Mergers & Acquisitions

🏖 Jalisco, Mexico, experiences significant hotel investment, with over $1 billion across 38 projects planned by 2028. Costalegre, a 150-mile Pacific coastline in Jalisco, attracts luxury brands despite its remote location and limited infrastructure. Key developments include Four Seasons Resort Tamarindo (opened 2022) and upcoming projects like Six Senses Xala and Chablé El Tezcalame, both slated for 2027. Costalegre's low-density approach values scarcity, long-term asset appreciation, and environmental conservation, contrasting with Guadalajara's rapid hotel growth.

🏨 Marcus & Millichap announced the sale of the 107-room Best Western Swiss Clock Inn in Pecos, Texas. Sold by Catering of Central Texas, LLC, the buyer is a private investor group with West Texas assets. The property includes an Alpine Lodge restaurant, Ol’ Barry’s Tavern, and a 33-room housing community. Amenities feature an outdoor pool and business centers. This marks the Miller-Gomes Hotel Team’s 34th Permian Basin transaction since 2010.

🏨 The 121-bedroom Delta Hotels by Marriott Swansea is up for sale individually for the first time following a major investment program and a 2025 franchise agreement. Located in the Maritime Quarter, it includes a restaurant, bar, café, leisure club, and meeting facilities. Refurbishment completed in 2023, transitioning from managed to franchise in May 2025. Market demand is boosted by regional commercial and educational growth. Christie and Co manages the sale on a long leasehold basis.

💸 The Highfield Hotel and Restaurant in Keswick has been acquired by a local investor for £1.8 million. The 18-bedroom property, located on The Heads, was sold on behalf of Caroline Speck and the estate of the late Howard Speck. The new owner plans a major refurbishment, expected to take six months. Originally acquired by the Speck family in 2004, they are divesting to focus on other ventures. The sale was managed by Haydn Spedding from Colliers Manchester.

🏠 JLL's Hotels & Hospitality Group announced the sale of The Westin Savannah Harbor Golf Resort & Spa in Savannah, Georgia, to Hersha Hotels and Resorts. The resort features 403 guestrooms, over 51,800 square feet of meeting venues, and various amenities including an 18-hole golf course. Savannah benefits from economic growth with the opening of Hyundai's $7.6 billion Metaplant in March 2025, creating 14,000 jobs. The sale marks JLL's third transaction of the asset in 10 years.

🏨 Mannings Hotel and Apartments in Truro, Cornwall, is on the market for £3 million. Established in a Grade II listed Georgian townhouse, it features 34 rooms and a 70-cover restaurant with an AA Rosette. Since 1993, the owner expanded it in 2003 by adding nine self-catering apartments. The current owner is retiring, and Stephen Champion from Christie and Co is handling the sale. The property offers redevelopment potential within its private gated car park.