Service Properties Trust to transfer 103 hotels to Sonesta from IHG
-Rebranding Hotels to Sonesta Expected to Improve SVC Operating Results
-IHG Failed to Pay Owner’s Priority Returns to SVC for July and August
Service Properties Trust (Nasdaq:...
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...
Goldman Sachs, Cedar buy hotel and golf resort near Birmingham
Goldman Sachs Asset Management and Cedar Capital Partners have purchased The Belfry Hotel & Resort located near Birmingham in the United Kingdom from an...
Union Investment makes first acquisition in Scandinavian hotel market
Union Investment has entered the Scandinavian hotel market with the acquisition of planned 25hours Hotel Paper Island in Copenhagen.
The property is part of the...
Ennismore, Cain enter partnership for Delano
Cain International, the privately held investment firm, and Ennismore, the lifestyle hospitality company and joint venture with Accor, which holds a majority shareholding, have...
Starwood snaps up central London hotel portfolio
Starwood Capital Group announced that one of its controlled affiliates has acquired a portfolio comprising 10 hotels in central London from Edwardian Group for...
Leonardo Hotels acquires Zien Group with 12 hotels in The Netherlands
Fattal Hotel Group's European arm Leonardo Hotels has agreed to acquire the Zien Group and its 12 hotels in the Netherlands from affiliates of...
Partners Group acquires Spanish hospitality platform Bluesea Hotels
Partners Group, acting on behalf of its clients, has acquired a majority stake in Bluesea Hotels, a hospitality platform based in Spain.
The acquisition...
Criterion secures second City of London site for new hotel
Criterion Capital has announced the acquisition of Mansell Court in Tower Bridge, in the City of London, further expanding its Zedwell Hotels portfolio.
The...
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....
Covivio acquires four-hotel Milan portfolio for €217m
Covivio, through its subsidiary Covivio Hotels, has acquired a portfolio of four four-star hotels in Milan for a total consideration of €217 million, representing...
Alma Property secures €160m first close for Nordic value-add fund
Alma Property Partners has held a €160 million first close for Alma IV, its fourth Nordic value-add real estate fund.
The first close was backed...
