Mergers & Acquisitions

📈 Marriott International raised its full-year RevPAR growth expectation to 3%-3.5% after Q2's performance. The company reported $7.07 billion in revenue and $766 million in net income. Global RevPAR rose 3.4%, with a 5% increase in the U.S. and Canada but a 43% decline in the Middle East. Marriott added 17,900 net rooms, reaching over 10,000 properties. It returned $2.6 billion to shareholders by July 29, aiming to exceed $4.5 billion for the year.

🏨 Fattal Hotels acquired The Dilly leasehold in central London for £66.5m. The hotel, operated since 2022, features 283 rooms, including 28 suites. It’s undergoing a refurbishment until 2028, remaining operational throughout. Fattal's portfolio includes 320 hotels in 120 locations, with 60 acquisitions in four years. Recent additions include Hotel Saint in London, 12 hotels in the Netherlands, and Cora Resort in Greece. The acquisition supports Fattal’s expansion in Europe, backed by a recent €0.5bn funding round.

🏨 Windermere Park Hotel in Cumbria is on the market for £1.35m. This 17-bedroom bed and breakfast, located in the Lake District, features Victorian architecture, a commercial kitchen, and 18 parking spaces. Highlights include an Oscar Wilde suite. The sale is managed by Graham Wilkinson of Christie and Co. The business benefits from millions of annual visitors to the region. The property offers growth potential in a prime tourism location.

🏨 Savvy Collective has joined the West Cheshire and North Wales Chamber of Commerce as a patron member. Founded by Steven Hesketh in Chester, the company has grown from a single hotel into a diverse portfolio, including The Chester Townhouse and Hotel Wrexham. UK hotel transaction volumes reached £1.6 billion in Q1 2026, with Chester seeing a 2% rise in new licensed venues. The group operates in management, consultancy, education, events, and investment sectors, supporting regional growth and infrastructure.

🏨 CooperWynn Capital secured a $4.875 million cash-out refinancing for My Place Hotel-Midland, TX, benefiting owner Dustin Campbell. The three-story, 64-room hotel, opened in November 2020 and situated in Midland, offers in-room kitchens for extended-stay business travelers. The deal, with a national CMBS lender, provides a five-year fixed-rate, non-recourse debt. The refinancing action enables capital redeployment amidst fluctuating market conditions and an enduring demand driven by the oil and gas sector in the Permian Basin.

🍹 McKeever Hotels plans to invest £600,000 in a new cocktail bar, The Meridian, at Armagh City Hotel, part of a £4m capital investment. Opening early winter, the 120-cover venue will feature local food and drink. Designed by Belfast-based Drinksology, the bar is inspired by Armagh’s historic Meridian Line and will include a tasting room and private dining. This investment follows the hotel’s acquisition over a year ago, aiming to elevate it to a four-star destination.

🏨 University College Birmingham (UCB) has acquired the former Cube Hotel and Marco Pierre White restaurant in Birmingham for £15 million. This investment will transform the top floors of The Cube into a 52-bedroom hotel and restaurant, creating over 150 jobs and providing students with hands-on experience. Additional venues include a new restaurant in Harborne and a café-bar on Summer Row campus. Recruitment is underway for hospitality professionals to lead these new establishments.

🏨 Accor reported a 2.2% rise in revenue per available room in H1 2026, with EBITDA up 6.5% to €563m and recurring cash flow rising 42% to €194m. Despite Middle East conflicts impacting the UAE, RevPAR grew 4.6%. The group opened nearly 14,000 rooms, achieving a 3.2% net unit growth. Their portfolio reached 881,928 rooms in 5,835 hotels, with a development pipeline increase of 11.4%. New rooms generate €1,700 fees annually per room.

🏨 Mumford Company facilitated the sale of Sleep Inn & Suites in Round Rock, Texas, representing Burton Hotel Group. Icon Lodging, a hospitality company in Texas, purchased the property, leveraging its strategic location in Central Texas, near Austin. Ryan Patterson, Ed James, and Steve Kirby led the transaction. The hotel offers long-term potential due to its proximity to major employers and retail areas. This acquisition enhances Icon Lodging's portfolio in the Texas region.