Mergers & Acquisitions

📈 Property developer Vastint is selling a UK hotel portfolio valued at £500 million, advised by JLL and KPMG UK. The portfolio includes 15 Marriott-branded hotels with 3,230 rooms, operated by Hotel Co 51 UK. Located near city centers and transport hubs, it features the largest Moxy collection in Europe. With an average build age of five years, all properties have Green Key certification and LEED/BREEAM ratings, aligning with investor interest in sustainable operational real estate.

🏨 The Knighton Hotel, a Grade II-listed building in Knighton, Powys, is on the market for £599,000. Built in 1867, it features 18 en suite bedrooms, a two-bedroom guest apartment, and communal spaces. Recent restorations preserved its original charm while modernizing the interior. Currently offering room-only accommodations, the location near Offa’s Dyke Path and Glyndŵr’s Way makes it ripe for expanded trading or other developments. Christie and Co is handling the sale.

🏨 Sutton Hotel Collection is investing £9.5 million to refurbish The Castle Hotel Windsor, located opposite Windsor Castle. The project begins in November 2025, with completion by late 2026. The redesign includes bedrooms, suites, the ground floor, and a new British brasserie concept. 3DReid will lead the interior design. The plan aims to reposition the hotel in the Windsor market and enhance the visitor experience, capitalizing on the 12 million tourists visiting Windsor annually.

🏨 Arora Group, in partnership with Madrid-based Deva Capital, acquired the Novotel London West in Hammersmith. This expands Arora's portfolio to over 20 properties and 8,000 rooms in the UK. The Novotel London West features over 630 bedrooms and conference facilities for 3,000 delegates across 33 spaces. This marks Arora's second hotel in central London, complementing their existing InterContinental London – The O2. The acquisition amount remains undisclosed.

🏨 CBRE announces the sale of the International Hotel Killarney, Ireland, priced at £15.5-17.3 million (€18–20 million). This rare opportunity marks the first major Killarney hotel sale in nearly a decade. Owned by the Coyne family since 1976, the hotel features 98 rooms, a bar, restaurant, and event spaces. Located near Killarney National Park, it is free from branding ties, allowing flexibility for new owners. Strong interest is expected from domestic and international buyers.

🏨 A 43-bedroom hotel, Raglan Lodge, on the A40 in Monmouthshire, is up for lease at £75,000. Located at Monmouth Northbound Services, it features various amenities such as Asda Express, Starbucks, and Subway. The hotel, refurbished in 2017, offers ample parking and three meeting rooms. Connected to major roads, it's one mile from the A449. Asda, the current owner, seeks a hospitality-focused operator. The Heads of the Valleys Road improvement is set to complete in 2025.

🍿 Freddy's Frozen Custard & Steakburgers, with over 550 locations in the U.S. and Canada, has been acquired by investment funds affiliated with Rhône, a global private equity firm. Previously owned by Thompson Street Capital Partners, Freddy's generates over $1 billion in annual system-wide sales. Current executives, including President & CEO Chris Dull, will continue to lead. Acquisition terms remain undisclosed. The brand upholds its commitment to quality products and hospitality.

🍪 Freddy's Frozen Custard & Steakburgers was acquired by Rhône, a global private equity firm, from Thompson Street Capital Partners. The fast-casual brand operates over 550 locations across the U.S. and Canada, generating over $1 billion in system-wide sales last year. The executive team, led by President & CEO Chris Dull, remains unchanged. Terms of the acquisition are undisclosed.

🗺 ATG Travel Worldwide has acquired CWT’s business travel operations in Germany, enhancing its European market presence. The acquisition results in the formation of ATG Business Travel Management, GmbH. This entity will function independently in Germany, focusing on local leadership and operations. ATG, active in over 150 countries, aims to leverage local expertise for growth. This strategic move supports ATG's long-term international expansion and strengthens its foothold in Germany's business travel sector.

🏨 UK, March 2025: The Feversham Arms Hotel and Verbena Spa, a 33-bedroom hotel in Helmsley, North Yorkshire, was acquired by Rockcliffe Hall for an undisclosed amount after entering administration. The hotel continues operations, with employees retained under existing terms. The legal transition was managed by Womble Bond Dickinson, while PKF Littlejohn administered the sale. Oliver Collinge and Liz Sapsted ensured a smooth ownership transfer, commended by Rockcliffe Hall.