Starwood Capital Group Sells £830m ($1.1b) Portfolio of U.K. Hotels to Foncière Des Régions

The portfolio consists of 14 leading, full-service hotels comprised of 2,638 keys and split across two distinct landmark brands, Principal (12 hotels) and De Vere (2 hotels). The properties occupy flagship locations in high-growth cities across the U.K., including London, Manchester, Edinburgh, Glasgow, Oxford, York and Leeds. Included in the portfolio are The Principal London and The Principal Manchester, two of the most iconic and historic hotels in the U.K.
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Mandarin Oriental Muscat Announced for 2021

Mandarin Oriental, Muscat will feature 150 guestrooms and suites, five restaurants and bars, a Spa at Mandarin Oriental and an outdoor swimming pool. A variety of banqueting and meeting spaces will accommodate social and business events.
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Four Seasons to Cease Management of Four Seasons Hotel Vancouver

Four Seasons is concluding its management of Four Seasons Hotel Vancouver, effective January 31, 2020. Four Seasons manages the Hotel under a long-term lease agreement with the property’s landlord, Cadillac Fairview Corporation; the current term of the lease expires in 2020, and will not be renewed.
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IHG to Operate 12 Foncière Des Régions Hotels in the U.K.

InterContinental Hotels Group [LON:IHG, NYSE:IHG (ADRs)] has today announced plans to expand its luxury and upscale estate in the UK. IHG has entered into a conditional agreement with Foncière des Régions, to rebrand and operate 12 high quality open hotels (2.2k rooms) and one pipeline hotel (185 rooms) into its portfolio across the UK.
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