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Thailand's Singha Estate acquires Jupiter Hotels in JV   20 Oct, 2015

Thailand's Singha Estate has entered the U.K. hotel industry by jointly acquiring U.K hotel operator Jupiter Hotels Holdings for roughly $250 million, including a debt takeover, with the Thai-based conglomerate Fico group.More>>

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Why Ireland's biggest hotel buyer will not invest in Dublin   19 Oct, 2015

In spite of several hotels currently available for sale in the capital, Noel Creedon, head of Cork-based specialist investment firm iNua, said his firm will not buy any properties in the capital despite building up a €20 million fund for hotel acquisitions earlier this year.More>>

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AccorHotels acquires portfolio of 43 hotels in France   16 Oct, 2015

AccorHotels has purchased a portfolio of 43 hotels with a total of 4,237 rooms from Foncière des Régions for a total of €281 million. More>>

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Sale of Auckland's Novotel Ibis Ellerslie hotel breaks record   16 Oct, 2015

The sale of the Ellerslie hotel to New Zealand-based CP Group was the largest hotel transaction since the sale of the Hilton Auckland in 2012, bucking the trend of overseas buyers buying major New Zealand hotels.More>>

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Historic Dorset seaside hotel goes on the market   16 Oct, 2015

The historic Knoll House Hotel, once a private country estate and later a family-owned boutique retreat that attracted vacationing British celebrities, is reportedly seeking a £15 million price.More>>

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Internos Global Investors acquires NH Turin Santo Stefano   15 Oct, 2015

Internos Global Investors has completed the €23.1 million acquisition of the NH Turin Santo Stefano from Immobiliare Galileo S.r.l. as part of its Hotel Real Value Plus "Value Add" mandate via the Master-KVG provided by Institutional Investment Partners. More>>

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Germany's Novum Hotel Group outlines growth strategy   15 Oct, 2015

Germany's Novum Hotel Group is planning to expand its portfolio to 85 hotels by 2020. Currently, the company has 57 properties in its portfolio across Germany. The company is also looking to expand internationally and focus on franchise contracts.More>>

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New hotels signed for Ireland hotels, but not all eyes are smiling   14 Oct, 2015

Several new hotels are poised to rise in Ireland, indicating further growth for the country's improving hospitality industry. But while deals are being signed and hotel owners are reporting improved business, there is still some cause for caution.More>>

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Dalata Group buys Cork City Clarion Hotel for €35.1 million   13 Oct, 2015

Joint agents Savills and JLL, making the announcement on Tuesday morning, said it was an investment deal only with the current tenants unaffected. The business will continue to be operated by Choice Hotels Ireland under the Clarion brand.More>>

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Gold Coast Vibe Hotel up for sale; could rebrand or redevelop   13 Oct, 2015

The prime Surfers Paradise site is likely to attract $40 million as it could accommodate the next major skyscraper on the prized Australian coastline.More>>

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