Mergers & Acquisitions - 10 Minutes News for Hoteliers - Page 47

Gencom Affiliate Reacquires Majority Interest in The Ritz-Carlton Coconut Grove in Miami

25 February 2026

🏨 February 25, 2026, Miami, Florida: Gencom, a Miami-based firm, reacquires a majority stake in The Ritz-Carlton Coconut Grove, a 115-key hotel initially acquired in 2011. Banco Inbursa financed the transaction. The hotel, opened in 2002 and last renovated in 2018, features 30,000 sq. ft. of meeting space. Miami's Coconut Grove, a thriving district with luxury condos and revitalized Cocowalk, continues to attract residents and businesses. Gencom's Miami holdings affirm its commitment to the city's growth.

3 min

Hersha Hotels acquires Westin Savannah Harbor

🏨 Hersha Hotels and Resorts acquired The Westin Savannah Harbor Golf Resort & Spa in Georgia. The 403-room urban resort is adjacent to the Savannah Convention Center, which expanded in April 2025 for $276 million, doubling its footprint to 660,000 sq. ft. Savannah sees economic growth with Hyundai’s $7.6 billion plant opening in March 2025, adding 14,000 jobs. The resort offers extensive amenities, including an 18-hole golf course and meeting spaces, attracting leisure and corporate travel.

Ashford Hospitality Trust Provides Updates on Multiple Hotel Transactions

💰 Ashford Hospitality Trust plans to sell La Posada de Santa Fe Resort & Spa (157 rooms) for $57.5 million and Hilton St. Petersburg Bayfront (333 rooms) for $96 million, with both deals closing in March 2026. It recently sold two Embassy Suites hotels, totaling 300 rooms, for $27 million. These four sales will enhance cash flow by over $2 million annually and save $55.5 million in capital expenditures.

2 min

Isle of Skye hotel brought to market with £1.45m guide price

🏨 Uig Hotel on the Isle of Skye is for sale at £1.45m, managed by Stirling-based Drysdale and Company. The property includes 19 ensuite rooms, a lounge bar for 34, and a 42-seat restaurant. The site spans 2.75 acres with an 11-room hotel building and an 8-room lodge. Renovations included a new kitchen and furnishings in 2023. The hotel, a popular spot for tourists, is closed on Christmas, New Year, and January.

1 min

Two Arora Group hotel developments brought to market for £6m

🏨 Two Arora Group-owned hotel development sites in Birmingham and Glasgow city centers are on the market for a combined price of £6 million. The Birmingham site, priced at £2 million, has planning approval for a 227-bedroom hotel. The Glasgow site is listed for £4 million and includes planning for a 276-bedroom hotel near Glasgow Queen Street station. Acquired in July 2025, these non-core assets offer potential for alternative development.

1 min

The Sleeping Bear in Dorchester brought to market for £2.2m

🏨 The Sleeping Bear Hotel in Dorchester is on the market for £2.2 million, featuring 29 rooms on High West Street in Dorset. This 19th-century hotel offers unique period features and access to the Jurassic Coast, England's only natural World Heritage Site. Buyers may continue with the Sleeping Bear Hotels brand via a franchise or management contract. James Williamson of Graham and Sibbald highlights the opportunity for both seasoned and new property investors.

2 min

For the last fifteen years, the smartest money chased software, but I think we’re about to see smart money shift to hospitality. Here’s why: As AI flattens digital differentiation and tech becomes… | Zach Busekrus | 10 comments

24 February 2026

🏨 Accor announced the expansion of Orient Express, emphasizing experience over software. LVMH became a strategic partner, shifting focus to brand equity through trains, yachts, and historic properties. As AI commoditizes tech, immersive brands gain importance. The move signals a shift toward narrative-rich hospitality experiences. Accor’s strategy is highlighted in a discussion by Ben Wolff, Scott Eddy, and Edwin Kramer on "This Week in Hospitality.

Blackstone Enters Agreement to Acquire Hamilton Island, Australia’s Iconic Resort Destination

24 February 2026

🏖 February 24, 2026, Sydney, Australia: Blackstone announced an agreement to acquire Hamilton Island from the Oatley family. Located in the Whitsundays, Queensland, it spans over 2,800 acres with 5 hotels, 20+ restaurants, and an airport. This acquisition supports Blackstone's investment in leisure and hospitality in the Asia Pacific. Hamilton Island is a major employer and community hub in the region. Blackstone's global portfolio includes investments in Japan, India, and the US.

3 min

Worth the Wait

🏖 Eddie's 2022 real estate investment involved a $2,000,000 property. After a $25,000 legal battle, he purchased it for $800,000 in December 2023 with a $75,000 seller credit. He financed $561,000 at 8.5% interest and $187,000 in construction loans. By July 2024, he renovated five cabins for $280,000. In 2025, with all ten cabins operational, he achieved 95% occupancy, $330,000 revenue, and $100,000 net cash flow. A 2025 refinance valued the property at $2,000,000, yielding $1.2M, and $253,000 back to Eddie.

Hunter Advisors Announces Sale of Two Embassy Suites Hotels in Texas

🏨 Hunter Advisors announced the sale of two Embassy Suites hotels: the 150-suite Embassy Suites by Hilton Austin Arboretum and the 150-suite Embassy Suites by Hilton Houston Near The Galleria. Both built in 1998, these six-story hotels were sold by Ashford Hospitality Trust to a Texas-based investor. The properties offer amenities like meeting spaces, restaurants, pools, and fitness centers. The transaction aligns with regional trends in acquiring institutional-quality hotels with potential for operational improvements.

Input your search keywords and press Enter.