Hotel
AJ Capital buys Adelphi Portrush Hotel
UK: Adventurous Journeys (AJ) Capital Parters have acquired the Adelphi Portrush Hotel in Northern Ireland which will join the Marine & Lawn Hotels & Resorts collection.
Hotel
Slieve Donard sold to AJ Capital Partners
UK: Hastings Hotels has announced the sale of Slieve Donard Resort and Spa to Adventurous Journeys (AJ) Capital Partners. Hastings Hotels has described the sale as a “positive development” as the group plans to invest in its portfolio of six other hotels. These include the Grand Central and Europa Hotels
Industry
Marine & Lawn from AJ Capital Partners to launch this summer
UK: Owned by US firm AJ Capital Partners, Marine & Lawn is a high end collection of golf hotels and will launch with three properties in Scotland – two this summer, and one in 2022. The first three properties in the collection are positioned along the Scottish golf coast. F&B
Hotel
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. Located 24 miles from Edinburgh, the Marine Hotel overlooks the West Links golf course at the North Berwick Golf Club, and offers views of the Firth of Forth and Bass Rock. The
Industry
AJ Capital Partners to launch Graduate Hotels collection in US college towns
US: Chicago-based AJ Capital Partners has announced the launch of Graduate Hotels, a collection targeting college markets across America. US: Chicago-based AJ Capital Partners has announced the launch of Graduate Hotels, a collection targeting college markets across America. AJ Capital Partners is teaming up with Hong Kong-based Gaw Capital Partners
Industry
Commune moves in to Asia as Geolo Capital acquires majority stake in Alila Hotels & Resorts
Singapore: Commune Hotels & Resorts has added Alila Hotels & Resorts to its portfolio. Singapore: Commune Hotels & Resorts has added Alila Hotels & Resorts to its portfolio. The deal comes a year after the two companies announced a strategic partnership, and is the result of Geolo Capital – the
Hotel
Tristan Capital and Queensway acquire Edinburgh office
UK: Real estate investment manager Tristan Capital Partners, through its latest opportunistic fund, has acquired an office property in Edinburgh in partnership with Queensway.
Industry
KSL acquires majority in Sereno Hotels
Italy/Caribbean: An affiliate of private equity firm KSL Capital Partners has acquired a majority interest in the luxury hotel group Sereno Hotels.
Industry
Starwood and AJ launch lifestyle hospitality platform
US: Private investment firm Starwood Capital Group and hospitality company Adventurous Journeys (AJ) Capital Partners have launched Field & Stream Lodge Co., an affordable lifestyle platform for lodging in the United States.