Mergers & Acquisitions - 10 Minutes News for Hoteliers - Page 28

Essendi Sees Shareholder Shift as Blackstone and Colony Investment Management Invest, Accor Repositions Strategy

💵 Essendi is restructuring its shareholder base, with a French investor exiting and Blackstone entering, alongside Colony Investment Management. This transition signals a shift in strategy amid rising costs and changing customer behavior. Accor orchestrated the transaction to focus on high-value assets. Blackstone and Colony target asset transformation in European hotels. Essendi aims to optimize its portfolio, reflecting a broader European hospitality shift towards separating asset ownership from strategic management.

2 min

Igloo Hybrid Hostel in Nottingham Listed for Sale with Freehold Price Over £1 Million and Leasehold Options

🏨 The Igloo Hybrid Hostel in Nottingham is up for sale, with a freehold asking price of over £1 million and leasehold options available. It features 23 bedrooms for up to 68 guests, including private and shared rooms, and Japanese-style sleep boxes. Located near Old Market Square, it comprises two connected three-storey properties. Matt Hill from Christie and Co is handling the sale, noting the hostel's unique appeal and growing popularity.

Highline Hospitality Partners Acquires Historic Westin Poinsett Hotel in Greenville, Marks 19th Hotel Acquisition

🏨 Highline Hospitality Partners announced their acquisition of The Westin Poinsett in Greenville, South Carolina, marking their 19th hotel acquisition and third in 2026. Built in 1925, this 11-story hotel has 200 guestrooms, a full-service restaurant, lobby bar, a coffee shop, and nearly 10,000 square feet of meeting space. HEI Hotels & Resorts will manage the hotel. Plans include targeted renovations to improve its competitive position in the Greenville hospitality market.

2 min

JLL Arranges Refinancing for 506-Room Marriott Nashville Tri-Brand Hotel in Downtown Nashville, Tennessee

📍 JLL’s Hotels & Hospitality Group arranged refinancing for the Marriott Nashville Tri-Brand, a 506-room hotel in downtown Nashville, Tennessee. The five-year loan was secured for North Point Hospitality. The hotel, one of two tri-brand hotels in the U.S., opened in January 2019, with a $13 million expansion completed in January 2025. It features three Marriott brands, six dining outlets, 9,016 sq. ft. of meeting space, and 275 parking spaces.

2 min

Cycas Hospitality Merges With Vertiq Capital to Form Vertiq Hospitality Partners, Adding 400 UK and France Rooms

🏨 Cycas Hospitality merged with Vertiq Capital on 31 March 2026, forming Vertiq Hospitality Partners. The company, based in Amsterdam and London, is expanding its European operations by adding 400 rooms in the UK and France in 2026. Managing over 35 hotels with 6,000 rooms across eight countries, including the 161-room Bankside Hotel in London and 237-room 25Hours Hotel Paris Terminus Nord, the merger combines investment and asset management expertise for accelerated growth.

1 min

White Lodging Acquires 353-Room Sheraton Raleigh Hotel, Plans Renovation and Rebranding to Westin by 2027

📍 White Lodging acquired the 353-room Sheraton Raleigh Hotel in downtown Raleigh, North Carolina, and plans a comprehensive renovation to rebrand it as a Westin by early 2027. This is White Lodging's first acquisition in Raleigh. The company manages around 60 hotel properties in 17 markets, including the JW Marriott Charlotte in North Carolina. White Lodging also plans to open Hotel Trinity Austin, Autograph Collection, in Texas later this year.

2 min

Marriott International Enters Joint Venture to Integrate Lefay's Luxury Wellness Brand into Its Portfolio

🏨 Marriott International and the Leali family announced a joint venture to integrate the luxury wellness brand Lefay into Marriott's portfolio. Founded in Italy in 2006, Lefay has two resorts and three developments in Tuscany, Southern Italy, and the Swiss Alps. The brand focuses on eco-resorts with wellness programs. This partnership aims to expand Lefay globally, enhancing Marriott's luxury offerings with wellness-focused experiences. The deal awaits customary approvals.

1 min

The Boars Head and Birchwood House in North Yorkshire Listed for Sale at £1.95 Million

🏨 The Boars Head and Birchwood House in North Yorkshire are for sale at £1.95 million. This 23-bedroom hotel, part of the Ripley Castle Estate, includes two Grade II listed buildings, a 54-cover restaurant, a bar, and a beer garden. The estate, owned by the Ingilby family since the 14th Century, is being sold as they retire. Located off the A61, it offers access to Harrogate and Ripon, presenting a unique investment opportunity.

Janice Stitzer Opens Front Country Micro-Resort in Colorado Rockies, Achieving $2.3M Appraisal with $300K Investment.

🏖 Janice Stitzer, north of Denver, Colorado, purchased 12 acres for $111,000, sold five acres for $70,000, and built a property for $350,000, appraised at $600,000. She earns $20,000/year with zero investment. She planned a one-acre, seven-cabin development, costing $300,000. Financed via loan-to-value, she sought a $2.3M appraisal, which came back at $2.7M. The new Front Country Micro-Resort is now open.

2 min

JLL Arranges Refinancing for 506-Room Marriott Nashville Tri-Brand Hotel with Five-Year Loan for North Point Hospitality

🏨 JLL’s Hotels & Hospitality Group arranged a refinancing for the 506-room Marriott Nashville Tri-Brand. This downtown Nashville hotel combines AC Nashville Downtown, Residence Inn, and SpringHill Suites, featuring 209, 172, and 125 rooms, respectively. Opened in January 2019, it includes six dining outlets, meeting spaces, and a pool deck. Located near Music City Center, which generated $4.4 billion in economic impact since 2013, the hotel underwent a $13 million expansion in January 2025, adding 36 rooms.

Input your search keywords and press Enter.