Mergers & Acquisitions

🏨 Rebel Hotel Company has acquired management of three lifestyle hotels: Circa 39 Miami Beach, Hotel La Jolla in San Diego, and Coachman Lake Tahoe. In 2026, Circa 39 will undergo a significant repositioning as part of IHG's Vignette Collection. Rebel Hotel plans to enhance food, beverage, and guest experiences at Hotel La Jolla and improve programming and services at Coachman Lake Tahoe. CEO Brian Sparacino emphasizes the potential to elevate operations and market positions.

🏖 Mast Capital and Koch Real Estate Investments acquired The Islands of Islamorada Resort in Florida's Upper Keys, featuring 22 villas and eight hotel suites on seven acres. Villas start at $3.8 million, spanning 4,067 square feet with four bedrooms. The amenities include pools, a marina, and pickleball courts. The joint venture purchased from Frisbie Group, with Berkadia Miami arranging financing. The new owners will relaunch sales with Ocean Sotheby’s International Realty as the exclusive broker.

🏨 Acquired by Amaterra Hospitality Group, Portland's RiverPlace Hotel now managed by CoralTree Hospitality, offers 85 guestrooms with river views on Portland’s south waterfront. The hotel's amenities include over 7,000 sq. ft. of event space, a Pacific Northwest-inspired restaurant, and outdoor spaces. Owners Colleen Nistler, Werner Nistler Jr., and Marcus Breuer aim to revitalize the area and preserve this iconic property. CoralTree sees growth potential in this dynamic urban locale.

🗺 In July 2026, TravelAI, the operating name of UpNext Ventures Inc., acquired the Sonder brand, including its trademarks and over 70 domain names like Sonder.com, through a court-supervised bankruptcy in Canada. The acquisition excludes Sonder’s operational business. The new Sonder.com, launched as a curated guide for urban stays, features accommodations in major cities worldwide. This purchase was approved by the Superior Court of Québec on July 6, 2026.

🏨 Hart Hambleton secures a new refinancing package from The Cumberland Building Society to fund expansion of its hotel and bakery operations in Rutland. Established in 1980, its Hambleton Hall has held a Michelin star since 1982. The bakery, founded in 2008, supplies over 200 wholesale clients and operates eight retail shops. The refinancing replaces previous arrangements, providing a foundation for growth across its hospitality and food sectors, employing staff for local and international clientele.

📈 Hilton Hotels & Resorts remains the top luxury hotel brand with a brand value up 28% to USD 19.2 billion. Hyatt is second, despite a 6% decrease to USD 7.5 billion, while Marriott, third, sees a 23% increase to USD 4.6 billion. Taj Hotels is the strongest brand with a BSI score of 93.5/100 and a brand value up 32% to USD 878 million. Marriott Bonvoy has 271 million members, while Hyatt's loyalty program boasts 63 million members.

🏨 Alpine Realty Capital successfully facilitated the purchase of the DoubleTree by Hilton Hotel Bay City—Riverfront in Bay City, Michigan, located on the Saginaw River. This hotel, a significant part of Michigan's lodging industry for over 20 years, was acquired with Alpine's assistance in negotiations, due diligence, appraisal, and legal coordination. Ed Walsh, Alpine Realty Capital's president, praised the successful transaction and its addition to the buyer's portfolio.

🏨 Safestay sold its Glasgow Charing Cross hotel for £5.1m. The property, acquired in 2019, was sold to an investor with similar hospitality ventures in Glasgow city. This sale, along with previous ones in Edinburgh and Brighton, aims to strengthen Safestay's balance sheet for future growth. Led by Christie and Co, the deal highlights Glasgow's hospitality market appeal. Chairman Larry Lipman emphasized the transaction's role in increasing portfolio flexibility and shareholder value.

💰 Accor will sell its 30.7% stake in Essendi to a Blackstone and Colony IM consortium for up to €975 million. The sale includes €675 million upfront and a potential €300 million earn-out. Hotels will transform to 20-year franchise contracts under Accor brands. This transaction, consistent with Accor's EBITDA trajectory, will finalize in Q4 2026, pending regulatory approvals. Accor plans a €500 million share buyback following the sale.