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Deka Immobilien has continued its commitment to Dublin real estate by buying the Ruby Hotel, but there are headwinds for the country's hotel sector.
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The hotel is located near a sports complex that has lost all of its professional teams.
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Blackstone said it reached a deal to sell the 450-room Turtle Bay Resort on O'ahu to Host Hotels for $725M, six years after purchasing the property.
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Hoteliers say a city council bill with the support of one of the city's most powerful labor unions is creating an existential threat for small operators.
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The firm’s president said the investor walked away from a deal because “socialism has never worked.”
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KKR and Baupost are buying a Marriott portfolio on which ADIA will make a significant profit
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A new hotel at the Liberties has survived the appeals process as Dublin's hotel investment market ends the year in good shape.
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The hotel chain, LuxUrban, rented rooms that it didn't operate to customers, which government attorneys called "dangerous."
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The hotel's previous owner missed a January loan payment, sending the property into default.
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Trump administration trade and travel policies may hurt international travel, just as hotels face a wall of loan maturities.
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