Showing Results for tag: acquisition
Vaycaychella adds Cuban hotel to portfolio
US: Vaycaychella, the sharing economy venture from World Series of Golf [WSGF], has announced the acquisition of a six-room boutique hotel in Cuba.
The Inn Collection acquires first site in Lancashire
UK: The Lindum Hotel in Lytham St Annes has joined The Inn Collection Group’s portfolio of 15 pubs with rooms, and marks the group’s fifth acquisition in 2020.
Marriott eyes full ownership of Design Hotels
Worldwide: Design Hotels has reported that a formal request has been submitted by Marriott DH Holding AG to acquire the outstanding five per cent shares of the consortia.
Les Hôtels d’en Haut acquires three properties from chef Édouard Loubet
France: Operator of luxury boutique hotels, Les Hôtels d’en Haut, has acquired three properties in Luberon, Provence, from Loubet for an undisclosed amount.
The Portfolio Club acquires Wellington block in Covent Garden
UK: The Portfolio Club (TPC), a joint venture between APG and London Central Portfolio, has acquired the Wellington block from Capital & Counties Properties PLC (Capco) for £76.5 million.
The Inn Collection Group acquires Churchill Inn
UK: Christie & Co has completed the sale of Churchill Inn in the South Lakeland town of Ambleside in Cumbria to The Inn Collection Group for an undisclosed price.
Barnsdale Hall Hotel sells for £10m
UK: The lakeside resort in Rutland has been sold to Dineshbhai and Savitaben Patel on behalf of the trustees, selling off a guide price of £10 million.
Bellinzona Resort sells to local operators
AUS: Daylesford’s Bellinzona Resort has been sold to local accommodation operators, Tony De Marco and Theresa Albioli.
Beyond Green Travel acquired by Preferred Hotel Group
UK: Preferred Hotel Group, Inc., the family-owned parent company of Preferred Hotels & Resorts, has announced the acquisition of Beyond Green Travel, a tourism organisation providing sustainable services and consulting.
The Inn Collection Group acquires fourth Lake District site
UK: The Alchemy-backed group has purchased a landmark Cumbrian coaching inn, The Swan in Grasmere.
Shepherd Cox acquires Crab Manor Hotel
UK: Hotel group Shepherd Cox has recently acquired the five-star hotel in North Yorkshire, along with its double AA Rosette Crab and Lobster restaurant.
AJ Capital acquires Macdonald Marine Hotel & Spa
Scotland: Adventurous Journeys (AJ) Capital Partners has announced the acquisition of the 83-key hotel in North Berwick, Scotland.
Preferred Hotels and Resorts announce 24 new members
Worldwide: The global hotel brand Preferred Hotels and Resorts announced its addition of 24 new properties to its portfolio.
BlackRock and Amistat acquire Dublin hostel from Patron Capital
Ireland: An investment partnership with BlackRock Real Assets and operator Amistat International has acquired the Jacobs Inn hostel from Patron Capital and CoDE Pod Hostels.
Reuben Brothers acquire Hotel La Palma in Capri
Italy: The acquisition marks the latest in the Reuben’s pipeline of investments and developments in Europe, closely following that of La Residence hotel in Mykonos last week.
The Inn Collection Group acquires second Yorkshire site
UK: The purchase of The Black Swan marks the second acquisition of 2020 for the group, taking its portfolio total up to 13.
IHG adds Six Senses to its stable of brands in $300 million deal
Thailand: IHG has bought Six Senses Hotels Resorts Spas from private equity fund Pegasus Capital Advisors for US$300 million.
Hyatt makes major boutique and lifestyle play with $480m purchase of Two Roads Hospitality
US: Hyatt Hotels Corporation has announced an agreement to acquire Two Roads Hospitality, which includes the Alila, Destination, Joie de Vivre, Thompson and tommie brands.
Accor to acquire half share in Mantis Group
South Africa: Accorhotels has signed a strategic agreement to acquire a 50 per cent stake in hospitality and travel company Mantis Group.
Starwood Capital close to selling Principal Hotels in £750 million deal
UK: French real estate investment firm Foncière des Régions (FdR) is close to concluding a deal to acquire the Principal Hotels portfolio from Starwood Capital.
Interstate buys Gateway management platform
US: Interstate Hotels & Resorts has acquired the management platform from Gateway Hospitality Group.
Mantra Group buys Art Series Hotel Group
Australia: Mantra Group has entered into an agreement with the Deague Group to acquire the Art Series Hotel Group for around AUS$52.5 million.
Leonardo Hotels doubles UK portfolio with acquisition of Portland Hotels
UK: Leonardo Hotels has acquired Portland Hotels, giving it a portfolio across Scotland and gaining a presence in Glasgow, Perth and Aberdeen.
