Colony Capital completes exit from hospitality business
Colony Capital has completed the sale of six hospitality portfolios to Highgate and an affiliate of Cerberus Capital Management for $2.8 billion.
The transaction concludes...
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...
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...
Sun Communities agrees £768m sale of UK assets to Aermont
US-listed REIT Sun Communities said it has agreed to sell its UK assets, including the Park Holidays business, to funds affiliated with Aermont Capital...
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...
Cheyne provides €135.7m loan for Lisbon luxury hotel redevelopment
Cheyne Capital has provided a €135.7 million senior loan to finance the acquisition and redevelopment of a historic property in central Lisbon, supporting its...
Israeli hotel group buys historic hotel in London
Israeli hotel company Fattal Group, the owner of Leonardo Hotels UK & Ireland, has acquired the historic Dilly Hotel in London, England.
Opened in 1908,...
DiamondRock sells hotel in New York City for $185m
DiamondRock Hospitality Company has completed the sale of the 725-room Lexington Hotel in New York City for $185.3 million.
Including the company's projected capital expenditures, the sale price...
Crown Estate adds Piccadilly Regent Estate to London portfolio
The Crown Estate has completed the acquisition of the headlease of the Piccadilly Regent Estate, further expanding its presence in London's West End as...
Mandarin Oriental sells Washington DC hotel to Handerson Park for $139m
Mandarin Oriental International has agreed to sell its Washington D.C. hotel to Henderson Park, a private equity real estate manager headquartered in London.
On...
Union Investment buys Westfalen-Center Dortmund
Union Investment has acquired the Westfalen-Center Dortmund campus located close to Dortmund city centre.
The campus property comprises an office building that incorporates a hotel.
The campus occupies a 10,062...
Pandox completes acquisition of Dalata Hotel Group
Pandox AB (publ) has completed its acquisition of Dalata Hotel Group plc, further strengthening its position as one of Europe’s leading hotel property owners....
