approach to the new Aman Beverly Hills – imagined Date: June 2022 Name: Aman Beverly Hills – opening 2026 Location: Intersection of Wilshire and Santa Monica Boulevards, a mile from the world-renowned Rodeo Drive, Los Angeles, California, USA Number of Keys: Seller: TBA Buyer: Cain International in partnership with Alagem Capital Aman,…
Read MoreChoice Hotels International to Acquire Radisson Hotel Group Americas for US$675m
Main Photo: The Radisson Blu Aqua Hotel, Chicago Date: June 2022 Name: Choice Hotels International & Radisson Hotel Group Location: The Americas Number of Keys: 624 hotels – 68,000 keys Seller: Radisson Hotel Group, owned by Chinese Jin Jiang Buyer: Choice Hotels International Choice Hotels International and Radisson Hotel Group announced that Choice Hotels has…
Read MoreRestaurateur, Charlie Palmer and Four Seasons Veteran, Christopher Hunsberger Launch Appellation Brand in USA
Main Photo: The bedroom style of Appellation Healdsburg, imagined Date: June 2022 Name: Appellation Hotels, with first three three planned as Appellation Sun Valley (2023) and two regions in California with Appellation Healdsburg (2023) and Appellation Pacific Grove (2024). Locations: First three: Sun Valley, Idaho; Healdsburg and Pacific Grove – both in California, USA Number…
Read MoreMGM Resorts Sell Gold Strike Tunica Hotel & Casino Resort to Cherokee Nation, Owners of Hard Rock For $450m
Main Photo: Golf at Tunica – several courses to choose from Date: June 2022 Name: Gold Strike Location: Tunica Resorts, 20 minutes south of Memphis, MS, USA Number of Keys: 1,258 Seller: MGM Resorts International, whose portfolio encompasses 33 hotel and gaming destinations globally, including those under brands such as Bellagio, Aria, Delano and Mandalay…
Read MoreService Properties Trust Closes On The Sale of 22 Additional Sonesta-Branded US Hotels
Main Photo: The Chase Park Plaza Royal Sonesta St Louis Date: June 2022 Name: Service Properties Trust – SVC Locations: Across the USA Number of Keys: 6,248 sold previously….1,781 in this deal Seller: Service Properties Trust Buyer: TBA Service Properties Trust has announced progress on it’s previously announced plan to sell 68 Sonesta branded hotels.…
Read MoreRadisson Hotel Group Opens it’s 14th South African Hotel in Durban – Radisson Blu Durban Umhlanga
Main Photo: The new Radisson Blu, the first to open in Durban, South Africa Date: May 2022 Name: Radisson Blu Hotel, Durban Umhlanga Location: Umhlanga Beach, Durban, South Africa Number of Keys: 206 Seller: TBA Buyer: The hotel is part of the Mall development by Oceans Umhlanga Radisson Hotel Group has announced it’s entry into…
Read MoreSunstone Hotel Investors Completes Acquisition of The Confidante Miami Beach For $232m
Main Photo: The Pool at The Confidante Date: May 2022 Name: The Confidante Miami Beach, an Unbound Collection by Hyatt hotel…to become the Andaz Miami Beach Location: 4041 Collins Avenue, Miami Beach, Florida, USA Number of Keys: 339, although some reports suggest 354 to include 14 suites Seller: Hyatt who purchased the hotel from Geolo…
Read MoreAzora Acquires Fourth Portugal Hotel – Pestana Blue Alvor
Main Photo: The Pestana Blue Alvor, in the Algarve Date: May 2022 Name: Pestana Blue Alvor Location: Alvor, South Coast Algarve, Portugal Number of Keys: 500 Seller: Pestana Hotel Group, who will continue to manage the hotel Buyer: The Azora European Hotel & Lodging, F.C.R. Azora, the Madrid-based European real estate investment manager, has completed…
Read MorePlanning Permission Granted For 60-room Hotel at Warwick Castle
Main Photo: Warwick Castle, whose roots go back to William the Conquerer, 1068! Date: May 2022 Name: Warwick Castle – plans to open late 2023 Location: Warwick, 20 minutes drive North-East of Stratford-upon-Avon, Warwickshire, England, UK Number of Keys: 60 Owner: Merlin Entertainments, who have managed the Castle since 2007 on behalf of Secure Income…
Read MorePartners Group and Trinity Investments Acquire Four Seasons Resort Dallas Las Colinas
Main Photo: The Four Seasons Dallas Date: May 2022 Name: The Four Seasons Dallas at Las Colinas Location: Las Colinas, Dallas Metroplex, Irving, Texas, USA Number of Keys: 431 Seller: The hotel was acquired by NY-based Extell Development off Blackstone RE for around $235m, in 2018. We think Blackstone paid $150m for the hotel in…
Read MoreRadisson Extends Partnership With PPHE To Expand Brands
Main Photo: The artotel Berlin Mitte Date: May 2022 Name: PPHE – Park Plaza Hotel Europe and Radisson Hotel Group Locations: EMEA Number of Keys: TBA Radisson Hotel Group and UK-based owner operator PPHE have extended their strategic partnership, promising both the opportunity to accelerate growth. PPHE has for two decades been the master franchisee…
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