Tag: London Hotel Industry
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...
The Standard, London sold to Trinity, Oaktree and Partners Group
Trinity Investments, in partnership with funds managed by Oaktree Capital Management and Partners Group (on behalf of its clients), has acquired The Standard, London,...
Travelodge to convert St Paul’s office building into 95-room hotel
Travelodge has announced the acquisition of Genesis House, an office building located on Godliman Street in St Paul’s, London.
The 24,000 sq. ft. property,...
Dalata strikes deal for sixth hotel in London
Dalata Hotel Group has exchanged an agreement for lease for a new 4-star Clayton hotel to be developed on the Tower 42 Estate in...
LaSalle buys central London hotel for £56m
LaSalle Investment Management has bought a central London hotel from abrdn for £56 million on behalf of a UK Custom Account client.
The modern, 291-bedroom...
Pandox snaps up three aparthotels in central London
Sweden-based hotel property company Pandox AB has acquired three aparthotels in central London for approximately £230m.
The sellers are controlled affiliates of Starwood Capital.
Initially,...
Singapore’s Sun Venture acquires hotel in London
Singapore-based investment firm Sun Venture has completed its acquisition of the Hyatt Place London City East hotel from Resolution Property.
This marks Sun Venture’s first foray...
London’s iconic BT Tower sold to US hotel group for £275m
BT Group has agreed to sell the iconic BT Tower in London to US hotel group MCR Hotels for £275m.
MCR Hotels intends to...
Deka Immobilien pays €62m for London hotel
Deka Immobilien has acquired the first-class hotel "Ruby Zoe" in London's prestigious Notting Hill Gate for €62 million for its open-ended property fund Deka-Immobilien...
Starwood snaps up central London hotel portfolio
Starwood Capital Group announced that one of its controlled affiliates has acquired a portfolio comprising 10 hotels in central London from Edwardian Group for...
