Slättö and Strawberry join forces for new Nordic hotel chain
Slättö, a Nordic private equity real estate investor, has joined forces with Petter Stordalen's Strawberry to launch an innovative hotel chain addressing a gap...
London’s iconic BT Tower sold to US hotel group for £275m
BT Group has agreed to sell the iconic BT Tower in London to US hotel group MCR Hotels for £275m. MCR Hotels intends to...
Deka Immobilien pays €62m for London hotel
Deka Immobilien has acquired the first-class hotel "Ruby Zoe" in London's prestigious Notting Hill Gate for €62 million for its open-ended property fund Deka-Immobilien...
H.I.G. Realty establishes Mediterranean resort platform under luxury brand
H.I.G. Capital's affiliates have combined their hotel assets to create a resort platform in Southern Europe under the Ella Hotels & Resorts (Ella). Ella is...
Accord invests in Noble Hospitality Fund V
Global real estate investment and capital advisory firm Accord Group Holdings has invested in Noble Investment Group's latest venture, Noble Hospitality Fund V, which...
Starwood snaps up central London hotel portfolio
Starwood Capital Group announced that one of its controlled affiliates has acquired a portfolio comprising 10 hotels in central London from Edwardian Group for...
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...
UK hotel transactions reach £2bn in 2023
In 2023, UK hotel transactions reached £2 billion, according to global property adviser Knight Frank. Notably, the sector saw its pinnacle in Q4, securing...
Canadian company unveils €450m hotel development plans across Portugal
Mercan Group, headquartered in Montreal, Canada, has revealed plans for a number of hotel developments to begin construction this year, signalling its significant investment...
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...