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Irish developer plans four hotels for greater Dublin area   9 Nov, 2015

Property developer Johnny Ronan has several hotels in the pipeline for Dublin, including a €250 million boutique hotel above a cafe on Grafton Street.More>>

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Are Hotel Leelaventure struggles a sign of hard times for India's hotels?   9 Nov, 2015

As the hotel chain sells its assets and moves to a management model, other owners of high-end hotels in the country are looking to sell their properties, making 2015 India's biggest year for hotel sales since the global financial crisis hit.More>>

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CPI Property Group nabs Holiday Inn in Rome for $34.8M   6 Nov, 2015

The Luxembourg-based CPI Property Group has acquired the four-star hotel Holiday Inn Rome – Eur Parco dei Medici for an aggregate acquisition price of $34.8 million from an outside party. The transaction also included the simultaneous lease-back of the hotel business to the seller. More>>

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New hotel company sells five properties along Croatia's coastline   6 Nov, 2015

Liburnia Riviera Hotels did not reveal the total purchase price for the five non-core properties sold, but unofficial estimates claim that the total proceeds amount to at least €3.5 million.More>>

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Will a French budget chain go to a Chinese operator?   5 Nov, 2015

Chinese hotel operator GreenTree Inns is reportedly preparing to bid for an 80-percent stake in French budget hotel chain B&B, part of the U.S.-based private equity giant Carlyle. The chain is said to be seeking as much as $1 billion for the acquisition.More>>

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Ireland's tallest hotel goes on the market   5 Nov, 2015

Kieran Wallace of KPMG has put Limerick’s Clarion Hotel on the market, asking more than €3.5 million. The 17-story building, reportedly Ireland’s tallest hotel, is being offered for sale by private treaty.More>>

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Three hotels up for grabs Down Under   4 Nov, 2015

Two properties in Australia and one in New Zealand are on the market as Lantern Hotels looks to divest itself of its non-core assets. More>>

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AXA commits £90M for new NH London hotel   4 Nov, 2015

AXA Investment Managers - Real Assets has committed, on behalf of a U.S. pension fund, to the acquisition of the shell and core from the Berkeley Group, and to undertake the fit-out of a new hotel complex in central London, representing a total investment of an estimated £90 million. Construction...More>>

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Why Canada's sale of its former Greek embassy is important   4 Nov, 2015

The government of Canada sold its former embassy building in Athens for €4 million to a subsidiary of Turkish conglomerate Dogus Holding, MK Mykonos Hotel Company. But the deal is important simply because so few deals are happening at all.More>>

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After Jupiter purchase, Singha wants more UK hotels   3 Nov, 2015

Thailand's Singha Estate Pcl., the property arm of Singha Corporation, is reportedly in talks to buy more hotel assets in the United Kingdom, after the acquisition of U.K.-based Jupiter Hotels for £155 million.More>>

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