Mergers & Acquisitions

🏨 In Covent Garden, London, Kingsway House and 4 Great Queen Street are for sale for over £25 million, offering an 80-bedroom hotel conversion opportunity. The site, near Holborn Station, spans over 51,000 sq ft with existing planning permission. Knight Frank, managing the sale, has brokered £400 million in central London hotel deals in the last year. Whitbread has acquired Victory House nearby, investing over £100 million in a conversion program.

🏠 Bain Capital and Omnam Group sold The Lake Como EDITION to Sansiri Capital, marking a milestone transformation. Set on Lake Como's shores, this 19th-century palazzo was redeveloped from April 2022, reopening in March 2026 with 148 rooms. The sale showcases international investor interest and Sansiri’s European expansion. The project, involving a significant room reduction and a new spa, achieved LEED Gold certification and exemplifies a shift in luxury hospitality. Completion is expected in several weeks.

🏟 Family-owned Rudding Park in Harrogate is expanding with HSBC UK's seven-figure support. The development includes a 60,000 sq ft golf and country club, 7 new padel and tennis courts, and a pavilion. It aims to create 75 jobs, generating £14m annually for Harrogate. Rudding Park anticipates a 4.8% turnover increase within 12 months. Owned by the Mackaness Family since 1972, it features 90 rooms, a spa, and a MICHELIN-star restaurant, with sustainability efforts, including tree planting.

🏨 Blackstone plans a Spanish IPO for Hotel Investment Partners (HIP) in late October or early November 2025, valuing it at €6–7 billion ($6.9B+). The IPO aims to raise €700 million for acquisitions and renovations. HIP, owning 61 hotels and 20,000 rooms across Spain, Portugal, Italy, and Greece, leases to brands like Marriott and Hilton. Blackstone holds 65%, acquired from Banco Sabadell in 2017, while GIC has 35% since a 2023 deal valuing HIP at €4 billion.

🏠 The former Ramada hotel in Loughborough, featuring 85 bedrooms on a 0.8-acre site, is up for sale for over £3 million. Located centrally, it offers a courtyard, bar, restaurant, and parking for 58 vehicles. It has strong transport links to Nottingham, Leicester, and Birmingham. Plans exist to convert it into a 150-bedroom student apartment, pending planning approval. Matt Hill from Christie and Co is overseeing the sale, highlighting the location's appeal for hoteliers.

🏠 Bain Capital and Omnam Group sold The Lake Como EDITION to Sansiri Capital. The hotel, located opposite Bellagio, is 1 hour from Milan. Originally a 19th-century palazzo, it was acquired in late 2021, redeveloped from April 2022, and opened in March 2026, reducing rooms from nearly 300 to 148. The property includes a spa, floating pool, and beach club, achieving LEED Gold certification. The sale's financial terms remain undisclosed.

🏨 The Lysses House Hotel in Fareham, Hampshire, sold for £1.5m to a local investor, marking its first ownership change in 40 years. The Georgian hotel features 21 en-suite rooms, a restaurant for 60, and a terrace for 30. Colin Mercer, owner since 1986, has retired, with the new owner planning to expand their hospitality portfolio. Christie and Co managed the sale, overseen by Ed Bellfield. The hotel is conveniently located near Southampton and Portsmouth.

📈 Marriott aims to close a $1.55 billion group revenue gap in the U.S. and Canada by 2027. This initiative was highlighted in a slide presentation shown to hotel teams this month, with incentives offered to achieve the December 31 target. Similar messages were reported by Marriott employees in other regions over the past two weeks. The push is part of Marriott's strategic efforts to boost group sales.

🏨 Burley Manor House, a 41-bedroom hotel in Hampshire, is on the market for £8.5 million. Situated in the New Forest National Park, it features a banqueting suite, heated pool, and planning permission for expansion. The property benefits from year-round bookings, driven by 15 million annual visitor days to the park. Managed by Knight Frank and Simon Stevens and Associates, it offers potential investment opportunities due to its profitable operations and limited local competition.