Tag: hotel news

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...

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

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

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

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...

Accor has sold a 1.5% stake in Huazhu Group Limited, a multi-brand hotel management company in China, for €239 million. Accor said, after this transaction, it owns a 3.3% stake in Huazhu and...

A fund managed by ActivumSG Capital Management has acquired hotel operator Odyssey Hotel Group. The purchase, details of which are not being disclosed, is the...

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...