Radisson to open hotel in Paris’ Triangle project
URW and AXA IM Alts have signed an agreement with Radisson Hotel Group for the opening of a hotel in the Triangle project in...
UK hotel market achieves robust growth despite challenging climate
The latest findings from Knight Frank's UK Hotel Trading Performance Review 2023, in partnership with HotStats, reveal a resilient UK hotel sector that has...
Saudi investment fund to acquire stake in Rocco Forte Hotels
Saudi Arabia’s sovereign wealth fund the Public Investment Fund has agreed to acquire a significant minority stake in Rocco Forte Hotels. Established in 1996 by Sir...
Vail to acquire Crans-Montana ski resort in Switzerland
Vail Resorts, the New York Stock Exchange-listed mountain resort company, has agreed to acquire Crans-Montana Mountain Resort in Switzerland from CPI Property Group. Vail Resorts is...
LXi REIT to sell £210m Travelodge hotel portfolio
LXI REIT, a real estate investment trust incorporated in England and Wales, has responded to recent press speculation regarding the potential sale of 66 Travelodge hotels. The company...
Veld Capital provides €63m loan for refinancing of Dutch hospitality assets
Veld Capital, a private credit and real estate specialist investor, has provided a €63m senior secured loan for the refinancing of hospitality assets to...
Covivio, AccorInvest in talks to consolidate property and business assets
Covivio has entered into exclusive negotiations with AccorInvest to consolidate their jointly held hotel properties and business assets. Through its subsidiary Covivio Hotels, Covivio owns...
Singapore’s GIC invests in Blackstone’s hotel investment platform
GIC, a global institutional investor, is investing in Hotel Investment Partners (HIP), a resort hotel group in Southern Europe. HIP was founded in 2015 and...
Trinity to invest in European real estate hospitality assets
US based hospitality-focused real estate investor Trinity Investments has established a London office as part of its global expansion. The new office location in...
H.I.G. Realty buys real estate portfolio in central Madrid
H.I.G. Realty, an affiliate of H.I.G. Capital, has acquired a real estate portfolio in central Madrid, Spain, comprised of three buildings totalling 20,000 sqm. The buildings will undergo an...