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iconic-scottish-gleneagles-hotel-sold

Iconic Scottish Gleneagles Hotel sold


Ennismore Capital, the private investment company which owns Hoxton Hotels has bought the Gleneagles hotel and golf resort in Scotland. Ennismore bought the property, which hosted the 2014 Ryder Cup, from international drinks giant Diageo, which has owned the property for the last 31 years. The purchase price has not been disclosed.
middle-east-owners-may-sell-frhi-hotels

Middle East owners may sell FRHI Hotels


The owners of FRHI Hotels & Resorts are looking to sell the luxury hotel operator, according to the Wall Street Journal. Undisclosed sources say FRHI and Kingdom Holding Co. have hired Deutsche Bank and Morgan Stanley to market the company. Another unnamed hotel executive estimated FRHI could fetch up to US$3 billion.
amsterdams-palace-of-justice-a-marriott-branded-hotel

Amsterdam's Palace of Justice a Marriott branded hotel?


The former Palace of Justice building on Amsterdam's Prinsengracht canal has been sold and will be turned into a luxury 5 star hotel. The Ministry of Home Affairs announced on Tuesday that the historic building has been sold, Dutch newspaper Het Parool reports. The building served as a court in the capital for more than 175 years. The building was bought by the Den Bosch company M7 Development B.V. for 61.3 million euros.
third-hoxton-hotel-for-london

Third Hoxton Hotel for London


Local councillors have unanimously backed plans for a new 16-storey boutique hotel and office block in Southwark, London. The existing six-storey former social security office at Wedge House in Blackfriars Road will be demolished and replace The Pronce Albert pub in Columbo Street which closed earlier this year to make way for the new mixed-use office and hotel development that will be 14 storeys tall plus basement, ground floor and mezzanine.

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