Mergers & Acquisitions

🏨 JLL secured a $70.85 million, five-year floating-rate construction loan for Plaza Companies and Fayth Hospitality’s Hotel Six Four, Mayo Blvd in Phoenix, Arizona. Expected to open in 2028 beside Mayo Clinic, the 257-room development combines 133 Tapestry Collection by Hilton rooms and 124 Homewood Suites rooms. Amenities include 2,564 square feet of meeting space, a restaurant, cocktail bar, fitness center and outdoor pool, serving business travelers, patients’ families and leisure visitors.

🏨 Waterford Hotel Group added three U.S. hotels totaling 205 rooms to its management portfolio: Courtyard by Marriott Ithaca Airport/University in New York (107 rooms), Le Particulier Miami in Miami Beach, Florida (54), and Wolfeboro Inn in New Hampshire (44). The expansion strengthens its Northeast and Florida presence. Wolfeboro Inn offers over 5,600 square feet of event space; Courtyard provides 676 square feet for up to 50 guests. Waterford was founded in 1986.

🏨 Riu acquired Barcelona’s five-star, 465-room Grand Hyatt from BNP Paribas and Blasson for approximately €300 million (€645,000 per room), planning a Riu Plaza rebrand and management takeover in April 2027. Swiss Life bought two Spanish hotels totalling 399 rooms for €26.25 million; Pierre & Vacances remains operator. Perial acquired the former Village des Rosiers in Saint-Ouen-sur-Seine, France, reopening as the four-star, 130-room Rosamundi in May 2027, operated by Hosense under Drawing Hotels Collection.

🏨 IHG Hotels & Resorts has added Aldar-developed Yas World Resort, formerly Yas Plaza Hotels, on Abu Dhabi’s Yas Island to Vignette Collection as its largest property worldwide. The integrated resort connects six hotels with private Cyan Beach access, six swimming pools, three spas, three kids’ clubs and 21 food and beverage options. Guests share wellness and sports facilities, while IHG One Rewards members can earn and redeem points across all six hotels.

🏨 Waterford Hotel Group added three hotels totaling 205 rooms to its management portfolio: Courtyard by Marriott Ithaca Airport/University in New York (107 rooms), Le Particulier Miami in Miami Beach, Florida (54), and Wolfeboro Inn in New Hampshire (44). The Ithaca property offers 676 square feet of event space for up to 50 guests. Wolfeboro Inn sits on Lake Winnipesaukee, with a private beach, two docks and over 5,600 square feet of event space.

🏨 Accor and Corinthia Group signed a franchise agreement bringing five Verdi hotels—three in Malta, one in Portugal and one in Tunisia—into Handwritten Collection from November 2026. Two additional properties are planned in Hungary and the Czech Republic. Launched in 2024, Verdi will gain Accor’s distribution, marketing and loyalty support while Corinthia remains independent. Handwritten Collection has more than 50 hotels across 22 countries and a pipeline of 58 properties.

🔑 dormakaba will showcase integrated hotel access technology at The Hospitality Show in Miami, November 2–4, 2026, at booth #3017, following its acquisition of Alliants this week. Digital Wallet enables tap-to-unlock room and amenity access, while Staff Key Validator uses multilayer PIN authentication to improve keycard security. The Switzerland-headquartered company employs over 15,000 people, serves more than 130 countries and reported CHF 2.8 billion turnover in fiscal 2025/26.

🏨 IHG has welcomed Yas World Resort, formerly Yas Plaza Hotels, into Vignette Collection on Yas Island, Abu Dhabi. Developed by Aldar, the world’s largest Vignette Collection property unites six hotels with over 1,400 rooms and suites. Guests share access to Cyan Beach, six pools, three spas, three kids’ clubs and 21 dining options. IHG One Rewards members can earn and redeem points across all six hotels.

🏨 RBH Hospitality Management will manage the 212-room Yotel London City for owner Legal & General, its first Yotel-branded property. The hotel is also joining Select by Hilton, gaining access to Hilton’s distribution and loyalty programme. This marks RBH’s third new brand partnership and second London addition this year. Its London portfolio now spans four global brands plus independents. Across the UK, RBH operates more than 50 hotels, supported by over 90 hotel specialists.

🏨 The hotel is being offered for sale on a long leasehold basis. Its location, asking price and lease duration are not specified.