Mergers & Acquisitions

🏨 Kimpton Blythswood Square Hotel in Glasgow retained its five-star AA status, scoring 93% in a recent inspection. The hotel, featuring 113 rooms and a renovated penthouse, maintains high culinary standards at Iasg, which sources local ingredients. The spa underwent major refurbishment in 2023, introducing features like a Himalayan salt room. A significant sum upgraded the air conditioning. General Manager Marcello Ventisei and Chef Sean Currie emphasize ongoing investments and commitment to excellence.

🏨 Norwood House, a guest house in Ambleside, Cumbria, was sold for £740k after being owned by Keith and Wendy Morgan since 1996. The 8-bedroom property includes guest facilities and a 2-bedroom apartment. After a 2-year search, business agent Graham Wilkinson from Christie and Co facilitated the sale. Local solicitors, Stuart Bailey and Terri Abbot, managed the legal process. The Morgans are retiring after nearly 30 years of hospitality.

📈 Noble Investment Group, based in Atlanta, Georgia, has acquired a portfolio of 35 Sonesta Simply Suites with over 4,000 rooms across 19 states and 25 markets, focusing on the Sunbelt region. This acquisition enhances their long-term accommodations platform. Noble has invested in over 100 assets in 62 markets nationwide, deploying over $6 billion in real estate investments. Their strategic approach targets areas with strong demand and operational upside, aiming for stable and long-term growth.

📰 UN Tourism launched "Tourism Doing Business: Investing in Lithuania," highlighting Lithuania's tourism growth potential. The guidelines were presented to Lithuania's Vice-Minister of the Economy and Innovation, Guoda Burokienė, in Madrid. The initiative aligns with the 2025–2027 Action Plan, supporting marketing, education, and investment. Lithuania offers €692.2 million in investment opportunities across 14 projects. The country, actively involved with UN Tourism, will host the "Discover Lithuania" Startup Challenge in Vilnius on January 29, 2026.

🏠 €75 million investment by Cheyne Strategic Value Credit in 2025 supports Limehome's growth. Over 3,500 units signed, totaling 12,500 units in Europe. Key expansions in Paris, London, Brussels, and more. Iberia added 1,000+ units. Gross Operating Profit exceeds 60%, outperforming market benchmarks. Limehome plans to open 1,000 additional units in 2026, focusing on premium leisure and distressed hotels, supported by a new design standard. Founded in 2018, Limehome operates in 154 cities across 13 countries.

🏨 Ledgestone Hospitality, in December 2025, expanded its management with six Sonesta hotels in Arizona and Nevada, adding 791 rooms to its portfolio. The properties are located in Scottsdale, Chandler, Flagstaff, and two in Tempe, Arizona. This expands Ledgestone's presence in high-demand areas and increases its managed hotels to 52 across the U.S. The management transition is underway to enhance guest experience and optimize performance.

🏨 Edmond de Rothschild Real Estate Investment Management (REIM) has acquired a Travelodge-leased hotel in Stafford, UK, marking its first UK acquisition. Located in the West Midlands, the hotel has 18 years remaining on its lease. This expands REIM's pan-European portfolio, which spans four countries and five sectors, maintaining full occupancy with a weighted average unexpired lease term of about 14 years. Edmond de Rothschild REIM manages €13.6 billion (£11.8 billion) across eight European offices.

🏖️ Harrison Leisure acquired Ardlui Resort on Loch Lomond for over £7 million, adding to its UK portfolio of 11 parks. The acquisition, following Crofthead Holiday Park in January 2025, aims to expand its market presence. Ardlui Resort, in the same family since 1978, includes a 96-pitch park, a 12-bedroom hotel, and a 100-berth marina. The sale was managed by Colliers, with plans for modernisation under Harrison Leisure's ownership.

🏨 a&o Hostels acquired Berlin-based Schulz Hotels in a €500-million growth strategy, including the 1,000-bed Schulz Berlin hotel. Schulz founders Nizar Rokbani, Oskar Kan, and Sascha Gechter join a&o's management. Founded in 2000, a&o operates 30,000 beds across Europe, hosting 2.8 million guests in 2024. In H1 2025, they recorded 1.4 million guests and an occupancy rate of 73%. Proprium Capital Partners and StepStone Group sponsored this acquisition. European Hostels Market is expected to grow at a CAGR of 5.8% from 2025 to 2030.