Green light for major Hammersmith office-to-hotel conversion
Legendre UK, alongside joint venture partners Central & Provincial and Candour Properties, has secured full planning consent for a major office-to-hotel conversion in West...
Commerz Real buys hotel complex in Lisbon
Commerz Real has acquired a hotel complex in Lisbon managed under the DoubleTree by Hilton brand for its Commerz Real Institutional Hotel Fund from...
IHG to open three hotels in New Caledonia
InterContinental Hotels Group (IHG) will make a grand entrance into New Caledonia with the signing of three hotels that will open between 2021 and 2024.
The...
Hilton corporate response to COVID-19
The novel coronavirus (COVID-19) has created unprecedented challenges for our industry, our hotels and our Team Members. Hilton Worldwide Holdings Inc. (NYSE: HLT) is...
Marriott announces world’s largest hotel-branded residential project
Marriott International has signed an agreement with Vietnam-based real estate firm Masterise Homes to develop a dual-branded residential and officetel project in Ho Chi Minh...
Apple Hospitality REIT buys hotel in Greenville, South Carolina
Apple Hospitality REIT has acquired a130-room Hyatt Place in downtown Greenville, South Carolina for $30 million, or $231,000 per key.
“Greenville has benefited from the...
H.I.G. Realty provides £76m financing to Shiva Hotels
H.I.G. Realty, an affiliate of H.I.G. Capital, has provided £76 million mezzanine financing to Shiva Hotels, backed by a portfolio of prime hotel assets in...
CA Immo sells hotel and office property in Vienna
Vienna-based real estate group CA Immo has sold a building complex consisting of the Hotel Savoyen and the office building at the Botanical Garden...
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...
Proprium sells €1.25bn stake in Motel One to majority owner
Real estate private equity firm Proprium Capital Partners has sold its 35% stake in Motel One Group to the majority shareholder One Hotels &...
Nrep snaps up one of Stockholm’s largest hotels
Nrep, via Nordic Strategies Fund V, has purchased one of Stockholm’s largest hotels, Clarion Hotel Stockholm, from Aspelin Ramm Fastigheter AB.
Nrep said the hotel...
Dalata explores potential sale as part of strategic review
Dalata Hotel Group has announced the commencement of a strategic review aimed at exploring options to optimise capital opportunities and enhance shareholder value.
This...
