Mergers & Acquisitions

🏡 Grand Metropolitan Hotels acquires Voile d’Or Hotels and Resorts, gaining Brand and IP rights, and management contracts. Voile d’Or, a 100-year-old luxury brand, operates in six locations: London, Paris, New York, Saint Jean Cap Ferrat, St. Barths, and Courchevel. The acquisition expands Grand Metropolitan's luxury offerings, with future plans for the Maldives, Dubai, and Lisbon. Hotel La Voile d’Or in Saint Jean Cap Ferrat is set to reopen in 2029, honoring its 1925 origins. Jacques Oudinot is the new CEO of Voile d’Or, alongside Board Director Edouard Deschepper. The purchase price is undisclosed.

🏠 The Vanguard Hotel in Ann Arbor, Mich., now open, boasts 188 rooms, including 24 one-bedroom suites and 10 double-king suites, some with private patios. Offering amenities like Dyson hairdryers, Le Labo products, and in-room espresso machines, it caters to university visitors, alumni, and business travelers. Development overcame high market entry barriers. Features French-inspired brasserie La Serre, 11,062 square feet of meeting space, and is part of the Marriott Bonvoy’s Autograph Collection of 330+ hotels.

🏨 Citybox Hotels signed to operate a 240-room hotel in Kastrup, Copenhagen, in partnership with CapMan. The Best Western Plus Copenhagen Airport will be renovated and rebranded to open as a Citybox hotel in 2026. The hotel is one metro stop from the airport with direct city centre access. This deal follows CapMan's acquisition of a 28-hotel Nordic portfolio. Citybox has a long-term management agreement with CapMan for the Copenhagen property.

🎭 Compagnie des Alpes acquired Belantis theme park from Parques Reunidos group, taking over Event Park GmbH's capital for €22 million. Belantis, founded in 2003, is located in the Leipzig region, eastern Germany, and features 27 attractions over nine themed zones. The park, attracting 300,000 visitors annually, generated €11 million in sales in 2024. Compagnie des Alpes, with this new acquisition, operates eight European sites and aims to increase Belantis' visitor numbers to 900,000 annually.

🏨 Highline Hospitality Partners acquired the 510-room Hilton Atlanta Airport located near Hartsfield-Jackson International Airport, adding to their 15-property portfolio. The full-service hotel has 40,000 square feet of meeting space and amenities like pools and a fitness center. Managed by HEI Hotels & Resorts, Highline's portfolio now exceeds $1 billion in assets, with more than 4,100 guestrooms. Renovations are planned to enhance guest experience and competitive market positioning. The hotel's strategic location serves business and leisure travelers, offering direct airport access and proximity to downtown Atlanta.

🏨 Highline Hospitality Partners acquired the 510-room Hilton Atlanta Airport, adding to their portfolio which now totals 15 hotels and over 4,100 guestrooms. HEI Hotels & Resorts will manage the property, marking their first venture with Highline. The hotel features 40,000 square feet of meeting space and amenities like two pools and a fitness center. With over $1 billion in assets, Highline plans renovations to bolster its market position. The Hilton Atlanta Airport caters to both business and leisure travelers with its proximity to the airport and downtown Atlanta.

🏖 Tour Partner Group is set to acquire JacTravel from Web Travel Group by the end of April for an undisclosed sum, creating a top European Destination Management Company (DMC). The group comprises Hotels & More (UK), Irish Welcome Tours (Ireland), Authentic Vacations (USA), Trans Nordic Tours (Denmark), and Experience Scotland (Scotland). JacTravel, known for its Group tours and FIT, will retain its brand through 2025 with Karen Robertson as managing director. This acquisition aims to enhance services and expand the product range for both parties.

🏦 Hunter Hotel Advisors announced the sale of the Hilton Garden Inn Louisville East to HBS Investment Group on March 26, 2025. The 112-key property, located in Louisville's economic hub near Humana, UPS, and Norton Healthcare, offers amenities like The Garden Grille & Bar. The region is popular for attractions like Museum Row and the Kentucky Derby, which brings 150,000 visitors yearly. Dr. Nimish Patel of HBS expressed satisfaction with the acquisition, enhancing their local investment portfolio.

🔓 Myst Hotels & Resorts acquired 77-bedroom Careys Manor Hotel & SenSpa in Brockenhurst, New Forest, marking its first international investment. Careys Manor, owned by Greenclose Hotels for 50 years, received a £6 million investment in a 24,000 sq feet Thai spa, SenSpa. The hotel boasts 4 AA Silver Stars, Best Spa in the South-East, and a Green Tourism Gold Award. Myst Hotels aims to enhance the guest experience while preserving the hotel’s legacy. The Gupta founders of Myst are eager to build on Careys Manor's success. Greenclose retains ownership of sister properties The Montagu Arms and The Imperial Hotel.