CA Immo sells hotel and office property in Vienna
Vienna-based real estate group CA Immo has sold a building complex consisting of the Hotel Savoyen and the office building at the Botanical Garden...
CapitaLand Ascott Trust divests four properties in France for €44m
Singapore-listed lodging trust CapitaLand Ascott Trust (CLAS) has divested four mature serviced residences in regional France for €44.4 million (S$64.7 million). The four properties...
Proprium sells €1.25bn stake in Motel One to majority owner
Real estate private equity firm Proprium Capital Partners has sold its 35% stake in Motel One Group to the majority shareholder One Hotels &...
Hyatt and BTG Hotels to create new hospitality brand
Hyatt Hotels Corporation and BTG Hotels Co. have entered a strategic joint venture to create a new hospitality brand to expand across China. The...
Radisson opens two hotels in New York City
Radisson has announced the opening of two hotels in Manhattan, New York City, Radisson Hotel New York Midtown-Fifth Avenue located at 25 West 51st Street and Radisson...
Park Hotels sells hotel in Los Angeles for $117m
Park Hotels & Resorts Inc. has sold the 182-room Ace Hotel Downtown Los Angeles, located in Los Angeles, CA, for $117.0 million. “We are very...
Ascott Residence Trust to join international real estate investment index
Ascott Residence Trust (ART), the hospitality trust in Asia Pacific, announced it will be included in the FTSE EPRA Nareit Global Real Estate Index...
Blackstone, Starwood Capital to acquire Extended Stay for $6bn
Blackstone Real Estate Partners and Starwood Capital Group have agreed to acquire Extended Stay America, Inc., headquartered in Charlotte, North Carolina, the largest integrated...
Henderson Park to acquire 12 Hilton hotels across UK, Ireland
European real estate investment platform Henderson Park has agreed to acquire a portfolio of 12 predominantly freehold Hilton branded hotels across the UK and...
Blackstone acquires Crown Resorts, its largest investment to date in Asia
Blackstone has completed the acquisition of Crown Resorts for A$8.9 billion (US$6.2 billion). Blackstone said the acquisition is 'its largest investment to date' in Asia...
