Mergers & Acquisitions

💰 Pandox AB completed a €1.7 billion acquisition of Dalata Hotel Group on November 7, 2025, integrating 53 properties across the UK and Ireland. Expected annual rental income boost: SEK 1.2 billion; cash earnings: SEK 450 million. Post-divestment to Scandic in 2025, transaction value: €1.2 billion. Scandic to acquire the hotel business in H2 2026 for €500 million. Dalata manages 56 hotels with 12,219 rooms, aiming for 21,000 rooms by 2030. Shareholders approved the deal, valuing Dalata at €1.4 billion.

📑 Marcus & Millichap announced the sale of an 85-room Fairfield Inn & Suites hotel in Spring, Texas, on a complex nine-month transaction. Built in 2013, the hotel is located four miles south of The Woodlands, along Interstate 45. The seller was Paramount Spring Group LLC, and the buyer was Prem Hospitality Enterprise. Despite lending, title, and market challenges, the deal was successfully brokered by Rajan Patel and supported by the Miller-Gomes Hotel Team.

🏨 Dorbiere acquired The King Alfred Hotel, Barrow-in-Furness, Cumbria, part of LWC, a leading UK drinks wholesaler. The Victorian Gothic hotel, opened in 1904, features a bar, restaurant, function room, and 10 en-suite bedrooms. Managed by Graham Wilkinson and Marslie McGregor from Christie and Co, the sale price remains undisclosed. New plans involve evolving the food menu and transforming the venue into a community hub, led by General Manager Alan Eddevane.

🏠 UK: CBRE has been appointed by the Westgate Partnership to sell Oxford Castle Quarter for over £30.94 million. Located in Oxford's city center, it includes a 95-room Malmaison hotel and 39,134 sq ft of leisure units, all fully let with a WAULT of 14.8 years. Originally a Royal Castle in 1071, it became a prison from 1785 to 1996, and was converted into a hotel and leisure complex in 2006. CBRE anticipates strong global investor interest.

📈 Hyatt Hotels Corporation reported Q3 2025 results from Chicago: RevPAR increased 0.3% compared to Q3 2024. Net rooms grew 12.1%, with a 7.0% rise excluding acquisitions. Net income recorded a loss of $49 million. Gross fees rose 5.9% to $283 million. Adjusted EBITDA increased 5.6% to $291 million. The pipeline includes 141,000 rooms. Notable openings: Park Hyatt Kuala Lumpur and Johannesburg. Total debt stands at $6.0 billion; liquidity at $2.2 billion. Hyatt plans a $0.15/share dividend for Q4 2025.

🏨 MIAMI, Florida—Kabani Hotel Group sold Southern Oaks Inn St. Augustine, a 124-room property in Florida, for $12,501,000, or about $100,814 per room. Brokered by Lucas Mondino, offers emerged within 30 days due to strategic marketing. Built in 1973 on 5.75 acres, the property received updates like roof replacements. St. Augustine, known for its high ADRs and walkability, remains a strong market.

🏨 Oxford Castle Quarter, housing Malmaison Oxford, is for sale at £30.94 million. CBRE, appointed by Westgate Partnership, is marketing the 95-bedroom hotel and 39,134 sq ft leisure units. The site, tracing back to 1071, was previously a prison until 1996 and reopened as a hotel in 2006. The Oxford hotel market's high entry barriers and eight million annual visitors support revenue growth. Frasers acquired Malmaison for £363 million 10 years ago and plans a group auction.

🏨 Barry Sternlicht, founder of Starwood Hotels & Resorts, renowned for the W Hotels brand and Westin Heavenly Bed, is celebrated as HOTELS magazine's 2025 Corporate Hotelier of the Year. After leading Starwood for a decade and its subsequent sale to Marriott, he's back steering Starwood Hotels 2.0. Sternlicht, a self-made billionaire, began by selling tadpoles. His impact in the hotel industry is profound, blending brand innovation with design excellence.