Marcus Kinsella joins the property consultancy firm as a Partner with 12 years of industry experience, over nine years of which focused on the hotel operational transactions and development market.
Having worked primarily within prime central London, Kinsella has worked on notable deals, including the sale of Bow Street Magistrates Court, now the Nomad Covent Garden, for which he acted on behalf of private clients. He also sold a consented hotel site in Victoria for 4c Hotels to City ID and The Premier Inn in New Marlborough Yard, which comprised a forward funding sale to LaSalle. Kinsella was also instrumental in identifying Ruby Hotels as the operator for Frogmore’s Notting Hill Gate Estate’s new hotel.
Gerald Eve’s market-leading Hotels & Extended Stay team has expanded over recent years. The team advises on over £20bn of hotels annually, including 60% of corporate branded hotels in the UK and 125 hotels in London. The firm is also the UK’s largest hotel property taxation specialist and hotel property asset manager. Now as part of the Newmark Group, the team at Gerald Eve is connected to industry experts in global markets, continuing to strengthen our client offerings.
Gerald Eve reports an increase in investor appetite in the hotel market with a post-pandemic bounce back. The improvement in market conditions is converting to liquidity in the hotel market for both single assets and portfolios.
Will Kirkpatrick, Head of Hotels & Extended Stay said, “The Gerald Eve Hotels & Extended Stay team is a distinguished group in the industry, known for its expertise, forensic analysis and forward-thinking approach. The appointment of Marcus to our team as Head of Hotel Operational Agency denotes our continued trajectory, and we expect his experience and specialist knowledge to enhance our prime central London offering to luxury hotel operators and the extended stay market.”
John Rodgers, Partner, Capital Markets added “Marcus’ experience in off-market disposals and acquisitions in London will be instrumental as we enter the post-pandemic period where demand for travel and hotel developments increases. Our team and recent addition offer best-in-class advice tailored to all market conditions and changes.”
