Mergers & Acquisitions

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121-room Delta Hotels by Marriott Swansea brought to market

🏨 The 121-bedroom Delta Hotels by Marriott Swansea is up for sale individually for the first time following a major investment program and a 2025 franchise agreement. Located in the Maritime Quarter, it includes a restaurant, bar, café, leisure club, and meeting facilities. Refurbishment completed in 2023, transitioning from managed to franchise in May 2025. Market demand is boosted by regional commercial and educational growth. Christie and Co manages the sale on a long leasehold basis.
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Hyatt Completes $2.0 Billion Sale of Playa’s Owned Real Estate Portfolio to Tortuga

💰 February 27, 2026, Chicago, Illinois. Hyatt Hotels Corporation sold its real estate portfolio to Tortuga Resorts for approximately $2 billion, with potential additional earnings of $143 million. The portfolio includes properties in Mexico, the Dominican Republic, and Jamaica. Hyatt retains $200 million of preferred equity and enters 50-year management agreements for 13 properties. Hurricane Melissa in October 2025 caused damage in Jamaica, closing seven Hyatt properties until late 2026, with financial aid provided to affected employees.
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Meliá’s Upmarket Bet Pays Off in Spain. Cuba Is Another Story

🏨 Meliá Hotels saw a 23.6% increase in net profit, surpassing €200 million in 2025. The company expects 2026 revenue per available room (RevPAR) to grow in the low- to mid-single-digit range. Spain is key, generating approximately 49% of its operating profit. The strategy focuses on higher rates and a premium brand mix, with partnerships over real estate investments. The company's performance in Cuba demonstrates sensitivity to external shocks.
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Keswick’s Highfield Hotel sold to local investor for £1.8m

💸 The Highfield Hotel and Restaurant in Keswick has been acquired by a local investor for £1.8 million. The 18-bedroom property, located on The Heads, was sold on behalf of Caroline Speck and the estate of the late Howard Speck. The new owner plans a major refurbishment, expected to take six months. Originally acquired by the Speck family in 2004, they are divesting to focus on other ventures. The sale was managed by Haydn Spedding from Colliers Manchester.
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Prism Acquires 10 Sonder Properties to Bring Belvilla Brand to U.S.: Exclusive

🏠 Belvilla, a European vacation rental company owned by Prism, has expanded into the U.S. by acquiring leases for 10 properties during Sonder's bankruptcy proceedings. Three properties are operational: The Dutch and Court Square in Long Island City, Queens, New York, and The Louie Hotel in New Orleans. These operate under Belvilla’s upscale brand, Belvilla District 6. U.S. bookings aren't on Belvilla's site yet but are available on Oyo's platform with "Belvilla District 6" rebranding.
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  • 2 min

JLL Arranges Sale of The Westin Savannah Harbor Golf Resort & Spa

🏠 JLL's Hotels & Hospitality Group announced the sale of The Westin Savannah Harbor Golf Resort & Spa in Savannah, Georgia, to Hersha Hotels and Resorts. The resort features 403 guestrooms, over 51,800 square feet of meeting venues, and various amenities including an 18-hole golf course. Savannah benefits from economic growth with the opening of Hyundai's $7.6 billion Metaplant in March 2025, creating 14,000 jobs. The sale marks JLL's third transaction of the asset in 10 years.
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Mannings Hotel & Apartments in Cornwall brought to market for £3m

🏨 Mannings Hotel and Apartments in Truro, Cornwall, is on the market for £3 million. Established in a Grade II listed Georgian townhouse, it features 34 rooms and a 70-cover restaurant with an AA Rosette. Since 1993, the owner expanded it in 2003 by adding nine self-catering apartments. The current owner is retiring, and Stephen Champion from Christie and Co is handling the sale. The property offers redevelopment potential within its private gated car park.
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Gencom Affiliate Reacquires Majority Interest in The Ritz-Carlton Coconut Grove in Miami

🏨 February 25, 2026, Miami, Florida: Gencom, a Miami-based firm, reacquires a majority stake in The Ritz-Carlton Coconut Grove, a 115-key hotel initially acquired in 2011. Banco Inbursa financed the transaction. The hotel, opened in 2002 and last renovated in 2018, features 30,000 sq. ft. of meeting space. Miami's Coconut Grove, a thriving district with luxury condos and revitalized Cocowalk, continues to attract residents and businesses. Gencom's Miami holdings affirm its commitment to the city's growth.
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Hersha Hotels acquires Westin Savannah Harbor

🏨 Hersha Hotels and Resorts acquired The Westin Savannah Harbor Golf Resort & Spa in Georgia. The 403-room urban resort is adjacent to the Savannah Convention Center, which expanded in April 2025 for $276 million, doubling its footprint to 660,000 sq. ft. Savannah sees economic growth with Hyundai’s $7.6 billion plant opening in March 2025, adding 14,000 jobs. The resort offers extensive amenities, including an 18-hole golf course and meeting spaces, attracting leisure and corporate travel.
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