Mergers & Acquisitions

🏨 Suchad Chiaranussati secured approval to acquire Bangkok’s 726-room Royal Orchid Sheraton for THB5.3 billion. In Seoul, Koramco and Hanwha Galleria became preferred bidders for Boryung Building at approximately KRW200 billion. Oriental Holdings bought three Malaysian hotels for MYR411 million, with MYR211 million refurbishment and rebranding planned; reopenings start in early 2028. Worldwide Hotels acquired Perth’s 101-room Holiday Inn for AUD26.75 million. Ovolo sold Melbourne’s 43-room Laneways for AUD20.1 million, advancing its asset-light strategy.

🏨 Gencom and Miami-based White Bridge Capital acquired the 652-room, 34-story InterContinental Miami, overlooking the Miami River and Biscayne Bay. The recently renovated hotel features 22 suites, 35 meeting rooms and over 90,000 square feet of event space. It becomes Gencom’s second InterContinental property after its late-2025 Times Square acquisition. White Bridge and family office partners supplied significant equity; Gencom plans to grow revenue from rooms, events and dining.

🏨 Aimbridge Hospitality added Accesso’s 718-room Delta Marriott Orlando Celebration in Kissimmee, Florida, to its portfolio. Following a roughly $35 million renovation, the resort offers over 13,000 square feet of event space and two pools. Accesso plans another 10,000 square feet of meeting space. Minutes from Walt Disney World, the hotel holds a Marriott franchise through 2042 and sits about 20 minutes from Orange County Convention Center, whose $560 million expansion is expected in 2029.

David and Jill Reynolds sell 31-bedroom Georgian property to private buyer as they retire after 40 years

🏨 Accor and Corinthia Group will bring five Verdi Hotels into Handwritten Collection starting November 2026: three in Malta, one in Tunisia and one in Portugal. Two more properties are planned in Hungary and the Czech Republic. Launched in 2024, upscale Verdi will gain access to Accor’s distribution, marketing and loyalty programs while remaining independent of luxury brand Corinthia. Handwritten Collection, launched in 2023, has over 50 hotels across 22 countries, with 58 in development.

🏨 Sixth Street, partnering with Riller Capital, acquired the 210-room Four Seasons Resort Scottsdale at Troon North in Arizona from Braemar Hotels & Resorts for $372 million. The 38-acre property includes approximately 13 developable acres, 188 casitas, 22 suites, five dining venues, a 9,000-square-foot spa and 36,000 square feet of event space. Sixth Street plans to enhance the resort’s offerings with Four Seasons, reinforcing its investment in luxury travel.

🏨 Accor and Corinthia Group will bring five Verdi Hotels in Malta, Portugal and Tunisia into Handwritten Collection starting in November, with further expansion planned in Hungary and the Czech Republic. The partnership gives hotels access to Accor’s distribution, loyalty and commercial capabilities while preserving their identities and operational expertise. Handwritten Collection already spans more than 50 hotels across 22 countries, with 58 additional properties in its pipeline.