Expo Hotel Valencia, Sold by Grupo Selenta To The Swiss Funds of Pictet

Main Photo: The Expo Hotel Valencia Date: October 2022 Name: Expo Hotel Valencia Location: Alameda, Turia Gardens, Valencia, Spain Number of Keys: 377 Seller: Gruppo Selenta – the Mestre family Buyer: Pictet Alternativa Advisors, with €609bn AUM The largest hotel sale in the city of Turia since the pandemic . Funds managed and/or advised by Pictet from…

Read More

Redevco Enters Hotel Sector With €80m Foray Into Iberian Market

Main Photo: The Le 31 mixed-use development in Lille, with two hotels – Hyatt Centric and Stay KooooK by SV Hotel Date: October 2022 Name: Redevco Location: Spain & Portugal –  Lisbon, Bilbao, Seville, Porto, and Malaga Number of Keys: TBA Seller: TBA Buyer: Redevco, who manage 280 assets in 12 countries across various portfolios…

Read More

Aimbridge EMEA Replaces Interstate as Their EMEA Brand

Date: September 2022 Location: Global – Affects EMEA What Did They Say: No longer Interstate…now Aimbridge EMEA Who They: Aimbridge Hospitality, the parent company that acquired Interstate Hotels & Resorts in 2019 Main photo: The Hotel Indigo The Hague, an Interstate managed hotel After spending many years as one of the most well-known global third-party management…

Read More

IHG Expands European Presence With Five New Hotel Signings With Grape Hospitality In Spain, France & Italy

Main Photo: The Hotel Indigo Florence – envisaged…one for five new IHG hotels for Grape Hospitality Date: September 2022 Names: voco Madrid Centre Retiro, Crowne Plaza Madrid Centre Retiro, Hotel Indigo Florence, Hotel Indigo Bordeaux and Hotel Indigo Barcelona Gran Via Plaza Espana – Opening 2023/24 Locations: Madrid and Barcelona, Spain, Florence, Italy and Bordeaux,…

Read More

IHG Signs Deal to Open Dual-Branded Crowne Plaza and Hoilday Inn Express at Stockholm Airport, Sweden

Main Photo: IHG’s Crowne Plaza & Holiday Inn Express Stockholm Arlanda Airport in Sweden. Photo credit: Björnbäckens Fastighets AB/© InterContinental Hotels Group Date: September 2022 Name: Crowne Plaza & Holiday inn Express Arlanda Airport to open 2026 Location: Arlanda Airport, Stockholm, Sweden Number of Keys: 420 – 120 in Crowne Plaza and 300 in Holiday…

Read More

Fabege Signs Loan Deal with Nordska Investeringsbanken for SEK 432.5m for Scandinavia’s First Zero-Energy Hotel in Solna

Main Photo: The Arenastaden Hotel, Solna Date: September 2022 Name: Nationalarenan 3 Location: Arenastaden, Solna, just outside Stockholm, Sweden Number of Keys: 336 rooms, 88 long-stay apartments and Nordic Choice Hotel’s Swedish headquarters Owner: Fabege, the owners of Solna Business Park Lender: Nordiska Investeringsbanken (NIB) Nordiska Investeringsbanken (NIB) and Fabege have agreed on a 10-year…

Read More

Bain Capital and Omnam Group JV To Rebrand The Hotel Britannia Excelsior at Lake Como, Italy to Lake Como Edition

Main Photo: Marriott’s sister Lake Como hotel – The Sheraton Date: September 2022 Name: Hotel Britannia Excelsior to rebrand as the Lake Como Edition – to reopen 2025 Location: Lake Como, Italy Number of Keys: 285 to become 145 luxury rooms to include two penthouse suites Seller: Private family company, Doros Holdings: Whieldon Ross Stacey…

Read More

Sweden’s ESS Group To Open 11th Hotel, in Gothenburg November 2022

Main Photo: The interior lounge shot of the new Jacy’z Date: September 2022 Name: Jacy’z Hotel & Resort – opening November 2022 Location: Garda, Gothenberg, Sweden Number of Keys: 233 Seller: TBA Buyer: ESS Group In November, ESS Group will open it’s 11th hotel destination, originally planned to called Jimmy’z in Gothenburg, Sweden. The name…

Read More

Nordic Hotels & Resorts Opens Art Deco Sommerro Hotel in Oslo

Main Photo: The exterior of the new art-deco Sommerro Date: September 2022 Name: Sommerro Location: Frogner, Oslo, Norway Number of Keys: 231 rooms and suites, including 56 residences Seller: The site was the former headquarters of Oslo Lysverker, the city’s original electrical company Buyer: Nordic Hotels & Resorts Nordic Hotels & Resorts has announced the…

Read More

Apartment Hotel Group City ID Acquires Site In Dublin

Main Photo: The site as is Date: August 2022 Name: TBC Location: Capel Street/Little Strand Street, Dublin, Ireland Number of Keys: 104 – mix of apartments Seller: The site was a working mens club/shop/derelict site. CBRE acted for the sellers, a private consortium Buyer: City ID, backed by Dutch APG and Australia’s Aware Super Apartment…

Read More

IHG On The Lookout for DACH Conversion And Resort Opportunities

Main Photo: The new Indigo Vienna – stands out from it’s neighbours, not in a good way! However the interior looks great Date: August 2022 Name: IHG Hotels & Resorts – 17 brands and 4 collections Location: DACH – Germany, Austria and Switzerland Number of Keys: TBA IHG Hotels & Resorts is on the lookout…

Read More