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Schroders acquires W Edinburgh Hotel from Nuveen Real Estate – Image Credit Marriott International
A summary of European hotel transactions provided by HVS
Tristan acquires easyHotel from ICAMAP, Ivanhoe Cambridge and Haji-Ioannou
London-based real estate investment manager Tristan Capital Partners, via its European Property Investors Special Opportunities 6 fund, has entered an agreement to acquire 100% of the share capital of easyHotel from Luxembourg-based fund manager ICAMAP, Canadian real estate company Ivanhoe Cambridge, and the creator of the easyHotel brand Sir Stelios Haji-Ioannou. The transaction is said to value the company at some €242 million (€49,000 per room). EasyHotel’s portfolio currently includes around 50 hotels totalling 4,900 rooms across Europe, of which 17 are franchised and 32 owned / leased. Via a new royalty arrangement, easyGroup is set to continue providing the easyHotel brand to the new owners.
KSL acquires JW Marriott Venice Resort & Spa from Aareal Bank
American private equity firm KSL Capital Partners, working with operating partner EQ Group, has acquired the five-star, 266-room JW Marriott Venice Resort & Spa from Germany’s Aareal Bank, for an amount reported to be some €140 million (€526,300 per room). The property is situated on its own private island, Isola delle Rose, a 15-minute boat ride from St. Mark’s Square on the main island of Venice. Opened in 2015, the hotel includes five restaurants, a bar, a rooftop pool, and 12 event rooms. This is the first equity investment by KSL’s European Capital Solutions, targeting top-tier travel and leisure assets in Europe.
Schroders acquires W Edinburgh from Nuveen Real Estate
London-based asset manager Schroders Capital has acquired the five-star, 244-room W Edinburgh, UK, from Nuveen Real Estate, the real estate arm of American asset manager Nuveen, for a price reported to be over £100 million (£410,000 per room). The property is situated in central Edinburgh on the edge of the £1bn St James Quarter, which comprises retail, residences and F&B outlets, some ten minutes’ walk from the Royal Mile. The hotel opened in November 2023 under a long-term management agreement with Marriott International, and includes a rooftop restaurant operated by Sushi Samba, two bars and five meeting rooms.
AKF and Sampension acquire Comwell Copenhagen from AP Ejendomme and Keva
Danish real estate investment company AKF, together with Danish pension fund manager Sampension, has acquired the four-star, 484-room Comwell Copenhagen Portside Dolce by Wyndham hotel in Denmark from Danish real estate company AP Ejendomme and Finnish pension fund Keva for approximately DKK 1 billion (DKK 2 million per room), which is equivalent to approximately €134 million (€277,000 per room). The property is situated by the waterfront and various transportation links, in Copenhagen’s Nordhavnen district. The hotel was developed and built in 2021 and includes a restaurant, bar and 17 meeting rooms, covering over 25,000 sqm of floor area.
Villa d’Este acquires Hotel Regina Olga on Italy’s Lake Como from R Collection
Italian owner-operator Gruppo Villa d’Este has acquired the four-star, 83-room Hotel Regina Olga in Cernobbio, Italy, from Italian owner-operator R Collection Hotels. Cernobbio is located on the west shore of the lake, some 5 kilometres north of the town of Como, with the hotel situated 150 metres from the edge of the lake. The property has been closed for the past few years, and the new owners plan to carry out extensive renovations to create a 60-room hotel with food and beverage spaces and an outdoor swimming pool. Last month, Villa d’Este also acquired the five-star, 18-room Vista Palazzo Lago di Como and the four-star, 50-room Albergo Terminus in Como, as reported in this newsletter.
Bordoy Hotels acquires the Grand House Algarve in Portugal
Spanish owner-operator Bordoy Hotels has acquired the five-star, 31-room Grand House Algarve in Vila Real de Santo António, Portugal. The property is situated at the easternmost point of the Algarve, just across the river from Spain. The hotel includes a restaurant, bar and rooftop terrace. Following this transaction, Bordoy’s portfolio includes a total of nine hotels (789 rooms), with the newly acquired property being its first outside of Spain.
Little Big Group acquires Duke of Richmond Hotel in Guernsey from Red Carnation
Guernsey-based owner-operator Little Big Group has acquired the four-star, 77-room Duke of Richmond Hotel in Guernsey, from London-based owner-operator Red Carnation Hotels. The property is situated on the island’s west-side, just a 10-minute walk from St Peters port. The hotel includes a restaurant and bar, a cafe and four meeting rooms. Following this transaction, Little Big Group’s portfolio in Guernsey increases to four properties.
InterSPA acquires Hotel Lamm in Germany from Kevin Bauer and David Specht
German recreational facility developer InterSPA Group has acquired the four-star, 46-room Hotel Lamm in Baiersbronn, Germany, from German hoteliers Kevin Bauer and David Specht. The property is situated in the Northern Black Forest region, around an hour’s drive east of the French city of Strasbourg. The hotel includes a restaurant, pool and sauna. InterSPA will take over operations in May and plans to expand the hotel to 200 rooms by converting unused space and adding a new building with 36 rooms. The development will also include chalets set around a newly created natural lake. In April 2025, InterSPA also acquired the former four-star, 157-room Dorint Seehotel & Resort Bitburg Südeifel in Germany, as reported in this newsletter.
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