Mergers & Acquisitions

🏨 CooperWynn Capital secured a $4.875 million cash-out refinancing for My Place Hotel-Midland, TX, benefiting owner Dustin Campbell. The three-story, 64-room hotel, opened in November 2020 and situated in Midland, offers in-room kitchens for extended-stay business travelers. The deal, with a national CMBS lender, provides a five-year fixed-rate, non-recourse debt. The refinancing action enables capital redeployment amidst fluctuating market conditions and an enduring demand driven by the oil and gas sector in the Permian Basin.

🍹 McKeever Hotels plans to invest £600,000 in a new cocktail bar, The Meridian, at Armagh City Hotel, part of a £4m capital investment. Opening early winter, the 120-cover venue will feature local food and drink. Designed by Belfast-based Drinksology, the bar is inspired by Armagh’s historic Meridian Line and will include a tasting room and private dining. This investment follows the hotel’s acquisition over a year ago, aiming to elevate it to a four-star destination.

💰 **Hotel transactions in Latin America**: Confidentiality is crucial to protect hotel assets from commercial damage and internal uncertainty. Revealing too much information early can lead to opportunistic buying and pressure from creditors. A structured sequence involves buyer qualification, NDAs, and staged information disclosure. Preparing documentation takes 2-3 months, ensuring readiness for scrutiny. A recent unprepared sale led to a buyer's withdrawal. Hotels in LATAM often lack comprehensive documentation for institutional buyers.

🏨 University College Birmingham (UCB) has acquired the former Cube Hotel and Marco Pierre White restaurant in Birmingham for £15 million. This investment will transform the top floors of The Cube into a 52-bedroom hotel and restaurant, creating over 150 jobs and providing students with hands-on experience. Additional venues include a new restaurant in Harborne and a café-bar on Summer Row campus. Recruitment is underway for hospitality professionals to lead these new establishments.

🏨 Accor reported a 2.2% rise in revenue per available room in H1 2026, with EBITDA up 6.5% to €563m and recurring cash flow rising 42% to €194m. Despite Middle East conflicts impacting the UAE, RevPAR grew 4.6%. The group opened nearly 14,000 rooms, achieving a 3.2% net unit growth. Their portfolio reached 881,928 rooms in 5,835 hotels, with a development pipeline increase of 11.4%. New rooms generate €1,700 fees annually per room.

🏨 Mumford Company facilitated the sale of Sleep Inn & Suites in Round Rock, Texas, representing Burton Hotel Group. Icon Lodging, a hospitality company in Texas, purchased the property, leveraging its strategic location in Central Texas, near Austin. Ryan Patterson, Ed James, and Steve Kirby led the transaction. The hotel offers long-term potential due to its proximity to major employers and retail areas. This acquisition enhances Icon Lodging's portfolio in the Texas region.

🏠 Victory Group has acquired Cameron House from KSL Capital Partners. This iconic resort, located on Loch Lomond's banks, is celebrated as the 5th best resort in Europe by the 2025 Condé Nast Traveller UK Readers’ Choice Awards. Victory's portfolio now includes the Fairmont Grand Hotel in Geneva and projects in Amsterdam and London. CEO Erik Moresco emphasizes their commitment to investing in high-quality locations. Plans include enhancing Cameron House with wellness and experiential offerings.

🏖 Acquired by Mast Capital and Koch Real Estate Investments, The Islands of Islamorada Resort in Florida, 90 minutes from Miami, offers 22 private villas and eight hotel suites. Each villa spans 4,067 sq. ft., includes four bedrooms, four bathrooms, a garage, and costs $3.8 million. Amenities feature a marina, pools, and a beach. Ocean Sotheby’s International Realty will manage villa sales. Owned by Frisbie Group, financing was arranged by Berkadia Miami.

📍 Rebel Hotel Company, a leading independent hotel management firm in New York, announces the acquisition of three lifestyle hotels: Circa 39 Miami Beach (Florida), Hotel La Jolla (San Diego), and Coachman Lake Tahoe (California). Circa 39’s repositioning will start in Q3 2026 as part of IHG's Vignette Collection. The company aims to enhance guest experiences and operational excellence, maintaining each hotel's unique identity while expanding its upscale portfolio.

📈 Hotel sellers can attract buyers by reducing uncertainty with transparent financials and due diligence. Investors are now more discerning due to higher financing costs, insurance premiums, and labor expenses. Proactive management of known issues and a clear investment narrative are crucial. For instance, a Houston hotel priced competitively garnered 15 offers, selling 25% above the asking price, demonstrating the value of strategic pricing and transparency in maximizing buyer engagement.