Blackstone Real Estate divests Hawaii resort for $725m
Blackstone Real Estate has agreed to sell Turtle Bay Resort in Oahu, Hawaii for $725 million.
Blackstone purchased the hotel in 2018 for $332...
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...
Eurazeo, PSP Investments form JV to invest in European hotels
Global investment company Eurazeo and Canada's Public Sector Pension Investment Board (PSP Investments) have established a strategic partnership to invest in hotels across Europe.
The...
H.I.G. Realty buys real estate portfolio in central Madrid
H.I.G. Realty, an affiliate of H.I.G. Capital, has acquired a real estate portfolio in central Madrid, Spain, comprised of three buildings totalling 20,000 sqm.
The buildings will undergo an...
Dalata snaps up London hotel for £53.4m
Ireland-based hotel operator Dalata Hotel Group has agreed to acquire the long leasehold interest of the Apex Hotel London Wall for £53.4 million (€62.2...
CapitaLand Ascott Trust divests four properties in France for €44m
Singapore-listed lodging trust CapitaLand Ascott Trust (CLAS) has divested four mature serviced residences in regional France for €44.4 million (S$64.7 million).
The four properties...
ICG, Pro-invest form UK hospitality joint venture
Intermediate Capital Group's real estate arm ICG Real Estate and Pro-invest Group, an investor in hotels and commercial property assets, have formed a joint...
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, Starwood Capital to acquire Extended Stay for $6bn
Blackstone Real Estate Partners and Starwood Capital Group have agreed to acquire Extended Stay America, Inc., headquartered in Charlotte, North Carolina, the largest integrated...
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...
London hotel industry delivers stability and growth despite cost pressures
Newmark has released its first-ever London Hotels Report, offering a comprehensive analysis of the capital’s hotel sector, underscoring its resilience, strong investment appeal, and...
ActivumSG fund buys Nobu Hotel in Barcelona
A fund managed by ActivumSG Capital Management, a private equity investment manager, has acquired the recently renovated Nobu Hotel in central Barcelona from Spain’s...
