Recent Deals
Check out the latest hotel sales from around the industry
RD Europe RD United Kingdom Recent Deals
Accor Confirm Eight New Openings in Europe in 2023 Under Raffles, Movenpick, Pullman, MGallery, Swissotel & Fairmont Brands
Date: November 22, 2022 Author: Dev Anand
Main Photo: The Raffles London at OWO – opening Spring 2023 (all other photos imagined) Date: November 2022 Names: Raffles London at The OWO, Mövenpick Wrocław, Poland, Pullman Okol Resort Golf & Spa, Bulgaria, Sanssouci Karpacz – MGallery, Poland, Swissôtel Kolasin, Montenegro, Mövenpick Balaland Resort Lake Balaton, Hungary, Swissôtel Tbilisi, Georgia and Fairmont Golden Prague,…
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RD Caribbean Recent Deals
Hilton To Debut Waldorf Astoria Brand In Costa Rica
Date: November 22, 2022 Author: Dev Anand
Main Photo: The new Waldorf Astoria – imagined Date: November 2022 Name: Waldorf Astoria Guanacaste to open 2025 Location: Northwest coast of Costa Rica Number of Keys: 190 rooms and suites, as well as 25 residences Seller: TBA Buyer: Revolution, Cacique Investors, and Garnier & Garnier. Hilton International has expanded it’s Costa Rica and luxury footprint with the signing of Waldorf Astoria Guanacaste hotel….
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RD Europe Recent Deals
Melia Adds Two INNSiDE Hotels In Sicily
Date: November 22, 2022 Author: Dev Anand
Main Photo: Melia Carmingnano, Tuscany one of their 11 hotels in Italy Date: November 2022 Names: INNSiDE Noto and INNSiDE Cala Rossa – both to open 2024 Locations: INNSiDE Noto – Southeast of Sicily; INNSiDE Cala Rossa Terrasini, Sicily – both in Italy Number of Keys: Noto: 146; Cala Rossa: 115 Sellers: TBA Buyer: Meliá…
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RD Caribbean RD Europe Recent Deals
IHG Hotels and Resorts Agrees Licensing Deal With Iberostar Hotels and Resorts
Date: November 22, 2022 Author: Dev Anand
Main Photo: The Iberostar Cozumel, Mexico Date: November 2022 Name: IHG Hotels & Resorts and Iberostar Hotels & Resorts Locations: In order of %: Mexico, Dominican Republic, Jamaica, Brazil, Spain, other EMEAA locations Number of Keys: 24,300 – 70 hotels included in the deal Seller: Not a sale as such, but Iberostar Beachfront Resorts becomes…
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RD Asia Recent Deals
Indies Capital Buys 60% Stake In Swiss-Belhotel Indonesia From Ciputra Group
Date: November 21, 2022 Author: Dev Anand
Main Photo: The Hotel Cipitra Cibubur, one of the 50 hotels across Indonesia, included in the deal Date: November 2022 Name: Indies Capital; Swiss Belhotel Indonesia and PT Zest Hotels, both owned by Ciputra Group Locations: Swiss-Belhotel International is a global group in 16 countries – Hong Kong, China, Indonesia, Malaysia, Philippines, Vietnam, Bahrain, Egypt,…
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RD Europe Recent Deals
Spanish REIT Millenium Hospitality Real Estate Acquires 109-Key Iberostar Las Letras Hotel Madrid For €70m
Date: November 18, 2022 Author: Dev Anand
Main Photo: The Iberostar Hotel in Madrid Date: November 2022 Name: Iberostar Las Letras Gran Vía Location: Gran Via, Madrid, Spain Number of Keys: 109 Seller: TBA…management was provided by Iberostar Buyer: Millenium Hospitality Real Estate, with this being their 12th hotel. The American fund Castlelake owns 49.72% of Millenium since July 2021. Additional stakeholders…
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RD Europe Recent Deals
Primestar Group Buys Another Berlin Hotel, Mercure Hotel Berlin Mitte
Date: November 18, 2022 Author: Dev Anand
Main Photo: The newly-acquired Mercure Hotel Berlin Mitte Date: November 2022 Name: Mercure Hotel Berlin Mitte Location: Near Potsdamer Platz and Gleisdreieck, Berlin, Germany Number of Keys: 120 Seller: The landlord of the building, P&L Real Estate GmbH, is part of the group company of Lambert Immobilien GmbH Buyer: Primestar Group Investment firm Primestar Group…
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Middle East Recent Deals
Mandarin Oriental Kuwait Opening in 2028 With Plans to be Country’s Best Hotel to be Designed by Foster & Partners
Date: November 18, 2022 Author: Dev Anand
Main Photo: The new Mandarin – envisaged Date: November 2022 Name: Mandarin Oriental Kuwait – due to open 2028 Location: Looking onto Kuwait City Number of Keys: 159 to include 33 suites and 10 serviced apartments Seller: TBA Buyer: Bukhamseen Group Holding Mandarin Oriental Group is growing in the Middle East by planning to open…
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RD Europe Recent Deals
Hyatt’s New Inclusive Collection Resort to Debut in Portugal With the Planned 2024 Opening of Dreams Madeira Resort Spa & Marina
Date: November 18, 2022 Author: Dev Anand
Main Photo: The Spa at the new Dreams Madeira – imagined Date: November 2022 Name: Dreams Madeira Resort Spa & Marina – planned opening 2024 Location: Porto Santo, Madeira, Portugal Number of Keys: 366 Owner: The property was a Dreams Resort, which has now shut for a full refurb and relaunch. Okami Hotels is the…
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RD United Kingdom Recent Deals
Ruby Hotels to Open First Scottish Hotel In Edinburgh
Date: November 18, 2022 Author: Dev Anand
Main Photo: The bedroom style envisaged for the new Ruby Edinburgh Date: November 2022 Name: The Ruby Edinburgh – planned to open 2025 Location: Princes Street, Edinburgh, Scotland, UK Number of Keys: 300 Seller: TBA…the site was ground floor retail (Zara) with offices above Buyer: Ruby Group has partnered with Edinburgh-based real estate investment management…
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RD United Kingdom Recent Deals
Scala Capital Ltd Acquires Long Leasehold Asset – Hilton T5 Heathrow…Aimbridge EMEA To Manage
Date: November 18, 2022 Author: Dev Anand
Main Photo: The bar and restaurant area at the Hilton T5 – Mr Todiwala’s Kitchen Date: November 2022 Name: Hilton London Heathrow Terminal 5 Location: Heathrow Airport – T5, England, UK Number of Keys: 350 Seller: Shiva Hotels Buyer: Scala Capital Partners on behalf of unnamed investors Shiva Hotels have sold the Hilton London Heathrow…
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RD Caribbean RD Europe Recent Deals
Mexico’s Palace Resorts Acquires Italy-Based Baglioni Hotels & Resorts
Date: November 18, 2022 Author: Dev Anand
Main Photo: The Grand Hotel Baglioni Florence, one of the seven Baglioni hotels in the deal, with Milan opening 2023 Date: November 2022 Name: Palace Resorts and Baglioni Hotels & Resorts Locations: Mexico, Caribbean, USA, Italy, Maldives, London Number of Keys: Palace: 5,614; Baglioni: 532 Seller: Baglioni and it’s parent company, Cogeta Spa. In February…
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RD North America Recent Deals
Landry’s Tilman Fertitta Reportedly Considering $650-million Purchase of the Montage Laguna Beach
Date: November 9, 2022 Author: Dev Anand
Main Photo: The pool at Montage Laguna Beach Date: November 2022 Name: Montage Laguna Beach, opened in 2003 Location: Laguna Beach, California, USA Number of Keys: 260 Seller: China-based Dajia Insurance Group Co …what was Anbang Insurance. What was Strategic Hotels & Resort acquired the hotel in 2015 for $360m at a then record deal…
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RD Asia Recent Deals
The Dorchester Collection Announces First Asia Hotel Within the Torch Tower Japan
Date: November 9, 2022 Author: Dev Anand
Main Photo: The Torch Tower – imagined Date: November 2022 Name: TBA – to open 2028 Location: The Tokyo Torch, Tokyo, Japan Number of Keys: 110, 50% will be suites Developer: Mitsubishi Estate Co., Ltd. and Tokyo Century Corporation Manager: The Dorchester Collection The Dorchester Collection has been selected to manage the hotel within Torch…
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RD North America Recent Deals
Fortuna Hotel Collection Opens The Grayson Hotel in New York City Under Unbound Collection by Hyatt Brand
Date: November 9, 2022 Author: Dev Anand
Main Photo: The newly opened Grayson Hotel on West 39th Street, NY Date: November 2022 Name: Grayson Hotel Location: West 39th St., Midtown Manhattan, New York, NY, USA Number of Keys: 296 Seller: The site was four adjacent buildings, demolished in 2018, to allow contruction to start on The Grayson Buyer: Owned, developed and managed…
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RD United Kingdom Recent Deals
L+R Hotels Announce £25m Luxury Development in UK’s Devon Opening Summer 2023
Date: November 9, 2022 Author: Dev Anand
Main Photo: The original Highbullen Hotel Date: November 2022 Name: The Mole Resort – opening mid-2023 Location: Chittlehamholt, River Mole, North of Dartmoor, Devon, England, UK Number of Keys: 58 lodges and 36 hotel rooms, with plans to add a further 15/16 Seller: The site was formerly the Highbullen Hotel and acquired by the Chapman…
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RD Africa Recent Deals
IHG Partners With Msafiri To Expand It’s Hotel Portfolio Across Africa
Date: November 8, 2022 Author: Dev Anand
Main Photo: Holiday Inn Nairobi Two Rivers Mall Date: November 2022 Names: Holiday Inn Nairobi Two Rivers Mall, The Fairview Nairobi and Crowne Plaza Dar es Salaam Locations: Holiday Inn and Fairview – Nairobi, Kenya and Crowne Plaza in Dar es Salaam, Tanzania Number of Keys: 171, 127 and 148 Brand: IHG – Holiday Inn,…
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RD Europe Recent Deals
Pan-European Hotel Operator, Legendary Hotels & Resorts Launches In Iceland With Ambitious Plans
Date: November 7, 2022 Author: Dev Anand
Main Photo: The logo for the new company Date: November 2022 Name: Legendary Hotels & Resorts Location: Initially Iceland, with plans to expand across Northern Europe Number of Keys: TBA on this first hotel…Plans to have 1,000 keys within two years Seller: TBA Buyer: Legendary Hotels & Resorts, headed up by Dmitrijs Stals Legendary Hotels…
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RD North America Recent Deals
IHG Hotels & Resorts Launches First Dual-Brand Property in USA – avid and Holiday Inn & Suites
Date: November 7, 2022 Author: Dev Anand
Main Photo: IHG recently opened its first dual-branded avid hotels and Holiday Inn & Suites property in Mt. Juliet, Tennessee, USA Date: November 2022 Name: Dual-branded avid hotel and Holiday Inn & Suites Location: Around 10 miles of the Nashville International Airport Number of Keys: 168 total rooms, which includes 72 avid rooms and 96…
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Learn More Recent DealsHyatt Regency Lisbon Opens
Date: November 7, 2022 Author: Dev Anand
Main Photo: The exterior of the new Hyatt Regency – imagined Date: November 2022 Name: Hyatt Regency Lisbon Location: Belem, on the side of the River Tagus, Lisbon, Portugal Number of Keys: 204 including 105 suites…plus Residences Seller: TBA Buyer: Realtejo – Hotelaria e Turismo, S.A., owned subsidiary of United Investments Portugal and Fibeira Hyatt…