Queensgate Investments
Queensgate Investments is a UK-based private equity firm with major holdings in the hospitality sector. Its £1bn acquisition of four central London Grange Hotels led to their rebranding under Leonardo Royal and NYX through a partnership with Fattal Hotel Group. Other significant deals include the purchase of Generator Hostels for €450m and Freehand Hotels in the US for $400m. In 2025, Queensgate sold Generator’s European operations to Brookfield for €800m while retaining its US portfolio. The firm also owns the Kensington Forum Hotel, which is earmarked for a large-scale redevelopment. This archive offers insights into hotel investment, portfolio strategy, and large-scale asset repositioning.
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May- 2025 -16 MayNews-In-Brief
Today’s news in brief – 16/5/25
Queensgate Investments has agreed to sell the European operations of Generator Group to Brookfield Asset Management for €776m (£653m). Queensgate acquired the lifestyle hospitality platform in 2017 for €440m (£370m) and has since expanded it from 12 hostels with 1,894 rooms to 21 assets with 3,925 rooms by 2025. Generator’s…
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16 MayHotel Brands
Queensgate sells European arm of Generator Group for €776m
Queensgate Investments has announced the agreement to sell the European operations of Generator Group, a leading lifestyle hospitality platform, to private real estate funds managed by Brookfield Asset Management for €776m (£653m). Queensgate originally acquired Generator in May 2017 for €440m (£370m). The group transformed the regional hostel business with…
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Jun- 2023 -2 JuneHotel Brands
B&B Hotels appoints new CEO to lead UK expansion
B&B Hotels has announced the appointment of Patrick O’Connell as the new CEO of its UK operations as the European value-for-money hotel chain progresses its growth ambitions to open 100 new hotels in the UK by 2035. O’Connell brings over 30 years’ experience in the hospitality industry, covering operations, major…
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Oct- 2020 -26 OctoberHotels
Plans for £1bn Kensington Forum redevelopment approved
Plans to redevelop the Kensington Forum hotel have been greenlit by the Deputy Mayor of London, Jules Pipe, and the Greater London Authority (GLA). The site is already the largest Holiday Inn in Europe, hosting over 900 rooms. However, the new development will include a 1,100-room hotel, multiple restaurants and…
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Dec- 2019 -10 DecemberHotels
UK luxury hotel market remains ‘buoyant’ in 2019
Some 50 luxury and premium hotels have opened across the UK in 2019, according to new research from private wealth firm Boodle Hatfield. Since 2018, the total number of luxury hotels in the UK has risen to 3,380, up from the 3,330 sites recorded in the 2017/2018 period. However, the…
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Oct- 2019 -15 OctoberHotel Brands
Generator acquires Freehand Hotels in $400m deal
Hospitality brand Generator, which is owned by London-based firm Queensgate Investments, has acquired US-based Freehand Hotels in a $400m (£315m) deal. Following the brand’s acquisition transition, Generator will operate a total of 18 properties Worldwide, including Freehand’s New York, Los Angeles, Chicago, and Miami hotels. Generator said the Freehand properties…
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Jun- 2019 -25 JuneProperty
Holiday Inn London-Kensington reveals multi-million pound refurb
Holiday Inn London-Kensington Forum, on Cromwell Road, has unveiled unveils its new look following a multi-million pound refurbishment programme. The ground floor of the property has been transformed with the implementation of the Holiday Inn Open Lobby Concept, offering an environment where guests can eat, drink, work, meet, relax and…
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Mar- 2019 -18 MarchHotel Brands
The Fattal Hotel Group acquires four Grange Hotels leases
The Fattal Hotel Group has announced that it has agreed to acquire the long term lease on four Grange Hotels in London, marking the group’s first entry into the central London market. Totalling over 1,300 bedrooms, the new hotels include the Grange Tower Bridge Hotel, the Grange St Paul’s Hotel,…
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