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London Office Deal Takes U.S. Firm’s Spending Past £1.25B In UK This Year
News

London Office Deal Takes U.S. Firm’s Spending Past £1.25B In UK This Year

... May, Ares bought a portfolio of 21 hotels leased to Accor for £400M from Landsec that the UK REIT considered noncore ...

Nov 15, 2024
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This Is The Strategy Behind Blackstone, Starwood And Ares’ £2B UK Hotel Chain Frenzy
News

This Is The Strategy Behind Blackstone, Starwood And Ares’ £2B UK Hotel Chain Frenzy

... hotel operator of which AccorInvest is a hotel investment subsidiary] Accor SA.” The acquisition began a process of rationalising the leasing ...

Oct 28, 2024
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Oyo Buys Motel 6 From Blackstone, Ramping Up U.S. Expansion
News

Oyo Buys Motel 6 From Blackstone, Ramping Up U.S. Expansion

... keeping the lights on in 2012 from French hotel operator Accor, part of a $1.9B deal, The Wall Street Journal ...

Sep 23, 2024
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The £3B Question: Why Private Equity Is Piling Into UK Hotel Portfolios
News

The £3B Question: Why Private Equity Is Piling Into UK Hotel Portfolios

... of the deal, Ares agreed on a lease surrender with Accor and has taken over the operations.  Two more deals are ...

Jun 13, 2024
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Hotel Landsec Accord
News

This Week's London Deal Sheet

... a preemption option regarding the proposed sale of the portfolio. Accor sold the portfolio to Landsec in 2007 for £711M. That ...

May 09, 2024
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REPORT: Blackstone Is Again Exploring Sale Of Motel 6 Holding Company
News

REPORT: Blackstone Is Again Exploring Sale Of Motel 6 Holding Company

... altogether, as part of a deal with French lodging company Accor SA in 2012. Blackstone has since invested $900M in the ...

Apr 16, 2024
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Hilton, Hyatt Among Roster Of Defendants In Price-Fixing Lawsuit
News

Hilton, Hyatt Among Roster Of Defendants In Price-Fixing Lawsuit

... and Hyatt, defendants include InterContinental Hotels Group, Marriott International and Accor Group, whose luxury brands include Fairmont, Raffles Hotels & Resorts and ...

Feb 21, 2024
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Sam Nazarian Returns To Hotel Game, Rolling Out New Brand With Wyndham
News

Sam Nazarian Returns To Hotel Game, Rolling Out New Brand With Wyndham

... . In 2020, SBE sold its hospitality and management platform to Accor, including over 100 lifestyle hotels of various brands, such as ...

Jan 22, 2024
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To Compete With Airbnb, This Hotel Brand Will Offer 24/7 Concierge Services For A Full Year
News

To Compete With Airbnb, This Hotel Brand Will Offer 24/7 Concierge Services For A Full Year

... offered exclusively to guests of the Onefinestay luxury rental brand. Accor acquired Onefinestay in 2016 and has been actively growing its ...

Jan 21, 2018
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Los Angeles Hotels, Workers At Odds Heading Into Tourism Season
News

Los Angeles Hotels, Workers At Odds Heading Into Tourism Season

... negotiations with hotel operators, including major players Hyatt, Hilton, Highgate, Accor, IHG and Marriott, the union said in a statement. Workers ...

Jun 12, 2023
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