Sir Richard Sutton Company/Family Launch New Hotel Brand in the UK

Main Photo: The Castle Hotel Windsor, which dates back to 1528 when it opened as The Mermaid Inn Date: April 2022 Name: Sutton Hotel Collection – Castle Hotel Windsor, Queens Hotel Cheltenham and Francis Hotel Bath Locations: Windsor, Cheltenham and Bath, England, UK Number of Keys: 290 Owner: Sir Richard Sutton Ltd Manager: The hotels…

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New Dual-Brand Radisson RED & Radisson Hotel Opens at Oslo Airport

Main Photo: The bar and restaurant area at the new dual-brand hotel Date: April 2022 Name: Radisson RED Oslo Airport and Radisson Hotel & Conference Centre Oslo Airport Location: Oslo Airport, Norway, where Radisson already have a Radisson Blu and Park Inn by Radisson hotels Number of Keys: 514 in total – 214 at RED…

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European Hotel Bargain Portfolio Deals On Hold

Date: April 2022 Location: Mainly Europe What Did They Say: Frustrated investors are still waiting with cash in hand to enter the European hotel market, as hopes of a raft of distressed opportunities fade.   Who They: Hotel Analyst Main photo: One of the hotels within a Spanish portfolio recently put up for sale Agents see little…

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JPI Hospitality Acquires Hotel Rotterdam City

Main Photo: The Hotel Rotterdam City Date: April 2022 Name: Hotel Rotterdam Location: 800m from Central Station, Schiekade 658, Rotterdam, The Netherlands Number of Keys: 115 Seller: TBA Buyer: JPI Hospitality Investors Club, part of Vienna-based JP Immobilien, who own eleven hotels in Austria, Spain, Italy and Switzerland The JPI Hospitality Investors Club has acquired…

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Preferred Hotels Adds Another 11 Member Hotels First Quarter 2022

Main Photo: Lefay Resort & Spa Lago di Garda Date: April 2022 Name: Preferred Hotels & Resorts Locations: Europe, USA, Mexico, India, Tanzania & Peru Number of Keys: TBA Marketing Consortium: Preferred Hotels & Resorts Preferred Hotels & Resorts, the world’s largest independent hotel brand representing more than 650 hotels, resorts, and residences across 80…

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KSL Capital Partners Acquires The Pig Hotels

Main Photo: The Pig on the Beach in Dorset Date: March 2022 Name: The Pig Hotels Locations: Mainly South West England, UK Number of Keys: Eight hotels – Currently around 200 rooms Seller: Jim Ratcliffe, billionaire owner of 50% of The Pig Hotels, whose day job is running Ineos petrochemicals group Buyer: KSL have acquired…

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Young’s Pubs Group Opens Flagship Pub With Rooms Following Major Refurb

Main Photo: The bedrooms at The Spread Eagle “pub with rooms” Wandsworth, London Date: April 2022 Name: The Spread Eagle Location: Wandsworth, on the site of the Young’s brewery Number of Keys: 21 Owner: On the site of the Young’s brewey opened in 1831, where the company’s head office will also be relocated British pub…

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4C Hotel Group Open Westin London City Late 2021

Main Photo: The Westin London City Date: March 2022 Name: The Westin London City Location: North Side of The Thames, between St Pauls and Mansion House, City of London, England, UK Number of Keys: 222, including 10 suites…plus 9 apartments Owner: 4C Hotel Group, designed by Dexter Moren Manager: RBH Management 4C Hotel Group had…

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Ace Hotel Primed for Debut Sydney, Australia

Main Photo: The Loft Suite at the new Ace Hotel Sydney Date: March 2022 Name: Ace Hotel Sydney Location: Wentworth Avenue, Surry Hills, Sydney, NSW, Australia Number of Keys: 264 Seller: The site was the Tune House brick factory Buyer: Developer Golden Age Group US-based Ace Hotel Group is soon to launch its very first…

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The Standard Hotel Hollywood Sold, Will Reopen With New Name

Main Photo: The Standard Hotel, as is Date: March 2022 Name: The Standard Hotel Hollywood – to be renamed Location: Sunset Strip, Los Angeles, California, USA Number of Keys: Seller: Formerly owned by hotelier Andre Balazs, who also owns the nearby Chateau Marmont, opened in 1999 with the financial support of Leonardo DiCaprio, Cameron Diaz,…

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Four Seasons And Diriyah Gate Development Announce New Hotel In Saudi Arabia

Main Photo: The proposed new Fours Seasons Hotel Date: March 2022 Name: Four Seasons Hotel Diriyah, Saudi Arabia Location: Diriyah, just outside of Riyadh, Saudi Arabia Number of Keys: 150 rooms and suites Seller: TBA Buyer: Diriyah Gate Development Authority Four Seasons Hotels and Resorts and Diriyah Gate Development Authority (DGDA), the developers of the…

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Highgate Assumes Management of Six Hotel Portfolio in Peru

Main Photo: Palacio del Inka, a Luxury Collection Hotel, Cusco, Peru  Date: March 2022 Name: Urbanova Hotels Locations: Palacio del Inka Hotel, a Luxury Collection Hotel in Cusco, Tambo del Inka, A Luxury Collection Resort in Urubamba, Hotel Paracas, A Luxury Collection Resort, Aloft Lima Miraflores, AC Hotel Lima Miraflores and the Westin Lima Hotel…

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Thailand’s Narai Group Launches Luxury Marasca Brand

Main Photo: Marasca Khao Yai – picture courtesy of TTG Asia Date: March 2022 Name: Marasca Khao Yai Location: Thailand Number of Keys: 18 Seller: Undisclosed Buyer: Narai Hospitality Group Thailand-based Narai Hospitality Group has debuted a new luxury brand Marasca Hotels & Resorts (MHR). MHR is NHG’s foray into casual luxury hospitality and is positioned…

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110 Room or 94 Serviced Apartments Project in Prime Athens Location For Sale

Location: Monasteraki Square, 10 minutes walk from Syntagma Square, Athens, Greece – location map available Name: TBA – Agreement in place with a Top-Ten global brand – due to open November 2023 Guide Price: As 110 Key Hotel: €41m after completion, including FF&E, upon opening; As 94 Serviced Apartments (one building only) €29m Guide Price…

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87-bedroom Select-Service Manchester Hotel For Sale, With Scope For Growth

Location: Salford, Manchester, England, UK Name: The Ainscow Hotel Guide Price: £8.5m Guide Price per Key: Just shy of £100k No. of Keys: 87…scope to add 57 more rooms and 99 apartments The Opportunity: The freehold hotel, whose owners went into administration in Septemeber 2021, is situated within one mile of Central Manchester and within…

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Mandarin Oriental Opens Luxury Property in Shenzhen, China

Main Photo: The new Mandarin Oriental in China Date: March 2022 Name: Mandarin Oriental Shenzhen Location: Futian District, Shenzhen, Southern China Number of Keys: 178 Seller: TBA Buyer: Shum Yip Capital Mandarin Oriental Hotel Group has introduced its legendary hospitality to the vibrant southern China city of Shenzhen, with the opening of Mandarin Oriental, Shenzhen. The luxury…

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