Chinese firm acquires Fernie Castle Hotel in Scotland
Chinese real estate company MDJM's wholly owned subsidiary in the United Kingdom, MD Local Global Limited (MD UK), has agreed to acquire Fernie Castle Hotel,...
Henderson Park snaps up landmark Edinburgh hotel
Henderson Park, in a joint venture with Klarent Hospitality, has acquired a landmark hotel, Waldorf Astoria Edinburgh – The Caledonian. Completed in 1903, the five star 241-room...
LXi completes £210m sale of 66 Travelodge hotels
LXi REIT, following its announcement of 8 January 2024, the company has completed on the sale of 66 Travelodge branded hotels to the...
Inter Continental Hotels Group opens its 100th Hotel Indigo
Inter Continental Hotels Group has opened its 100th Hotel Indigo® property globally, Hotel Indigo® Berlin East Side Gallery. The brand was established in 2004...
Hyatt to open 21 new luxury hotels in Asia Pacific by 2020
Hyatt Hotels Corporation plans to open 21 new luxury hotels and resorts in Asia Pacific by the end of 2020. According to the announcement, the company...
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...
PPHE Hotel Group secures £180m for London hotel development
PPHE Hotel Group has entered into a syndicated facility agreement arranged by Bank Hapoalim B.M. for a facility of up to £180 million to fund...
Starwood Capital makes first real estate investment in Denmark
Starwood Capital Group (Starwood Capital) has made its first real estate investment into Denmark. The company acquired the Skt. Petri hotel in Copenhagen from...
Long Harbour buys freehold interest in Hilton Munich airport hotel for €14m
Long Harbour has completed a further ground lease transaction in Germany with the acquisition of the freehold interest in a Hampton by Hilton Munich...
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...