CBRE Hotels’ Post

CBRE Ireland has confirmed the sale of One Westmoreland, Dublin 2, a six-storey building in Dublin City Centre with full planning permission for a 38-bedroom hotel. "There was significant interest in One Westmoreland Street due to the ability to create and operate a high-profile hotel in this stunning Temple Bar location,” said Paul Collins, head of CBRE Hotels Ireland. https://lnkd.in/dNHn3UKS #hotel #Dublin #BusinessDevelopment #PropertyNews

New Instruction: Hotel Investment Opportunity 📣 Christie & Co, along with our joint agent Cushman & Wakefield Hospitality, has been instructed to market the hotel trading as the DoubleTree by Hilton Swindon, a well-located full-service hotel with value-add potential. The hotel represents a rare opportunity to acquire an upscale hotel, free of management, with a host of opportunities to add further value through extension of the key count, refurbishment of guest rooms and further development of the conferencing facilities. “Offering a profitable track record and having undergone substantial investment, the hotel offers further asset management potential to grow profitability benefiting from the growing appeal of the business parks around Swindon," said Jeremy Jones, Head of Brokerage at Christie & Co. Read the full press release here: https://lnkd.in/ekgEdmdW #HotelInvestment #Hospitality #Hotels #RealEstate

EverExcel completes an investment with Cedar Capital Partners (“CCP”) in one of the landmark luxury US city hotels. This investments further expands EverExcel’s hospitality portfolio in the USA. CCP invests exclusively in the hospitality sector with an emphasis on luxury and lifestyle hotels. Founded in 2004 CCP has made investments in excess of $4 billion. 

An Indian company has acquired the historic Marston Farm Hotel for £2.5 million, marking their first step into the UK hospitality market with exciting plans for expansion. This deal was facilitated by Colliers’ Hotels Agency team. Read more: https://lnkd.in/ekdMqANF Josh Sullivan #Colliers #Hotels

So good to see that the Hotel Transactions in Europe are almost up to pre-pandemic levels.

C&W MARKET BEAT Q1 2024 – HOTEL INVESTMENT IN THE UK First-quarter investment volumes surged to the highest levels since 2019, reaching approximately £1.7B in Q1 2024. The Q1 2024 volume covered 93 properties across the UK, representing c. 7,600 rooms. Two major portfolio deals, the Edwardian UK Radisson Hotel Portfolio and the LXi REIT Travelodge Portfolio comprised 60% of transaction volume. Looking forward, the market points towards a sustained positive sentiment for the sector bolstered by improved consumer confidence, alongside the projection that leisure demand for hotel nights in the UK will grow a further 6% this year. Read more by downloading our UK Q1 2024 Market Beat: https://lnkd.in/e95NgM6e Subscribe now to receive tailored updates and expert analysis delivered directly to your inbox: https://lnkd.in/ebPWfeEJ 📑 For further information and support with your hotel real estate in the UK, contact our experts Ed Fitch, Carl Ridgley or Richard Candey or contact us at HospitalityEMEA@CushWake.com #CWHospitality #HotelInvestment #HotelRealEstate

Australian trophy hotel, Park Hyatt Melbourne for sale by JLL JLL experts, Peter Harper and Nick MacFie have been appointed to market the prestigious Park Hyatt Melbourne for sale. Peter Harper commented, "The Park Hyatt Melbourne represents a generational investment opportunity in one of Asia Pacific's most dynamic cities. We anticipate significant interest given the hotel's irreplaceable location and attributes, strong reputation, and the continued scarcity of trophy assets of this calibre in the market regionally." Nick MacFie added, "Assets of this significance have historically drawn interest from established investors and new market entrants. Given the weight of global capital currently seeking such investments, this will no doubt be a standout transaction for Australia’s hotel market in 2025.” Read more of The Hotel Conversation - https://lnkd.in/guUzuXvE JLL's Hotels & Hospitality Group Gillian Berardi Tom Gleeson Will Connolly John Musca Kate MacDonald Greg Jeloudev Edward Browne Christian Tsalikis Elyse Balcombe Debbie Farrelly Nicola Raeburn Gareth Closter Gus Moors Andrew Langsford Kate Low Stuart Crow Daniel Kernaghan Nick Thompson Todd Lauchlan #JLLnews #JLLaus #hotelnews #hotelinvestment #hoteliers #hotelindustry #hospitality #tourism #melbre #melbournemarket #melbournerealestate

One of the green shoots in the development space for this year going into next year appears to be the hotel space. Both the rates and occupancy rates have been increasing. There are also a number of new developments popping up in the hotel space, particularly in the luxury hotel space. There will be increasingly new opportunities both in new developments but also upgrades of existing hotels. Below is an article from earlier this year discussing the increased optimism in the space. https://lnkd.in/gSZG-6z8

Former Aimbridge Hospitality President and CEO Michael Deitemeyer is joining hotel owner, developer and operator Rockbridge Holdings and will lead its luxury lifestyle hotel development. https://bit.ly/3WFDgs9

Dublin’s Hospitality Market: Unmatched Opportunities in 2025 The Irish hotel market has reached a record-breaking €1 billion in transactions this year, with Dublin leading the way as a prime destination for investment. Key transactions have included the €260 million sale of the iconic Shelbourne Hotel and the €350 million portfolio of the Dean Hotel Group, alongside other notable deals such as the Radisson Hotel Dublin Airport (€83 million) and Mount Juliet Estate (€45 million).  Luxury hotels, in particular, have taken center stage, driven by high demand and limited supply. With only a small percentage of hotels in Ireland classified as five-star, these exclusive assets often generate intense interest and competitive bidding.  Dublin’s growing global connectivity, including direct flights to over 25 North American cities, and its reputation as a thriving global hub make it an unparalleled opportunity for hotel owners, investors, and operators.  At Iberolat, we have a proven track record of over 50 successful hotel transactions across Europe. Our expertise lies in connecting owners, investors, and operators, creating opportunities that deliver lasting value.  If you’re considering selling your hotel, exploring investment opportunities, or expanding your operations in Dublin, we are here to help. Let’s shape the future of Dublin’s hospitality market together.  Contact us today to explore the possibilities.  #HotelInvestment #DublinHotels #Ireland #IrelandHotels #LuxuryHotels #Iberolat #HospitalityGrowth