Four Seasons to Enter Yacht Market To Be Headed Up By Larry Pimentel
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Author: Dev Anand
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…
UK’s Cain International and Sovereign Wealth Fund of Saudi Arabia Invest US $900m In Aman Group
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Author: Dev Anand
Main Photo: Amangiri, Canyon Point, Utah one of the 34 hotels, resorts and residences under the luxury Aman brand, with 9 more in the pipeline Date: August 2022 Name: Aman Group Locations: Global – 26 in Asia, 8 in USA and Caribbean and the balance 8 in Europe and Africa Number of Keys: TBA Seller:…
Selina Opened Six Hotels and Signed Eight Properties Globally in Second Quarter 2022
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Author: Dev Anand
Main Photo: Selina Paros, Greece Date: August 2022 Name: Selina Hotels Locations: Opens 1,788 beds spaces within eight properties in Greece, Australia, Portugal, Panama, the United States, Morocco, and Israel – Signs 3,204 bed spaces within eight new properties and two expansions across Australia, the United States, Greece, Mexico, Portugal, Panama, and Israel Number of…
Room Mate Hotels Close to Sale To Angelo Gordon Westmont JV
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Author: Dev Anand
Main Photo: The bedroom at Room Mate Macarena – Gran Via, Madrid Date: July 2022 Name: Room Mate Hotels and Be Mate serviced apartments Location: Across Europe: Spain, France, Netherlands, Italy and Miami & New York, Istanbul and Mexico City Number of Keys: 2,000 across 28 properties Seller: Room Mate, started by Olympic equestrian Kike…
CapitaLand’s Ascott Acquires Oakwood Worldwide To Fast-Track Growth To Over 150,000 Units Globally
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Author: Dev Anand
Main Photo: Oakwood Premier Melbourne, Australia Date: July 2022 Name: The Ascott Limited and Oakwood Worldwide Locations: It will add new markets which include Cheongju in South Korea; Zhangjiakou and Qingdao in China; Dhaka in Bangladesh as well as Washington D.C. in the USA Number of Keys: The acquisition increases Ascott’s global portfolio by 81…
Accor In Talks To Sell €185m Ennismore Stake To Qatari Consortium
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Author: Dev Anand
Main Photo: The Hoxton Barcelona, an Ennismore hotel Date: June 2022 Name: Ennismore Locations: Global Number of Keys: 130 hotels – Keys: TBA Seller: Accor/Sharan Pasricha Buyer: A Qatari consortium, with the deal to include €20m of Shariah compliant financing by Qatar First Bank to the Qatari consortium’s investment vehicle. Accor is in talks to…
Frasers Property Makes Offer to Privatise Frasers Hospitality Trust at SIN 70 Cents Per Unit
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Author: Dev Anand
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…
Hilton Plans to More Than Double Lifestyle Portfolio Over Next Decade
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Author: Dev Anand
Main Photo: The new Motto by Hilton Sao Paolo Ibirapuera – imagined Date: May 2022 Names: Hilton – brands such as Canopy by Hilton, Tempo by Hilton and Motto by Hilton hotels Locations: Global Number of Keys: TBA Buyers: Various The pipeline of properties in Hilton’s lifestyle category is expected to more than double over…
Wyndham to Launch Extended-Stay Economy Brand
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Author: Dev Anand
Main Photo: The look and feel of the new Wyndham brand, as yet unnamed Date: May 2022 Name: TBA Location: Global Number of Keys: TBA Owner: As usual individual franchise partners Brand Owner: Wyndham Hotels & Resorts Wyndham Hotels & Resorts is on track to launch it’s first extended-stay brand for the economy segment later this…
Preferred Hotels Signs 13 New Hotels Last Qtr 2021
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Author: Dev Anand
Main Photo: The Fox Harb’r Resort, Nova Scotia, Canada Date: February 2022 Name: Various Locations: Global…from Mexico City, to Florida and Miami in USA, Georgia CIS to Paris and Tring in Europe Number of Keys: TBA Owners: All independant Preferred Hotels & Resorts, the world’s largest independent hotel brand representing more than 700 hotels, resorts,…
Tui Raises €500m Fund to Finance New Hotels
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Author: Dev Anand
Main Photo: The Tui resort in Fuerteventura, Spain Date: January 2022 Name: Tui Global Hospitality Fund Locations: Global Number of Keys: TBA Europe’s biggest holiday company Tui is making a rare move for the industry, raising a €500m fund from institutional investors to finance new hotels after the pandemic left it with record debt levels….
Banyan Tree Group Introduces Five New Brands to Multi-Brand Ecosystem Grounded in Purposeful Travel
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Author: Mark Harris
Main Photo: Garrya Huzhou Lucun, China Date: December 2021 Name: Banyan Tree Group Location: Worldwide – 23 countries Number of Keys: 2,559 Owner: Banyan Tree Banyan Tree Group, one of the world’s leading independent hospitality groups, is set to double its footprint of 54 properties across 23 countries by 2025 with the introduction of 5…
Melia Hotels International Voted Most Sustainable Hotel Company in Europe For Third Year Running
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Author: Dev Anand
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…
Exclusive Frontiers Launched – Sustainable Luxury Solutions for Hotels, Resorts, Land Owners….By Exclusive Tents and Wall Street Luxury JV Partnership
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Author: Dev Anand
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…
The Latest Trend in Hotels….Add Experiential Accommodation In the Grounds
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Author: Dev Anand
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…
citizenM Raises $1bn For Expansion
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Author: Mark Harris
Main Photo: citizenM New York Times Square Date: November 2021 Name: citizenM Location: Global – Europe, USA and Asia Number of Keys: 20 hotels – 4,760 open with a further 16 planned to take them to 8,545 keys Seller: N/A Buyer: GIC, APG Asset Management and KRC Capital CitizenM has raised US$ 1 billion in…
Oyo Goes For Full Stock Market Listing – in India Looking To Value The Business at US$10bn+
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Author: Dev Anand
Main Photo: An Oyo branded hotel in China Date: October 2021 Name: Oyo Location: India HQ – global in it’s aspirations Number of Keys: Owner: Ritesh Agarwal (33%), backed by Softbank (47%) Indian accommodation disruptor OYO is lining up to list on the Indian stock market, in a move that will value the business at USD10bn to…
Benchmark Global Hospitality and Pyramid Hotel Group Merge
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Author: Dev Anand
Main Photo: The Costa d’Este Beach Resort Florida – a Benchmark Gemstone Property Date: October 2021 Name: Benchmark Pyramid Location: USA HQ – Global Number of Keys: 210 hotels – annual operating revenue under management of more than $3 billion The Two Parties: The two hotel and resort management companies are joining forces to create…