Home Hotels


A new report by the author of the biannual UK property lending report showed hotel lending margins ended the year as high as 400bps.
Hotels have the chance of returning to pre-covid performance levels, but only if their capital base is properly restructured now, argues Eric Assimakopoulos, founder of Revetas Capital.
The $2.8bn sale to Highgate is potentially the first many large hospitality portfolio sales, but a debt transfer of its size is unlikely to be repeated.
Shiva Hotels' managing director on financing hospitality during covid-19
The long-term refinancing facility for the Connaught and the Berkeley, two of London’s most luxurious hotels, was arranged by US bank Citi.
Hotel lobby
The £180m loan for a new luxury London hotel is one of the few financing deals closed in the sector since the pandemic began.
London & Regional has refinanced its Fairmont Monte Carlo hotel with the French bank.
Hong Kong-based Regal Real Estate Investment Trust (Regal REIT) has announced that its wholly-owned subsidiaries, Bauhinia Hotels Limited and Rich Day Investments Limited, have secured a HK$5.5 billion (€632 million; $710 million) revolving loan facility with nine local and international banks and financial institutions.
The bank provided the three-year, floating-rate loan with two one-year extensions to R.D. Olson Development.

Copyright PEI Media

Not for publication, email or dissemination