Mergers & Acquisitions

🏨 Hotel du Vin St Andrews, located on The Scores in St Andrews, Scotland, plans to host The Open Championship in 2027. 📅 It increased its workforce by 20% to 50 staff over the past year. 💼 The hotel invested £1.4 million in refurbishments, including £300,000 on public areas and £1.1 million on upgrading its bistro, bar, and 42 rooms. 🍷 The hotel is recognized with the Notable Wines Award 2025–26 and holds an AA Rosette for the same period. 🏆

💰 PPHE Hotel Group secured an £88m refinancing deal for Park Plaza Victoria London to restructure long-term funding. Scheduled to complete by 18 December 2025, this five-year facility, arranged by Santander UK and ABN AMRO Bank, replaces Barings' loan maturing in early 2026. It features a floating interest rate, with 90% hedged at 3.9%, compared to the previous 3.42%. The hotel, opened in 2001, is undergoing guest room upgrades in early 2026.

📍 7 Hospitality Management will operate Delta Hotels by Marriott in central Birmingham, UK, adding to its portfolio. The hotel offers contemporary accommodation and event facilities for corporate and leisure guests. Announced before mid-August 2025, this move highlights Birmingham's significance in business and leisure sectors. 7 Hospitality Management, described as brand-agnostic, aims for long-term partnerships with global brands, focusing on performance and guest experiences.

🏨 Moddershall Oaks, celebrating its 25th anniversary, plans a £4 million investment in 2026 for expansion in Staffordshire. The spa and wellness retreat, located on a 72-acre site, has grown from a family-owned business to welcoming over 100,000 guests annually and employing over 140 people. In the past five years, £3 million has been invested in facilities. New Woodland Pods will be introduced, part of long-term plans for further retreat spaces and facility enhancements.

🏨 €250 million refinancing from Aareal Bank in 2025 supports InterGlobe's hotel brand Miiro's expansion. Miiro operates nine hotels across Europe and launched properties in Paris and Barcelona in 2024, followed by London in 2025. Two Vienna hotels, renovated with one opening in November 2025 and another set for early 2026, are part of the strategy to reposition former K+K properties and scale as a boutique lifestyle brand.

💸 Three investment groups—Gencom, Argent Ventures, and Highgate—acquired the InterContinental New York Times Square, a 607-room, 34-story hotel, for $230 million, or approximately $379,000 per room. The sale involved a $190-million loan from Monroe Capital. The hotel, opened in July 2010, features 20,000 square feet of meeting space and plans for renovations. Highgate will manage the hotel under a franchise agreement, and Eastdil Secured facilitated the transaction.

🏨 Sukhi Gidar, CEO of Gold Care Homes, is acquiring the 382-room Delta Hotels by Marriott Heathrow Windsor with an £18.2m loan from OakNorth. Located between Heathrow Airport and Windsor, this hotel caters to corporate and leisure guests with modern amenities, including 19 event rooms for up to 400. The property was recently refurbished, and strong 2025 passenger forecasts at Heathrow Airport are expected to boost demand for accommodations in the area.

🏨 Kimpton Blythswood Square Hotel in Glasgow retained its five-star AA status, scoring 93% in a recent inspection. The hotel, featuring 113 rooms and a renovated penthouse, maintains high culinary standards at Iasg, which sources local ingredients. The spa underwent major refurbishment in 2023, introducing features like a Himalayan salt room. A significant sum upgraded the air conditioning. General Manager Marcello Ventisei and Chef Sean Currie emphasize ongoing investments and commitment to excellence.

🏨 Norwood House, a guest house in Ambleside, Cumbria, was sold for £740k after being owned by Keith and Wendy Morgan since 1996. The 8-bedroom property includes guest facilities and a 2-bedroom apartment. After a 2-year search, business agent Graham Wilkinson from Christie and Co facilitated the sale. Local solicitors, Stuart Bailey and Terri Abbot, managed the legal process. The Morgans are retiring after nearly 30 years of hospitality.