H.I.G. Realty provides £76m financing to Shiva Hotels
H.I.G. Realty, an affiliate of H.I.G. Capital, has provided £76 million mezzanine financing to Shiva Hotels, backed by a portfolio of prime hotel assets in...
Ascott Residence Trust to sell serviced residences for S$191.4m
Singapore-listed hospitality trust Ascott Residence Trust (ART) has entered into two conditional agreements to sell serviced residences, Ascott Guangzhou in China and Citadines Didot...
AHIP REIT to acquire US hotel portfolio for $191m
American Hotel Income Properties REIT LP (AHIP) has agreed to acquire a portfolio of 12 well-maintained premium branded hotels for US$191 million excluding closing...
Perial AM buys hotel near Frankfurt for €18m
Perial Asset Management has acquired a hotel in Offenbach, close to Frankfurt, for €18 million for the SCPI PF Hospitalité Europe fund. The 7,638 sqm...
Oakwood to open hotel in Melbourne
Global serviced apartment operator Oakwood, a wholly owned subsidiary of Singapore's Mapletree Investments, will open its second Oakwood Hotel & Apartments in Australia. According to...
Archer Hotel Capital buys two hotels in London for £215m
Archer Hotel Capital has acquired the 210-key Hoxton Shoreditch and the 220-key Hoxton Holborn hotels in London from Norlake Hospitality for £215 million. The...
Park Central San Francisco to rebrand under Hyatt Regency
Hyatt Hotels Corporation announced today that a Hyatt affiliate has entered into a franchise agreement with 50 Third Street Owner LP for Park Central San...
H.I.G. Capital announces investment in Portopiccolo, Italy
H.I.G. Capital, LLC announced that one of its affiliates has recently completed an investment in Portopiccolo, a state of the art, self-contained luxury complex...
Hines, Accor announce plans for hotel in MilanoSesto
Hines and Accor have announced plans for a hotel at MilanoSesto, the largest urban redevelopment project in Italy and one of the biggest in...
Joint venture pays £130m for Hilton London Olympia
A joint venture between Frogmore and C1 Capital has announced the acquisition of three hotels in the UK for £152 million. The joint venture acquired the Hilton London...