Mergers & Acquisitions - 10 Minutes News for Hoteliers - Page 11

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.

Hotel room featuring a white bed with purple pillows, two bedside lamps, a chair by a large window with heavy curtains, and circular-framed wall art on a beige wall.

2 min

UK Leads European Hotel Transactions in H1 2026 with €3.22bn Investment, Driven by London's €2.3bn Deals

🏨 UK, H1 2026: €3.22bn hotel transactions, leading Europe. London tops city investments with €2.3bn across 24 properties. Curio Westminster sold for €300m, bought by RIU Hotels. Europe saw €11.7bn in investments, 19.5% above the 10-year average, despite a 9.5% drop year-over-year. Asia-Pacific investments rose 86%, while Americas and MEA decreased by 87% and 31%, respectively. Upscale hotels gained half of all funds, with average room prices up 9% to €228,416.

Exterior of a modern brick apartment building along a street at sunset, with lit windows and light trails from passing cars.

1 min

KHP Capital Partners Acquires Epicurean Hotel in Tampa; Mainsail Lodging to Continue Operating 188-Key Property

🏨 Tampa, Florida—In 2026, the Epicurean Hotel, part of Marriott's Autograph Collection, was sold by Mainsail Lodging & Development to KHP Capital Partners. Despite the sale, Mainsail will continue operating the 188-key hotel. Originally opened in 2013, the property expanded by 2025, adding 51 rooms and new event spaces. Located near Downtown Tampa in Historic Hyde Park, the hotel is close to Hyde Park Village and Bayshore Boulevard.

Puerto Rico flag waving on a pole beside a tropical beach with turquoise water and rocky cliffs in the background.

0 min

Reuben Brothers and Three Rules Capital Secure Approval for $2 Billion Esencia Development on Puerto Rico's Southwest Coast

🏠 Puerto Rico's southwest coast will see the development of Esencia, a $2 billion+ project by Reuben Brothers and Three Rules Capital, approved after rigorous environmental analysis. Esencia will create over 17,000 jobs and generate $7 billion in economic activity. The plan includes 500 luxury hotel rooms, 1,200 residences, and various amenities over 2,000 acres. Construction starts soon, with sales in Q4 2023 and completion by late 2029. 75% of the area will be reserved for conservation.

CapitaLand Ascott Trust to Acquire 212-Room Coliwoo Midtown in Singapore for SGD134 Million

💰 CapitaLand Ascott Trust (CLAS) acquires Coliwoo Midtown in Singapore for SGD134 million, approximately SGD632,000 per key, on a 51-year leasehold. The six-story property features 212 rooms and will operate under a 10-year lease with annual rental indexation. Koramco and Paradise Group purchased K Square Hongdae in Seoul for KRW150 billion, planning redevelopment. MIRAI acquires Randor Hotel Kyoto Suites for JPY3.55 billion, with a 4.6% yield. Chi Residences 314 in Hong Kong sold for HKD174 million.

Exterior of a Hampton Inn by Hilton hotel with a covered drop-off entrance, beige and stone facade, and a blue Hampton Inn sign nearby.

2 min

Hunter Advisors Brokers Sale of 127-Room Hampton Inn Miami Airport East to AON Hospitality Group

🏨 In 2023, Hunter Advisors sold the Hampton Inn Miami Airport East, a 127-room hotel built in 2017, to AON Hospitality Group. Located near Miami International Airport and less than a mile from the upcoming $1 billion Miami Freedom Park, the hotel features a pool, fitness center, and 748 sq ft of meeting space. This sale reflects confidence in Miami's growing market, boosted by developments like Miami Freedom Park and the Miami Financial District.

Partial line chart showing a downward trend with a jagged top, plus a dark tooltip box displaying date and numeric values (e.g., 09/01/20 and related figures).

3 min

IHG Reports 10% Increase in Operating Profit to $665M, Opens 31,500 Rooms in First Half of 2026

📈 InterContinental Hotels Group (IHG) reported a 10% increase in operating profit to $665 million for the six months ending June 30, 2026. Revenue from segments rose 7% to $1.26 billion, and adjusted EBITDA grew 11% to $1.39 billion. Global RevPAR increased 4.1%, with the Americas up 4.8%. IHG opened 31,500 rooms in 197 hotels, expanding its estate to 7,109 hotels. Profit before tax fell 9% to $578 million due to higher costs. IHG plans shareholder returns of $1.2 billion in 2026.

Accor Adds Treasure Island in Las Vegas to Portfolio as Its Largest Hotel with 2,884 Rooms

🏠 Phil Ruffin, who purchased Treasure Island from MGM Mirage for $775 million in 2009, transferred it to Accor's Handwritten Collection. Located on the Las Vegas Strip, the hotel has 2,884 rooms, becoming Accor's largest globally. As of 2026, Las Vegas saw a 7.5% visitor drop in 2025, and hotel rates fell by 4.4% in June 2026. Treasure Island, opened in 1993, features 8,400 square meters of casino space and the first Cirque du Soleil show.

Group of ten adults in business casual clothes posing in a line outside a dark stone storefront on a sunny day.

2 min

IHG Records 6% Revenue Increase and Plans 2,400 New Hotels in Three-Year Pipeline Amid Strong Global Demand

🏨 IHG's CEO Elie Maalouf announced a +4.1% RevPAR growth in the first half of 2026, with an earnings per share increase of 13%. Nearly 200 hotels opened, contributing to a 5% net system growth in a global portfolio of 7,100 hotels. The pipeline now includes 2,400 hotels, with 352 signings planned. Revenue hit $2,650 million (+6%), and the shareholder program aims for $1.2 billion in returns. The asset-light model boosts profitability.

The Hongkong and Shanghai Hotels Approves €231 Million Renovation for Peninsula Hong Kong and Tokyo Properties

💵 On August 5, 2026, The Hongkong and Shanghai Hotels approved a €231 million renovation for the Peninsula Hong Kong and Peninsula Tokyo. Capex had dropped to €20 million in early 2026 from €55 million the previous year. First-time major renovations for Peninsula Tokyo, open since 2007, and Peninsula Hong Kong since 2012-2013. First-half 2026 revenue hit €435 million, up 8%, with RevPAR up 29% in Greater China and 16% in the US. Net profit was €2.5 million.

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