Reading Time: 2 minutesUK: Last night the Central London Alliance held an open forum in Westminster, which featured six panels addressing the challenges and opportunities facing London’s economy.
Reading Time: < 1 minuteUK: On behalf of Coast & Country Hotels, property adviser Christie & Co has sold the Derwentwater Hotel & Derwent Manor Apartments in Cumbria to Leisureplex Hotel Group for an undisclosed sum.
Reading Time: 2 minutesUK: Riverside farm and hotel Tewinbury has expanded its offering with the acquisition of Hertford House Hotel and The Quiet Man public house in the centre of Hertford.
Reading Time: 2 minutesUK: Hostel brand a&o has purchased the former DoubleTree by Hilton, Docklands Riverside, its first location in London.Â
Reading Time: 2 minutesUK: Germany-based boutique hotel brand AMANO has expanded in London with the £20 million acquisition of Waterman House, located close to its original site in Covent Garden.
Reading Time: < 1 minutePortugal: Investment firm EXTENDAM and hotel management company Highgate have partnered to acquire the Hilton Porto Gaia, a 194-room, five-star hotel located on the banks
Reading Time: < 1 minuteFrance: Lender Aareal Bank has arranged financing for Pullman Paris Montparnasse, supported by a consortium of sponsors including Bain Capital, Columbia Threadneedle Investments, and QuinSpark
Reading Time: < 1 minuteWorldwide: Real estate investment manager Global Mutual has launched its hotel investment and asset management platform, Global Mutual Hotels.
Reading Time: 2 minutesUS/Japan: Japanese operator Seibu Prince Hotels Worldwide (SPW), a company of Seibu Group, has acquired Ace Group International, parent company of Ace Hotel and its in-house creative agency Atelier Ace.
Reading Time: 2 minutesUS: Real estate investment trust (REIT) Braemar Hotels & Resorts has initiated a sales process of the company with immediate effect.
: