Queensgate buys Freehand Hotels from Sydell Group

US: London-based Queensgate Investments has acquired Freehand Hotels for around $400 million. Queensgate, which also owns Generator, is buying the New York-based lodging company from vendors hotel Sydell Group and private-equity investor Ronald Burkle’s firm. The deal includes the Freehand hotel operating company, four hotels and the Broken Shaker food


Sydell Group to open first European NoMad hotel in London

UK: The European NoMad hotel will open in summer 2020 at the former Bow Street Magistrates Court in London. The NoMad London will mark the brand’s first site outside the US. Led by Sydell Group, which developed The Ned in partnership with Soho House Group, the Grade II 19th century


Soho House and Sydell Group reveal plans for The Ned

UK: Partners reveal plans for City of London hotel, clubs and restaurants. London-based Soho House & Co and New York’s Sydell Group have joined forces to create The Ned, a hotel, club and collection of restaurants in the former Midland Bank building City of The building takes its name from


Sydell sues Ennismore boss in $30m lawsuit

US: Andrew Zobler, founder and CEO of Sydell Group, has reportedly issued a lawsuit against Ennismore founder Sharan Pasricha for attempting to “sabotage” a rival hotel deal.