Keyword: Cushman & Wakefield
The global investor and developer bought The Palm House Hotel in Palm Beach, Fla., in a Section 363 bankruptcy sale.
Occupancy at Singapore’s hotels reached 87 percent this year, the highest in a decade.
Those looking for a quick return in what many feel is a peaking European market may want to prepare for a longer game in the Central and Eastern Europe region.
Transaction volume in the capital doubled as a result of a number of large deals, raising questions about whether the market has the supply to sustain interest.
Less than a year after it went on the market, he Hotel Indigo Glasgow has been sold to a Singapore-listed real estate conglomerate.
Hotel development is continuing at a comfortable pace this year, but the upscale segment continues to attract the attention of brands, developers and travelers.
ABIL Group has made its first investment in the UK–a retail and office building at 5 Strand in Central London.
A full 63 percent of hotel transactions in Ireland last year ranged between €1–€10 million, while 23 percent were below €1 million.
Glasgow's Maven Capital Partners is selling the Hotel Indigo Glasgow in the center of the city's financial services district.
Swedavia sold a future Comfort hotel at Stockholm Arlanda Airport to boost the hotel's competitive edge and meet growing traveler numbers.