PGIM launch JV with Madison Cairn

PGIM launch JV with Madison Cairn

Reading Time: < 1 minuteUK: PGIM Real Estate, the property investor arm of Prudential Financial, has launched a joint venture with the newly formed division of Cairn Group, Madison Cairn.

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L+R and PGGM launch $1bn JV

L+R and PGGM launch $1bn JV

Reading Time: 2 minutesL+R Hotels and pension fund manager PGGM have joined forces to back a €1 billion investment venture targeting European hotels.

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Ennismore and Accor JV closes

Ennismore and Accor JV closes

Reading Time: < 1 minuteWorldwide: Under the terms of an all-share merger, Accor has become a majority owner of the new lifestyle entity with 66.67 per cent holding, and

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PPHE unlocks £113m through JV

PPHE unlocks £113m through JV

Reading Time: 2 minutesUK: PPHE Hotel Group has entered into a joint venture with Clal Insurance, an Israeli insurance company, in respect of Park Plaza London Riverbank and

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Global Hotel Alliance adds four member brands
Global Hotel Alliance adds four member brands
Reading Time: < 1 minuteWorldwide: The Global Hotel Alliance (GHA) has added four brands ...
Douglas Elliman to lead sales for The Residences at The Boca Raton
Douglas Elliman to lead sales for Boca Raton Residences
Reading Time: 2 minutesUS: Douglas Elliman Development Marketing, a division of real estate brokerage ...
Strand Palace promotes van Rest to general manager
Strand Palace promotes van Rest to general manager
Reading Time: < 1 minuteUK: Part of Iconic Hotels & Resorts, Strand Palace has ...
Marriott Bonvoy Boutiques extends retail offer with Design Shop
Marriott Bonvoy Boutiques extends retail offer with Design Shop
Reading Time: 2 minutesUS: Marriott Bonvoy Boutiques has extended its retail offering into art, ...
Minor opens first hotel under Colbert Collection in Italy
Minor opens first hotel under Colbert Collection in Italy
Reading Time: 2 minutesItaly: Owner-operator Minor Hotels has opened the Porta Rossa Hotel Firenze, ...
The Social Hub names Amzallag as chief operating and commercial officer
The Social Hub appoints Amzallag to dual role
Reading Time: 2 minutesEurope: Hybrid-hospitality brand The Social Hub (TSH) has appointed Eyal Amzallag ...
The PIG offloads Kent hotel to private buyer
The PIG exits Groombridge Place hotel in Kent
Reading Time: < 1 minuteUK: Boutique hotel brand The PIG has sold its Groombridge ...
Great Northern Hotel bought by King’s Cross Group for £20 million
Great Northern Hotel bought by King’s Cross Group for £20 million
Reading Time: 2 minutesUK: The King’s Cross Group, which owns the 67-acre site in ...
AvantStay to manage Nexo Residences in Miami
AvantStay to manage Nexo Residences in Miami
Reading Time: 2 minutesUS: Hospitality management company AvantStay has partnered with developers Fortune International ...
Rising costs force hoteliers to rethink pricing, staffing and strategy
Rising costs force hoteliers to rethink pricing, staffing and strategy
Reading Time: 3 minutesUK: Independent hotels across Great Britain are changing how to price ...