Reading Time: < 1 minuteEU: The Public Investment Fund of Saudi Arabia, chaired by Prince Mohammed bin Salman bin Abdulaziz Al Saud, has acquired a 49 per cent stake in Rocco Forte Hotels.
Reading Time: < 1 minuteIreland: The four-star Clarence Hotel, formerly owned by members of the rock band U2, has been acquired by Press Up Hospitality Group following a €43 million loan from Leumi UK.
Reading Time: 2 minutesUK: Independent owner-operator RAD Hotel Group has acquired the Seamill Hydro Hotel in Ayrshire, Scotland, for an undisclosed sum.
![The Ritz-Carlton Georgetown, Washington, DC [Credit: Hersha Hospitality Trust]](https://boutiquehotelnews.com/wp-content/uploads/2023/08/Screenshot-2023-08-29-at-09.25.53-800x445.png)
Reading Time: 2 minutesUS: Travel and leisure investment firm KSL Capital Partners is set to acquire luxury and lifestyle hotel owner Hersha Hospitality Trust in an all-cash transaction valued at approximately $1.4 billion.
Reading Time: 16 minutesWorldwide: Drawing from the coverage provided by four sector-leading b2b websites, the editorial team at International Hospitality Media [IHM] highlight 25 influential leaders across travel, hospitality and real estate who they believe have a big 12 months ahead of them.
![[Credit: The Old Bridge Hotel]](https://boutiquehotelnews.com/wp-content/uploads/2023/08/Screenshot-2023-08-08-at-15.27.59-800x445.png)
Reading Time: 2 minutesUK: Hospitality group Chestnut has acquired The Old Bridge Hotel in Huntingdon, Cambridgeshire, for an undisclosed sum.
Reading Time: < 1 minuteItaly/Caribbean: An affiliate of private equity firm KSL Capital Partners has acquired a majority interest in the luxury hotel group Sereno Hotels.
Reading Time: < 1 minuteUS: Hotel investment, management acquisition and development company Equinox Hospitality has purchased the Four Points by Sheraton San Rafael Marin County for $38 million.
Reading Time: < 1 minuteUK: Zorca Holding, a subsidiary of investment company Orca Holding, has secured £26.3 million from Leumi UK to acquire and merge two hotels in Bloomsbury into a 74-bed property.
Reading Time: 2 minutesUK: The “compact luxury” brand Z Hotels has secured a £15 million loan from OakNorth Bank to refinance an existing loan and construct new rooms at Z Piccadilly.
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