Access the main content

News

Starwood Capital Group acquires seven Hilton hotels

A controlled affiliate of Starwood Global Opportunity Fund XI acquired some hotels in the UK.

One of Starwood Global Opportunity Fund XI’s controlled affiliates purchased a portfolio of 1,300 rooms from Park Hotels & Resorts for £135 million.

It represents seven hotels throughout the United Kingdom, including in London, Edinburgh, Bath and Belfast. Those hotels benefit from “high occupancies, high barriers to entry and solid investment fundamentals”.

The portfolio will be managed by Kew Green under franchise agreements with Hilton Worldwide. Starwood and Kew Green already partnered last year within the framework of a first acquisition of the Holiday Inn Manchester.

Loading...

Vous avez consulté 10 content. Go back home page or en haut de la page.

Access next article.

Sign up to add topics in favorite. Sign up to add categories in favorite. Sign up to add content in favorite. Register for free to vote for the application.

Already signed up? Already signed up? Already signed up? Already registered?