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Accor to sell 10.8% interest in Ennismore to Qatari consortium

Accor Tuesday said it is entering into exclusive negotiations to sell a 10.8% stake in Ennismore, the lifestyle hospitality company, to a Qatari consortium...

Hines, Accor announce plans for hotel in MilanoSesto

Hines and Accor have announced plans for a hotel at MilanoSesto, the largest urban redevelopment project in Italy and one of the biggest in...

ActivumSG’s fund divests hotel in Madrid for €65m

A fund managed by ActivumSG Capital Management has sold the 161-guest room Hard Rock Hotel Madrid it established by converting an office building in...

Bain Capital Credit, Stoneweg acquire resort hotel in Marbella, Spain

A real estate hospitality joint venture between Stoneweg Hospitality and Bain Capital Credit has agreed to acquire the group of companies that owns and...

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...

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...

Cascade Investment to buy controlling stake in Four Seasons

Bill Gates' Cascade Investment, L.L.C. is acquiring a controlling interest in Four Seasons Hotels and Resorts. Four Seasons Hotels and Resorts Wednesday announced that its...

Global hotel investment activity reaches $30bn in H1 2021

Global hotel investment activity reached $30 billion in the first half of 2021, inclusive of entity-level deals, representing a strong increase of 66% year-over-year...

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...

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...

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