Private equity firm KSL Capital Partners has acquired Hersha Hospitality Trust. The transaction, valued at approximately $1.4 billion, is expected to close in the fourth quarter of 2023. According to the terms of the deal, KSL will acquire all outstanding common shares of Hersha at a price of $10 per share. The purchase price represents...Read More

KSL Capital Partners, a private equity firm specializing in the travel & leisure sector, has acquired a majority stake in Sereno Hotels through one of its corporate vehicles. Founded over 20 years ago by the Contreras family, Sereno Hotels is the owner-operator of the award-winning luxury hotel, Il Sereno, located on the shores of Lake...Read More

Anima Holding has completed the closing for the acquisition of 80% of Castello SGR for a total value of €60 million, to which an additional €1.7 million is added for the estimated net financial position. Anima’s strategy is to further grow Castello SGR’s existing platform in the alternative investments market. The funds managed by Oaktree...Read More

The Public Investment Fund (PIF), the Sovereign Wealth Fund of Saudi Arabia, chaired by Prince Salman bin Abdulaziz Al Saud, is reportedly set to enter the capital of Rocco Forte Hotels by acquiring a 49% stake. As per the current situation, the fund would exit the capital of the company Cassa Depositi e Prestiti, which...Read More

Uturn Investments, an independent family office founded in Verona by Gianpiero Peron, Luca Mongodi and Alberto Nicoli, has announced the acquisition of 48.5% of Kleos Hotel Group and will lead as lead investor of the club deal for the creation of a new hotel chain. The new group will be specializing in the management of...Read More