Manchester City and Radisson partner on new hotel at Etihad Campus
Radisson Hotel Group has partnered with Manchester City Football Club to develop a new 401-room hotel at the Etihad Campus, set to open in...
European hotel investment hits €21.9bn in 2024, highest since 2019
The European hotel market witnessed a remarkable resurgence in 2024, with total investment volumes reaching €21.9 billion, the highest annual figure since 2019 and...
Hilton launches its new brand for business travelers
Hilton (NYSE: HLT) has launched its new meetings-and-events-focused brand Signia Hilton, including a minimum of 500 guest rooms and 75 square feet per key of...
Hilton to develop 10 new hotels in Germany
Hilton has signed an agreement with Signo Hospitality (Signo),a hotel management company based in Regensburg, to develop 10 new hotels in Germany over the next...
Investors set to increase Asia Pacific hotel allocations in 2025
CBRE has unveiled the findings of its 2025 Asia Pacific Hotel Investor Intentions Survey, highlighting a surge in investor interest in the region’s hotel...
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...
SC Capital Partners consortium pays $900m for Japanese hotel portfolio
Singapore-headquartered private equity real estate firm SC Capital Partners has formed a consortium with Abu Dhabi Investment Authority (ADIA) and Goldman Sachs Asset Management...
Covivio expands Southern Europe hotel portfolio with Torremolinos acquisition
Covivio has acquired a 440-room hotel in Torremolinos, Spain, through its subsidiary Covivio Hotels, as the group continues to expand its presence in Southern...
Hyatt plans to grow its portfolio in Europe
Hyatt Hotels Corporation has announced the plans to grow its portfolio in Europe by the end of 2023 with more than 20 executed managed...
Caesars, VICI to sell Bally’s Atlantic City for $25m
Caesars Entertainment and VICI Properties have reached an agreement to sell the Bally’s Atlantic City Hotel & Casino to Twin River Worldwide Holdings Inc....
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...
Meridia fund makes second investment with Ibiza hotel acquisition
Meridia has acquired a hotel strategically situated on the northern coast of Ibiza, in Cala Portinatx, through its latest real rstate fund Meridia V.
Meridia...
