Mergers & Acquisitions

The 33-bedroom Grade II-listed property on Brighton seafront was owned by the Beard family since 1997

This article was written by Lodging Magazine. Click here to read the original article PROVIDENCE, Rhode Island, and DALLAS, Texas—Procaccianti Companies and its joint venture partner, Rugger Capital, announced the…

This article was written by Lodging Magazine. Click here to read the original article PITTSBURGH, Pennsylvania—NM Hospitality announced the acquisition of the EVEN Hotel Pittsburgh Downtown, which is situated in…

🏨 In a recent hotel acquisition case in Mexico, a sponsor sought USD 10 million but contributed no capital, prompting concerns over financial risk distribution. The proposal included acquiring a hotel and an adjacent parcel for redevelopment, with the investor expected to finance 100% of the transaction. Projects often face underestimated costs, such as pre-opening expenses. Brands like Marriott add value but require solid agreements. Investment success depends on understanding risks, precise budgeting, and selecting suitable investors rather than mass outreach.

🏨 Aimbridge Hospitality, based in Plano, Texas, has taken over management of three historic boutique hotels owned by Wisconsin-based Gorman & Company. These hotels—Brewhouse Inn & Suites, Milwaukee; Stella Hotel & Ballroom, Kenosha; and Embassy Suites by Hilton Rockford Riverfront—are integral to their communities. Gorman has transformed them since 2013, with investments like the $87.5 million Rockford hotel project. Aimbridge will continue preserving their legacy, offering training and career growth for employees.

This article was written by Lodging Magazine. Click here to read the original article PLANO, Texas—Aimbridge Hospitality announced it has assumed management of three historic boutique hotels owned by Gorman &…

The 60-bedroom Essex property will be repositioned to strengthen its corporate, meetings, events and wedding offering

This article was written by Lodging Magazine. Click here to read the original article CHICAGO, Illinois—Cloud5 Communications announced that it has signed a definitive agreement to acquire interTouch CALA. This…

This article was written by Lodging Magazine. Click here to read the original article BOSTON, Massachusetts—Rockpoint and Newbond Holdings announced the acquisition of the Hotel Maren Fort Lauderdale, Curio Collection…

The 913-room portfolio takes Starboard’s estate to 28 hotels and more than 3,000 rooms