Accor to expand its portfolio in Philippines
Accor will expand its portfolio in the Philippines with a new nine hotels signed this year which will be managed by the international augmented hospitality group.
With...
Blackstone to acquire Bellagio from MGM Resorts for $4.25bn
Blackstone Real Estate Income Trust(BREIT) and MGM Resorts International will form a 95%/5% BREIT-led joint venture to acquire the real estate assets of the...
Andaz Singapore hotel sold for S$475m
Singapore-based property developer Hoi Hup Realty has entered into a binding agreement with Ophir-Rochor Investments Pte Ltd, a wholly owned subsidiary of M+S Pte...
Hyatt opens its first hotel in Dublin
Hyatt Hotels Corporation announced the opening of the 234-room Hyatt Centric The Liberties Dublin, the first Hyatt branded hotel in Ireland, managed by Hodson Bay Group.
Located in...
AXA IM-Real Assets acquires 11 hotels in Europe for €531M
AXA Investment Managers - Real Assets (AXA IM - Real Assets) has entered into an agreement to acquire, on behalf of clients, a portfolio...
Hotels at Disneyland Paris sold for €240M
A joint venture led by UK-based private equity real estate fund manager Benson Elliot Real Estate Partners V, LP and Schroder Real Estate Hotels...
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:...
Principal Real Estate Europe sells hotel portfolio for €545M
Principal Real Estate Europe has sold a portfolio of 11 city centre hotels in major European cities to AXA Investment Managers – Real Assets...
Caesars Entertainment sells The Rio for $516M
Caesars Entertainment Corporation (“Caesars Entertainment”), has signed an agreement to sell the Rio All-Suite Hotel & Casino (The Rio) in Las Vegas to an...
Niam buys office and hotel property in Copenhagen
Swedish private equity firm Niam announced that it has acquired an office and hotel property, Copenhagen Towers in Ørestad, located approximately 10 minutes south...
Park Hotels completes acquisition of Chesapeake Lodging Trust for $2.5bn
Park Hotels & Resorts Inc. has completed its previously announced acquisition of Chesapeake Lodging Trust.
The announcement follows approval of the transaction by Chesapeake’s...
Commerz Real sells two hotels in London
Accor HotelInvest UK Limited has acquired two hotels, a four-star Novotel with 182 rooms and a two-star Ibis with 297 rooms, in London from...
