Mergers & Acquisitions

🏨 Fattal Hotel Group, owning 329 hotels in 22 countries, acquired The Blakely Hotel in Midtown Manhattan on July 7, 2026. This marks their first U.S. investment. The 117-room hotel, including 42 suites, will undergo renovation and reopen in mid-2027 under an existing brand. The strategic move into New York aims to expand their global presence, emphasizing the city’s hospitality significance. Founded by David Fattal in 1998, the group is Israel's largest hotel operator.

🏠 Nocturne Luxury Villas acquired Jayne's Luxury Rentals, marking its eighth brand, seventh destination, and first in Canada. Jayne's, based in Muskoka, Ontario, manages over 300 properties, including lakefront estates. Nocturne now boasts nearly 1,400 villas across North America and the Caribbean. This acquisition enhances Nocturne's vision of a trusted, destination-based luxury hospitality collection. The partnership promises new opportunities while maintaining Jayne's personalized service and local expertise in luxury rentals.

🏨 Fattal Hotel Group acquired The Blakely hotel on West 55th Street, Manhattan for $38.5 million. Renovation costs will be $13 million, and the hotel will reopen in mid-2027 with 117 rooms. Currently, Fattal operates 329 hotels in 22 countries and aims for 400-450 hotels by 2030. CEO Ronen Nissenbaum plans a strategic expansion in the U.S. The group’s focus contrasts with asset-light strategies by competitors like Marriott, Hilton, and IHG.

🏨 Fattal Hotel Group, operating 329 hotels in 22 countries, acquired The Blakely Hotel in Midtown Manhattan, marking its first U.S. investment. Situated near Central Park, Times Square, and Fifth Avenue, the 117-room hotel, with 42 suites, will undergo renovation and reopen in mid-2027. David Fattal highlights this move as a strategic step into the U.S. market. Ronen Nissenbaum emphasizes the prime location and future potential for the Leonardo Hotels brand.

📈 UK hospitality M&A activity saw an increase, with 56 deals completed in Q4 2025, a 14% rise from 49 in Q3 2025. Across 2025, 215 transactions were completed, marking an 8% increase from 199 in 2024. Private equity interest declined, giving way to trade acquirers. 2026 began steadily with 48 deals completed.

🏨 Hunter Advisors sold Hotel Providence in Downtown Providence’s Arts & Theatre District, brokered by Spencer Davidson. Built in 1882 and converted in 2005, this 80-room, seven-story hotel features 5,498 square feet of event space and a fitness center. It’s centrally located near cultural and academic sites including Brown University and the Providence Performing Arts Center. This marks Hunter Advisors' second sale in the area within two years, indicating a strong local lodging market.

SAN FRANCISCO, California—HC Global Fund Services, LLC (HC Global) announced the acquisition of Benchstrength vCFO, Inc. (Benchstrength). The acquisition anchors HC Global’s vision of expanding from fund administration to property-level accounting,…

W South Beach is getting a different W in front of its name. Earlier this year, Britain’s Reuben Brothers, purportedly the second-richest family in the UK with a swath of…

🏨 In May, Corvex Management called for a sale of Whitbread after its five-year plan displeased them. A £920.9 million takeover proposal for PPHE by Fattal Hotel Group fell through. The 36.5% premium offer was not accepted by all shareholders. Whitbread's strategic focus is on real estate, while PPHE's deal collapsed due to lack of agreement on a partial sale. Both events highlight the undervaluation of hotel assets in the market.