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A joint partnership among Trinity Investments, funds managed by Oaktree Capital Management and funds managed by UBS Asset Management’s Real Estate & Private Markets Multi-Managers business has acquired Park Hyatt Zurich, a 138-key luxury hotel with ancillary office and parking elements. The joint partnership purchased the hot...
Hilton has acquired a majority controlling interest in Sydell Group to expand the NoMad Hotels brand from its existing London flagship location to high-end markets around the world. Following the acquisition, NoMad will become Hilton's first luxury lifestyle brand and the group is in advanced discussions to open 10 new NoMad ...
According to several media reports, the five-star, 210-room Bauer Hotel in Venice has been acquired by global investment firm King Street Capital Management, one of Signa‘s sponsors. The hotel will be operated by Rosewood Hotels & Resorts. The hotel chain and Signa have signed a management contract for the new landmark in 202...
Red Construction Group is celebrating a major milestone in the creation of the £22m voco Zeal Exeter Science Park, one of the UK's first full life cycle net zero carbon hotels. Being delivered by Red Construction's South West team, it is being constructed with half the embodied carbon of a standard hotel, while generating 100...
IHG Hotels & Resorts (IHG) and Novum Hospitality recently entered into a major partnership that will see IHG double its presence in Germany, expanding its offering to more than 200 hotels in nearly 100 cities.
Numa Group is driving its expansion strategy in The Netherlands with a new central property in The Hague. The newest 51-unit property in the country is in partnership with the Dutch investment developer Re:Born.
CBE Capital has secured a €95m Greek senior bond loan facility from Piraeus Bank in Athens for its club-deal investment into a new Six Senses Hotel and branded residences to be developed in Porto Heli on the Greek mainland.
Approximately £1.7bn of UK real estate was transacted by hotel investors in the first quarter of 2024, according to new data from Cushman & Wakefield. This represented a surge in activity to the tune of 138% versus Q1 2023.
IHG Hotels & Resorts signs Kimpton Lisbon, the first Kimpton Hotels & Restaurants property in the Portuguese capital. Set to open its doors in early 2025, the boutique luxury hotel marks the second Kimpton to come to Portugal, following the signing of Kimpton Algarve São Rafael Atlántico in late 2023.
JP and JP Hospitality Investors Club celebrate major milestones with successful deployment of capital to six hotels across Europe and opening of the Hoxton Vienna.
The Radisson Collection Hotel in Berlin's DomAquarée complex is set to be relaunched with a new lobby concept. At the reopening currently scheduled for the end of this year, a 16-metre-high vertical garden will be unveiled as the new centrepiece of the hotel lobby. Covering around 120 square metres, the vertical garden rises ...
As part of their second joint venture, the Reiss & Co. Group and PEG - Projektentwicklungsgesellschaft Hamburg mbH, have concluded a long-term lease to Premier Inn. The property is a new development at 21-25 Adenauerallee, with a total area of around 10,000 square metres.
The Iberian Peninsula and Italy have emerged as the most sought-after hotel investment destinations in Europe for 2024, according to Cushman & Wakefield's latest sector analysis.
Nrep has acquired Comfort Hotel Karl Johan, a 260-room hotel in the heart of Oslo, from CBRE Investment Management. Featuring a bar in the backyard terrace and fitness room, the hotel is centrally located within a 2-minute walk from Oslo Central Station and is surrounded by many of the city's best shops and restaurants.
Homes England and Network Rail Property have signed a development agreement with McLaren Property and Arlington Real Estate to be strategic development partners for York Central, one of the UK's largest city centre regeneration schemes.