Europe Hotel Transactions Bulletin - Week Ending 25 June 2021 hospitalitynet.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hospitalitynet.org Daily Mail and Mail on Sunday newspapers.
Europe Hotel Transactions Bulletin - Week Ending 21 May 2021
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The
Morrison Hotel located in the quays of Dublin, Ireland, has been acquired by UK private equity firm
Zetland Capital from Russian billionare
Elena Baturina, for a reported price of
€65 million (€460,000 per room). Ms Baturina acquired the 141-room property in 2012 from NAMA, as the first hotel sale of the Irish asset management agency, for €22 million. During her ownership, the hotel was rebranded to a DoubleTree by Hilton and benefitted from a €10 million renovation programme.
Hilton Bracknell, UK sold to KSL
The 215-room
KSL Capital Partners by UK real estate investor