hotel investor
HVS Webinar: Private Equity Steps Up Its Interest in Hotel Assets
Russell Kett | May 11, 2023
By Russell Kett Organised by HVS with, Bird & Bird, AlixPartners and EP Business in Hospitality, the latest in our series of webinars kicked off with positive feedback from an audience poll in which 41% of attendees said they expected investment in hotels to grow by 10% or more over the next 12 months with city centre, full service hotels and resort leisure hotels the sectors most likely to attract investor interest. AlixPartners’ managing director Graeme Smith outlined the significant funds being raised by private equity although the rising price of labour, energy and the cost of living had prompted investment activity to...
U.S. Hotel Sales Kick-Off 2023 With Record-Breaking Pricing in Growing Markets
JLL | February 16, 2023
Investors believe long-term growth trends will outweigh near-term capital markets headwinds CHICAGO, Feb. 16, 2023 – Despite a slowdown in sales in the second half of 2022 due to dislocation in the debt markets, hotel investors have kicked off 2023 with record sales for quality assets in highly desirable and growing markets. A recent example of these transactions includes the sale of the Diplomat Beach Resort in Hollywood, Florida, which was the third-largest single-asset sale in U.S. history. In addition, the recent closing of the AC Hotel Phoenix Biltmore set a record price-per-key for upscale select-service assets in the Phoenix mark...
The Mogharebi Group Brokers Sale of 44-Key Hotel Next to Disneyland in Anaheim, CA
The Mogharebi Group | September 22, 2022
COSTA MESA, CA (September 22, 2022) — The Mogharebi Group (TMG), on behalf of a local investor, has brokered the $8.6 million sale of a 44-key Days Inn by Wyndham hotel adjacent to Disneyland in Anaheim, CA. The hotel is located at 1030 W. Ball Road at the northwest corner of Disneyland Drive, walking distance to the famed theme park and Downtown Disney. Days Inn by Wyndham features spacious guest rooms, including king-bed, two-queen bed, and three-queen bed configurations. The guest amenities include free breakfast and Wi-Fi, onsite parking, a 24-hour reception desk, and coin-operated laundry rooms. Having not been renovated since it was...
KSL Capital Partners Launches Select Service Hotel Platform
Mission Hill Hospitality | August 6, 2021
Mission Hill Hospitality Builds Growing Portfolio Across US DENVER, CO – August 5, 2021: An affiliate of KSL Capital Partners, LLC (“KSL”), a leading investor in travel and leisure businesses, has launched Mission Hill Hospitality, a portfolio company created to acquire select service and extended stay hotels. To date, Mission Hill Hospitality has acquired 12 hotels. KSL historically has focused on full-service hotels, particularly in leisure destinations generally supported by a mass affluent consumer. Mission Hill Hospitality represents an opportunity to invest in select service and extended stay hotels, which, according to Co...
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