Christie & Co has successfully brokered the sale of the charming Kearton Country Hotel and Tearoom, a historic hospitality venue nestled in the Yorkshire Dales National Park. The property, known for its six en-suite rooms, apartments, restaurant, bar, gift shop, and tearoom, has been sold to new owners after serving the community for over a decade.
Premier Inn Middle East is offering a 30% discount on stays across Dubai, Abu Dhabi, and Doha from September 11th to March 31st, 2025. With rates starting at AED 180++, travelers can enjoy comfortable accommodations while exploring popular winter attractions in the UAE.
The King and Prince Beach & Golf Resort on St. Simons Island, Georgia, has been sold to a joint venture between South Street Partners and TPG Real Estate. The property, owned by MMI Hospitality Group for 44 years, will undergo a comprehensive renovation to enhance the guest experience. MMI will continue to manage the resort and retain a minority equity interest.
Xenia Hotels & Resorts, a REIT specializing in luxury and upper upscale hotels, has sold the 107-room Lorien Hotel & Spa in Alexandria, VA for $30 million. The company plans to use the proceeds for general corporate activities, including potential share buybacks, debt repayment, capital expenditures, and acquisitions.
