FIRST SPONSOR AND PARTNERS ACQUIRE ANDAZ AMSTERDAM FROM I...
Singapore-based investor and developer First Sponsor Group Limited, together with a consortium of investors, has acquired the five-star, ...
Dubai-based real estate investment firm Select Group has acquired three Delta-branded hotels (380 rooms) in the UK from New-York based global investment company KKR and Boston-based investment manager Baupost Group. The portfolio of four-star hotels includes the 148-room Delta Hotels St. Pierre Country Club in Chepstow, Wales, the 120-room Delta Hotels Tudor Park Country Club in Maidstone, Kent and the 112-room Delta Hotels Breadsall Priory Country Club in Ilkeston, Derbyshire. All properties include golf courses, bringing Select Group’s portfolio of UK golf resorts to five properties. The hotels were rebranded under Marriott’s Delta Hotels brand in 2023 and were part of the 33 Marriott hotels in the UK that KKR and Baupost Group acquired from ADIA in November 2024 for £869.2 million – meaning these three hotels are back under UAE ownership after just 18 months.