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Ireland's FBD insurance sells real estate assets, including hotels   23 Oct, 2015

An 89-percent majority of FBD shareholders agreed to the sale of its hotel and leisure business, which consists of two Spanish properties, La Cala Resort and Sunset Beach Club, as well as three Irish hotels, The Tower Hotel, Faithlegg House Hotel and Golf Course both in Waterford, and Castleknock...More>>

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Historic English conference center and hotel block up for sale   23 Oct, 2015

A historic building in Somerset, England, being marketed by Hartnell Taylor Cook LLP, currently has planning permission for use as a hotel. The current property includes 18 guestrooms and a conference center.More>>

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Wyndham signs seven new franchise deals for Southeast Asia   23 Oct, 2015

The properties will be located across tourist hot spots in Thailand, Malaysia and Vietnam under the company's Ramada, Days Inn and Wyndham Hotels and Resorts brands.The news follows the signings of 26 managed and franchised properties for Wyndham Hotel Group so far this year in the region. More>>

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Carlson Rezidor looks to expand Kenya footprint   22 Oct, 2015

A Radisson Blu will open its doors early next month, and the company is also expecting to open another hotel on Nov. 2, with a grand opening slated for January. Plans are also reportedly under way for construction of a third hotel near Arboretum, Nairobi, to be opened in 2017.More>>

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Two "castle" hotels in Ireland are for sale   22 Oct, 2015

Two of Ireland's top "castle" hotels have been brought to the market as a going concern by Savills on behalf of the Hanly Group. Kilronan Castle in Co Roscommon is on the market for €4.5 million while Lough Rynn Castle in Co Leitrim is seeking €3.5 million.More>>

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Marriott to bring Residence Inn brand to UAE   22 Oct, 2015

The Residence Inn by Marriott Al Jaddaf is owned by Bahrain-based International Trading and Investment Company WLL, an existing partner of Marriott International that currently owns two other properties – Residence Inn by Marriott Manama Juffair and Marriott Executive Apartments Manama. More>>

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Hong Kong's Gaw Capital acquires Singapore hotel for $203 million   22 Oct, 2015

Investment holding company GCH (one of the directors of which is Gaw Capital president and managing partner Kenneth Gaw) lodged a purchaser's caveat on Singapore's Big Hotel at a price of $203 million. More>>

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South Korean company purchases Waikiki hotel   21 Oct, 2015

A California-based affiliate of a South Korean company has purchased the Polynesian Plaza boutique hotel in Waikiki for about $10.6 million. L.A. Koreana Inc., owned by Koreana Hotels & Resorts in Seoul, purchased the leasehold interest in the 56-room hotel from Sandpiper Acquisition LLC.More>>

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Irish investment firm iNua buys Hibernian Hotel in Kilkenny   21 Oct, 2015

The deal brings iNua’s asset portfolio to a total of four properties, following its purchases of the Radisson Blu hotels in Cork and Limerick in 2014 and the acquisition of the Muckross Park Hotel in Killarney at the turn of the year. More>>

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Laos' Savan Vegas Hotel casino is up for sale   20 Oct, 2015

The Savan Vegas Hotel and Entertainment Complex, a casino hotel in Savannakhet, Laos, is on the market and accepting competitive bids. A U.S.-based private investment company, San Marco Capital Partners, is organizing the sale as “exclusive sales agent” on behalf of the Laos government.More>>

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