Soho House To Open In Manchester…and Balham!

Main Photo: The archetype Soho House rooftop pool and bar Date: February 2022 Name: Soho House Manchester…and Soho House Balham Locations: Manchester: The old Granada Studios building, Quay Street; Balham: Bedford Hill, South London Number of Keys: Manchester: 140 Seller: TBA Buyer: Soho House, whose parent company, Membership Collective Group held an IPO in New…

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Green Hotels For A Sustainable Future

Main Photo: India: Green Hotels for a Sustainable Future — Photo by HVS Date: March 2022 Name: IHG, Marriott International, Radisson, and Wyndham Location: India Number of Keys: TBA Sustainability has become a key focus in the hospitality sector in recent years, with several hotel chains committing to reduce their environmental impact by implementing eco-friendly…

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Hotel Clover Sold To Singapore’s SLB Development and Hong Kong’s Weave Living For SGD74.8m – Around US$55m

Main Photo: Hotel Clover Date: March 2022 Name: Hotel Clover, 33 Jalan Sultan – to be renamed Weave Suites Location: Jalan Sultan, Singapore Number of Keys: 88 Seller: Hotel Clover Group, with five hotels in Asia Buyer: Weave Living and SLB Development Ltd Hong Kong-based Weave Living, in partnership with Singapore-based property developer SLB Development…

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Bloomsbury Townhouse Hotel Available on 115-Year Lease on Peppercorn Rent

Location: Bedford Place, Bloomsbury London, England, UK Name: Open to Buyer Guide Price: £7m Guide Price per Key: £195k Plus cost of refurb No. of Keys: 36 currently The Opportunity: Unique central London hotel repositioning or refurbishment opportunity, located in prime Bloomsbury, the intellectual and literary hub of London. Available for sale by way of…

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Bahia Principe Wants Partners For Asset-Light Expansion

Locations: Currently: 20 hotels in the Caribbean and seven in Spain Name: Bahia Principe, part of the family-owned, Mallorca-based Grupo Piñero  Deal Size: TBA No. of Keys: TBA The Opportunity: Spanish luxury resort chain Bahia Principe is expanding beyond its long-time business model as an owner/operator and casting about for partners who want to use…

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Pictet Buys Kimpton Hotel in Mallorca

Main Photo: The Kimpton Hotel, Mallorca Date: March 2022 Name: Kimpton Aysla Mallorca – to open mid-2022 Location: Calvia, Mallorca, Spain Number of Keys: 79 suites Seller: A Pictet related company Buyer: Swiss-based Pictet Alternative Advisors, currently invested in over 950 properties across the globe, through funds and co-investment deals, and manage USD 3.3bn of…

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Covivio Sells Club Med Resort for €125m

Main Photo: Club Med Grand Massif Date: March 2022 Name: Club Med Grand Massif Samoëns Location: Samoens, France Number of Keys: 420 Seller: Covivio Buyer: Perial Asset Management Covivio has sold the Club Med Grand Massif in Samoëns, France for €125 million to Perial Asset Management. The hotel has been operating since its opening by Club Med…

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Changzhou Marco Polo Hotel Sold for RMB402 Million – Around US$63m

Main Photo: The Marco Polo Changzhou Date: March 2022 Name: Marco Polo Changzhou Location: Xinbei High-Tech Development Zone, 3 km from the central business district in Changzhou, China Number of Keys: 302 Seller: Hong Kong-based Cheer Sky Investment Limited, a wholly-owned subsidiary of Hong Kong-based Harbour Centre Development Limited, has sold the entire equity interest…

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Accor Looking To Open More Than 300 Properties By End 2022

Main Photo: The dual-brand Raffles & Fairmont Doha Date: March 2022 Names: Accor with some 35 brands! Locations: Global Number of Keys: Opened 41,000 in 2021…Looking to open more in 2022 Accor, a global hospitality leader, has shared a summary of its 2021 development activities and growth outlook for 2022 and beyond.  Overall, Accor opened…

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LyvInn Acquires Frankfurt Hotel

Main Photo: Frankfurt, Germany [Credit: Stefan Elvis-Stiuca on Unsplash] Date: March 2022 Name: LyvInn Frankfurt Location: Gallus, Frankfurt, Germany Number of Keys: 164 Seller: TBA Buyer: Blantyre Capital Blantyre Capital Limited has agreed to acquire a 164-room hotel in Frankfurt to be operated under the LyvInn brand. No purchase price was given for the transaction.…

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Zetland Capital Acquires the Lindian Village Hotel Real Estate Properties in Rhodes, Greece

Main Photo: Date: March 2022 Name: Lindian Village Location: Lindos Acropolis, Rhodes, Greece Number of Keys: 188 Seller: Svyriadis SA, a Greek family-owned hospitality conglomerate Buyer: Zetland Capital, a private equity firm based in London Zetland Capital Partners LLP, a London based private equity firm today announced that funds under its management have acquired the…

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Hilton to Open Hilton Garden Inn Brisbane City Centre North in 2024

Main Photo: Hilton Garden Inn Date: March 2022 Name: Hilton Garden Inn Brisbane City Centre North – opening 2024 Location: Brisbane, Queensland, Australia Number of Keys: 129 Seller: The site is a new-build Buyer: Spring Hill Property Group, a privately owned property development company based in Brisbane and mainly into residential properties in prime South…

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Edyn Secures £105m Funding From Blackstone and KSL Capital Partners

Main Photo: Date: March 2022 Name: Edyn Serviced Apartments – Brands: Locke and Cove Locations: Mainly Europe Number of Keys: 1,800 currently, with a further 1,400 in the pipeline Owner: Edyn Serviced Apartments, owned by Canadian Brookfield Funder: Blackstone Mortgage Trust and KSL’s European Capital Solutions (ECS) platform. Edyn, Brookfield’s European serviced apartment business, has…

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South Kensington’s Art-Led Exhibitionist Hotel Sold for £10.6m

Main Photo: The Exhibitionist Hotel Date: March 2022 Name: The Exhibitionist Hotel Location: South Kensington, London, England, UK Number of Keys: 37 Seller: Private family Buyer: 4C Hotels Group BNP Paribas Real Estate has sold the iconic The Exhibitionist hotel in South Kensington for £10.6m to an undisclosed buyer on behalf of a private client.…

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