Mergers & Acquisitions

💸 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.

🚢 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.

🏠 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.

🏨 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.

🏨 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.

🏨 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.

🏨 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.

🏨 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.

📈 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.