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Paris' largest hotel may be up for grabs   5 Feb, 2016

Mount Kellett Capital Management has reportedly instructed Eastdil Secured LLC to "explore a sale" of the 1,025-room Le Meridien Etoile, Paris' largest city-center hotel by room count.More>>

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New Zealand's Pandey family buys Novotel Wellington   5 Feb, 2016

In Wellington, New Zealand, the Pandey family has purchased the 139-room Novotel Wellington for an undisclosed price that is reportedly a record for the city. The sale is the first major hotel deal in the country this year.More>>

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Westgate Oxford Alliance acquires Oxford's Castle Quarter   4 Feb, 2016

The Westgate Oxford Alliance, a joint venture between Land Securities and The Crown Estate, has acquired the Castle Quarter in Oxford (which includes a Malmaison hotel) for £47.2 million from The Trevor Osborne Property Group.More>>

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Sahara Group sells London's Grosvenor House Hotel to Qatar   3 Feb, 2016

Advocate Kapil Sibal, representing the Group, did not disclose the sale price, but told India's Supreme Court that Sahara would have a surplus amount of Rs.2,350 crore from the proceeds of the sale after using a portion to help pay the bail of Sahara Group founder Subrata Roy.More>>

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Nine Hospitality Investments purchases Swansea's Dragon Hotel   3 Feb, 2016

Nine Hospitality Investments purchased the Welsh hotel, which had an asking price of some £4.75 million. The new owners are reportedly looking to "reposition" the hotel.More>>

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Minor Hotel Group completes Tivoli takeover   2 Feb, 2016

The takeover, which totals €294.2 million, marks MHG’s strategic entry into Europe and Latin America and provides the group with an operating platform to grow in those markets. More>>

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Dalata nabs leasehold interest in four Irish, UK hotels   29 Jan, 2016

Irish hotel group Dalata will acquire the leasehold interest of Gibson Hotel in Dublin, the Croydon Park Hotel in South London, the Clarion Hotel in Cork and the Clarion Hotel in Limerick for an enterprise value of €40 million. More>>

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Pillo Hotel in Ashbourne, Ireland, goes on the market for €8M   27 Jan, 2016

In Ashbourne, Ireland, The Pillo Hotel--owned by a business syndicate headed by Paddy Kelly and John McCabe--is up for grabs with an asking price of €8 million through Savills Hotels & Leisure.More>>

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Manchester hotel sells off-market   26 Jan, 2016

In Bromley Cross, Manchester, a "mystery cash buyer" has purchased the Mercure Last Drop Village Hotel for more than £4 million. The 128-room hotel and spa will continue to operate under the Mercure Brand after being sold to “one of the UK’s largest private property development groups.”More>>

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Oman's Al Falaj Hotel sells for OMR14M   26 Jan, 2016

Shareholders of the Oman Hotels and Tourism Company have unanimously approved a proposal to sell both the assets and the operating business of the Al Falaj Hotel (a unit of Oman Hotels and Tourism Company) for OMR14 million to Aitken Spence Resorts (Middle East).More>>




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