Now open – 223 Rooms

Delta Hotels, part ofMarriott International, today officially launched Delta Hotels by Marriott Frankfurt Offenbach marking the European debut of the hotel brand. The opening is a significant landmark in the global rollout of the highly regarded Delta Hotels portfolio – one of the company”s fastest growing brands.

“We are delighted to welcome Delta Hotels Frankfurt Offenbach into our portfolio and offer a quality accommodation option that reflects travellers desire for a simple, yet full-service premium hospitality experience,” said John Licence, Vice President Premium and Select Brands, Europe at Marriott International. “We provide travellers with a hotel experience that is effortless yet still comforting. Simply put, we strip out the superfluous, and concentrate on the getting the essentials right.”

Situated on the left bank of the Main River between Frankfurt city centre and Offenbach, the hotel is within easy reach of the city”s abundant historic and cultural attractions, and a short stroll from the European Central Bank. The hotel”s 223 spacious guestrooms and suites offer a modern take on comfort: elegantly appointed and decorated in calming hues, with floor to ceiling windows that flood the rooms with an abundance of natural light, while affording sweeping views of the city. And, with the needs of the modern traveller in mind, keyless room entry is offered through the Marriot Mobile App.

With the brand”s focus on perfecting and elevating the small details that make a huge difference during travel, guests can also expect to enjoy complimentary bottled water, fast and free Wi-Fi, and a 24/7 fitness centre with state-of-the-art cardio equipment with touch screen technology.

The exceptional waterfront location, combined with excellent transport links, will be appealing to the business and meetings market. The hotel offers 590 square metres of ultra-modern event space, including nine multi-function rooms, along with a 24-hour business centre and on-site parking facilities.

Operated by Odyssey Offenbach GmbH, it is anticipated that Delta Hotels Frankfurt Offenbach”s stylish meetings, events and dining capabilities will be equally popular with guests and employees of the cluster of nearby companies. Easily accessible from the airport, landmarks such as such Römerberg, Staedel Museum, and the chic boutiques of Goethestrasse are also close by.

Delta Hotels” portfolio now encompasses more than 50 properties, with a healthy pipeline of over 30 signed projects in North America, Europe, and Asia. In addition to Frankfurt, the company recently added its first Chinese property in Shanghai and also plans to debut in Turkey this year.

This announcement also reinforces Marriott International”s continued confidence in markets such as Germany, where the company already offers more than 70 hotels across 16 brands.

95 Rooms

Mandarin Oriental Hyde Park, London has completed the most extensive restoration in its 115-year history, designed to confirm this historic hotel”s position as one of the best in the world.

In celebration, an exclusive Be the First to Stay room package is being offered from 1 June to 31 July 2018. Priced from £695, this package includes daily breakfast, a bottle of Champagne on arrival, plus a credit (ranging from £75 to £350 depending on the room/suite category booked) to be used within the new Spa, Mandarin Bar, The Rosebery Lounge or Bar Boulud.

Guestrooms and Suites

Internationally renowned designer, Joyce Wang, has overseen the design of all guest rooms, suites and public areas, taking inspiration from the hotel”s royal heritage and peaceful parkside location, as well as the glamour of the early 20th century”s Golden Age of travel. All 181 guest rooms and suites are now more luxurious and comfortable than ever before, with art deco-inspired features including carefully curated artworks, and custom-designed furniture. The hotel has also installed a green living wall that surrounds the inner courtyard, providing calm interior views.

Each of the hotel”s 40 suites range in size from the smallest, at 47 square metres, located within the turrets of the hotel, to the largest, at 397 square metres. The latter, located on the top floor, is a magnificent three-bedroom Mandarin Oriental Penthouse with private terraces. Comprised of two spacious interconnecting suites – The Mandarinand The Oriental – this superb accommodation which will launch in July, offers guests expansive views of leafy Hyde Park and the London skyline.

In every suite, guests will find reading libraries curated by the well-known London bookseller, Heywood Hill, record players with vintage vinyl collections and yoga mats for private practice. All accommodation comes equipped with GHD hair straighteners, Nespresso coffee makers, his and her Miller Harris bathroom amenities and Jo Hansford hair products.

The Spa

New York designer Adam D. Tihany, has overseen the redesign of the next-generation Spa at Mandarin Oriental, London. In keeping with the fresh new look, the extensive spa menu has also been enhanced to include exclusive partnerships with some of the most sought-after health and wellness experts in the world. The new spa features 13 individual treatments rooms, an Oriental Suite with two massage beds and a Rasul water temple, a room designed for traditional [ASANTE] Chinese Medicine consultations and treatments, a Bastien Gonzalez Pedi:Mani:Cure Studio and two additional beauty rooms providing a series of results-driven express treatments.

Public Areas

As part of the first phase of the renovation, the building”s iconic façade was revitalised, and Joyce Wang transformed the Lobby Lounge and Reception area to maximise natural daylight, and blend seamlessly with The Rosebery Lounge”s nature inspired décor.
Upon arrival, guests are greeted with a centrepiece glass chandelier in the shape of a closed flower bud, which is further complemented by an open flower blossom chandelier suspended over the lounge area. The reception artwork by Fredrikson Stallard, is an abstraction of the textured and layered bark of the Plane Tree – the signature tree of Hyde Park.

Adam D. Tihany has also overseen a light refurbishment of the hotel”s popular restaurants, Dinner by Heston Blumenthal, Bar Boulud, London and Mandarin Bar.

Artwork

The hotel has commissioned VISTO Images to compile an outstanding art portfolio throughout the hotel. Each of the hotel”s new floor landings showcase a striking photograph by Mary McCartney, while the corridors are home to pieces inspired by the nature of Hyde Park and English technological innovations featured at the 1851 Great Exhibition. Other eclectic art pieces can be found throughout the hotel”s public areas.

Hyatt Announces Plans for First Hyatt Centric Hotel in Ireland

Scheduled for May 2019 – 234 Rooms

Hyatt today announced plans for the first Hyatt property in Ireland, Hyatt Centric The Liberties Dublin. A Hyatt affiliate has entered into a franchise agreement for a Hyatt Centric hotel in Dublin with Realmside Ltd, an affiliate of Hodson Bay Group, an Irish hotel and property group owned by the O”Sullivan family. The 234-room hotel will be managed by Hodson Bay Group Management Ltd and is expected to open in May 2019.

The hotel will be situated in The Liberties, a historic and vibrant area in the heart of Dublin that has undergone significant revitalization in recent years. Enabling guests to discover everything Dublin has to offer, the hotel will be within easy walking distance to Dublin”s major attractions including the historic St Patrick”s Cathedral, Dublin Castle and Vicar Street—the city”s premier live music venue. For eager-to-explore, millennial-minded business and leisure guests, Hyatt Centric The Liberties Dublin will also be in close proximity to exciting destinations such as the home of Guinness and St James”s Gate brewery.

Hyatt Centric The Liberties Dublin is being designed to encourage interaction and engagement with large windows allowing for an immediate view of the bustling Dublin community outside. The hotel will also feature a state-of-the-art gym and social spaces from which guests will enjoy a wide range of restaurant, bar, café and lounge options, in addition to an expansive conference space for external events.

The Westin London City

Westin To Debut In The United Kingdom

Scheduled for 2020 – 220 Rooms

Marriott International, Inc. today announced plans to debut the Westin brand in the United Kingdom. Owned by 4C Hotel Group and managed by RBH, The Westin London City is set to open in 2020 and will boast a prime riverfront location in the heart of the City of London. This hotel signing illustrates how the global demand for well-being continues to propel Westin’s growth around the world, with recent openings in Australia and upcoming debuts in Malaysia and the Maldives.

The Westin London City will be a key part of the redevelopment of the former Queensbridge House site, as well as an independently operated destination restaurant. The site stretches from Queenhithe Dock – the oldest in London – and runs north to south, bridging across Upper Thames Street and giving it a prominent position over one of the primary arterial routes through the City of London. Highly visible from the South Bank, the hotel will also benefit from panoramic views over the River Thames and will complete the northern riverbank walkway between the Tower of London and Millennium Bridge.

Led by British architects Dexter Moren Associates, the thoughtfully designed hotel is fluid and sculptural with a biophilic-focus, suggesting that a connection to nature enhances well-being. Upon arrival, guests enter into an atrium space that is at once open and airy, yet residential and intimate. The lobby leads into a riverside bar and restaurant, which opens onto the new public walkway affording spectacular views across the river towards Shakespeare’s Globe and the South Bank.

The hotel’s 220 guest rooms, including 29 suites and Presidential Suite, are designed to offer guests a nature-inspired respite in the centre of a bustling city, expertly balancing a calming palette of natural colours with contrasting tones, textures and materials. All rooms will feature Westin’s signature services and amenities, such as the world-renowned Heavenly™ Bed and reviving Heavenly™ Bath experience.

Embodying the brand’s Let’s Rise mantra that empowers guests to take back control of their travel routine through wellness, the hotel will feature an indoor swimming pool, idyllic (4036 square foot) spa and WestinWORKOUT® fitness studio with state-of-the-art TRX® exercise equipment. In addition, the hotel will offer the renowned RunWESTIN™ program with three and five-mile jogging routes along the riverfront and the brand’s signature Gear Lending program, allowing guests to pack light and stay fit with New Balance shoes and clothing for guests to use during their stay.

The hotel’s prominent location, combined with excellent airport, train and underground links, will appeal to the business and meetings market. 8900 square feet of ultra-modern meeting and event space will be available, including a Junior Ballroom and four meeting rooms, as well as a 24-hour business center.

Valencia Football Club (Valencia CF) is making progress with the financing for its new football stadium. Market sources estimate that the club could receive proceeds of more than €100 million from the sale of the land on which its current Mestalla stadium is located, a site between the sought-after avenues of Aragón and Suecia.

The sale of that plot, known as the old Mestalla and with buildability for residential and tertiary use, could materialise before the end of 2018, taking advantage of the good times in the real estate market. The plot measures 12,000 m2 and has a buildable surface area of 70,000 m2.

That amount would allow Valencia CF to partially finance the completion of the construction of its new site, where it has fixed assets in progress worth €115 million, and to reduce the debt that it currently holds with financial institutions and which amounts to around €185 million. It also holds liabilities with the public administrations.

The work on this construction site began in August 2007 but was suspended in February 2009, which means that the project has been paralysed now for almost a decade. Since then, several attempts have been made to restart it, but those efforts have always been postponed due to the need for financing.

The club has decided to accelerate its plans to move to the future Mestalla and push ahead with the reduction in its debt and the clean up of its balance sheet to focus on its sporting efforts. Only the arrival in December 2014 of the Singaporean magnate Peter Lim saved the team from bankruptcy, which has recorded losses of €60.2 million in total over the last three years, in large part due to this real estate expenditure. Losses are also forecast for this year.

In this context, the President of Valencia CF, Anil Murthy, now considers that “the real estate market has evolved enough to meet our objectives”. Thus, the club is going to continue working with the Town Hall to process the amended licences to start the building work.

Inauguration: in 2021

Murthy said that for this process, Valencia CF has engaged Deloitte, which will be its comprehensive advisor in all aspects financial, real estate, technical and economic relating to the entire process necessary to move to the future stadium within the timeframes set out in the Valencia Strategic Territorial Action Plan.

In addition, Deloitte will be responsible for the business plan and sale of the tertiary space in the new stadium, which will have more than 40,000 m2 of buildable space available for commercial use (…).

The Barcelonan hotel group Tragaluz , controlled by Rosa María Esteva Grewe and Tomás Tarruella Esteva, will stop exploiting (keeping the property) at the end of next July its own hotel ‘Omm’ (5E-91 rooms), which will thus become exploited for rent from August by EHPC.  The hotel ‘Omm’, located on Rosselló Street, 265, between Paseo de Gracia and Avenida Diagonal, Barcelona, ​​was opened in 2003 and, since then, has been operated directly through the company Esteva Oommm.

The bidding to acquire the stake owned by the Chinese holding company HNA in NH is entering the home stretch. The Asian giant has set this week as the deadline for the receipt of binding offers for its 29.5% stake in NH, which will be diluted to 25.5% following the execution of the hotel chain’s convertible bonds that are currently in circulation.

The investment funds that have made it to the final round are Lone Star, which has joined forces with the US hotel chain Hyatt to launch its offer, as well as Apollo and Elliott, who have also expressed their interest. Meanwhile, Starwood Capital and Blackstone, which both analysed the operation, have been excluded from the process.

The offers from the funds fall in the range of between €5.50 and €6.00 per share, according to market sources. Yesterday, NH’s share price closed at €6.39. Other sources explain that the funds have signed a standstill with the company so as to not exceed 20% in NH following the operation and whereby avoid having to launch a takeover bid for 100% of the entity at a low price.

These funds have also been joined by the Thai hotel chain Minor, which last week acquired €30 million of Oceanwood’s shares, representing 8.6% of NH, for around €190 million. The agreement includes a pact whereby the manager concedes Minor the right to exclusively negotiate the purchase of the rest of its stake in NH, which, after the bond conversion, will amount to 9.5%.

If it were to acquire all of HNA’s stake, Minor would clearly exceed the 30% threshold that would oblige it to launch a takeover bid for the entire company. In that scenario, the Thai group, whose shares are traded on the Hong Kong stock market, would have a number of alternatives: sell some of its stake on the market, buy fewer shares from HNA or request permission from the shareholders to launch a takeover bid (…).

La Generalitat is going to auction off inhabited homes in Barcelona. The Catalan government is going to sell around twenty homes in L’Hospitalet de Llobregat for an asking price of €7.7 million in the first auction and €6.2 million in the second, according to information provided in La Generalitat’s Official Gazette.

The residential portfolio for sale comprises 16 homes and three detached houses, all of which are rental properties and all of which are currently occupied. The auction will be conducted in blocks in order to prevent the tenants from using the right of first refusal over their own homes. Nevertheless, the future owner of the homes is going to have to subrogate the lease contracts.

The apartments for sale are located opposite Plaza Europa and the Gran Vía 2 shopping centre in L’Hospitalet, at numbers 15-23 Calle Ciencies. In those blocks, in addition to the homes, La Generalitat is going to auction off two premises and 23 parking spaces with storerooms. With regard to the detached family homes, they are located on another urbanisation, on Calles Mileva Maric and Hanna Arendt.

The current tenants of the apartments pay between €800, in the case of the homes with the oldest rents, and €1,600 per month for the detached family homes. Each home has a surface area that ranges between 78 m2 and 120 m2 and has two, three or four bedrooms.

The auction, which will see the deadline for the presentation of offers close on 9 July, will be held on the 19th of that same month through Addmeet, the online real estate platform that has already managed other large public sales in other Spanish cities.

Barcelona wants to put an end to adverts for unlicenced apartments. The Town Hall of the Catalan capital has asked Airbnb to remove a total of 2,577 illegal tourist apartments that are currently advertised on its platform. Janet Sanz, deputy mayor for urban planning in Barcelona, confirmed that the list of identified apartments has now been handed over to the company.

The Town Hall has explained that the Airbnb team responsible for removing the adverts, located in Ireland, received the list on Thursday. Moreover, it has highlighted that it has already opened sanction proceedings against the owners of those unlicensed apartments, but not against the company itself.

In this sense, the Town Hall of Barcelona is only planning to impose sanctions on Airbnb if the company refuses to eliminate the adverts for the illegal tourist apartments, as established by the regulations of the Generalitat de Catalunya. The local government expects the platform to withdraw the adverts within a few days like it did last summer.

Similarly, Sanz has explained that the Town Hall is scheduled to meet Airbnb next week to consider a technological proposal designed by the platform to avoid the advertising of illegal apartments.

Firstly, some of the tenants vacated Edificio Planeta and now the property itself looks set to change hands. The iconic asset belonging to the Lara family, owner of the publishing group that gives it its name, located in the centre of Barcelona, is very close to ending up in the hands of Banco Sabadell.

The Spanish bank is finalising the purchase of the building, taking advantage of the debt restructuring process that the Hemisferio group is currently undertaking. Moreover, in this regard, Sabadell may have required the resignation of José Lara García as director, according to La Vanguardia.

Owned by Planeta since 2001, the property will lose the multinational publicity group McCann as a tenant on 31 May; that firm is moving to a newly renovated building in the most sought-after business centre of the Catalan capital, 22@, as reported by Eje Prime.

Constructed in 1979, Edificio Planeta, which cost the publishing group €100 million, is the fruit of work by the architects Tous and Fargas, who received the commission from Banco Industrial de Catalunya. Its surface area of 26,000 m2, spread over three octagonal towers, will form part of Sabadell’s portfolio. As such, the entity will acquire an asset situated very close to the towers of its competitor, La Caixa.