Brookfield pays €175m for Madrid hotel
Brookfield Asset Management has purchased the Hotel Princesa Plaza complex, located at Calle Princesa, 40 in Madrid from Colony Capital for €175 million.
The asset...
Pebblebrook Hotel Trust, SH Hotels announce 1 Hotel San Francisco
Pebblebrook Hotel Trust, a publicly traded real estate investment trust(REIT) and SH Hotels & Resorts announced the property redevelopment plan at Hotel Vitale in San...
Apple Hospitality REIT acquires hotel in Orlando
Apple Hospitality REIT announced has acquired and opened the new 128-room Home2 Suites by Hilton Orlando Airport for $20.7 million, or approximately $162,000 per...
Pebblebrook Hotel Trust to sell two hotels in US for $331m
Pebblebrook Hotel Trust, a publicly traded real estate investment trust (REIT), announced it has agreed to sell two hotels, the 422-room InterContinental Buckhead Atlanta...
Oxford Capital signs agreement with Union Investment for DC hotel
Oxford Capital Group has signed a new long-term lease and management agreement for the Thompson Washington D.C. with the owner of the property, Germany's Union Investment.
Oxford...
Empira and Ruby collaborate on first hotel project in Berlin
Empira Group is set to launch its first hotel development in Berlin.
In collaboration with the Ruby Group as the operator, the hotel will...
Eldorado Resort and Casino in Shreveport, Louisiana sold for $230m
Eldorado Resorts announced that it has agreed to sell the Eldorado Resort and Casino in Shreveport, Louisiana to Maverick Gaming LLC for $230 million.
The...
Union Investment offloads Berlin hotel in €36m deal
Union Investment has completed the sale of the Hotel Park Plaza “Wallstreet” in Berlin to the Deutschen Beamtenwirtschaftsbund for approximately €36 million, a figure...
Hyatt to open new hotel in London
Hyatt Hotels Corporation announced that a Hyatt affiliate has entered into management agreement with R&F UK for a new Hyatt-branded hotel in London.
The...
Evolution Investment Fund invests £1.1bn in two Mayfair hotel assets
In a massive display of confidence in the UK’s high-end real estate sector, the newly established Evolution Investment Fund has announced its debut into...
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...
Xenia Hotels & Resorts to sell seven-hotel portfolio for $483m
Xenia Hotels & Resorts, Inc., a self-advised and self-administered REIT, owns 39 hotels comprising 11,245 rooms across 16 states in the U.S announced that...
