Main Photo: The Peppers Kings Square hotel in Perth, Western Australia Date: August 2022 Name: Peppers Kings Square…to become Rydges Kings Square Location: Wellington Stree/Shafto Lane, Perth, WA, Australia Number of Keys: 120 Seller: A partnership between Mode Development and Hickory Building Systems, managed by Mantra Group (Accor). The hotel opened in 2016, at a…
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Main Photo: The hotel Bellevue with a grand history Date: July 2022 Name: Hotel Bellevue Suites & Spa Cortina d’Amprezzo Location: The Dolomites, Cortina d’Amprezzo, 160 km north of Venice, Italy Number of Keys: 66, including 46 suite apartments – one to three bedrooms Seller: The hotel was acquired by Donatello Fund, Subfund Michelangelo Due,…
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Main Photo: The Mandarin Oriental Washington DC with it’s fabulous view over the Southwest Waterfront Date: August 2022 Name: Mandarin Oriental Washington DC Location: Maryland Avenue SW, Washington DC, USA Number of Keys: 373 Seller: Mandarin Oriental, who opened the hotel in 2004 Buyer: London-based Henderson Park Mandarin Oriental is selling it’s Washington DC hotel…
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Main Photo: The newly opened Hampton By Hilton in Dublin Date: July 2022 Name: Hampton by Hilton Dublin City Location: Opposite the Four Courts and Law Library in Smithfield, Dublin, Ireland Number of Keys: 249 Seller: The site was the long-derelict River House office block that once housed the city’s motor tax office Buyer: JMK…
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Main Photo: The Club Med Gregolimano Date: July 2022 Name: Club Med Gregolimano Location: Edipos, Greece Number of Keys: 460 Seller: China-based Fosun Group, who also own the Club Med brand Buyer: Paris-based asset manager Hova Hospitality, on behalf of Primonial REIM…Hova was launched by Dominique Ozanne and Gael Le Lay in 2021 with key backing…
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Main Photo: The JW Marriott Chicago Date: July 2022 Name: JW Marriott Chicago Location: West Adams Street, Chicago, Illinois, USA Number of Keys: 610 Seller: The hotel was owned by Orlando-based Estein USA, but was in default of $203m loan, which grew to $243m…the hotel was sold at auction in June 2022 Buyer: Wells Fargo…
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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…
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Main Photo: The Alus Hawaii Ibiza, one of the six hotels sold Date: July 2022 Names: Part of the Alua Hotels Chain – Alua Hawaii Ibiza (209 rooms), Alua Miami Ibiza (360 rooms), Aluasun Miami Ibiza apartment hotel (82 Apartments), Alua Hawaii Mallorca & Suites (230 rooms and 68 Hawaii Mallorca Suites), and Alua Palmanova…
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Main Photo: The Holiday Inn at Brentford Lock Date: July 2022 Name: Holiday Inn London Brentford Lock Location: Overlooking the water at Brentford, Middlesex, England, UK Number of Keys: 134 Seller: Brightbay Real Estate Partners Buyer: Splendid Hospitality Splendid Hospitality Group has announced the acquisition of Holiday Inn London Brentford Lock from Brightbay Real Estate…
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Main Photo: The Mere Hotel, renowned in the Cheshire area Date: July 2022 Name: The Mere Golf Resort & Spa Location: Knutsford, Cheshire, England, UK Number of Keys: 81 Seller: The Boler family, acquired the hotel by father Stephen in 1984, and had been run by son Mark since 1997. They sold the hotel in…
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Main Photo: The Other House, one of 2022’s opening in London’s South Kensington; Photo Credit: Jack Hardy Date: July 2022 Name: Serviced Apartments/Aparhotels Location: UK (and probably the same in Europe) Number of Keys: 27,000 + in the UK Who Said: Knight Frank LLP Throughout the extended lockdowns and periods of recovery which followed, the…
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Main Photo: Dunk Island Date: July 2022 Name: Dunk Island Location: Great Barrier Reef, Australia Number of Keys: Before Cyclone Yasi ravaged the island, there was 160 room resort hotel on the island Seller: In July 2021 Mark Spillane tried to acquire the island through his company Upsense Media Capital, but he failed….so the current…
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Main Photo: The new hotel envisaged Date: July 2022 Name: Bulgari Resort Ranfushi Location: Raa Atoll, Maldives Number of Keys: 54 keys including a Bulgari Villa on a separate exclusive island comprising 33 Beach Villas each with individual swimming pool and 20 Overwater Villas Seller: The site was previously a virgin island Buyer: Bulgari Hotels…
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Main Photo: The Hyatt Place Pittsburgh Cranberry, Pennsylvania, one of the four hotels to be sold in the deal Date: July 2022 Names: Hyatt Place Pittsburgh Cranberry, Hyatt Place Birmingham Inverness, Hyatt Place Cincinnati Northeast and Hyatt Place Cleveland Independence Locations: Pennsylvania, Alabama and two in Ohio Number of Keys: TBA Seller: Singapore listed ARA…
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Location: Currie Street, an island site in Adelaide’s CBD, within close proximity to the city’s premium commercial office buildings and leisure demand drivers Name: Sofitel Adelaide Guide Price: AUD$180m plus Guide Price per Key: AUD$720k+ No. of Keys: 251 rooms and suites (25)…32-storey building, of which the hotel occupies the first 24 floors, with 69…
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Main Photo: The Marker Hotel, San Francisco Date: July 2022 Name: The Marker, originally built in 1910 as the Bellevue Hotel Location: Geary Street, San Francisco, California, USA Number of Keys: 208, including 42 suites Seller: Pebblebrook Hotel Trust Buyer: Stockdale Capital Partners, headed up by Steven and Shawn Yari Pebblebrook Hotel Trust announced that…
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Main Photo: The Holiday Manhattan 6th Ave – Chelsea Date: July 2022 Name: The Holiday Manhattan 6th Ave – Chelsea Location: 125 West 26th, Chelsea, New York City, NY, USA Number of Keys: 226 Seller: Watermark Capital Buyer: Two Kings Real Estate Watermark Capital has found a taker for the struggling Holiday Inn in Chelsea.…
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Date: July 2022 Location: Qatar What Did They Say: Fans from around the world panic as airfares, hotel tariffs skyrocket for Qatar World Cup season Who They: Arabian Business magazine Main photo: Admares thought they had it cracked with bringing in 16 floating hotels Football fans from around the world, including from the Indian sub-continent –…
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Main Photo: The Choice Hotels offices in India Date: July 2022 Name: Choice Hotels and Suba Group of Hotels…Exclusive rights for hotels under the Clarion, Quality and Comfort brands Location: India Number of Keys: Suba will take on the 58 Choice Hotels open and under development in India. No of Keys: 2,200 Master Franchise Owner:…
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Location: Aberta Nova Beach, 34km South of Comporta, 194 km North of Faro Airport Name: Open to new owner Guide Price: €10m for land; €5m infrastructure cost; €10m plus construction costs for the two hotels…all-in around €36m Guide Price per Room: €90k plus per bedroom No. of Keys: 80 two-bed Villas plus 10 hotel rooms…
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Level 39 Marina Bay Financial Centre Tower 2 10 Marina Boulevard, Singapore 018983
Level 3, 60 Martin, Place, Sydney, New South Wales 2000
Levels 41, Emirates Towers Sheikh Zayed Road, Dubai United Arab Emirates
Knoebelstraße 36
80538 Munich / Germany
Level 39 Marina Bay Financial Centre Tower 2 10 Marina Boulevard, Singapore 018983
Level 3, 60 Martin, Place, Sydney, New South Wales 2000
Levels 41, Emirates Towers Sheikh Zayed Road, Dubai United Arab Emirates
Knoebelstraße 36
80538 Munich / Germany
17 Hanover Square, Mayfair, London W1S 1BN
+44 20 8788 7293
Knoebelstraße 36 80538 Munich / Germany
+49 (160) 235 7000
Level 39 Marina Bay Financial Centre Tower 2 10 Marina Boulevard, Singapore 018983
+65 3165 5123
Levels 41, Emirates Towers Sheikh Zayed Road, Dubai United Arab Emirates
office@thpg.com
Hotel Property Group is a premier real estate investment and advisory firm specializing in hospitality assets.
17 Hanover Square, Mayfair, London W1S 1BN
+44 (0)7885 482743
Knoebelstraße 36 80538 Munich / Germany
+49 (160) 235 7000
182 Cecil Street, #17-1, Frasers Tower, Singapore 069547
+65 3165 5123
Levels 41, Emirates Towers Sheikh Zayed Road, Dubai United Arab Emirates
office@thpg.com