Mergers & Acquisitions

🏨 Partners Group, Trinity Investments, and another investor acquired the 240-key Hoxton Poblenou hotel in Barcelona's 22@ District from Norlake Hospitality. The purchase is part of Partners Group’s hospitality strategy with a USD $1 billion asset portfolio. This marks their fourth collaboration with Trinity since 2023. The hotel, which opened in spring 2022, features four F&B venues, a rooftop, and over 1,000 square meters of event space, with plans to boost group bookings and F&B offerings.

💵 Newmark has arranged a $51 million loan for Virgin Group to refinance Virgin Hotels Nashville in Nashville, Tennessee. Opened in July 2020, the hotel is located on Music Row near The Gulch, Downtown Nashville, and Vanderbilt University. It features a rooftop bar, speakeasy, restaurant, rooftop pool, fitness center, and over 15,000 square feet of meeting space. This property is a flagship for the Virgin Hotels brand in the U.S.

💰 US hedge fund Corvex Management has acquired a 6.05% stake in Whitbread, equivalent to 10,221,246 shares, and is pushing for a strategic review of the company's direction and capital allocation. This comes amidst Whitbread's five-year £3.5 billion investment plan. Corvex argues that Whitbread's current share price undervalues its assets. They seek board representation to collaborate on strategy. Whitbread, owner of Premier Inn, has yet to respond publicly.

🏨 Hotel du Vin St Andrews, located on The Scores in St Andrews, Scotland, plans to host The Open Championship in 2027. 📅 It increased its workforce by 20% to 50 staff over the past year. 💼 The hotel invested £1.4 million in refurbishments, including £300,000 on public areas and £1.1 million on upgrading its bistro, bar, and 42 rooms. 🍷 The hotel is recognized with the Notable Wines Award 2025–26 and holds an AA Rosette for the same period. 🏆

💰 PPHE Hotel Group secured an £88m refinancing deal for Park Plaza Victoria London to restructure long-term funding. Scheduled to complete by 18 December 2025, this five-year facility, arranged by Santander UK and ABN AMRO Bank, replaces Barings' loan maturing in early 2026. It features a floating interest rate, with 90% hedged at 3.9%, compared to the previous 3.42%. The hotel, opened in 2001, is undergoing guest room upgrades in early 2026.

📊 JLL's Hotels & Hospitality Group completed the sale of a two-property, 184-room hotel portfolio in Salisbury, North Carolina. BPR Properties sold the Courtyard by Marriott Salisbury (94 rooms, renovated) and Holiday Inn Express & Suites Salisbury (90 rooms). Both four-story hotels lie along Interstate 85. Combined, they offer 1,950 sq. ft. of meeting space, fitness centers, pools, and more. Salisbury, in the Charlotte Metropolitan Area, boasts strong demand drivers like healthcare and education.

🏖 Driftwood Capital announced the topping off of the $420M Westin Cocoa Beach Resort & Spa in Florida's Space Coast, slated for completion in Q3 2027. The 502-key resort, started in September 2024, is 45% done. It will cover 15.7 acres with 72,000 sq ft outdoor space, 51,500 sq ft indoors, and 11 dining venues. Expected to generate $3M in tourist taxes initially, the resort aims to create 1,800 jobs.

📍 7 Hospitality Management will operate Delta Hotels by Marriott in central Birmingham, UK, adding to its portfolio. The hotel offers contemporary accommodation and event facilities for corporate and leisure guests. Announced before mid-August 2025, this move highlights Birmingham's significance in business and leisure sectors. 7 Hospitality Management, described as brand-agnostic, aims for long-term partnerships with global brands, focusing on performance and guest experiences.

🏨 Moddershall Oaks, celebrating its 25th anniversary, plans a £4 million investment in 2026 for expansion in Staffordshire. The spa and wellness retreat, located on a 72-acre site, has grown from a family-owned business to welcoming over 100,000 guests annually and employing over 140 people. In the past five years, £3 million has been invested in facilities. New Woodland Pods will be introduced, part of long-term plans for further retreat spaces and facility enhancements.

🏨 JLL Capital Markets arranged refinancing for Huntington Hotel Group's 350-key hotel portfolio at Liberty Station, San Diego. The package includes a senior loan from BMO Bank N.A. and a mezzanine loan from MetLife Investment Management. The complex features a 200-room Courtyard by Marriott and a 150-room Homewood Suites by Hilton. Located 2.5 miles from San Diego International Airport, the properties include extensive amenities and meeting spaces, benefiting from proximity to corporate and government facilities.