Mergers & Acquisitions

🏌 Strathmore Golf Centre near Alyth, Perthshire seeks a new owner for £1.65m. Owned for 20 years by David Norman and Peter and Simon Howell, it spans 79 hectares and hosted the PGA National Fourball Championship. With lapsed planning consent for a 30-bed lodge and 34 chalets, it's ripe for revival. Featuring 18-hole and 9-hole courses, a driving range, and more, it offers potential for a luxury staycation resort, promising jobs and growth.

🏠 Y Castell, a pub on Castle Square, Caernarfon, is up for sale at £70,000. Built in 1827, 100m from Caernarfon Castle, it was once a post office. It now features a pub-restaurant, 11 bedrooms, and a function room. Potential exists to add 5 bedrooms and a balcony. Owned by Gwyndaf Jones since 2011, he seeks to sell due to health issues. James Dodd of Christie and Co highlights its expansion potential in Caernarfon’s heart.

💰 Arriba Capital has secured a $25 million construction loan for the Arabella Spa in Sedona, Arizona. This new hydrothermal spa will complement the existing Arabella Hotel, offering a wellness experience with saunas, steam rooms, and vitality pools. Arriba Capital's vice president, Tim Valaski, highlights the unique financing challenges for such wellness-focused assets in the U.S. market. The project emphasizes the therapeutic benefits of water, a relatively new concept in U.S. hospitality.

📈 Marcus & Millichap sold Spark by Hilton Birmingham Colonnade, a 122-room hotel in Birmingham, Alabama, for $11 million. The hotel was converted from a Sonesta and will be redeveloped into veteran housing by a nonprofit. The four-story hotel opened as a Spark by Hilton in early 2025 and is located on a 2.25-acre site near major landmarks like The Summit Birmingham and the 9,000-seat Star Amphitheater.

🏘 Riverside Cottage Holidays, located near Frome in Somerset, is up for sale at £2.5 million. The property includes a Grade-II listed 17th-century farmhouse with seven bedrooms and five bathrooms, seven holiday cottages, and an agricultural barn on 15 acres. Owners Stephen and Maria acquired the property in 2020 and are selling to retire. The sale is managed by Christie and Co, highlighting its historic charm, private grounds, and development opportunities.

💵 Sonnenblick-Eichner Company secured $50 million in first mortgage leasehold financing for Hotel Valencia Santana Row, San Jose, California. The non-recourse, fixed-rate, five-year loan is interest-only and priced below 7%, funded by an international bank. Hotel Valencia, part of a 2.5 million square-foot development, features 216 rooms, 11,188 square feet of event space, and amenities. The area sees 13 million visitors yearly. The financing attracted 16 offers from various lenders, highlighting market liquidity.

🏨 Atholl Arms Hotel in Blair Atholl, Perthshire, is on the market with a freehold asking price of £1,650,000. Located near Cairngorms National Park, this 19th-century hotel features 31 en suite bedrooms and several function facilities. Owned by Heather Reeves for 25 years, she is selling to focus on other ventures. Close to Blair Atholl train station and the A9, it's a popular stop for tourists visiting nearby attractions like Blair Castle and the House of Bruar.

🏠 PM Hospitality Limited, a South West luxury event venue firm, acquired The Mount Somerset for an undisclosed sum. Originally built between 1805 and 1815 as Henlade House, it operated as a hotel in the 21st century and underwent significant renovations post-2021. Directors Andrew and Aimee Carveth plan further restorations and will restore its original name. The property joins their portfolio, including Coombe Lodge, Rockbeare Manor, and Priston Mill, enhancing their offerings for weddings and corporate events.

📰 Europe’s leading B2B travel tech publication, Travolution, acquired by Travelsoft through Eventiz, its subsidiary. Celebrating 20 years next month, Travolution joins Eventiz to form Travelsoft's Media & Events division. This follows Eventiz's 2024 acquisition. The deal aims to leverage synergies in journalism and events. Travelsoft's broad infrastructure includes Orchestra, Atcore, Travel Compositor, and TravelgateX. Christian Sabbagh, Travelsoft CEO, emphasizes the integration aligns with their strategy of uniting technology, content, and community.