Paul Hastings Advised Starwood Capital on Sale of YOTEL Edinburgh Hotel

Paul Hastings (Europe) LLP advised leading global private investment firm, Starwood Capital Group, on the sale (by a controlled affiliate) of the YOTEL Edinburgh hotel to Millemont Capital Partners Limited, a UK private equity platform.

Located in Edinburgh’s New Town, the 276-room hotel opened in 2019, having been converted from an office to a hotel by Starwood Capital Group. As part of the acquisition, Millemont has exercised a pre-existing right to convert the Hotel Management Agreement with YOTEL to a Franchise and has appointed Troo Hospitality to operate the hotel on their behalf.

Corporate Real Estate partner Stephen Nicolas led the Paul Hastings team, which also included partner Jiten Tank and associates Jee Yoon Chung, Daniel Sullivan-Byrne, Zoe McGowan, Brandon Pickard, and Darius Latham-Koenig.

Further details about the transaction can be found here.

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