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...
ActivumSG fund buys hotel operator Odyssey
A fund managed by ActivumSG Capital Management has acquired hotel operator Odyssey Hotel Group.
The purchase, details of which are not being disclosed, is the...
India’s Hero forms £500m JV with Catalyst Capital to invest in UK
India's Hero Enterprise has formed a £500 million joint venture with Catalyst Capital, the European real estate investment and asset management firm, to invest...
Service Properties Trust terminates agreements with Marriott for 122 hotels
SVC Terminated Marriott Agreements for Failure to Meet 80% Termination Threshold for Cumulative Owner’s Priority Returns to SVC through August
SVC Plans to Transfer the...
Criterion secures full ownership of St Giles London Hotel
Criterion Capital has completed the acquisition of the 732-room St Giles London Hotel on Tottenham Court Road, bringing one of the West End’s most...
ActivumSG acquires luxury resort in Spain for €175m
ActivumSG has acquired the five-star luxury Fairmont La Hacienda resort hotel in Spain’s Costa del Sol for €175 million.
The transaction was completed on...
Kennedy Wilson completes $178M of UK asset sales
Global real estate investment company Kennedy Wilson has completed the sale of two wholly owned U.K. properties, including the Fairmont St Andrews resort in Scotland and...
CPI Europe offloads Budapest hotel in €115m deal
CPI Europe has announced two major real estate transactions in Central and Eastern Europe, marking significant progress in its ongoing strategy to divest lower-yielding...
Dalata pays £44.3m for new London hotel
Ireland-based Dalata Hotel Group has purchased a new 192-bedroom hotel at 240 Seven Sisters Road, Finsbury Park in North London.
Under the transaction, Dalata...
Radisson Hotel Group to enter New Zealand with four new hotels
Radisson Hotel Group has signed hotel management deal to enter New Zealand with four new-build properties comprising 777 keys and covering three industry-leading brands:...
Tristan grows European budget hotel portfolio with easyHotel deal
Tristan Capital Partners, through its opportunistic fund European Property Investors Special Opportunities 6 (EPISO 6), has expanded its footprint in the European budget 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...
