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Briefs: Invesco sells to Oman investor | Hotelhouse.co launches

Invesco selling: Invesco Real Estate has sold four German hotels to an Oman-based investor three years after acquiring them for a UK institutional investor. Al Zaman Group has acquired the portfolio of IntercityHotels for an undisclosed amount. Invesco Real Estate bought the four hotels in Darmstadt, Mainz, Rostock and the Frankfurt Airport in 2014 for a pan-European long-lease strategy. The assets were acquired with 30-year hybrid leases to operator Deutsche Hospitality.

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Staff-focused recruitment: A new London hospitality recruitment platform, Hotelhouse.co., has launched with a focus on staff benefits and employee wellbeing. The company’s Co-founder Vivek Chadha had some words to say on the traditional hospitality recruitment in London. “EU workers form a large percentage of our industry and as the Brexit negotiations proceed, we’re seeing a negative impact across the industry as we are struggling to attract and recruit highly qualified and experienced staff into our teams due to the ongoing uncertainty,” he said in a statement.

See the site here

 


HNA may sell stake in Hilton Grand Vacations: Chinese conglomerate HNA Group is in talks to sell some or all of its 25% stake in Hilton Grand Vacations, the timeshare business spun off last year from Hilton Worldwide Holdings, according to reporting from the Wall Street Journal. HNA would sell its shares into the open market instead of finding a direct buyer, the report said, citing those familiar with the matter. While an announcement could come as soon as this week, HNA’s plans could still change, the report stated. 

Read more at Reuters

 


Leo goes green in Israel: Leonardo DiCaprio is investing in a new eco-certified hotel in Herzliya. The Oscar-winning actor and environmental activist will join the project as an investor and partner, Hagag Real Estate Development announced last week. The hotel, located in the Herzliya Marina, will be designed by famous architect David Rockwell and will include 180 suites (130 of them available as timeshare vacation homes) across two six-story buildings with a swimming pool in between. 

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