Starwood Capital Group Acquires Portfolio of Seven Hilton Hotels Throughout the United Kingdom

Starwood Capital Group | February 27, 2018

MIAMI, Feb. 27, 2018 -- Starwood Capital Group, a leading global private investment firm, announced today that a controlled affiliate of Starwood Global Opportunity Fund XI has acquired a portfolio of seven Hilton hotels throughout the United Kingdom, totalling over 1,300 rooms from Park Hotels & Resorts for £135 million. The portfolio is located in several of the UK's top hotel markets, including London, Edinburgh, Bath and Belfast, which benefit from high occupancies, high barriers to entry and solid investment fundamentals. Starwood Capital Group plan to refurbish a number of the assets in order to transform operating p...