Reading Time: < 1 minuteWorldwide: Operator Grand Metropolitan Hotels has acquired the Voile d’Or Hotels and Resorts, securing full brand and intellectual property rights, along with all management contracts.
Reading Time: < 1 minuteEurope: Lender Aareal Bank has completed a €567 million facility to refinance a portfolio of seven hotels across four European countries for Archer Hotel Capital.Â
Reading Time: < 1 minuteUAE: Dubai-based investment firm EIGHTClouds has invested $10 million in Next’House, a luxury hostel brand, for its expansion in the GCC.
Reading Time: < 1 minuteUK: Property investment and development company Royal Group has acquired the former NatWest Bank on Piccadilly to convert the site into its first London luxury boutique hotel.Â
Reading Time: 2 minutesUK: Ballathie Country House Hotel & Estate, a historic country house hotel situated on the banks of the River Tay in Perthshire, Scotland, has been acquired by IMR Hotels.
Reading Time: < 1 minuteUS: Corinthia Group, a hospitality developer and operator trading as IHI plc, has partnered with Kuwait’s Action Real Estate Company to acquire two boutique hotels in Beverly Hills, California.
Reading Time: < 1 minuteUK: Scottish hotel owner-operator Wisteria & Heather Ltd has acquired The Bellachroy, the Isle of Mull’s oldest inn, with plans for a sustainable refurbishment.
Reading Time: < 1 minuteGermany: Hotel owner Pandox AB has signed an agreement to acquire the 275-room Pullman Cologne Hotel for approximately €66 million.
Reading Time: 2 minutesEU: The Capital Markets Committee of the Energy & Environment Alliance (EEA) has published the first in a series of reports, which explores the value of ESG to EU hospitality investors.Â
Reading Time: 2 minutesEurope: Lender Aareal Bank has granted investment company Cedar Capital Partners approximately €200 million to acquire five lifestyle hotels under the Hoxton and Mama Shelter brands.
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