RD North America

Main Photo: The approach to the new Aman Beverly Hills – imagined Date: June 2022 Name: Aman Beverly Hills – opening 2026 Location: Intersection of Wilshire and Santa Monica Boulevards, a mile from the world-renowned Rodeo Drive, Los Angeles, California, USA  Number of Keys: Seller: TBA Buyer: Cain International in partnership with Alagem Capital Aman,…

Main Photo: The Radisson Blu Aqua Hotel, Chicago Date: June 2022 Name: Choice Hotels International & Radisson Hotel Group Location: The Americas Number of Keys: 624 hotels – 68,000 keys Seller: Radisson Hotel Group, owned by Chinese Jin Jiang Buyer: Choice Hotels International Choice Hotels International and Radisson Hotel Group announced that Choice Hotels has…

Main Photo: The bedroom style of Appellation Healdsburg, imagined Date: June 2022 Name: Appellation Hotels, with first three three planned as Appellation Sun Valley (2023) and two regions in California with Appellation Healdsburg (2023) and Appellation Pacific Grove (2024). Locations: First three: Sun Valley, Idaho; Healdsburg and Pacific Grove – both in California, USA Number…

Main Photo: Golf at Tunica – several courses to choose from Date: June 2022 Name: Gold Strike Location: Tunica Resorts, 20 minutes south of Memphis, MS, USA Number of Keys: 1,258 Seller: MGM Resorts International, whose portfolio encompasses 33 hotel and gaming destinations globally, including those under brands such as Bellagio, Aria, Delano and Mandalay…

Main Photo: The Chase Park Plaza Royal Sonesta St Louis Date: June 2022 Name: Service Properties Trust – SVC Locations: Across the USA Number of Keys: 6,248 sold previously….1,781 in this deal Seller: Service Properties Trust Buyer: TBA Service Properties Trust has announced progress on it’s previously announced plan to sell 68 Sonesta branded hotels.…

Main Photo: The Pool at The Confidante Date: May 2022 Name: The Confidante Miami Beach, an Unbound Collection by Hyatt hotel…to become the Andaz Miami Beach Location: 4041 Collins Avenue, Miami Beach, Florida, USA Number of Keys: 339, although some reports suggest 354 to include 14 suites Seller: Hyatt who purchased the hotel from Geolo…

Main Photo: The Four Seasons Dallas Date: May 2022 Name: The Four Seasons Dallas at Las Colinas Location: Las Colinas, Dallas Metroplex, Irving, Texas, USA Number of Keys: 431 Seller: The hotel was acquired by NY-based Extell Development off Blackstone RE for around $235m, in 2018. We think Blackstone paid $150m for the hotel in…

Main Photo: The new hotel as imagined in 2021 Date: May 2022 Name: Was planned as an Indigo Hotel…. Location: West 34th Street, New York City, NY, USA Number of Keys: Planned as 323 keys Seller: Chetrit Group Buyer: Maverick Real Estate Partners Maverick Real Estate Partners has purchased the $110 million note on Chetrit Group’s planned…

Main Photo: The Hilton San Antonio Hill Country Date: May 2022 Names: DoubleTree Suites by Hilton Hotel Doheny Beach and the Hilton San Antonio Hill Country Locations: Dana Point, California and San Antonio, Texas Number of Keys: 196 and 226 Seller: The Hilton San Antonio was bought by Goldman Sachs in 2016. The DT by…

Main Photo: Ritz-Carlton Philadelphia, one of the 25 hotels acquired by Brookfield in the Watermark Lodging Trust deal Date: May 2022 Name: Watermark Lodging Trust Locations: Across 14 US States Number of Keys: 8,100 Seller: Watermark Lodging Trust, a non-traded REIT led by Mike Medzigian Buyer: Toronto-based Brookfield Asset Management, possibly on of the largest investor fund…

Main Photo: The newly rebranded Hyatt Centric Wall Street Date: May 2022 Name: Was The Andaz Wall Street – to be rebranded Hyatt Centric Wall Street New York – Reopened January 2022 Location: Wall Street, Financial District, New York, NY, USA Number of Keys: 253 Seller: Hakimian Organization Buyer: Navika Group, with a portfolio of…

Main Photo: The new Raleigh Miami – imagined Date: May 2022 Name: The Raleigh – reopening 2025 Location: Miami Beach, Florida, USA Number of Keys: 60 plus 44 Residences Seller: Tommy Hilfiger group sold The Raleigh Hotel in 2019 to Michael Shvo and partners for $103M. They had paid $67.5 million for the property in 2014 and…

Main Photo: The new Element by Westin Milpitas San Jose Date: April 2022 Name: Element by Westin Milpitas San Jose Location: San Jose, California, USA Number of Keys: 194 suites Seller: TBA Buyer: Dynamic City Capital (DCC), a Utah-based real-estate investment firm Dynamic City Capital (DCC), a Utah-based real-estate investment firm focused on premium-branded hotel…

Main Photo: The Hotel AKA NoMad New York – imagined Date: April 2022 Name: Hotel AKA NoMad – Opening September 2022 Location: Madison Avenue, New York, NY, USA Number of Keys: Seller: Was the Roger New York Hotel, which was sold for $19m in July 2021 (not to be confused with the Roger Smith Hotel!) Buyer:…

Main Photo: The new Conrad within the Frank Gehry-designed mixed-use development The Grand LA Date: April 2022 Name: Conrad Los Angeles Location: Within The Grand LA, downtown Los Angeles, California, USA Number of Keys: 305 Seller: TBA Buyer: The Grand Avenue project is being developed by Related Companies Hilton has begun taking reservations for its Conrad…

Main Photo: The 36-acre Hyatt Regency Indian Wells Date: April 2022 Name: Hyatt Regency Indian Wells Resort & Spa Location: Indian Wells, Greater Palm Springs, California, USA Number of Keys: 530 including 43 villas Seller: Grand Champions LLC sold the hotel to Hyatt Corporation in 2018 Buyer: Trinity Fund Advisors LLC and funds managed by…

Main Photo: The Hotel Chelsea, under (Builder’s) wraps – Image: Steven Cuozzo, New York Post Date: March 2022 Name: The Hotel Chelsea Location: West 23rd Street, Manhattan, New York City, NY, USA Number of Keys: Was 250 – 155 to reopen Summer 2022 Owner: BD Hotels partners Richard Born, Ira Drukier and Sean Macpherson The…

Main Photo: The Standard Hotel, as is Date: March 2022 Name: The Standard Hotel Hollywood – to be renamed Location: Sunset Strip, Los Angeles, California, USA Number of Keys: Seller: Formerly owned by hotelier Andre Balazs, who also owns the nearby Chateau Marmont, opened in 1999 with the financial support of Leonardo DiCaprio, Cameron Diaz,…