Värde Partners sells hotel in Barcelona for €96m
Värde Partners has agreed to sell Hotel Barcelona Apolo to Meliá Hotels International, the current hotel operator, for €96 million. The sale was agreed...
IHG to open its fifth voco hotel in Sydney CBD
Inter Continental Hotels Group (IHG) announced that it will open its fifth 'voco' hotel in Australia in Sydney CBD with developer Linzhu Australia Pty...
Eldorado Resort and Casino in Shreveport, Louisiana sold for $230m
Eldorado Resorts announced that it has agreed to sell the Eldorado Resort and Casino in Shreveport, Louisiana to Maverick Gaming LLC for $230 million. The...
CPIPG closes sale of Swiss ski resort business to Vail Resorts
CPI Property Group (CPIPG) has completed the sale of our ski resort business in Crans Montana, Switzerland. CPIPG sold approximately 84% of the shares of...
MSD Partners to acquire Boca Raton Resort & Club from Blackstone
MSD Partners has entered into a definitive agreement to acquire the Boca Raton Resort & Club from an affiliate of Blackstone. Boca Raton Resort...
Hyatt to grow brand portfolio in India more than 70% by 2023
Hyatt Hotels Corporation said Wednesday that it plans to grow its brand portfolio in India by more than 70% by 2023. With over 20 executed...
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...
Apple Hospitality REIT acquires hotel in Orlando
Apple Hospitality REIT announced has acquired and opened the new 128-room Home2 Suites by Hilton Orlando Airport for $20.7 million, or approximately $162,000 per...
Accor to sell 10.8% interest in Ennismore to Qatari consortium
Accor Tuesday said it is entering into exclusive negotiations to sell a 10.8% stake in Ennismore, the lifestyle hospitality company, to a Qatari consortium...
Hyatt to buy Apple Leisure Group for $2.7bn
Hyatt Hotels Corporation is acquiring Apple Leisure Group (ALG), a luxury resort-management services, travel and hospitality group, from affiliates of each of KKR and KSL Capital...