Monarch Alternative Capital, an investment firm with around $9bn of assets under management, has acquired Westin Minneapolis hotel in the…
19 Oct 2021
Tristan’s EPISO 5 Fund buys four-star hotel in Manchester, England
Tristan Capital Partners' opportunistic real estate fund EPISO 5 has purchased a 261-room, four-star hotel in Manchester, England. Located in Deansgate, the hotel opened in May this year after completing…
08 Oct 2021
Avelios and Crestline Investors’ JV buys East London hotel
A joint venture between independent investment advisor Avelios and investment management firm Crestline Investors has purchased East London hotel. The property was sold by property investment and development company Definition…
05 Oct 2021
Wheelock buys Marriott soft-branded luxury hotel in West Palm Beach
Private equity firm Wheelock Street Capital has purchased a Marriott soft-branded, luxury hotel in West Palm Beach, Florida, US. Named The Ben - West Palm Beach, the 208-room hotel was…
05 Oct 2021
Accor, Ennismore complete merger to establish new lifestyle entity
Paris-based hotel giant Accor has completed its merger with London-based hospitality firm Ennismore to create a new lifestyle entity. Under the terms of the all-share merger agreement, Accor has become…
01 Oct 2021
Benchmark Global Hospitality merges with Pyramid Hotel
US hotel management companies Benchmark Global Hospitality and Pyramid Hotel Group have merged and formed a new entity. Financial terms of the merger remain undisclosed. Named as Benchmark Pyramid, the…
30 Sep 2021
Northland Properties buys King Blue Hotel in Toronto, Canada
Canadian firm Northland Properties has purchased King Blue, an upscale and modern boutique hotel being built in Toronto, Canada. King Blue Hotel has been acquired from real estate developer Greenland…
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