Mergers & Acquisitions

NEW YORK—JLL’s Hotels & Hospitality Group announced the successful sale of The Windsor Court, a 314-key luxury hotel in downtown New Orleans, Louisiana. The 23-story hospitality property occupies a premier location in the city’s central business district and is recognized as one of the most iconic hotels in the New Orleans market. JLL represented the seller, The Berger Company and Crow Family Holdings, in the transaction. GMB Properties, led by Gayle Benson, owner of the […] The post JLL Announces Sale of The Windsor Court appeared first on LODGING Magazine.

🏨 The Indigo Road Hospitality Group is taking over operations and management of The Central Station Hotel in Memphis, Tennessee. A rebranding and expanded dining offerings are planned for 2027, including Oak Steakhouse, a private membership club, and a ground-floor coffee bar serving house-made pastries and light fare. Eight & Sand cocktail lounge will remain open with refreshed musical programming. The project aims to engage locals, attract visitors, and strengthen downtown’s dining and music scene.

🏨 Kabani Hotel Group hosted over 300 hospitality stakeholders at its 10th Annual Hotel Investment Forum on October 29, 2026, at Miami’s JW Marriott Marquis. Three panels explored industry growth, financing and extended-stay profitability. Key figures included $7.2 billion in Florida hotel sales over the past year and $129 billion in hotel debt maturing in 2026–2027. Supported by 20 sponsors and Florida International University, the forum returns in 2027.

🏨 Crestline Hotels & Resorts has been selected to manage the 128-room Aloft by Marriott Indianapolis Downtown, joining its Essential Collection. Located at 136 East Market Street, Indianapolis, Indiana, the hotel is 14 miles from Indianapolis International Airport and offers 348 square feet of event space, free Wi-Fi, a fitness center and paid valet parking. Founded in 2000, Crestline manages 127 properties with over 18,000 rooms across 30 states and Washington, D.C.

🏨 Hotel Tech Group has acquired Edinburgh-based For-Sight, adding CRM, customer data and marketing automation to Smarthotel and Net Affinity’s booking, distribution and payment tools. For-Sight holds a 4.8/5 Hotel Tech Report rating, with 95% of hoteliers recommending its CRM. The deal aims to personalise guest experiences and increase hotel revenue. Co-founders Allan Nelson and Richard Bolton leave upon completion. HTG’s expansion follows Smarthotel’s late-2024 merger with Hoteliers.com and Net Affinity joining in 2025.

🏨 Scandic has completed its €500 million acquisition of Dalata’s hotel operations, adding 57 hotels, around 12,500 rooms and a 1,600-room pipeline. Funded through cash and loan facilities, the deal expands Scandic to more than 320 hotels across 150 destinations in 11 markets. It adds Clayton and Maldron brands, established in Ireland and the UK. The operations enter Scandic’s “Other Europe” reporting segment from November 2, 2026; further financial details follow November 10.

🏨 MERA completed a £3.25m, 24-month bridging loan to refinance a refurbished 131-bed hostel on City Road, London. Led by Associate Director Leo del Rosso, the facility represents 65% of open-market value and 70% of vacant-possession value. With occupancy around 80%, it supports building a trading record before longer-term financing. Greater London Authority research published in July 2026 forecasts serviced-room demand rising from 166,000 in 2025 to 232,000 by 2050—an additional 66,000 rooms.

🏨 U.S. investment firm Gencom has acquired the 308-room Rosewood London in Holborn, its first London hotel and second Rosewood property after purchasing Rosewood Bermuda in 2017. HSBC and Santander provided £225 million in senior debt financing for the acquisition and improvements. The five-star hotel occupies a freehold 1912 building near Covent Garden and underwent renovations from 2011–2014. The deal reflects Gencom’s confidence in London’s long-term luxury hospitality market.

🎰 Sonesta International Hotels and Boyd Gaming announced an exclusive affiliation in Newton, Massachusetts, and Las Vegas, Nevada. The new Boyd Collection will add 19 casino resorts, 9,700+ hotel rooms and 600,000 square feet of meeting and event space to Sonesta’s distribution platform, reaching millions of customers nationwide. Boyd’s existing booking channels will remain available. Future plans include exploring hotel development opportunities and linking Sonesta Travel Pass with Boyd Rewards.