Caesars Entertainment sells The Rio for $516M
Caesars Entertainment Corporation (“Caesars Entertainment”), has signed an agreement to sell the Rio All-Suite Hotel & Casino (The Rio) in Las Vegas to an...
Värde Partners to sell luxury hotel portfolio to Covivio
Värde Partners, a global alternative investment firm, has agreed to sell a portfolio of eight luxury hotels operating under The Dedica Anthology brand to...
Apple Hospitality REIT buys two Hyatt hotels in Tempe, Arizona
Apple Hospitality REIT said it has acquired the new 105-room Hyatt House and 154-room Hyatt Place in Tempe, Arizona for $64.6 million. “We are pleased...
H.I.G. Capital acquires resort hotel in Norway
H.I.G. Capital has acquired Hotel Ullensvang, a 170-key upscale waterside resort located in Norway’s Hardangerfjord. Terms were not disclosed. “Hotel Ullensvang is an excellent addition...
Madison, Newbond launch $500m hospitality lending partnership
Madison Realty Capital and Newbond Holdings have launched Madison Newbond, an institutional lending platform that will provide first mortgages, mezzanine loans and preferred equity...
Mandarin Oriental sells Washington DC hotel to Handerson Park for $139m
Mandarin Oriental International has agreed to sell its Washington D.C. hotel to Henderson Park, a private equity real estate manager headquartered in London. On...
Perial AM acquires Barcelona hotel for €63m
Perial Asset Management has acquired a 5-star hotel in Sitges, south-west of Barcelona for €63 million from Angelo Gordon, a global manager of alternative...
LXi seals contract for £210m sale of 66 Travelodge hotels
LXi REIT has exchanged contracts unconditionally on the sale of 66 Travelodge branded hotels to the Travelodge group for £210 million. As announced on 22 November...
Heeton-led Singaporean consortium acquires Crowne Plaza London Kensington
Heeton Holdings Limited, together with KSH Holdings Limited and Ho Lee Group Pte Ltd, announced the completion of the joint acquisition of the Crowne...
China’s Huazhu Group acquires Deutsche Hospitality for €719m
Huazhu Group, a NASDAQ-listed multi-brand hotel group, headquartered in Shanghai, has entered into agreement to acquire all shares of Deutsche Hospitality, through its wholly...
