Development & Finance

Rosewood London Sale Headlines Eight European Hotel Deals

Gencom's purchase of the 308-room Rosewood London leads eight European hotel deals spanning the UK, Belgium, Spain, France and Germany, including distressed and leaseback assets.

HVS Europe Hotel Transactions Bulletin - Week Ending 06 November 2026
HVS Europe Hotel Transactions Bulletin - Week Ending 06 November 2026 — fli138 / pixabay

The UK has recorded its largest single-asset hotel sale in five years: the 308-room Rosewood London has changed hands, with US investor Gencom buying the landmark luxury property in a deal brokered by HVS Hodges Ward Elliott, which represented the seller as exclusive advisor.

The hotel sits in a Grade II listed building and carries serious F&B weight — Holborn Dining Room and Scarfes Bar both operate on site — alongside extensive conferencing and banqueting space and a spa. Of its 308 rooms, 52 are suites. Rosewood stays on as operator after the acquisition, so the ownership change doesn't touch the guest experience.

The Rosewood deal anchors HVS Europe's weekly transactions bulletin, which counts eight hotel deals across the UK, Belgium, Spain, France and Germany for the week ending 6 November 2026. The breadth matters. Luxury trophies, budget leases, distressed assets — all traded in the same seven days.

What moved where, and at what price?

  • Brussels: M&G Real Estate, through its M&G European Property Fund, acquired the three-star, 490-room Motel One Brussels from Union Investment's UniInstitutional European Real Estate fund. The hotel on Rue Royale — 500 metres from Brussels Centrale station — was renovated in 2024 and sits on a long-term, triple-net lease to Motel One with annual inflation-linked indexation.
  • Mallorca: Calena Partners bought the four-star, 208-room THB Bamboo Alcudia in Port d'Alcúdia from Atalaya, a fund managed by Actyus, the alternative investment arm of Andorran banking group Andbank. Renovated in 2023, the hotel will now run under Spanish owner-operator Fergus Group via a management agreement and rebrand as Fergus Bamboo Alcudia.
  • Lyon: French owner-operator Invest Hôtel Meyzieu (IHM), private equity firm Extendam, France's public investment bank Bpifrance and Financière Sisters — the Pochettino and Imberton family vehicle — jointly acquired the four-star, 204-room Lyon Marriott Hotel Cité Internationale from Lavorel Hotels. The property, in Lyon's sixth district near the Congress Center and Tête-d'Or park, has a restaurant and 16 meeting rooms. Lavorel had owned it since 2014, when it was one of the group's first hotels.

Which deal carries the clearest return maths?

Next Point's exit from the Garden Saladina in Mallorca does. The Spanish REIT sold the four-star, 132-room hotel in Playa de Muro to a local private investor for €13 million — €98,500 per room. Next Point had paid €9 million (€68,200 per room) in 2021 for the then Garden Holiday Village in a sale-and-leaseback with Garden Hotels, now Cesgarden. A refurbishment followed, and the hotel reopened in 2025 under its current name. That's a gain of roughly €30,000 per room in five years. The buyer inherits a 25-year lease to Cesgarden running to July 2046, with a minimum term to July 2036.

Germany supplied two deals — and one distressed asset

Leonardo Hotels, the European arm of Israel's Fattal Hotel Group, acquired the former four-star, 180-room IntercityHotel Schwerin, next to the city's central station in the capital of Mecklenburg-Western Pomerania, a city of about 100,000 people some 100 km east of Hamburg. The hotel — formerly part of the Revo portfolio — will trade as Hotel Schwerin City Center by Leonardo Hotels while rooms, bathrooms, corridors and public areas are renovated and air conditioning installed. Then it becomes the Leonardo Schwerin City Center.

In Frankfurt, London-based Comer Group International bought the five-star, 225-room Grand Hotel Gravenbruch out of administration. The hotel, 15 minutes from both the city centre and Frankfurt Airport, has a restaurant, bar and 18 meeting rooms. The collapse was messy: the previous owner entered insolvency in July 2026 after its Iranian co-owner was sanctioned by the US and EU over alleged links to Iran's leadership, and Hilton terminated its management contract in August 2026.

What does the London deal mean for Red Carnation's country footprint?

In Dorset, Red Carnation Hotels sold the five-star, 25-room Summer Lodge Country House Hotel & Spa in Evershot — about 20 km north-west of Dorchester — to local hotelier Kevin Newton, off a £5.5 million guide price, or £220,000 per room. The deal includes the nearby 16th-century Acorn Inn, with 10 guest rooms and a restaurant. Red Carnation had bought Summer Lodge in 2003 as its first hotel outside London; the group's portfolio now stands at 14 hotels.

For investors tracking European hospitality, the week's takeaway is simple: capital is moving at every tier — from €68,000-per-room leasebacks in Mallorca to distressed five-star assets in Frankfurt — and operators with strong covenants are retaining contracts through ownership changes.

hotel-transactionshotel-acquisitionseuropean-hotel-markethotel-investmentsale-and-leaseback

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Daniel Okafor

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Correspondent covering companies, deals and strategy in Restaurant and hotel operations at The Pass Brief.

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