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Saudi Arabia Sovereign Wealth Fund PIF to acquire 49% stake in Rocco Forte Hotels, Safestay returns to Edinburgh with its acquisition of a former hostel, OMO Retail sells NH Practico Madrid to Gregorio Antoraz, US buyers acquire the Dalhousie Castle Hotel and Aqueous Spa in Scotland from RPHC.
Article - HVS Europe Hotel Transactions Bulletin Week Ending 27 October 2023 - A summary of European hotel transactions provided by HVS
Here’s a taste of the hotel deal and development news that Daily Lodging Report summarized in the past week, as of May 5, 2023.
A luxury hotel and spa close to Edinburgh and another Scottish venue boasting the largest ballroom in the Borders have been put up for sale.
A hotel group that includes a historic Scottish castle that once hosted Queen Victoria is for sale.