Europe Hotel Transactions Bulletin - Week Ending 26 June 2020 (June 27, 2020)

KKR buys Roompot for approximately $1.1 billion 

Private equity fund KKR has announced that it is acquiring the Dutch vacation park business Roompot Group from French private equity group PAI Partners for a reported $1.1 billion. The second largest vacation park operator in Europe, Roompot owns 33 parks in the Netherlands, Belgium and Germany, and operates a total of 150 holiday parks across western and northern Europe. Post-acquisition, KKR plans to grow the platform further with a strong existing pipeline, expanding Roompot’s owned assets and new corporate partnerships.
 

Henderson Park and Hines acquire Greek Portfolio 

UK-based private equity fund Henderson Park and North American real estate developer Hines have acquired a portfolio of five hotels on the island of Crete in Greece. The 1,094-room portfolio, acquired through two separate distressed sales, is comprised of seafront properties in various locations across the island, in the coastal cities of Heraklion, Agios Nikolaos and Sitia. The deal marks the joint venture´s second purchase in the Greek market, following the 2017 acquisition of the former Ledra Hotel, which currently trades as the Grand Hyatt Athens.

Renzo Rosso buys the Hotel Ancora in Cortina, Italy 

Italian entrepreneur Renzo Rosso has acquired the 49-room Hotel Ancora in the Italian ski resort of Cortina d´Ampezzo from local hotelier Flavia Cusinato. The oldest hotel in the town, having been built in 1826, the property has been acquired by Renzo Rosso´s investment vehicle Red Circle Investments for approximately €20 million (€408,000 per room). The hotel is currently undergoing a renovation, and is expected to re-open by the end of 2020.
 

 

For the latest in the hospitality industry, please visit: http://www.hvs.com/. You are also welcome to contact the following personnel.
 
Russell Kett, Chairman – HVS London [email protected]
Charles Human, CEO – HVS London/HVS Hodges Ward Elliott [email protected]
Chris Martin, Senior Director – HVS Hodges Ward Elliott [email protected]
Sophie Perret, Senior Director – HVS London [email protected]
Arlett Hoff, Director – HVS London [email protected]
Florian Kittler, Managing Director – HVS Executive Search Europe & Asia Pacific [email protected]
Demetris Spanos, Managing Director – HVS Athens [email protected]
Ezio Poinelli, Director – HVS Milan [email protected]

 

Disclaimer: Information provided above has been gathered from various market sources. HVS has not independently verified the accuracy of the information provided. Interested parties should not rely on the information as statement of facts and are advised to make their own independent checks to verify the information provided. For further information, please feel free to contact HVS London.

Superior Results through Unrivaled Hospitality Intelligence. Everywhere.

HVS.com

Copyrights © 2020 All Rights Reserved by HVS
Privacy Policy

Sent By: Tanya Lees
HVS | Office Manager
7-10 Chandos Street, Cavendish Square | London, W1G 9DQ