A summary of European hotel transactions provided by HVS
Source: New feed
Kerzner International to Open SIRO One Za'abeel Hotel Q3 2023 in Dubai
The first hotel for the SIRO brand will sit in the heart of Dubai's iconic One Za'abeel development. One Za'abeel is being developed by Ithra Dubai, a fully owned subsidiary of Investment Corporation of Dubai.
Source: New feed
The Charter Hotel Seattle, Curio Collection by Hilton Sold
Dynamic City Capital (DCC), a Utah-based real estate investment firm, announced the acquisition of The Charter Hotel Seattle, Curio Collection by Hilton (Charter Hotel). The Charter Hotel is the only Curio Collection by Hilton hotel in the Seattle/Bellevue market. The hotel initially opened in 2018.
Source: New feed
Quality Hotel Americana Nogales, Arizona Sold
The property was sold via an online auction on Ten-X. It was purchased by Nogales Hospitality LLC of Nogales, Arizona, from Lok Group of Companies of Petaluma, California.
Source: New feed
Kempinski Residences Alaçatı Çeşme to Open 2024 in Turkey
Situated right on the beach on an expansive 103,000-square-metre site with a panoramic view over the deep blue Aegean Sea, Kempinski Residences Çeşme will be home to 130 modern and elegant residences, of which 100 are private villas.
Source: New feed
Rancho Pescadero is Reborn
CHICAGO (November 29, 2022) – Hyatt Hotels Corporation (NYSE: H) announced today the opening of Rancho Pescadero, the newest addition to The Unbound Collection. Immersed in the uncomplicated…
Source: New feed
The Westin Book Cadillac Detroit Hotel Announces $20 Million Dollar Renovation
The project will feature a new, contemporary design of its 453 guest rooms and suites, 36,000 square feet of meeting and banquet space, and all public spaces within the property, in addition to introducing a new dining experience next year.
Source: New feed
The Draycott Hotel in Chelsea, London Sold
Built in 1890, the Victorian property comprises three red-brick town houses on Cadogan Gardens in the heart of Chelsea. It will undergo a restoration before reopening as The Chelsea Townhouse, operated for Cadogan by Iconic Luxury Hotels.
Source: New feed
Hyatt Acquires Dream Hotel Group for a Base Purchase Price of $125 Million
Upon closing, Hyatt will pay a base purchase price of $125 million, with up to an additional $175 million over the next six years as properties come into the pipeline and open.
Source: New feed
Sonnenblick-Eichner Company Arranges $22 Million of First Mortgage Leasehold Financing for Doubletree by Hilton Los Angeles-commerce, Los Angeles, CA
Sonnenblick-Eichner Company announced today that it has arranged $22 million of non-recourse first mortgage financing for the leasehold interest in the Doubletree by Hilton Los Angeles-Commerce, a 201-room hotel located in the city of Commerce, approximately six miles southeast of downtown Los Angeles.
Source: New feed