Mergers & Acquisitions

French institutional investor Iroko Zen SCPI has acquired the two-star, 110-room Travelodge Bournemouth Seafront in the UK from British real estate investment company Martin’s Properties for £11 million (£100,000 per room). The hotel includes a restaurant & bar and is situated in Bournemouth’s West Cliff, just a few minutes walk from Bournemouth Beach. The property is held freehold and is let to British owner-operator Travelodge, with an unexpired lease term of approximately 27 years. It underwent extensive refurbishment in November 2024.

Safestay has agreed to sell the freehold of its Edinburgh Cowgate hostel for £5.35m and will continue operating the site under a new 10-year franchise agreement.  The disposal follows Safestay’s…

Jaleel family’s Singapore-based JD Properties, through its investment and asset management arm High Street Holdings, has acquired the 102-key George Williams Hotel in Brisbane’s Central Business District from Australia-based YMCA Queensland for an undisclosed sum. Market sources indicate that the acquisition price is estimated at AUD34 million, translating to approximately AUD333,333 a key. Located at the corner of George and Turbot Streets, the property occupies a 680 square metres (“sqm”) freehold site zoned as Principal Centre, offering easy access to Queen Street Mall, Queen’s Wharf Casino precinct, South Bank, and Roma Street Station. The hotel features a leased restaurant, meeting facilities, on-site parking, and has recently undergone over AUD1.2 million in refurbishments, including upgrades to two guestroom floors. The property will be rebranded as George Hotel Brisbane and adds to High Street Holdings’ Australian portfolio, which includes the 120-key Rydges Perth Kings Square...

This article was written by Lodging Magazine. Click here to read the original article Photo Credit: Courtyard Amarillo Downtown AUSTIN, Texas—Hunter Hotel Advisors announced the off-market sale of the 107-key…

Broadway Park Hotel in Sandown has been sold to Caledonian Leisure, which has added the site to its growing hotel collection. The 106-bedroom property, dating back to 1870, was originally…

The Manor pub and hotel in Alconbury has been brought to market with an asking price of £595,000.  Specialist business property adviser Christie and Co has been instructed to handle…

This article was written by HospitalityOn. Click here to read the original article A portfolio experiencing strong momentum Marriott reports significant expansion across its EMEA branded residential portfolio. Since late…

Singleton Lodge Country House Hotel and Parklands in Singleton, near Poulton-le-Fylde, has been brought to market for offers over £1.45m. The unique three-storey Georgian hotel is set within five acres…

Reading Time: < 1 minute UK: Real estate investor and asset manager Oberland, in partnership with investment platform RealVantage, have acquired the boutique Heathcote Hotel (formerly the ABode Hotel) in…