Showing Results for tag: investment

Mint House secures $18m in investment

News Story / 29 March 2021

US: New York-based tech-enabled hotel company Mint House, which provides apartment-style accommodations in downtown areas for high-end business travellers, has secured $18 million in a new round of investment.

QHotels portfolio brought to market

News Story / 23 March 2021

UK: Aprirose has appointed PwC to seek a potential buyer for the QHotels collection, which comprises 20 four-star properties across the United Kingdom.

Pro-invest Group launches distressed hospitality fund

News Story / 23 March 2021

APAC: Global asset manager and investment firm Pro-invest Group has launched the Pro-invest Asia-Pacific Distressed Hospitality Fund for luxury, upper-upscale and upscale hotels in Asia, Australia and New Zealand.

Raines announces rebrand and expanded services

News Story / 04 March 2021

US: Hospitality management, development and investment group Raines (formerly Raines Hospitality) has announced an updated name and visual identity, two business divisions and new team members.

European hotel transactions in 2020 exceeds €10bn

News Story / 02 March 2021

Europe: Data from Cushman & Wakefield reveals that hotel transaction activity in Europe remained resilient with 43 per cent of deal volume taking place after the pandemic outbreak.

UK hotel investment declines 70 per cent in 2020

News Story / 11 January 2021

UK: Knight Frank’s Hotel Transaction Trends 2021 research reveals that investment volumes in 2020 reached £1.8 billion in the United Kingdom compared to £6 billion in 2019, with 81 per cent of the transaction volume occurring in quarter one.

Development Bank of Wales invests £2m in boutique hotel

News Story / 01 December 2020

UK: The Development Bank of Wales, the Wales Tourism Investment Fund along with the backing of of Visit Wales, has investment £2 million in a 16-bedroom hotel project located in Oyster Wharf.

Investment arm of Lulu Group plan $250m in acquisitions

News Story / 14 October 2020

Europe and India: The hospitality investment firm Twenty14 Holdings, part of the Lulu Group International retail empire, is set to spend $250 million over the next few years to acquire hotels in Europe and India.

Aria Resorts sees investment property boom

News Story / 02 September 2020

UK: Aria Resorts, a UK holiday company, has seen a 50 per cent rise in holiday property sales post-lockdown as the demand for staycations continue into the autumn.

€5.7b recorded for European hotel transactions H1 2020

News Story / 01 September 2020

Europe: Hotel transaction data from Cushman & Wakefield reveals the first half of 2020 saw an increase in investors retreating to their home regions, with 78 per cent of the recorded €5.7 billion originating from within Europe.

Mark Carney joins Brookfield to launch ESG

News Story / 01 September 2020

Canada: Mark Carney, the former governor of the Bank of England, has been appointed as vice chair and head of ESG and impact fund investing at Brookfield Asset Management.

Hotels in staycation destinations attract surge in buyers

News Story / 06 August 2020

UK: Colliers International has seen a 200 per cent uplift in formal viewings in July compared to the previous month, namely from investors, developers and lifestylers interested in staycation hotspots.

OTA Traveloka raises $250m to boost travel confidence

News Story / 31 July 2020

Asia: Jakarta-based online travel agency and app, Traveloka, has announced that it has raised $250 million to enhance its operations during the coronavirus crisis and restore confidence in the “resilience and the viability of the regional travel industry”.

Urban Living Webinar: Hotel Funding & Investment

Feature / 03 July 2020

In this week’s Urban Living webinar, industry leaders joined IHM editor in chief George Sell to discuss the way hotel funding and investment has changed in the wake of Covid-19

Metro Bank to fund Z Hotels

News Story / 28 February 2018

UK: Law firm Howard Kennedy has advised Metro Bank on an £18m loan to fund the purchase of an office building in Chandos Place for Z Hotels

MPC to invest in Hotel Clermont

News Story / 22 September 2017

US: Monarch Private Capital’s investment will help the rebuilding of historic Georgia hotel

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