US: Queensgate Investments has completed the refinancing of two Generator Group lifestyle hotels, in Miami and Washington, for circa $55 million with funds managed by Apollo. The news follows a circa €500 million debt restructuring for Generator Group earlier this year by Queensgate, in which Apollo provided nearly €100 million
UK: New York-based hospitality company Sydell Group will open NoMad London on May 25 2021. The Sydell Group, founded by Andrew Zobler, has now opened two properties in London – the other being The Ned. In order to launch NoMad London, the group partnered with Doha based investment firm BTC.
EU/US: A circa €500 million debt restructuring for Generator Group, a lifestyle hospitality platform which owns, operates and develops assets across Europe and North America, has been completed by Queensgate Investments. Generator Group consists of 19 hotels with a total of 3,194 rooms in 17 gateway cities across 10 countries.
UK: The first NoMad hotel in Europe will be located in Covent Garden in the former Bow Street Magistrates Court, and is scheduled to open in December. New York-based hospitality group, Sydell Group, founded by Andrew Zobler who opened The Ned, is behind the new property. The hotel has been
Michael Buono, CEO of New York developer and contractor Mulberry talks to BHN about attention to detail and evoking emotion in a buildng’s end user. • Can you give us some background on yourself and your business partner Robert Lavecchia, and tell us when you teamed up to form Mulberry?“I
BHN looks at the highlights and key learnings from the 2017 Boutique and Lifestyle Hotel Summit. The event annual Boutique and Lifestyle Hotel Summit took place in London earlier this week, with 200 delegates from as far afield as the US, Thailand, Ghana, Brazil and Japan gathering in London. For
US: HN Capital Partners and Sage Hospitality have launched the lifestyle property Hotel Per La which occupies the former NoMad Hotel in Downtown Los Angeles.
UK: Boundary House on Jewry Street has been acquired for approximately £31m by Austrian hoteliers, Rudolf and Christian Ploberger from GR Properties UK Limited. Gerard Nolan & Partners sourced the property as a potential mixed-use development comprising a 300-bedroom hotel with serviced offices. The development will appeal to workers in
US: Soho House will in a mixed-use project under construction on South Congress Avenue in Austin, Texas. The Austin Soho House will include a hotel, rooftop and club spaces for members to work, eat, drink and relax. A restaurant on the ground floor will be open to members, as well
