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Fattal Hotel Group’s First US Acquisition: A Strategic Entry into the American Market

Summary by ITTN
Fattal Hotel Group, owner and operator of 329 hotels in 22 countries, including the flagship Leonardo Hotels brand, has signed an agreement to acquire The Blakely Hotel in Midtown Manhattan. The acquisition marks the company’s first hotel investment in the United States and a significant milestone in its evolution from a leading European hospitality operator into a global hotel group. The acquisition completed on 7th July 2026. Located on West 5…
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ITTN broke the news on Thursday, July 23, 2026.
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