Claudia Schergna

🏨 CBRE announces the sale of the International Hotel Killarney, Ireland, priced at £15.5-17.3 million (€18–20 million). This rare opportunity marks the first major Killarney hotel sale in nearly a decade. Owned by the Coyne family since 1976, the hotel features 98 rooms, a bar, restaurant, and event spaces. Located near Killarney National Park, it is free from branding ties, allowing flexibility for new owners. Strong interest is expected from domestic and international buyers.

🏨 Rambler Group Holdings acquired The Oaks Hotel & Leisure Club in Burnley, originally listed for £1.8 million, built in 1885 with 51 rooms on 3.5 acres. Located in Reedley, near M65, it offers easy access to Manchester and Leeds. Lavender Hotels sold it to reinvest in other assets. Future plans include refurbishments and expansion. Legal advice was provided by Harrison Drury and Onecall Hospitality. Rambler aims to enhance guest experiences while preserving the hotel's historic charm.

🏨 UK, 2025: PPHE Hotel Group acquires a 13,000 sqm site near Tower Bridge for £90 million, including £17.5 million for the site. A Radisson RED hotel with 182 rooms, a restaurant, bar, gym, and 41,000 sqft of office space is set to open in 2029, targeting a BREEAM ‘Excellent’ rating. Expected high single-digit annual yield. Second acquisition by PPHE's hospitality fund includes financing for construction post-approval.