Mergers & Acquisitions

Leonardo Hotels, the European division of the Israeli owner-operator Fattal Hotel Group, has acquired three UK properties in separate single-asset transactions: the four-star, 270-room Leonardo Hotel Southampton, the four-star, 170-room Leonardo Hotel Exeter, and the four-star, 94-room Leonardo Hotel Chester. All three properties are situated in central locations and include a restaurant and bar. Leonardo had already been operating the hotels under FRI leases, and the Chester acquisition also includes three commercial units that are let to third-party tenants.

This article was written by Lodging Magazine. Click here to read the original article Photo Credit: Best Western Premier Bryan AUSTIN, Texas—Hunter Hotel Advisors announced the sale of the Best…

PPHE Hotel Group has announced that it has begun a strategic review that will consider options ranging from introducing new capital to a potential sale of part or all of…

Just four months following the completion of Marriott International’s acquisition of the citizenM brand, the company that founded, owns and operates citizenM hotels has unveiled its new name: Another Star.

The Social Hub is planning a £200 million hybrid hospitality and community venue in Edinburgh’s Fountainbridge district, marking a new stage in the regeneration of a long-vacant site.

This article was written by Lodging Magazine. Click here to read the original article Photo Credit: Sheraton Phoenix Downtown PHOENIX, Arizona— JLL’s Hotels & Hospitality group announced the sale of the…

U.S. companies that take a strategic, well-governed approach to their business travel programs can achieve up to 30% higher revenue than their peers, according to a new return on investment (ROI) benchmarking study released today by the Global Business Travel Association (GBTA) and the American Society of Travel Advisors (ASTA).

The Highfield in Driffield, East Yorkshire, has been brought to market for £2.25m, with the Grade II listed hotel and events venue offered for sale after 10 years under its…

Reading Time: 2 minutes UK: Hospitality real estate group PPHE has secured a £95.8 million refinancing facility with Aareal Bank for the Park Plaza London Riverbank. The refinancing extends an…

The speed of Sonder’s collapse, not the reason behind it, was most staggering. Sonder had been a darling of the industry, the promise of a hotel-like experience amid apartment-like amenities…