Israeli hotel group buys historic hotel in London
Israeli hotel company Fattal Group, the owner of Leonardo Hotels UK & Ireland, has acquired the historic Dilly Hotel in London, England. Opened in 1908,...
SC Capital Partners consortium pays $900m for Japanese hotel portfolio
Singapore-headquartered private equity real estate firm SC Capital Partners has formed a consortium with Abu Dhabi Investment Authority (ADIA) and Goldman Sachs Asset Management...
a&o Hostels to invest €500m in European expansion
European hostel chain a&o is set to invest around €500 million in its expansion across the continent. The company's growth strategy focuses on converting...
Starwood Capital Group sells a hotel in Miami for $610 million
Starwood Capital Group has sold the 1 Hotel South Beach in Miami Beach, Florida for $610 million to Host Hotels & Resorts. Starwood Capital Group...
Chesapeake Lodging Trust to sell NewYork hotels for $138m
Chesapeake Lodging Trust, a self-advised lodging real estate investment trust (REIT) focused on investments primarily in upper-upscale hotels in major business and convention markets,...
Hyatt opens Great Scotland Yard hotel
Hyatt Hotels Corporation announced the opening of the 152-room Great Scotland Yard hotel as part of The Unbound Collection by Hyatt. On the site of the former...
Twin River to acquire two Eldorado casinos for $155m
Twin River Worldwide Holdings, Inc. (Twin River) has entered into an agreement with Eldorado Resorts, Inc. (Eldorado) to acquire Eldorado Shreveport Resort and Casino...
JLL appoints Gilda Perez-Alvarado as global CEO, hotels & hospitality
JLL has appointed Gilda Perez-Alvarado as global CEO of its Hotels & Hospitality Group. Gilda Perez-Alvarado will succeed Mark Wynne-Smith, who will continue as...
CIM Group provides $67.5m loan for San Francisco hotel
CIM Group Thursday said CIM-managed fund has provided a $67.5 million loan to The Roxborough Group and AWH Partners to acquire Hotel Villa Florence...
UKCM invests in £62.7m in Leeds hotel development
UK Commercial Property REIT (UKCM) has acquired a hotel development opportunity in Leeds for £62.7 million. The REIT purchased the property from Marrico (Sovereign Square)...
