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RE Capital sells Ruby Stella Hotel for £48m

RE Capital has revealed that it has sold the Ruby Stella Hotel in London to LaSalle Investment Management for £48m. The Ruby Stella Hotel opened to guests on 25 November 2024, offers 153 en-suite bedrooms and ground-floor shared space, including a restaurant, bar, and courtyard terrace. The development has an ‘Excellent’ BREEAM rating, an EPC […]
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Insights from HVS Asia Pacific Hospitality

Swissotel Bangkok Ratchada – Image Credit Accor    Weekly Hotel Industry Asia Pacific News Roundup from HVS CapitaLand Investment Acquires Hundred Stay Tokyo Shinjuku for JPY30 Billion in Japan Singapore-based CapitaLand Investment Ltd (“CapitaLand Investment”)’s value-added lodging private fund, CapitaLand Ascott Residence Asia Fund II (“CLARA II”) and its co-investors have acquired a mixed-use asset in […]
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Turas Hotels unveils new senior appointments

Highland-based group Turas Hotels has announced a series of senior appointments as part of a leadership overhaul aimed at driving growth and acquisitions across Scotland. The company has appointed Jennifer Macdonald-Nethercott as head of marketing and Johan Van Heerden as its first internal revenue manager. Macdonald-Nethercott, who led the group’s recent rebrand to Turas – […]
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Mallory Court opens new restaurant with chef Stu Deeley

Chef Stu Deeley has officially opened a new modern British restaurant at Mallory Court Country House Hotel and Spa in Leamington Spa. The Warwick, located within the Eden Hotel Collection property, marks a return for the chef, who previously worked at Mallory Court early in his career.  Deeley described the opening as a “deeply personal […]
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Hyatt Completes Acquisition of Playa Hotels & Resorts

Hyatt Ziva Rose Hall – Image Credit Hyatt    Hyatt Hotels Corporation (NYSE: H) today announced the completed acquisition of Playa Hotels & Resorts N.V. (NASDAQ: PLYA), a leading owner, operator, and developer of all-inclusive resorts in Mexico, the Dominican Republic and Jamaica.   This transaction includes the acquisition of 15 all-inclusive resorts previously managed and owned […]
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