Main Photo: The old Electricity Co building, to become The Sommerro Date: November 2021 Name: Sommerro – to open September 2022 Location: Frogner, Oslo, Norway Number of Keys: 231 plus 56 residences Seller: The site was the former HQ of Oslo Lysverker Buyer: Nordic Choice Hotels, owned by Petter Stordalen and headed up by Torgeir…
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Main Photo: The site where the new Standard hotel will open Date: November 2021 Name: The Standard Dublin – to open 2025 Location: Dublin, Ireland Number of Keys: 200 Seller: The site, known as Dublin Arch, previously Connolly Quarter, is a mixed-use development to house offices, shops, homes as well as the hotel. Developer: Ballymore…
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Main Photo: Manchebo Beach Resort & Spa, Aruba Date: November 2021 Name: Manchebo Beach Resort & Spa, Aruba Location: Eagle Beach, Aruba, Caribbean Number of Keys: 72 Seller: The hotel has been family-held since 1970 when hotelier Ike Cohen bought the 72-room oceanfront hotel from its original developers, a pair of KLM pilots who opened…
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Main Photo: Macdonald Manchester Hotel Date: November 2021 Names: Macdonald Manchester Hotel and Macdonald Holyrood Hotel Location: Manchester, England and Edinburgh, Scotland, UK Number of Keys: 338 – Manchester; 156 – Edinburgh 494 in total Seller: Macdonald Hotels & Resorts. Buyer: Zetland Capital Partners LLP London based private equity firm Zetland Capital Partners LLP is…
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Main Photo: Mollie’s Motel & Diner Date: November 2021 Name: Mollie’s Motel & Diner Locations: UK-wide Number of Keys: 750 – 1,000 over the next 10 years; Manchester 123 Keys Seller: TBA Buyer: Mollie’s Motel & Diner Mollie’s Motel & Diner aims to grow to 100 sites in the next 10 years. Originally conceived by…
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Main Photo: citizenM New York Times Square Date: November 2021 Name: citizenM Location: Global – Europe, USA and Asia Number of Keys: 20 hotels – 4,760 open with a further 16 planned to take them to 8,545 keys Seller: N/A Buyer: GIC, APG Asset Management and KRC Capital CitizenM has raised US$ 1 billion in…
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Main Photo: Mercure London Hyde Park Date: November 2021 Name: Mercure London Hyde Park, Mercure London Paddington, Hotel Indigo London Paddington Location: London, UK Number of Keys: 72, 86 & 64 – 222 in total Owner: London Town Group Manager: Cycas Hospitality Cycas Hospitality is to operate three upscale boutique hotels as part of a…
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Main Photo: The Hyatt Place Dallas Grapevine, one of the 27 hotels acquired Date: November 2021 Names: Various under Marriott, Hilton and Hyatt brand names – see below Location: Dallas/Fort Worth, Texas, USA Number of Keys: 3,709 Seller: NewcrestImage Buyer: Summit Hotel Properties Inc. and GIC Private Limited US-based Summit Hotel Properties Inc. and joint…
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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…
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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…
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Main Photo: Naples Beach Hotel & Golf Club as is Date: October 2021 Name: Naples Beach Hotel & Golf Club Location: Old Naples, Florida, USA Number of Keys: 216 Seller: The family firm that opened the hotel in 1946, and was run by Mike Watkins, grandson of the founder Buyer: The Athens Group and MSD…
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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…
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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…
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Main Photo: The Novotel London West, One of the Hotels Being Sold Date: September 2021 Names: Mostly Under Accor Brands such as Ibis and Novotel Location: London, Glasgow, Manchester and Other Locations, England, UK Number of Keys: TBA Seller: Land Securities, who acquired a portfolio of 30 hotels in 2007 for £439m from Accor Buyer:…
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Main Photo: The DoubleTree by Hilton York Date: September 2021 Name: Hampton by Hilton London Waterloo And Doubletree by Hilton York Location: Waterloo, London and York, England, UK Number of Keys: 297 & 143 – 440 Seller: Shiva Hotels Buyer: Conker Dawn Conker Dawn Limited, a new investment vehicle formed by Blackbear Capital’s Founder and…
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Main Photo: Hotel de Bourgogne, Nantes Date: September 2021 Name: Hotel de Bourgogne – To Reopen 2023 Location: Nantes, France Number of Keys: 38…to extend to 60 Seller: TBA Buyer: Extendam in partnership with Vicartem French private equity firm Extendam, in its first joint venture with Rennes-based property management company Vicartem, have acquired the 38-bedroom Hotel de Bourgogne in…
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Main Photo: Hampton by Hilton Munich Airport South Date: September 2021 Name: Hampton by Hilton Munich Airport South Location: Munich, Germany Number of Keys: 244 Seller: Merlin Capital GmbH Buyer: Long Harbour Long Harbour, the real estate and asset-backed investment manager, has completed a further ground lease transaction in Germany with the acquisition of the…
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Main Photo: Villa Florence, San Francisco Date: September 2021 Name: Villa Florence San Francisco Location: San Francisco, USA Number of Keys: 189 Seller: TBA Buyer: AWH Partners LLC and The Roxborough Group AWH Partners LLC and The Roxborough Group have acquired the Villa Florence Hotel and retail in San Francisco for $87.5 million. The partnership plans a…
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Main Photo: ibis Styles Romford Date: September 2021 Name: Mercure Bredbury Hall Hotel, ibis Styles Romford and Mercure Dumfries Location: Stockport, near Manchester, England; Romford, Essex, England; Dumfries, Scotland – UK Number of Keys: 149, 125 and 60 – 334 In Total Owner: Vine Hotels, Romford South and Splendid Hospitality Brand Owner: Accor Accor Hotels…
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Main Photo: The Woodlands Resort Date: September 2021 Name: The Woodlands Resort, The Westin at The Woodlands, Embassy Suites by Hilton, The Woodlands at Hughes Landing Location: The Woodlands at Hughes Landing, Houston, Texas, USA Number of Keys: 402, 302 and 205 – 909 in Total Seller: The Howard Hughes Corporation Buyer: Lowe Joint Venture A…
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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