Frasers Buy Four Hotels off Swire under HDV and Malmaison brands

Date: December 2015 Location: Bristol, Brighton, Cheltenham and Exeter Names: Was Avon Gorge, Bristol (to re-open Spring 2018 as the The Avon Gorge by Hotel du Vin), Magdalen Chapter Exeter (now the Hotel du Vin Exeter, in 2016), Montpellier Chapter Cheltenham (now a Malmaison), Hotel Seattle Brighton (now The Malmaison Brighton in 2016, but started…

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The Top Three Things I Look For When Visiting A Hotel

Date: February 2018 What: Words of wisdom from a man who should know! Who: Bill Marriott, owns a company that owns or manages some 6,000 hotels in 122 countries! What Were Those 3 Things: It probably goes without saying, but I have visited thousands of hotels. Just this past year, I have seen over 100 –…

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Spain’s Hotel Investment Reached Record Levels in 2017

Date: February 2018 Location: Spain What: Hotel investment in Spain reached a record €3.9 billion in 2017, beating the previous record of €2.6 billion that was set in 2015, according to the Insights on the Hotel Investment Market in Spain 2017 report. This investment spanned both operating and converted hotels. 182 hotels changed hands in the…

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Christie & Co. Warns UK hotels Transactions Will Drop 2018 to GBP5bn

Date: January 2018 Who: Christie & Co, one of UK’s Big 6 hotel brokers sees small drop-off in 2018 (£5.3bn in 2017 to £5bn in 2018) The UK has also see a change in investor profile, as private equity groups look to mainland Europe for better returns, with those who remain described as “more vigilant”…

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Don’t Get Your Global Listings Wrong!

Date: January 2018 Updated March 2018 Who: China and Marriott What: This month (February 2018) China has shut down Marriott’s website and mobile app. The shutdown, which was for one week, came at the request of Chinese government officials in Shanghai. It is said to be punishment for the company listing Chinese-claimed regions Tibet, Hong Kong,…

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Barings sells seven US hotels for $650m

Date: February 2018 Location: Newport Rhode Island, Chicago, Boston, Washington, Seattle and Phoenix metropolitan areas. Name: Newport Marriott (US$88.46m), Motif Seattle (US$145m) – and others

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Banco Sabadell Sells 5 Hotels for c. €20M

Date: January 2018 Locations/Names: the Asta Regia Hotel in Jerez de la Frontera acquired by Hotusa; the Aparthotel Augusta in Boí Taüll acquired by Kesse Invest; the Bal Hotel Spa de Gijón purchased by Artiem; the Barceló Oviedo bought by Barceló; and the AC Lleida purchased by AA Hoteles, all in Spain.

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Vincent Tchenguiz to Sue Hilton Over Bust Hotels

Date: February 2018 About: Vincent Tchenguiz to sue Hilton Why: A property tycoon is preparing to launch legal action against the hotels giant Hilton over 10 UK sites that have fallen into administration. Litigation is not unusual for him/the brothers.

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