Mergers & Acquisitions

🏨 The Lysses House Hotel in Fareham, Hampshire, sold for £1.5m to a local investor, marking its first ownership change in 40 years. The Georgian hotel features 21 en-suite rooms, a restaurant for 60, and a terrace for 30. Colin Mercer, owner since 1986, has retired, with the new owner planning to expand their hospitality portfolio. Christie and Co managed the sale, overseen by Ed Bellfield. The hotel is conveniently located near Southampton and Portsmouth.

📈 Marriott aims to close a $1.55 billion group revenue gap in the U.S. and Canada by 2027. This initiative was highlighted in a slide presentation shown to hotel teams this month, with incentives offered to achieve the December 31 target. Similar messages were reported by Marriott employees in other regions over the past two weeks. The push is part of Marriott's strategic efforts to boost group sales.

🏨 Burley Manor House, a 41-bedroom hotel in Hampshire, is on the market for £8.5 million. Situated in the New Forest National Park, it features a banqueting suite, heated pool, and planning permission for expansion. The property benefits from year-round bookings, driven by 15 million annual visitor days to the park. Managed by Knight Frank and Simon Stevens and Associates, it offers potential investment opportunities due to its profitable operations and limited local competition.

📋 Kaya Hotels & Resorts purchased the five-star ME Barcelona from Actual Capital for €100 million. The hotel opened in 2021 near Passeig de Gràcia, offering 164 rooms, a restaurant, two bars, and eight meeting rooms. Kaya plans to rebrand it as Kaya Palazzo Barcelona in 2028. This acquisition expands their portfolio of 14 hotels across Turkey and Northern Cyprus and follows the £20 million purchase of the Kaya Great Northern Hotel in London's King’s Cross.

💸 In August 2026, JLL Capital Markets arranged the $13.5 million sale of the 96-room Residence Inn Boston North Shore/Danvers in Danvers, MA, to Torrington, with plans for an 88-unit apartment conversion. Built in 1989, the property offers access to Boston and Logan International Airport. The site has zoning approval for conversion, addressing housing constraints in the area. JLL's team secured financing, and the property retains hotel operation flexibility.

🏨 JLL Capital Markets secured acquisition financing for the Hyatt Regency Savannah, a 351-room hotel, in Savannah's Historic District. The borrower, a joint venture of Certares Real Estate Management and Clearview Hotel Capital, obtained a floating-rate loan from Goldman Sachs Alternatives. The hotel, opened in 1981, features 31 suites, 40,564 sq. ft. of event space, and a 300-space parking facility. Certares and Clearview's expertise was highlighted in securing this deal.

🍺 Brakspear, a pub operator based in Henley, reported a 16% increase in turnover, reaching £47.9m for 2025. EBITDA grew by 6% to £11.4m. The company invested £6.5m, a 20% increase from 2024, and acquired two pubs in Cirencester and Moreton-in-Marsh, adding 95 rooms. Honeycomb Houses saw a 23% turnover rise. New banking facilities of £25m were established for expansion. Cash reserves ended at £7.6m.

💸 PPHE Hotel Group reported a 6.3% increase in EBITDA to £48.4m for H1 2026, with RevPAR rising by 3.9% to £113.50. Average room rates grew by 4.2% to £157.30. The group acquired Park Plaza London Waterloo for £147.9m, funded by a £136.5m loan. A €27.6m refinancing agreement for art’otel Rome was secured, and a New York site sold for $33.5m. EBITDA margin improved by 40 basis points to 23.1%.