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Mergers & Acquisitions

767 posts

[[ 7 ]]

Costa Rica’s Tabacón Thermal Resort sells for $111M

  • HOTELSMag.com
  • 17 July 2025
🏨 JLL’s Hotels & Hospitality Group announced the $111-million sale of Tabacón Thermal Resort & Spa, a 570-acre luxury property in La Fortuna, Costa Rica, to Pursuit Attractions and Hospitality, Inc. The resort offers 105 rooms, the largest network of thermal springs, and a recently opened Choyin Rio Termal. Located at Arenal volcano's base, it features rooms from 376 to 2,530 square feet. JLL has completed $83 billion in global transactions over five years.
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Las Vegas Sands Singapore breaks ground

  • Denis Stackeusky
  • 17 July 2025
🏢 Las Vegas Sands has started construction on an $8 billion ultra-luxury resort in Singapore. Attending the event were Singapore’s Prime Minister, Finance Minister Lawrence Wong, and Dr. Miriam Adelson. The project includes a 570-suite hotel, 15,000-seat arena, and 200,000 square feet of meeting space, with design by Moshe Safdie. The resort, expected to elevate luxury tourism in Singapore, features a 76,000-square-foot Skyloop, and sustainability elements like self-shading façades and recycled materials.
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  • 2 min

TravCorp Holdings brings a specialist…

  • Travel Weekly Group Ltd
  • 17 July 2025
🌎 TravCorp Holdings Ltd has acquired Specialist Holidays Group from Travelopia, adding Citalia, American Holidays, and Sovereign Luxury Travel to its portfolio. Led by Helen Adamson, who remains as Managing Director, this acquisition is backed by BGF and aims to enhance TravCorp's growth strategy under CEO Andy Freeth and Chair Andrew Botterill. The acquisition strengthens TravCorp's reputation for customer-centered service and destination knowledge.
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  • 2 min

JLL Secures Sale of Grand Eastonian Hotel & Suites

  • LODGING Staff
  • 16 July 2025
💰 JLL’s Hotels & Hospitality Group announced a $5.6 million sale of the Grand Eastonian Hotel & Suites in Easton, Pennsylvania. The 50-room hotel was sold by Nature Nurture Foundation, a nonprofit, to CanalHouse Hospitality Enterprises LLC. Originally opened in 1927 and renovated post-2000, the hotel features a heated indoor saltwater pool, fitness center, and meeting space. Located near Lafayette College and Crayola Experience, it's positioned for growth in Easton's revitalized downtown area.
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Pandox and partner to acquire Ireland’s largest hotel group

  • David Eisen
  • 15 July 2025
💰 Dalata Hotel Group's board has approved a €1.4 billion sale to Pandox AB and Eiendomsspar AS, with the deal expected to close in Q4 2025. Dalata, operating 56 hotels across Ireland and the UK, will see a €6.45 per share offer, a 12% premium. Pandox will hold 91.5% ownership, with Eiendomsspar owning 8.5%. Dalata's 2024 revenue was €652 million, up 7.3%. This acquisition strengthens Pandox's Northern European presence.
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  • 1 min

BWH Hotels’ Soft Brands Empower Independent Hotels with Global Strength 

  • Best Western Hotels 38 Resorts
  • 15 July 2025
🏨 BWH Hotels, with 18 brands, is expanding its portfolio by nearly 100 new hotels in 2025. Their soft brands, including SureStay Collection, BW Premier Collection, and WorldHotels brands, support independent hoteliers by combining individuality with global network benefits. Brad LeBlanc, SVP and Chief Development Officer, emphasizes providing tools for global competition. BWH Hotels offers loyalty, marketing, and revenue management support, empowering hotel owners while maintaining unique property character.
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HREC Arranges Sale of Homewood Suites by Hilton Tampa-Brandon

  • LODGING Staff
  • 15 July 2025
💰 HREC Investment Advisors arranged the sale of Homewood Suites Tampa Brandon, a 126-guestroom hotel in Tampa, Florida, to an institutional buyer. The deal was managed by Scott Stephens, Niven Patel, and Wendy Blissett. The hotel, located ten minutes from downtown Tampa, is near attractions like Busch Gardens and the Florida Aquarium. Despite economic concerns, the sale indicates confidence in Tampa Bay's hospitality market, highlighting its resilience and long-term potential.
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Hunter Hotel Advisors Brokers Sale of Residence Inn Detroit Novi

  • LODGING Staff
  • 11 July 2025
🏨 Spark GHC purchased the 107-key Residence Inn Detroit Novi from an institutional seller on June 26, 2025, in a transaction facilitated by Spencer Davidson of Hunter Hotel Advisors. Located in Novi, Michigan, near retail attractions and major corporate headquarters like Ford, Stellantis, and GM, this hotel acquisition aligns with Spark GHC's strategy to expand in robust submarkets. The hotel features a fitness center, business center, and indoor pool.
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PMZ Realty Capital Arranges Loan for Hampton Inn Marysville

  • LODGING Staff
  • 11 July 2025
🏨 PMZ Realty Capital LLC secured a $5.3 million loan for the Hampton Inn Marysville in Ohio. The loan supports property acquisition and improvement plans over a five-year term with interest-only payments. The Canadian investor’s first U.S. hotel investment aims to enhance guest experience. The 83-room hotel features amenities including a pool and meeting rooms, and is situated near Downtown Columbus and major corporations like Honda and Scotts Miracle-Gro.
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  • 2 min

Barceló Hotel Group expands into France with Evergreen Laurel Hotel acquisition

  • k.fytaki1
  • 10 July 2025
🏨 Barceló Hotel Group acquired a 338-room hotel in Levallois-Perret, near Paris, for €70 million. This strategic acquisition marks Barceló's entry into the French market. The hotel, now part of the upscale Occidental Hotels & Resorts brand, is located in the Front de Seine business district and offers 700 m² of meeting space. This purchase is part of Barceló's broader European expansion, bringing its total to 108 hotels in the continent.
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