Mergers & Acquisitions - 10 Minutes News for Hoteliers - Page 19

1 min

CozySuites Acquires Roami, Expands National Footprint with 20 New Properties in Miami and New Orleans

🏠 CozySuites, founded in 2017, has acquired Roami in late August, adding Miami and New Orleans to its operations in 10 cities, including Dallas and Phoenix. Roami contributes 20 new buildings, retaining its brand and staff. Roami’s founder, Andreas King Geovanis, will advise CozySuites. The acquisition was competitive, indicating Roami's strong brand. The integration will include CozySuites’ sales platform while leveraging Roami’s established guest experience.

2 min

Global Hotel Alliance Expands into Japan with Tokyu Hotels, Adding 40+ Properties to Loyalty Program

🏨 Global Hotel Alliance (GHA) has partnered with Tokyu Hotels & Resorts Co., Ltd. to expand its presence in Japan as part of its Asia strategy. 50 independent hotel brands are in GHA, which operates the GHA DISCOVERY loyalty program with over 34 million members. More than 40 Tokyu Hotels across cities like Tokyo, Osaka, Kyoto, and Okinawa will join. Japan had 42.7M international visitors in 2025, with Tokyo among the top five most visited cities globally.

2 min

Peregrine Hospitality Acquires The Lodge at Tiburon and Toll House Hotel to Expand in Northern

🏨 Peregrine Hospitality has acquired The Lodge at Tiburon and Toll House Hotel in Northern California. The Lodge at Tiburon, with 104 guestrooms and 10,000 sq ft of meeting space, is located 30 miles from San Francisco International Airport. Toll House Hotel, a 115-key property, offers 6,300 sq ft of meeting space and was renovated in 2021. It’s 12 miles from San Jose Airport. Both hotels are in high-demand markets, attracting leisure and corporate travelers.

1 min

Newmark Secures $172.5 Million Loan for The Ben, Boosting West Palm Beach Hotel Market with 11% RevPAR Growth

💰 Newmark secured a $172.5 million loan for Related Ross to acquire The Ben, Autograph Collection, a 208-room luxury hotel in West Palm Beach, Florida. The loan was arranged by Jordan Roeschlaub and team from Nomura. The Ben, the city's only waterfront hotel, offers 18,475 sq. ft. of event space and a rooftop venue. By July 2025, RevPAR in West Palm Beach grew over 11% year-over-year, with a projected 6% increase by the end of 2025.

1 min

Cardiff Travelodge and Toby Carvery brought to market for over £6.25m

🏨 Travelodge and Toby Carvery site in Whitchurch, Cardiff, is on the market for over £6.25m. The 1.8-acre property, located on Ty’n-y-Parc Road, features a 52-room hotel, a 200-capacity restaurant, staff accommodation, and a car park. Christie and Co, managing the sale, highlight its investment potential with stable rental income and future development opportunities, subject to planning permission. Ideal for institutional funds and high net worth buyers.

1 min

Peregrine Groups expands footprint with two NoCal acquisitions

🏨 Peregrine Hospitality acquired two Northern California properties: The Lodge at Tiburon and Toll House Hotel. The Lodge features 104 rooms, 10,000 sq ft of meeting space, and is near San Francisco attractions. Toll House Hotel, with 115 keys and 6,300 sq ft meeting space, was renovated in 2021 and is close to Los Gatos landmarks. Peregrine operates 57 hotels nationwide, targeting high-demand leisure and corporate markets year-round.

JLL Arranges Refinancing for Ambiente

🏨 February 2023, Sedona, Arizona - JLL's Hotels & Hospitality Group secured a $37 million non-recourse refinancing for Ambiente, a 40-room luxury landscape hotel. Ambiente features 40 glass guest atriums and offers access to Sedona's natural attractions. The refinancing aims to support continued operations and growth. Jennifer May from Two Sister Bosses praised JLL's expertise. The JLL team included Adrienne Andrews and Jessica Mehra, who highlighted the asset's value in the luxury market.

1 min

Falmouth’s Penmere Manor Hotel brought to market

🏨 The Penmere Manor Hotel in Falmouth is up for sale at £2 million after 18 years under the Moore family. Built around 1825, the Grade II listed hotel encompasses 37 en suite rooms, a restaurant, bar, function facilities, a leisure club with a pool, gym, and sauna. Christie and Co manage the sale, suggesting growth potential in off-season occupancy and expanded events. Stephen Champion highlights its secluded yet central location, anticipating significant interest.

1 min

PPHE secures Park Plaza London Waterloo freehold

💰 PPHE Hotel Group plans to repurchase the freehold interest in Park Plaza London Waterloo. In June 2017, PPHE sold its interest for £161.5m with a 199-year lease and annual rent of £5.6m, now £7.3m. The buyback is set at £147.9m, with £136.5m from new debt. The transaction, expected to close soon, boosts strategic options and shields against rent increases, enhancing PPHE's capital recycling strategy.

1 min

Bowland Inns and Hotels reports £1m loss despite 3% revenue rise

🏨 Bowland Inns and Hotels reported a pre-tax loss of £1.04m for the year ending 31 May 2025. Revenues increased by 3% to £25.4m. Interest payments rose 18%, with one-off costs at £754k, including £329k in pre-opening expenses. Operating profits grew to £1.39m from £1.06m. The acquisition of Wennington Hall boosted turnover. Net assets were £17.28m. A £25m loan with Barclays was secured in October 2025. The focus is on consolidation and profitability amid rising costs.

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