Mergers & Acquisitions - 10 Minutes News for Hoteliers - Page 10

2 min

The Red House Hotel in Coupar Angus, Perthshire, Listed for Sale at Over £1.95 Million Freehold

🏨 The Red House Hotel in Coupar Angus, Perthshire, is for sale at over £1.95 million. It features 20 en-suite rooms, including 12 family rooms, seven twin rooms, and one triple room. Facilities include a bar-restaurant, a public bar, and a function suite for 160 guests. Marketed by Graham and Sibbald, it is located at the A94 and Forfar Road junction. Owned by the Bannerman family for two generations, the sale is due to family retirement.

Night scene of a large bonfire with tall orange flames and flying embers against a dark sky, burning wooden logs in a circle outdoors.

2 min

Justice Family Group and Kennedy Lewis Form Joint Venture to Strengthen and Preserve The Greenbrier Resort

🏠 The Justice Family Group and Kennedy Lewis Investment Management launched a joint venture to boost The Greenbrier resort's future. 📅 This transaction strengthens its financial foundation. 📍 Located in White Sulphur Springs, West Virginia, The Greenbrier is a historic U.S. resort. 🎰 Casino operations continue while the West Virginia Lottery Commission reviews the new ownership. Lloyd Nathan, former MGM Resorts executive, is now Chairman of The Greenbrier's Board of Directors. 🏨

Goldman Sachs-IGIS Consortium Wins Bid for Timewalk Myeongdong in Seoul with KRW535 Billion Proposal

💰 Goldman Sachs and IGIS Asset Management were selected as the preferred bidders for Timewalk Myeongdong in Seoul, South Korea, with a bid of KRW535 billion. The property spans 37,286 sqm over 19 stories. In Sydney, Australia, BreakFree on Broadway was acquired for AUD19 million. The Staybridge Suites Bangkok Sukhumvit was acquired by the Savetsomphob family. In Japan, the Best Western Hotel Fino Tokyo Akasaka was sold by ICHIKEN Co., Ltd. South Korea designated Gyeongju and Haeundae as Global Tourism Special Zones, each receiving KRW3 billion in funding.

Disney Announces $60 Billion Investment Plan, Including Major Park Expansions and Cruise Fleet Growth by 2028

🎪 Disney's parks and resorts division saw a 10% revenue increase and a 20% rise in operating income. A $60 billion investment plan allocates half to parks and resorts, and a fifth to cruises. Capital investment grew 60% over two years, with $8 billion spent last fiscal year. Disney plans to expand its fleet from eight to thirteen ships by 2029. Marne-la-Vallée's revenue hit 2.4 billion euros, with attendance at 15 million visitors. Disneyland Paris contributes 6.1% to France's tourism revenue.

Promotional cover showing The Peninsula building with a blue banner: The Peninsula Group announces US$268 million renovation plan for Hong Kong & Tokyo hotels (Tourism Insights).

1 min

Hongkong and Shanghai Hotels to Invest HK$2.1 Billion in Renovating The Peninsula Hong Kong and Tokyo

15 August 2026

💸 Hongkong and Shanghai Hotels (HSH) is investing HK$2.1 billion (US$268 million) in renovations at The Peninsula Hong Kong and The Peninsula Tokyo. The focus is on enhancing and preserving the hotels' heritage. HSH reported an 8% increase in first-half group revenue to HK$3.53 billion and a 20% rise in EBITDA to HK$770 million. The timeline for the renovations has not been confirmed yet.

Luxurious yacht lounge with beige sofas and wooden coffee tables, glass doors open to an outdoor deck and sea view.

6 min

Four Seasons Debuts 207m Yacht with 95 Suites and 1:1 Guest-to-Staff Ratio for Exclusive Sea Hospitality

🚢 Four Seasons launched its 207m yacht, Four Seasons I, in March for its 65th anniversary. This 34,000-gross-ton yacht spans 15 decks with 95 suites and a one-to-one guest-to-staff ratio. It sails from the Mediterranean to the Caribbean. The itinerary includes Valletta to Monte Carlo, with stops at the Aeolian Islands and Ischia. Design by Tillberg Design of Sweden features floor-to-ceiling windows. Dining options include 11 restaurants, with highlights like Sedna and Miuna.

Wooden Scrabble tiles spell the words 'ONE MORE' arranged diagonally on a white background.

1 min

Lovelady Shield Country House Hotel in Cumbria Listed for Sale by Receivers with Development Potential

🏠 Lovelady Shield Country House Hotel and Cottages in Cumbria is up for sale by joint receivers. The 3.5-acre property in the North Pennines features a 16th-century manor house with 14 en-suite bedrooms and six barn-converted holiday cottages. Previously, it held planning permission for 38 holiday lets. Landwood Group and Savills are managing the sale, targeting operators and investors interested in the site's development potential.

Aerial view of a tropical coastal town with waterfront resorts and a marina along clear blue-green water with palm trees.

1 min

Sixth Street Acquires Pier House Resort & Spa in Key West for $190 Million in Partnership with Riller Capital

🏨 Sixth Street acquired the Pier House Resort & Spa, a 142-room oceanfront hotel in Key West, Florida, for $190 million from Braemar Hotels & Resorts. Located on five acres at the gateway to Duval Street, it offers oceanfront dining, a spa, fitness center, pool, and private beach. The deal was supported by Riller Capital and financing from Starwood Property Trust, with legal advice from Latham & Watkins.

3 min

HHM Hotels Expands Footprint by Integrating Wurzak Hotel Group's Managed Portfolio in Philadelphia and South Florida

🏨 HHM Hotels has formed a strategic alliance with Wurzak Hotel Group (WHG), integrating WHG's managed portfolio into its platform. This includes hotels like The Dalmar in Fort Lauderdale and the Hilton Philadelphia City Avenue. Both companies have a 30-year relationship and aim to enhance owner results and staff opportunities while maintaining property ownership. HHM operates over 240 hotels in the US and Canada, while WHG has over 40 years of hotel management experience in Philadelphia.

Resort pool at dusk with palm trees, white buildings, and pink-purple sunset skyc?

1 min

Red House Hotel in Coupar Angus Listed for Sale at Over £1.95 Million, Offers Sought

🏨 Red House Hotel in Coupar Angus is on the market for over £1.95 million. Situated at the A94 and Forfar Road junction in East Perthshire, it offers 20 en-suite rooms, including 12 family rooms. The hotel includes a public bar, a bar-restaurant with a conservatory, and a function suite for up to 160 guests. Owned by Alan Bannerman's family for two generations, it’s popular with tourists and locals, and is recommended by Peter Seymour of Graham and Sibbald.

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