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Global hotel commercial real estate news, insights, trends including resorts, lodging, casino hotels, acquisitions, disposals and openings.

Accor to expand its portfolio in Philippines

Accor to expand its portfolio in Philippines

Accor will expand its portfolio in the Philippines with a new nine hotels signed this year which will be managed by the international augmented...
Crown resorts takeover

Australia’s Crown confirms $7.1bn takeover offer from Wynn Resorts

Australia’s entertainment group Crown Resorts has released a statement about media reports in relation to takeover proposal by Las-Vegas based Wynn Resort....
Service Properties Trust announces efforts to mitigate COVID-19 impact

Service Properties Trust announces efforts to mitigate COVID-19 impact

Service Properties Trust (Nasdaq: SVC) announced that due to the uncertainty from the rapidly evolving COVID-19 (coronavirus) pandemic on the U.S. economy...
US hotel industry

Pebblebrook Hotel Trust sells Hotel Palomar Washington

Pebblebrook Hotel Trust has sold the 335-room, Hotel Palomar Washington, DC for $141.5 million. The sale price of $141.5...
Accor HotelInvest buys two hotels in London

Commerz Real sells two hotels in London

Accor HotelInvest UK Limited has acquired two hotels, a four-star Novotel with 182 rooms and a two-star Ibis with 297 rooms, in...
Australian hotel news

AXA IM-Real Assets buys Australian hotel portfolio

AXA Investment Managers - Real Assets has acquired 831 room Australian hotel portfolio for A$330.4 million. The acquisition is...
Pandox buys seven hotel properties in Germany for €290m

Pandox buys seven hotel properties in Germany for €290m

Pandox, a hotel property company in northern Europe, has acquired seven hotel properties with a total of 1,532 rooms in Germany from HR Group for...
Goldman Sachs to buy B&B Hotels for €2bn

Goldman Sachs in talks to buy B&B Hotels for €2bn

Goldman Sachs is in talks to purchase France-based economy hotel chain B&B Hotels from private equity firm PAI Partners for about 2...
European hotel real estate investment hits record in 2019

European hotel real estate investment hits record in 2019

European hotel real estate investment increased by 13.9 percent year-on-year in Q4 2019, reached to a record-breaking €27.8 billion, according to the...
CapitaLand's Ascott opens serviced residence in Osaka

CapitaLand’s Ascott opens serviced residence in Osaka

CapitaLand’s wholly owned lodging business unit, The Ascott Limited (Ascott),has opened its first Citadines serviced residence in Osaka, Japan.

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