UK: Tristan Capital Partners (TCP) has purchased a majority stake in Raag Hotels, which owns Point A Hotels, for £420 million.
BHN editor Eloise Hanson comments on some recent hotel portfolio acquisitions.
UK: Independent hotel chain Point A Hotels has appointed Muinat Abdul as the brand’s chief exploring officer (CEO), who will
UK: London-based owner-operator Clermont Hotel Group has opened The Academy, a learning and development centre to train new and existing employees.
UAE: Lifestyle hospitality company Ennismore has announced the opening of Mondrian Abu Dhabi next year, the brand’s first location in the UAE.
US: The Huntington Hotel in San Francisco has been purchased by hotel management, investment and development company Highgate and hospitality and commercial real estate owner Flynn Properties.
Canada: Smart device automation and SaaS software, Operto Guest Technologies, has secured US$25 million in a Series B funding round.
US: Cloud-based hospitality business intelligence platform OTA Insight has announced the appointment of Vivek Bhogaraju as its new chief operating officer.
UK: Five-star country house Ellenborough Park Hotel has completed the refurbishment of all 61 bedrooms as well as the Horse Box brasserie.
US: Privately owned boutique hotel The Genevieve has opened in Santa Ynez, California, after it was repositioned from the Santa Ynez Inn.
France: Radisson Hotel Group has opened the Hotel YAC Paris Clichy, a member of Radisson Individuals, located in the northwest Parisian suburb of Clichy.
UAE: Lifestyle hospitality company Ennismore has signed its first standalone residences in Dubai under the SLS brand with Roya Lifestyle Development.
Sustainability-linked loans
BHN editor Eloise Hanson comments on the €480 million sustainability-linked loan secured by citizenM.