Article - Horwath Market Report - UK Hotel, Tourism & Leisure Monthly Round-Up - By Malcolm Kerr - Forward-looking data suggests stable growth in UK hotel top-line performance will build on a 15% rise in RevPAR in 2023, helping to offset rising operating costs.
Starwood acquires 10 Radisson Blu Edwardian hotels in London, Travelodge acquires 66 Travelodge-branded hotels in the UK from LXi REIT, Zeus acquires two hotels in Milan and Thessaloniki from Prodea.
Starwood Capital Group (“Starwood Capital”), a global private investment firm with a primary focus on real estate, announced that a controlled affiliate has acquired a portfolio of 10 hotels from Edwardian Group for an undisclosed sum via an off-market transaction.
Acquisition of landmark Central London hotel portfolio
LONDON, Jan. 12, 2024 /PRNewswire/ Starwood Capital Group , a global private investment firm with a primary focus on real estate, announced.