Mergers & Acquisitions - 10 Minutes News for Hoteliers - Page 15

3 min

Marriott International and Lefay Announce Joint Venture to Integrate Luxury Wellness Brand into Marriott Portfolio

🏨 Marriott International and the Leali family, founders of Lefay, announced a joint venture to integrate the luxury wellness brand Lefay into Marriott's portfolio. Founded in Italy in 2006, Lefay specializes in luxury resorts, including two in Lago di Garda and Dolomiti, Italy, with three more under development in Tuscany, Southern Italy, and the Swiss Alps. This collaboration aims to leverage Marriott's global capabilities to expand Lefay's reach, focusing on luxury wellness experiences worldwide.

2 min

Low Wood Bay Completes £500,000 Spa Expansion; Earns Tripadvisor Top 10% and Good Spa Guide Luxury Rating

🏨 A £500,000 investment at Low Wood Bay Resort & Spa in the Lake District has upgraded indoor and outdoor spa facilities, introducing a balcony bridge and additional lounge and treatment spaces. Recognized in the top 10% of Tripadvisor's 2026 Travellers’ Choice Awards and awarded the Good Spa Guide’s 'Five Bubble Luxury' rating, the project involved DV8 Designs and Cubby Construction. This initiative supports the spa’s dedication to luxury relaxation and wellbeing.

PPHE Hotel Group's Acquisition by Fattal Fails as Major Shareholder Euro Plaza Opposes £22 Per Share Offer

💸 Fattal Hotel Group's proposed acquisition of PPHE Hotel Group for £22 per share fell through due to opposition from Euro Plaza Holdings, which owns 33% of PPHE. This was part of a strategic review started in November 2025. PPHE founders Eli Papouchado and Boris Ivesha, controlling 44% of voting rights, were exploring options. A separate proposal emerged on May 31, 2026, but remains under review. The board aims to conclude the process swiftly, with no guarantee of an offer.

1 min

Marcus & Millichap Sells Holiday Inn Express & Suites Danbury for $12.05 Million, Marking Seventh Hotel Sale of 2026

🏨 Marcus & Millichap sold the Holiday Inn Express & Suites in Danbury, Connecticut for $12,050,000. The sale, announced in 2026, was managed by Jerry Swon and John Krueger, marking Swon's seventh hotel sale of the year. Built in 2001 and renovated in 2024, the 50,000-square-foot hotel has 79 units and is situated on 2.5 acres. Key amenities include onsite parking, an outdoor pool, and a fitness center, located near I-84 and Danbury Fair Mall.

Jason Kow Regains Control of Queensgate, Restructures US Portfolio and Launches Dubai-Based Halston Street

📈 Jason Kow gained control of Queensgate from AlTi Tiedemann administrators in July 2025, following the restructuring of their US hospitality portfolio, involving six hotels and 1,176 keys in key US cities. Queensgate manages €3 billion in assets and completed a €800 million sale of European operations to Brookfield, involving 15 properties and 2,749 keys. Kow launched Halston Street in Dubai for global investments. Queensgate aims to invest in income-producing assets across Europe, the US, and the GCC.

Mubadala Capital to Acquire Pierre et Vacances S.A. with €1.90 per Share Offer, Delisting from Paris Exchange

💰 Major shareholders of Pierre et Vacances S.A., holding 58.6%, commit to tendering shares. Public shares need 80% tender by 2026, with a tender offer filing in Q1 2027. Mubadala Capital offers €1.90/share cum dividend and €1.79/share ex dividend, with potential to raise to €2.00. Preferred shares for management are priced at €40,000, while founder Gérard Brémond's shares are €190,000, with an option for €200,000. Delisting from Paris stock exchange requires approval on 30 September.

2 min

Braemar Hotels & Resorts Abandons Sale, Faces $505 Million in Fees to Self-Manage Amid Hotel REIT Surge

22 June 2026

🏨 Braemar Hotels & Resorts is dropping its sale plans to self-manage, incurring $505M in termination fees to Ashford Inc. After selling a 3-hotel portfolio for $437.5M, they net $330M post-debt, necessitating further asset sales. Analysts are split: Baird sees risks in smaller REITs, while Truist highlights strong sector performance. Hotel REITs boast impressive stock gains and favorable RevPAR trends, despite Braemar’s challenges with angry shareholders and potential litigation.

1 min

Peveril of the Peak Hotel in Derbyshire Listed for Sale at £2 Million with 2027 Vacant Possession

📍 46-bedroom Peveril of the Peak hotel in Dovedale, Derbyshire, is for sale with a £2 million freehold. Situated in Thorpe, the property spans 10 acres and includes a detached two-bedroom cottage. It features a reception, lounge, bar, dining room, two function rooms, and 14 partially refurbished staff bedrooms. Managed by Christie and Co's Matt Hill, the site is tenanted until early 2027, when vacant possession will be available.

2 min

Dominus Sells Courtyard by Marriott Oxford City Centre to Millemont Capital Partners in £74M Deal, 2026's Largest Urban Sale Outside London

🏨 Dominus sold the Courtyard by Marriott Oxford City Centre to Millemont Capital Partners for £74 million, marking 2026's largest urban single-asset sale outside London. Dominus acquired the property in 2014, transforming it into a 160-room hotel with occupancy rates above 90% since 2019. Preet Ahluwalia, Dominus CEO, highlighted successful development and 12-year ownership. Millemont's Ashley Shaw noted over £150 million in transactions during the first half of 2026, emphasizing Oxford's strong market.

Salesforce Acquires Finn for $3.6 Billion to Leverage Its Proprietary AI Customer Support Infrastructure

💰 Amex acquired TheFork from TripAdvisor for $700 million, raising questions about its relevance. Yum! sold Pizza Hut for $1.5 billion, aiming to leverage nostalgia despite franchise struggles. Salesforce bought Finn (formerly Intercom) for $3.6 billion to capitalize on its AI infrastructure. In May, the leisure and hospitality sector added 70,000 jobs, significantly surpassing the 12-month average of 14,000, with food services contributing 48,000 jobs, indicating industry growth.

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