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Eloise Hanson

148 posts
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  • 1 min

Queensgate sells Generator EU arm to Brookfield for €776 million

💰 Queensgate sold Generator's European operations to Brookfield for €776 million, including 15 assets and 2,749 rooms across Europe. Queensgate retains US properties and Freehand Hotels. Alastair Thomann left Generator in January 2025 to join Brookfield-owned edyn. Morgan Stanley & Co. International plc. advised Queensgate, while Kirkland & Ellis and others advised Brookfield. Queensgate acquired Generator in 2017 for €450 million.
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  • 3 min

Serviced Apartment Award winners crowned at 10th annual ceremony

🏡 UK: The 2025 Serviced Apartment Awards were held at the Sheraton Grand London Park Lane, celebrating their tenth milestone on May 2025. Over 250 international guests attended. The event was hosted by Jake Lambert and Eloise Hanson. Categories included Best Operator, Best Property, and Best Design. Winners included Sercasa, Urban Chic, and Staycity Group, among others. An Outstanding Achievement award was given to Marcus Angell of Habicus Group. Awards were judged by industry experts and SAN readers.
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UK government tightens immigration rules

📑 UK, 12 May 2025: The Labour government unveiled immigration reforms, including raising the skilled worker threshold to RQF 6 (graduate level) and increasing salaries. The Immigration Skills Charge will rise by 32%, and the settlement period extends to 10 years. New English language requirements will apply broadly. Less than 10% of hospitality roles qualify for skilled visas, impacting sectors like care and hospitality. Temporary Shortage List roles must meet specific criteria for visa access.
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  • 2 min

Marriott to acquire citizenM for £355 million

🏨 Marriott International is acquiring lifestyle hotel brand citizenM for $355 million, closing expected in 2025 pending US regulatory approval. The deal may include additional earn-out payments up to $110 million based on future brand growth, commencing from the fourth year post-closing. CitizenM's current portfolio boasts 36 hotels with 8,544 rooms, plus three under construction set to open by mid-2026. Forecasted stabilized fees for the portfolio are roughly $30 million annually.
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KHP Capital closes $300 million hotel investment fund

📌 KHP Capital Partners closed on $300 million for its sixth real estate fund, with three investments made to date: 240-room hotel conversion in Charlotte, North Carolina, a lifestyle hotel in Seattle, Washington, and the Hotel Viking in Newport, Rhode Island as of April 17. The fund aims for 8-10 projects, translating to ~$1 billion in buying power. Over 10 years, KHP's equity under management reached $1 billion, owning 16 hotels with two additional hotel credit investments. Rowe, Depatie, and Long founded KHP in 2015.
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GHA more than doubles its Green Collection 

🌏 Global Hotel Alliance's Green Collection expanded by 150% to 472 hotels, launched March 2023. Properties have at least one certification from recognized environmental organizations. Present in 60 countries, 260 destinations. Europe leads with Spain (74 hotels), Italy (57), Germany (54). Regular audits required for certification. 25 out of 45 GHA brands feature properties in the Green Collection.
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  • 2 min

Mondrian introduces Culture Concierge at nine global properties

🎭 Mondrian introduces Culture Concierge for bespoke guest experiences at nine global hotels in Bordeaux, Cannes, Doha, Hong Kong, Ibiza, Los Angeles, Mexico City, Seoul, and Singapore. Offerings include music festivals, wine tastings, art exhibitions, and tours, paired with hotel discounts and F&B experiences. Highlights: 10% room discount at Mondrian Hong Kong, Superior Room upgrade and 15% stay discount at Mondrian Doha, 48-hour passes for The Air House at Mondrian Seoul Itaewon, and 20% restaurant discount at Mondrian Singapore Duxton.
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