Savills Hotels

🎉 Wishing you and your families a happy new year, may it be filled with success and prosperity!

Savills Hotels is delighted to announce that have successfully advised on the sale of the Iberostar Wave Las Dalias, in Costa Adeje (Tenerife). This transaction demonstrates institutional investors' confidence in the Resort hotel sector and in the Canary Islands. This successful sale also testifies Savill’s ability to facilitate hotel transactions whatever the context, as well as our commitment to maximizing value for our clients. Congratulations Covivio team for this new addition to your hotel portfolio! Well done Cristina Lluch and Team! Savills España I Savills Hotels #Hotels #CapitalMarkets #Resorts #CanaryIslands #tenerife https://lnkd.in/d9FQ9jsJ

𝐓𝐫𝐚𝐧𝐬𝐚𝐜𝐭𝐢𝐨𝐧 𝐂𝐥𝐨𝐬𝐞𝐝: 𝐇𝐲𝐝𝐞 𝐏𝐚𝐫𝐤 𝐁𝐨𝐮𝐭𝐢𝐪𝐮𝐞 𝐇𝐨𝐭𝐞𝐥   Savills 𝐇𝐨𝐭𝐞𝐥 𝐂𝐚𝐩𝐢𝐭𝐚𝐥 𝐌𝐚𝐫𝐤𝐞𝐭𝐬 is thrilled to have advised an established London hotel owner on the disposal of Hyde Park Boutique Hotel in Bayswater for £14m. This recently refurbished property, presented to an exceptional standard, featured a well-established business and was sold at the asking price, free of brand and management ties. The scarcity of high-quality assets in the area, combined with the limited availability of hotels of this scale, made it a compelling opportunity for the private international investor. Alex Sturgess MRICS, Director, Hotel Capital Markets at Savills, commented: "We are delighted to have delivered a successful result for our client, capitalising on an improving market to achieve the asking price. The boutique hotel’s excellent presentation and proven business model made it a highly attractive asset." Learn more about our UK Hotel Services: https://lnkd.in/eM7NRGAQ Contact: Alex Sturgess MRICS | Kitty Snaydon

As the end of the year approaches, we wish you a wonderful festive season and thank you for your continued trust and support. From all of us at Savills.

𝐃𝐞𝐚𝐥 𝐋𝐚𝐮𝐧𝐜𝐡: 𝐌𝐢𝐱𝐞𝐝-𝐔𝐬𝐞 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐲 𝐢𝐧 𝐭𝐡𝐞 𝐂𝐢𝐭𝐲 𝐨𝐟 𝐋𝐨𝐧𝐝𝐨𝐧   Savills 𝐇𝐨𝐭𝐞𝐥 𝐂𝐚𝐩𝐢𝐭𝐚𝐥 𝐌𝐚𝐫𝐤𝐞𝐭𝐬 and 𝐋𝐨𝐧𝐝𝐨𝐧 𝐑𝐞𝐬𝐢𝐝𝐞𝐧𝐭𝐢𝐚𝐥 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 (#LRI) teams are delighted to bring to market 22-23 𝐆𝐫𝐞𝐚𝐭 𝐓𝐨𝐰𝐞𝐫 𝐒𝐭𝐫𝐞𝐞𝐭 – a rare stabilised mixed-use freehold investment in the heart of the City of London.   Situated in a prime business and tourist hub, the property benefits from exceptional connectivity, just 400m from Tower Hill, Fenchurch Street, and Monument stations.   𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬: 𝐀𝐩𝐚𝐫𝐭𝐦𝐞𝐧𝐭𝐬: Nine high-quality apartments operating under Waterside Apartments. 𝐂𝐨𝐦𝐦𝐞𝐫𝐜𝐢𝐚𝐥 𝐒𝐩𝐚𝐜𝐞: A 1,684 sq ft restaurant currently let to CKC & Partners. 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐃𝐞𝐭𝐚𝐢𝐥𝐬: Offers invited in the region of £5.25m, reflecting a gross yield of approximately 6.1%, subject to contract.   For further information, or to arrange a viewing, please contact: 𝐇𝐨𝐭𝐞𝐥𝐬: Kitty Snaydon: kitty.snaydon@savills.com | Alex Sturgess MRICS: alex.sturgess@savills.com 𝐋𝐑𝐈: Jonathan Campbell: jonathan.campbell@savills.com | James Laverack: james.laverack@savills.com

𝐒𝐚𝐯𝐢𝐥𝐥𝐬 𝐇𝐨𝐭𝐞𝐥𝐬 – 𝐍𝐞𝐰 𝐉𝐨𝐢𝐧𝐞𝐫   We are pleased to announce that Charles Major MRICS has joined our Hotel Capital Markets (#HCM) team. Savills HCM provides clients with market-leading transactional and financing expertise across the Hotels, Serviced Apartments, Hostels, and Resorts sectors globally. Phoenix Chow, Associate Director, Savills HCM, commented: "We are thrilled to welcome Charles to the team who will bring a fresh perspective that will be instrumental in delivering tailored advice and innovative solutions to our clients. His addition strengthens our ability to support our clients in navigating the dynamic market and capitalising on growth opportunities. We look forward to the value he will bring to our growing Hotels platform, particularly as core capital appetite continues to return." Learn more about our UK & EMEA Hotels services: https://lnkd.in/eM7NRGAQ Read our latest 𝐓𝐡𝐨𝐮𝐠𝐡𝐭 𝐋𝐞𝐚𝐝𝐞𝐫𝐬𝐡𝐢𝐩: 𝐔𝐊 𝐇𝐨𝐭𝐞𝐥𝐬 𝐒𝐩𝐨𝐭𝐥𝐢𝐠𝐡𝐭 2024 - https://lnkd.in/e2WF25VD   Contact us: Richard Dawes | Phoenix Chow 

𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐲 𝐋𝐚𝐮𝐧𝐜𝐡: 𝐑𝐮𝐛𝐲 𝐒𝐭𝐞𝐥𝐥𝐚 𝐇𝐨𝐭𝐞𝐥 𝐚𝐧𝐝 𝐁𝐚𝐫   Savills 𝐇𝐨𝐭𝐞𝐥 𝐂𝐚𝐩𝐢𝐭𝐚𝐥 𝐌𝐚𝐫𝐤𝐞𝐭𝐬 (𝐇𝐂𝐌) team, on behalf of RE Capital, are delighted to offer to market the recently completed 𝐑𝐮𝐛𝐲 𝐒𝐭𝐞𝐥𝐥𝐚 𝐇𝐨𝐭𝐞𝐥 – London’s newest upscale lean luxury hotel.   The highly attractive and rare #freehold hotel is securely let on a long 30-year lease to Ruby Hotels.   Strategically located in the heart of #Farringdon, the purpose-built property benefits from exceptional connectivity, linking it directly to London’s financial districts, major airports, and key leisure destinations.   The Ruby Stella Hotel opened to guests on 25 November 2024, offers 153 contemporary en-suite bedrooms and a vibrant ground-floor communal space, including a restaurant, bar, and courtyard terrace. Designed with sustainability at its core, the development boasts an ‘𝐄𝐱𝐜𝐞𝐥𝐥𝐞𝐧𝐭’ 𝐁𝐑𝐄𝐄𝐀𝐌 rating, an EPC rating of A6, and ESG-aligned features such as air source heat pumps and reduced CO2 emissions by over 35%.   Richard Dawes, 𝐔𝐊 𝐚𝐧𝐝 𝐏𝐚𝐧-𝐄𝐮𝐫𝐨𝐩𝐞𝐚𝐧 𝐃𝐢𝐫𝐞𝐜𝐭𝐨𝐫, 𝐒𝐚𝐯𝐢𝐥𝐥𝐬 𝐇𝐨𝐭𝐞𝐥 𝐂𝐚𝐩𝐢𝐭𝐚𝐥 𝐌𝐚𝐫𝐤𝐞𝐭𝐬, said, “Savills is proud to be handling the sale of the Ruby Stella Hotel. This is a unique opportunity to acquire a purpose-built, high-quality freehold asset in one of London’s most dynamic locations. The property’s exceptional sustainability credentials, coupled with a long-term lease to an institutionally trusted operator, make it an attractive proposition for investors looking for long-term index-linked income and capital growth potential.”   Luke Dhanoa, Head of UK Asset Management, RE Capital UK, commented, “The Ruby Stella Hotel reflects RE Capital’s dedication to delivering high-quality, sustainable assets in prime urban locations. Its lean luxury design and unparalleled location in Farringdon create a compelling opportunity for discerning investors.”    𝐑𝐮𝐛𝐲 𝐇𝐨𝐭𝐞𝐥𝐬: https://lnkd.in/e8rzQdUw 𝐑𝐞𝐚𝐝 𝐭𝐡𝐞 𝐟𝐮𝐥𝐥 𝐩𝐫𝐞𝐬𝐬 𝐫𝐞𝐥𝐞𝐚𝐬𝐞: https://lnkd.in/esUXy7Qb | CoStar: https://lnkd.in/eegEbi5H   For more information, or to arrange a viewing, please contact: Richard Dawes RDawes@savills.com Phoenix Chow PChow@savills.com Alexandre Jallerat: alexandre.jallerat@savills.com

𝐓𝐫𝐚𝐧𝐬𝐚𝐜𝐭𝐢𝐨𝐧 𝐂𝐥𝐨𝐬𝐞𝐝: 𝐑𝐨𝐬𝐞𝐡𝐢𝐥𝐥 𝐇𝐨𝐮𝐬𝐞 𝐇𝐨𝐭𝐞𝐥   Savills 𝐇𝐨𝐭𝐞𝐥 𝐂𝐚𝐩𝐢𝐭𝐚𝐥 𝐌𝐚𝐫𝐤𝐞𝐭𝐬 are delighted to have advised our client on the freehold sale of Rosehill House Hotel in Burnley.   The 𝐆𝐫𝐚𝐝𝐞 𝐈𝐈 𝐥𝐢𝐬𝐭𝐞𝐝 𝐩𝐫𝐨𝐩𝐞𝐫𝐭𝐲 is a popular wedding venue, comprising 30 bedrooms, a restaurant, a bar, a Victorian conservatory and extensive garden space.   Evie Clarkson, Agent in Savills Manchester Hotel Capital Markets team, comments: “Rosehill House Hotel benefits from a superb location and offers strong ongoing potential – we are delighted to have helped our client achieve a successful result.”     Learn more about our Hotels services: https://lnkd.in/eM7NRGAQ   Contact the deal team: Tom Cunningham | Evie Clarkson 

𝐅𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 𝐓𝐢𝐦𝐞𝐬: 𝐅𝐥𝐞𝐱𝐢𝐛𝐢𝐥𝐢𝐭𝐲 𝐢𝐧 𝐑𝐞𝐚𝐥 𝐄𝐬𝐭𝐚𝐭𝐞 – 𝐑𝐞𝐬𝐢𝐥𝐢𝐞𝐧𝐜𝐞 𝐚𝐧𝐝 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐲 Richard Dawes, UK & Pan-European Director, 𝐇𝐨𝐭𝐞𝐥 𝐂𝐚𝐩𝐢𝐭𝐚𝐥 𝐌𝐚𝐫𝐤𝐞𝐭𝐬, Savills, recently shared insights with the Financial Times on the importance of flexible real estate models, highlighting The Social Hub (TSH) as a prime example. Flexible models, like TSH, which adapted to changing market conditions during the pandemic, offer diversification benefits to investors. These approaches cater to evolving consumer preferences while providing resilience against economic fluctuations - key priorities for Living sector clients in today's market.   Richard commented - "If demand for student accommodation falls off in a city, but demand for hotel rooms increases, TSH can flex. This adaptability aligns with investors' need for stability amid evolving market conditions and economic pressures."   𝐒𝐚𝐯𝐢𝐥𝐥𝐬 𝐎𝐂𝐌 division, comprising 160 experts, is uniquely positioned to guide clients in navigating these market dynamics. We specialise in delivering integrated advice across all operational real estate sectors, with leading sector specialists and embedded Corporate Finance and Debt Advisory experts working together to support clients with equity raising, joint venture structuring, M&A, refinancing, and exploring mixed-use opportunities. Read the full FT article here: https://lnkd.in/euU9sfnm   𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐨𝐮𝐫 𝐎𝐩𝐞𝐫𝐚𝐭𝐢𝐨𝐧𝐚𝐥 𝐑𝐞𝐚𝐥 𝐄𝐬𝐭𝐚𝐭𝐞 𝐄𝐱𝐩𝐞𝐫𝐭𝐬: Head of Savills OCM: Peter Allen Europe: Marcus Roberts Equity solutions: Joe Guilfoyle Debt solutions: Andrew McMurdo Hotels: Tim Stoyle | Richard Dawes | Bas Wilberts | Javier Oroz PBSA & Co-living: Lizzie Beagley   Multifamily: Andrew Brentnall | Polly Simpson | Piers de Winton | Davina Clowes   #Savills #Hotels #PBSA #HybridHospitality #RealEstate #Investment #Living #ocm #ExtendedStay #ServicedApartments 

𝐄𝐯𝐞𝐧𝐭: 𝐀𝐒𝐀𝐏 𝐀𝐧𝐧𝐮𝐚𝐥 𝐂𝐨𝐧𝐟𝐞𝐫𝐞𝐧𝐜𝐞   We’re delighted to share that Richard Dawes, UK & Pan-European Director, 𝐇𝐨𝐭𝐞𝐥 𝐂𝐚𝐩𝐢𝐭𝐚𝐥 𝐌𝐚𝐫𝐤𝐞𝐭𝐬, Savills, will be speaking on the 𝐒𝐭𝐚𝐭𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐍𝐚𝐭𝐢𝐨𝐧 𝐏𝐚𝐧𝐞𝐥 at the ASAP - The Association of Serviced Apartment Providers Conference 2024.   Richard will be speaking together with other expert panellists:   Richard Toomer - Tourism Alliance Samantha Mcknight – CIBT Rebecca Hollants Van Loocke, Frasers Hospitality Stephen Hanton - Synergy Global Housing; and Moderator Stephen Lowy - The Residence Apartments.   The panel will explore key trends and insights shaping the serviced apartment sector, delving into opportunities and challenges across the UK, Europe, APAC, and the Americas.   𝐃𝐞𝐭𝐚𝐢𝐥𝐬: 📅 Thursday, 28th November 2024 ⏰ 9:30 AM   We look forward to seeing you there!   For more information, contact: Richard Dawes | Tim Stoyle   #ASAP #Event #panel #networking #clients #savills #hotels