Mergers & Acquisitions

🏨 Global Hotel Alliance (GHA) saw a 24% revenue increase in Q1 2026, reaching $921 million. Room revenue hit $738 million, up 27%. Cross-brand revenue rose 40% to $135 million. GHA DISCOVERY membership grew 36% to 35 million. Top feeder markets, including the U.S. and U.K., generated $202 million. Thailand, Spain, Singapore, and Italy led in member stay revenue. The UAE showed strong performance early on but softened in March. International stays made up 69% of revenue.

📅 Chicago, April 2026: Hyatt Regency Chicago completed a multi-year renovation of its 2,032 rooms and suites, enhancing event and public spaces since 2013. The $368 million project included a $168 million lobby update and culminated with a $200 million transformation of all guest and meeting areas. The Grand Ballroom, now 24,000 square feet, features customizable LED panels and digital enhancements. General Manager Mark Wagner highlighted the renovations' aim to meet modern networking and business needs.

💵 On April 2026 in Los Angeles, Sonnenblick-Eichner Company arranged a $24 million loan to refinance Cedarbrook Lodge in Seattle, Washington. This 167-room hotel, located near Seattle-Tacoma International Airport, offers 17,000 sq ft of meeting space, a 1,600 sq ft fitness center, and a 3,000 sq ft spa. The loan is a five-year, non-recourse, floating-rate debt funded by a private real estate debt fund, replacing a long-term fixed-rate loan.

💸 December 2023, UK: Veeve and UnderTheDoormat merged to expand holiday rental portfolios. September 2025: UnderTheDoormat raised $7M for tech growth and expansion in the Middle East and North America. Veeve acquired 200 homes in London and Paris from Onefinestay. Meanwhile, Onefinestay focuses on Southern Europe, the Caribbean, and the US, with Accor and Exclusive Resorts leading management. The new entity, Exclusive Collective, includes Exclusive Resorts, Inspirato, and Onefinestay.

💰 Peachtree Group has acquired over $330 million in loans year-to-date 2026, up from $570 million in 2025. This acquisition is from U.S. banks and private lenders aiming to reduce exposure and improve liquidity. Many deals are backed by commercial real estate assets. Greg Friedman, CEO, highlights Peachtree's ability to capitalize on market shifts as banks de-risk. Peachtree's funds are strategically arranged to manage investments' length, reducing cash flow risks amidst market instability.