Mergers & Acquisitions

🏠 Marriott International expands its branded residential portfolio in Europe, Middle East, and Africa (EMEA) with 33 open locations and over 50 in development across 18 countries as of 2025. This includes a 23% increase in Europe and 59% in the Middle East & Africa since 2023. Nearly 20 agreements were signed in 2025, with 19 projects launching sales. Notable developments include The St. Regis Residences in Abu Dhabi achieving 60% sales before launch and Affini in Dubai selling out in one week.

🏨 Down Hall Hotel, Spa & Estate in Essex received four AA Red Stars at the 2025 AA Hospitality Awards in London. The award, given to top British hotels, highlights the hotel's excellence in service and guest experience. Set within 110 acres, Down Hall features 98 unique rooms and award-winning dining. A new £1 million investment is underway to enhance the estate with The Woodland Table, The Barn Spa, and The Charles Gardens, opening in 2026.

🏨 Italian Gest Resort acquired the Hotel Risorgimento in Lecce for €18 million from Giovanni Casto. The hotel will reopen as Tivoli Palazzo Risorgimento in April 2026 after renovations. French company Financière Hadhoum acquired Radisson Blu Toulouse Airport, raising its portfolio to 12 hotels. Czech Ensana Hotels acquired Hotel Fürstenhof in Bad Griesbach, planning renovations by early 2026. HVS, founded in 1980, conducts 4,500+ assignments annually, offering services in the hospitality sector globally.

🚨 November 10, 2025, Marriott International terminated its agreement with Sonder due to default, impacting its 4.5% net rooms growth forecast. Sonder announced an immediate operations wind-down and Chapter 7 liquidation, following a $224 million net loss for 2024 and $44.5 million in Q2 2025. Delayed integration with Marriott and participation in the Bonvoy system led to severe financial constraints. Marriott had invested $15 million in Sonder, who went public in January 2022 at a $1.9 billion valuation.

💳 Marriott International, Inc. announced on June 2025 in Bethesda, Maryland, that its licensing agreement with Sonder Holdings Inc. is terminated due to Sonder's default. Consequently, Sonder is no longer part of Marriott Bonvoy, affecting bookings on Marriott channels. Marriott prioritizes support for affected guests and aims for a net rooms growth of 4.5% in 2025. Other outlook metrics remain unchanged as of November 4, 2025.

🏨 Barons Eden acquired Orsett Hall Hotel, Restaurant, and Spa in Essex for an undisclosed amount. The Georgian-style hotel spans 12 acres and includes 57 en-suite bedrooms, a chapel, event spaces, and a spa. Located near Grays, it can host up to 1,000 guests and is 40 minutes from London. This marks Barons Eden’s second purchase post-investment from Alchemy Partners. Previously owned by the Barton-Wright family since 1993, Orsett Hall is a prime venue for weddings and events.

💰 Pandox AB completed a €1.7bn (£1.46bn) acquisition of Dalata Hotel Group, adding 31 hotels in the UK and Ireland. Scandic Hotels Group is set to acquire 56 hotel operations for €500m (£439m) in 2026. The deal, financed by DNB Carnegie and credit lines, includes 6,626 rooms in major cities like Dublin and London. The transaction value will reach €1.2bn (£1.05bn), with Pandox's portfolio rising to SEK 93bn (£7.4bn). Expected annual rental income increase: SEK 1.2bn (£960m).

🏠 THB 2.5 billion (USD 77 million) project by Proud Real Estate and IHG Hotels & Resorts is underway on Phuket's west coast, known for privacy and luxury. The Residences at InterContinental Phuket Resort offer 111 exclusive homes, ranging from THB 15 million. The design emphasizes eco-friendliness, with features like solar energy and grey-water recycling. According to C9 Hotelworks, Thailand leads Asia in branded-residence supply, with Phuket contributing 3,201 units across 24 projects.

🏨 Dalata Hotel Group shareholders approved the €1.4 billion acquisition offer from Sweden’s Pandox AB and Norway’s Eiendomsspar AS. This transaction is one of Ireland’s largest recent deals in the hotel sector. The acquisition is now pending approval by the Irish High Court.

💰 Pandox AB completed a €1.7 billion acquisition of Dalata Hotel Group on November 7, 2025, integrating 53 properties across the UK and Ireland. Expected annual rental income boost: SEK 1.2 billion; cash earnings: SEK 450 million. Post-divestment to Scandic in 2025, transaction value: €1.2 billion. Scandic to acquire the hotel business in H2 2026 for €500 million. Dalata manages 56 hotels with 12,219 rooms, aiming for 21,000 rooms by 2030. Shareholders approved the deal, valuing Dalata at €1.4 billion.