Limestone Capital Buys Mar Y Pins Hotel Mallorca To Rebrand Aethos

Main Photo: The Mar Y Pins Hotel, to be rebranded Aethos Mallorca Date: November 2021 Name: The Mar Y Pins Hotel, to be rebranded Aethos Mallorca Location: Peguera, 25 km Palma de Mallorca Airport Number of Keys: 51 Seller: Harald Fischl, an Austrian entrepreneur, who remains a partner and minority shareholder. He acquired the hotel…

Read More

Electra America Hospitality Group (EAHG) Acquires Conrad Miami Hotel

Main Photo: The newly-named AKA Brickell Date: October 2021 Name: Conrad Miami, rebranded on acquisition to AKA Brickell Location: Miami, Florida, USA Number of Keys: 201 Seller: Mast Capital and Angelo Gordon & Co. Buyer: Electra America Hospitality Group (EAHG) The Electra America Hospitality Group (EAHG) has purchased the Conrad Miami hotel and has rebranded…

Read More

KE Hotels Opens New Moxy Manchester City In Spinningfields Area In November 2021

Main Photo: The new Moxy Manchester Date: October 2021 Name: Moxy Manchester City Location: Spinningfields, Manchester, England, UK Number of Keys: 146 Seller: Since it’s construction in the 18th century, the building has been home to a variety of local businesses including a soda water factory, a manufacturing chemist, a hat works and, most notably,…

Read More

Mandarin Oriental Columbus Circle NYC Owners Selling 248 Key Hotel

Location: Columbus Circle, New York, NY, USA Name: Mandarin Oriental, New York Guide Price: Anyone’s guess! The property was valued at US$340 in 2007….Could be as low as $200m+ in this market No. of Keys: 248 rooms and suites The Opportunity: The Mandarin Oriental Hotel at Columbus Circle, one of the city’s premier luxury lodging…

Read More

KKR Snaps Up Sofitel Sydney Wentworth Hotel for AUD$315 million

Main Photo: The impressive looking Sofitel Wentworth Date: October 2021 Name: Sofitel Sydney Wentworth Hotel Location: Sydney’s Financial District, NSW, Australia Number of Keys: 436 Seller: Frasers Hospitality Trust Buyer: Kohlberg Kravis Roberts – KKR Private equity giant Kohlberg Kravis Roberts (KKR) has snapped up the Sofitel Sydney Wentworth hotel, the favoured haunt for the…

Read More

Pebblebrook Hotel Trust Acquires Avalon and Duval Gardens in Key West for $20m

Main Photo: The Southernmost Beach Resort Date: October 2021 Name: Avalon Bed & Breakfast, Duval Gardens – to become The Guesthouses at Southernmost Beach Resort Location: Key West, Florida, USA Number of Keys: 31 Seller: TBA…we’re guessing a private family Buyer: Pebblebrook Hotel Trust Pebblebrook Hotel Trust has acquired the 19-room Avalon Bed & Breakfast…

Read More

Operator Sought For Aparthotel in Cardiff, Wales

Location: St Mary Street, Cardiff City Centre, Wales, UK Name: Market Chambers – Brand To Be Granted to New Operator Guide Price: TBA No. of Keys: Option One: 30 keys studio, one-bed and two-bed serviced apartments; Option Two: 49 keys – studio led aparthotel The Opportunity: Exclusively retained by Thackeray Investments, Saxbury is inviting turnkey…

Read More

KSL Capital Partners Acquires Four Points by Sheraton Sydney, Central Park

Main Photo: Four Points by Sheraton Sydney, Central Park Date: October 2021 Name: Four Points by Sheraton Sydney, Central Park Location: Sydney, Australia Number of Keys: 297 Seller: Hotel mogul Dr Jerry Schwartz, who acquired the hotel in November 2018 for AUD$156m Buyer: KSL Capital Partners, LLC KSL Capital Partners, LLC announced today that an…

Read More

December Launch for “World’s First” Net Zero Carbon Hotel

Main Photo: The new bedroom at the room2 Chiswick, London Date: October 2021 Name: room2 Chiswick Location: Chiswick, West London, England, UK Number of Keys: 86 Owner: Lamington Group, owned by the Godwin brothers, Robert and Stuart Seller: The site is a former Chiswick office building acquired in late 2018 room2 is set to open…

Read More

Radisson Collection Unveils New Hotel in Wuxi, China

Main Photo: Radisson Collection Hotel, Wuxi Date: October 2021 Name: Radisson Collection Hotel, Wuxi Location: Xishan District, Wuxi, China Number of Keys: 318 Seller: TBA Buyer: Radisson Hotel Group The Radisson Collection, Radisson Hotel Group’s anthology of iconic lifestyle hotels, has continued to expand its portfolio in China with the launch of Radisson Collection Hotel,…

Read More

Monarch Alternative Capital Acquires The Westin Minneapolis

Main Photo: The Westin Minneapolis Date: October 2021 Name: The Westin Minneapolis Location: Minneapolis, Minnesota, USA Number of Keys: 214 Seller: Watermark Lodging Trust, who acquired the hotel for $66.4m in 2015. The property was originally built as the Farmers & Mechanics Bank building in 1942 where the adjoining office building was reconfigured to house…

Read More

Operator Sought For 65-Key Aparthotel in Milton Keynes, Buckinghamshire UK

Location: North Second Street, Milton Keynes, Buckinghamshire, England, UK Name: To Be Granted to New Operator Guide Price: TBA No. of Keys: 65 – 8 Studios, 41 One-Bedroom Suites and 13 One-Bedroom apartments The Opportunity: Exclusively retained by Errigal Contracts, Saxbury is inviting turnkey master lease or management contract proposals for Platinum House ahead of…

Read More

B Ocean Resort Fort Lauderdale, Formerly The Yankee Clipper Sold to Rockpoint & InSite Group for US$126.9m

Main Photo: The B Ocean Resort Date: October 2021 Name: The B Ocean Resort Fort Lauderdale Location: Fort Lauderdale, Florida, USA Number of Keys: 481 Seller: The Carlyle Group, which included InSite, who bought the resort for $107m in 2014 ffrom Barry Sternlicht’s Starwood Capital Buyers: Boston-based Rockpoint Group and locally based InSite Group The…

Read More