The 2,424 key portfolio is a collection of full-service Hilton branded hotels with a “wide range” of amenities, including business centres, meeting facilities, and full-service leisure clubs with indoor swimming pools and spas.
The hotels are said to be in “excellent condition” with opportunities for additional value creation across the portfolio through extensions, room renovations, redevelopment of ground floor space to attract external footfall, and alternative use exploration.
All 12 hotels are franchised by Hilton and encompass three of the company’s brands: Hilton Hotels & Resorts; Hilton Garden Inn; and DoubleTree by Hilton.
Henderson Park said it is now in advanced discussions with the existing manager, Amaris Hospitality, for the ongoing management of the hotels.
Nick Weber, founding partner of Henderson Park, said: “This transaction presents us with a rare opportunity to acquire a large, high-quality portfolio of assets, timed to capitalise on the potential for a near term return to travel as well as a wider post-pandemic recovery over the years to come.
“Hospitality remains a high conviction asset class for Henderson Park, and one where we have an experienced team who are excited to manage this landmark portfolio.”
Christophe Kuhbier, managing director at Henderson Park, added: “We believe these assets can deliver reliable cash flow, being located in key business and tourism hubs, and see an opportunity to drive growth through hands-on management. We’ve worked closely with Hilton before and look forward to continuing our partnership and replicating our successes again.”