UK: Kenneth Hatton has been named as CBRE’s managing director, head of hotels for EMEA and will enter the role June 2021. Hatton most recently served as executive vice president of global development and general counsel at Belmond. He has been involved with transactions on both the advisor and principal
US: Commercial real estate investment and services firm CBRE has predicted a late 2022 date for the US hospitality sector’s recovery. Its research believes that the industry will benefit from a possible quick economic turnaround in 2021. The group’s recent Hotel Horizons publication has predicted that the steep decline in
Ireland: The Morrison, a DoubleTree by Hilton Hotel, is to be put on the market at a guide price of €80 million. Located on the River Liffey in the centre of Dublin, The Morrison comprises 145 guest rooms and suites, seven meeting and events spaces, food and beverage outlets as
Ireland: Dublin’s Paramount Hotel is for sale by private treaty with offers in excess of €25 million. The 66-bedroom property, including the Turks Head Bar, has full planning permission to increase to 117 bedrooms, with further planning pending for additional rooms. Located in the Temple Bar area, the hotel is
David Bailey, senior director at CBRE Hotels tells BHN that recruitment is the defining issue facing the hospitality sector over the next decade.
UK: Global property giant CBRE has acquired UK hospitality consultant TRI. TRI Hospitality Consulting has been merged in to CBRE Hotels EMEA, with TRI’s Jonathan Langston and David Bailey set to work alongside Graham Windle and the existing consultancy practice at CBRE. CBRE says the move will significantly extend its
France: The four-star Pullman Cannes Mandelieu Royal Casino has been acquired by Poseidon Hospitality, an entity owned by Luminare and Unik Capital Solutions.
UK: Real estate advisor CBRE is overseeing the sale of The Dawson Hotel in Dublin, which is being offered for sale from €17.5 million by private treaty.
UK/EU: HVS Hodges Ward Elliot (HVS HWE) has named Jon Critchley as director, expanding the firm’s capital markets capabilities across the UK and Europe.
UK: Joe Stather, market lead for Questex’s operational real estate portfolio, including the Annual Hotel Conference (AHC), outlines his vision for the 2022 event.
