Olga Polizzi, hotelier and Director of Design for Rocco Forte Hotels has bought The Star Inn at Alfriston in East Sussex, with her daughter Alex Polizzi, hotelier and presenter of Channel 5’s The Hotel Inspector. Olga Polizzi owns Hotel Tresanton in Cornwall and Hotel Endsleigh in Devon, The Star Inn at Alfriston is the first official joint venture for the mother and daughter … [Read more...]
Search Results for: hotel acquisition
Demand for hotel acquisitions prompts early exit by investors
Strong demand for hotel acquisitions prompting private equity investors to sell their assets ahead of the usual investment time-frame, continued consolidation amongst the branded hotel chains, and the impact of recent terrorist activities are the key issues facing the European hotel sector into 2016, according to global hotel consultancy HVS. Demand to continue Looking … [Read more...]
Britannia Hotels continues expansion with two hotel acquisitions
Acting on behalf of The Hotel Collection, specialist hotel property adviser Christie + Co has sold The Palace Hotel, Buxton and Basingstoke Country Hotel, Hampshire. Palace Hotel Buxton Britannia Hotels, who have a reputation for restoring Grade Listed Hotels, have acquired the Palace Hotel Buxton. Designed by Henry Currey and set in five acres of landscaped gardens in … [Read more...]
Chinese investors to increase global hotel acquisitions to 10%
The latest UK hotels bulletin from international real estate advisor Savills predicts Chinese investors will increase their share of global cross border hotel acquisitions from the current level of 4% to 10% by 2017. The firm believes that the Asia Pacific regions and the UK, namely London, are set to benefit the most from this growing investment in line with the expansion … [Read more...]
Angelo Gordon and EQ announce acquisition of five hotels in Paris
Affiliates of Angelo Gordon and EQ Group announced this afternoon the completion of the acquisition of five hotels in Paris, from French Listed company Gecina, for €181 million. These hotels, all operated under Intercontinental Hotels Group (IHG) and Marriott International brands, are located across the French capital. The hotels comprising 814 rooms are Holiday Inn Paris … [Read more...]