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CDL to sell Seoul hotel for KRW 1.1 trillion

Singapore-listed City Developments Limited (CDL) is divesting the Millennium Hilton Seoul hotel to Korean real estate investment manager IGIS Asset Management. City Developments Limited said Monday...

Azora buys Italian resort hotel operator Bluserena

Madrid-based European private equity real estate manager Azora has acquired Bluserena SPA, the second largest resort operator in Italy, from the Maresca family. The...

Henderson Park to acquire 12 Hilton hotels across UK, Ireland

European real estate investment platform Henderson Park has agreed to acquire a portfolio of 12 predominantly freehold Hilton branded hotels across the UK and...

Long Harbour buys freehold interest in Hilton Munich airport hotel for...

Long Harbour has completed a further ground lease transaction in Germany with the acquisition of the freehold interest in a Hampton by Hilton Munich...

Hyatt to buy Apple Leisure Group for $2.7bn

Hyatt Hotels Corporation is acquiring Apple Leisure Group (ALG), a luxury resort-management services, travel and hospitality group, from affiliates of each of KKR and KSL Capital...

Commerz Real acquires hotel project in Lübeck

Commerz Real has acquired a hotel project in Lübeck, Germany from the project developer GBI through its Luxembourg Commerz Real Institutional European Hotel Fund. The...

Värde Partners sells hotel in Barcelona for €96m

Värde Partners has agreed to sell Hotel Barcelona Apolo to Meliá Hotels International, the current hotel operator, for €96 million. The sale was agreed...

Partners Group, GIC, Salter Brothers to buy A$620m hotel portfolio in...

Swiss-based global private markets firm Partners Group, in partnership with Singaporean sovereign wealth fund GIC and Australian hospitality operator Salter Brothers, has agreed to...

JLL appoints Gilda Perez-Alvarado as global CEO, hotels & hospitality

JLL has appointed Gilda Perez-Alvarado as global CEO of its Hotels & Hospitality Group. Gilda Perez-Alvarado will succeed Mark Wynne-Smith, who will continue as...

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...

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