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

1 min

Lincombe Hall Hotel and Spa Sold for £3.25m to Canadian Investor Khalil Viraney, Highlighting Steady Demand for High-End Regional Assets

🏨 Lincombe Hall Hotel and Spa in Torquay was sold to Canadian businessman Khalil Viraney for £3.25 million. The 44-bedroom, four-star property includes 2.58 acres of gardens, two self-catering apartments, and a 5-bubble rated spa opened in 2019. The spa features a hydrotherapy pool, indoor swimming pool, and ice room. Managed by Savills, the transaction reflects steady demand for high-quality regional assets. Legal advice was provided by Elevate Legal.

1 min

Staverton Park Hotel, l'un des plus grands complexes hôteliers de golf du Royaume-Uni, vendu pour un développement stratégique

🏨 A UK-based family business has acquired the Staverton Park Hotel and Golf Club in Northamptonshire, spanning 150 acres. The property features 247 rooms, an 18-hole golf course, and a leisure center with a 15-meter pool. It was brought to market in September 2024. Managed by Christie and Co, the sale marks the largest full-service golf resort transaction this year. The new owners aim to boost operations through investment, enhancing its appeal to corporate and leisure guests.

1 min

CozySuites Acquires Roami, Expands National Footprint with 20 New Properties in Miami and New Orleans

🏠 CozySuites, founded in 2017, has acquired Roami in late August, adding Miami and New Orleans to its operations in 10 cities, including Dallas and Phoenix. Roami contributes 20 new buildings, retaining its brand and staff. Roami’s founder, Andreas King Geovanis, will advise CozySuites. The acquisition was competitive, indicating Roami's strong brand. The integration will include CozySuites’ sales platform while leveraging Roami’s established guest experience.

2 min

Global Hotel Alliance Expands into Japan with Tokyu Hotels, Adding 40+ Properties to Loyalty Program

🏨 Global Hotel Alliance (GHA) has partnered with Tokyu Hotels & Resorts Co., Ltd. to expand its presence in Japan as part of its Asia strategy. 50 independent hotel brands are in GHA, which operates the GHA DISCOVERY loyalty program with over 34 million members. More than 40 Tokyu Hotels across cities like Tokyo, Osaka, Kyoto, and Okinawa will join. Japan had 42.7M international visitors in 2025, with Tokyo among the top five most visited cities globally.

1 min

Cardiff Travelodge and Toby Carvery brought to market for over £6.25m

🏨 Travelodge and Toby Carvery site in Whitchurch, Cardiff, is on the market for over £6.25m. The 1.8-acre property, located on Ty’n-y-Parc Road, features a 52-room hotel, a 200-capacity restaurant, staff accommodation, and a car park. Christie and Co, managing the sale, highlight its investment potential with stable rental income and future development opportunities, subject to planning permission. Ideal for institutional funds and high net worth buyers.

1 min

Peregrine Groups expands footprint with two NoCal acquisitions

🏨 Peregrine Hospitality acquired two Northern California properties: The Lodge at Tiburon and Toll House Hotel. The Lodge features 104 rooms, 10,000 sq ft of meeting space, and is near San Francisco attractions. Toll House Hotel, with 115 keys and 6,300 sq ft meeting space, was renovated in 2021 and is close to Los Gatos landmarks. Peregrine operates 57 hotels nationwide, targeting high-demand leisure and corporate markets year-round.

1 min

Falmouth’s Penmere Manor Hotel brought to market

🏨 The Penmere Manor Hotel in Falmouth is up for sale at £2 million after 18 years under the Moore family. Built around 1825, the Grade II listed hotel encompasses 37 en suite rooms, a restaurant, bar, function facilities, a leisure club with a pool, gym, and sauna. Christie and Co manage the sale, suggesting growth potential in off-season occupancy and expanded events. Stephen Champion highlights its secluded yet central location, anticipating significant interest.

PPHE secures Park Plaza London Waterloo freehold

💰 PPHE Hotel Group plans to repurchase the freehold interest in Park Plaza London Waterloo. In June 2017, PPHE sold its interest for £161.5m with a 199-year lease and annual rent of £5.6m, now £7.3m. The buyback is set at £147.9m, with £136.5m from new debt. The transaction, expected to close soon, boosts strategic options and shields against rent increases, enhancing PPHE's capital recycling strategy.

1 min

Bowland Inns and Hotels reports £1m loss despite 3% revenue rise

🏨 Bowland Inns and Hotels reported a pre-tax loss of £1.04m for the year ending 31 May 2025. Revenues increased by 3% to £25.4m. Interest payments rose 18%, with one-off costs at £754k, including £329k in pre-opening expenses. Operating profits grew to £1.39m from £1.06m. The acquisition of Wennington Hall boosted turnover. Net assets were £17.28m. A £25m loan with Barclays was secured in October 2025. The focus is on consolidation and profitability amid rising costs.

Middle East Hotel Sector Faces Crisis: 532,000 Rooms Impacted by Plummeting Visitor Numbers and Cancellations

📍 Saudi Arabia and Abu Dhabi have launched ambitious hotel investment programs, engaging major international groups like Accor, which operates about 290 hotels in the Middle East, including 85 in the UAE and 50 in Saudi Arabia. Accor's Middle East operations contribute 5% to its total fees. Amid regional tensions, the Fairmont The Palm in Dubai was affected by Iranian fire, causing minor injuries. Visitor numbers to the region are expected to drop, with many cancellations across 3,400 hotels.

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