Travelodge expands reach in Spain with acquisition of six hotels
Travelodge, a budget-friendly UK hotel brand, has acquired six hotels in Spain from Louvre Hotels Group. This move adds 773…
19 Apr 2024
Hyatt adds Bentley Hotel Southampton to US portfolio
Hyatt Hotels has expanded its US portfolio with the addition of The Bentley Hotel Southampton in New York. In this regard, Hyatt collaborated with Bijal Hospitality, The Bentley Hotel Southampton…
18 Apr 2024
Shakespeare Property Group acquires Sydney hotel for $35.3m
Australian real estate developer Shakespeare Property Group has acquired the heritage-listed Woolstore 1888 hotel in Darling Harbour, Sydney, for A$55m ($35.3m). This 90-room hotel is part of a series of…
15 Apr 2024
The Caves Hotel in Jamaica’s Negril listed for sale
The Caves Hotel, a 12-key property in Negril, Jamaica, has been listed for sale with a price tag of $18.9m (J$2.9bn). This property, owned by music producer and Island Records founder…
12 Apr 2024
Christie & Co, Savills offload Italian hotel portfolio to CHC
UK-based specialist hotel property adviser Christie & Co and joint agent Savills have sold its three-hotel portfolio in Italy to CHC Holding, an Italian hotel operator. The three properties included…
10 Apr 2024
Proprium sells 35% stake in Motel One to majority owner OHR
One Hotels & Resorts (OHR) has acquired the remaining 35% stake in the European affordable design hotel chain Motel One Group from Proprium Capital Partners, a real estate private equity…
10 Apr 2024
Certares acquires 390-room Hilton hotel in Boston
Certares, an investment company with a focus on the travel and hospitality industries, has acquired the Hilton Boston Back Bay for $171m. The 390-room hotel includes a 209-space parking garage…