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...
Peakside buys luxury hotel in Frankfurt
Peakside Capital Advisors (Peakside) has acquired the luxury hotel Hessischer Hof and an adjacent office property in Frankfurt from the Hessische Hausstiftung. The properties will...
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...
European hotel market poised for investment surge
The European hotel market is poised for a surge in investment this year, according to CBRE's 2024 European Hotel Investor Intentions Survey. A whopping...
Ashford Trust acquires a hotel in California
Ashford Hospitality Trust, Inc. has acquired Hilton Santa Cruz/Scotts Valley in Santa Cruz, California for $50 million. To fund the acquisition the company used...
Park Hotels completes acquisition of Chesapeake Lodging Trust for $2.5bn
Park Hotels & Resorts Inc. has completed its previously announced acquisition of Chesapeake Lodging Trust. The announcement follows approval of the transaction by Chesapeake’s...
Circus Circus Las Vegas sold for $825m
MGM Resorts International announced that it has closed on its sale of Circus Circus Las Vegas and the 37 adjacent acres for $825 million, subject...
Eldorado Resorts announces FTC clearance for pending merger with Caesars
Eldorado Resorts, Inc. (NASDAQ: ERI) (“Eldorado,” “Eldorado Resorts” or the “Company”) announced today that the Federal Trade Commission (the “FTC”) has accepted a proposed...
Crown Resorts receives $6.2bn acquisition proposal from Blackstone
Australian casino operator Crown Resorts has received an acquisition proposal from Blackstone that values the company at A$8.02 billion ($6.2 billion). Crown Resorts said on...
JLL secures $450m loan for Waikiki beach hotel
JLL's Hotels & Hospitality Group has secured a $450 million loan for the Hyatt Regency Waikiki Beach Resort & Spa. in Honolulu, Hawaii. JLL worked on behalf...
