Mergers & Acquisitions

🏰 Fonab Castle Hotel & Spa, a five-star luxury destination in Pitlochry, Scotland, joined the Elegant Hotel Collection in 2025. Built in 1892, this 42-room establishment is known for its rich history and modern elegance. As part of the Crerar Hotels Group and powered by HotelREZ, it aims to enhance its presence in the UK and USA. The hotel is celebrated for its uniqueness and commitment to authenticity, inclusivity, and sustainability.

💰 Queensgate sold Generator's European operations to Brookfield for €776 million, including 15 assets and 2,749 rooms across Europe. Queensgate retains US properties and Freehand Hotels. Alastair Thomann left Generator in January 2025 to join Brookfield-owned edyn. Morgan Stanley & Co. International plc. advised Queensgate, while Kirkland & Ellis and others advised Brookfield. Queensgate acquired Generator in 2017 for €450 million.

🏨 Atland acquired a 169-room Campanile hotel in Duisburg, Germany, leased to Louvre Hôtel Group for 15 years. This aligns with their European expansion strategy, focusing on recent assets and long-term leases. Atland manages €4.5 billion in assets and acquired Keys REIM to enhance real estate fund management. Épargne Pierre Europe's payout rate rose to 6.75% in 2024. The company aims for over 6% distribution rates and ambitious international growth, particularly in Germany.

🏨 Innzen Hospitality purchased the Hampton Inn & Suites Bridgewater from FSG Bridgewater Hotel LLC on May 6, 2025. Located in Raritan Valley, near New York City, the hotel features 133 guestrooms, a fitness center, pool, and bar. Close to Fortune 500 companies, it provides access to TD Bank Ballpark and Bridgewater Commons. Hunter Hotel Advisors facilitated the sale, emphasizing their expertise in the transaction process.

💰 Brookfield Asset Management acquired Generator Hostels' European portfolio for €776 million, expanding in the hybrid accommodation sector. Generator operates 13 properties with over 2,800 rooms in cities like Berlin, Paris, and Rome. The acquisition follows a broader trend toward hybrid accommodations, with hotel investments in Europe up 62% year-on-year in 2024. Brookfield aims to strengthen its presence, leveraging the demand for flexible, affordable lodging while focusing on future expansion.

💰 Brookfield Asset Management is acquiring Generator’s European arm for €780 million from Queensgate Investments. Excluded are Generator’s U.S. properties and the Freehand Hotels brand. Generator manages 13 European properties, including locations in London and Paris. In 2017, Queensgate bought Generator for €450 million, adding Freehand Hotels in 2019 for $400 million. Hotel investment in Europe surged by 62% in 2024 to €17.4 billion. Brookfield, managing over $1 trillion, raised $25 billion in 2025's first quarter.

🏨 NexGen Hotels acquired the Claridge House Chicago in the Gold Coast Historic District. Rebranding to Tapestry Collection by Hilton is set for summer. The 165-room hotel, close to prominent attractions like Wrigley Field and Navy Pier, features pillow-top beds, Wi-Fi, a spa, fitness center, and 685 square feet of meeting space. Dining options include Cal’s at Claridge House and Sushi by Bou Gold Coast. Chris Patel, president of NexGen Hotels, emphasizes its prime location and upscale amenities.

🏨 The DoubleTree by Hilton Tucson Downtown Convention Center, a 170-room hotel in Tucson, Arizona, received cash-out refinance arranged by Arriba Capital. Developed by Caliber, Rio Nuevo, and the City of Tucson and opened in 2021, it's operated by Highgate under Hilton Worldwide. The refinancing supports ownership, operation, and investment continuity. The hotel, near the Tucson Convention Center, benefits from local events and attractions like the University of Arizona and Tucson Gem and Mineral Show.