Mergers & Acquisitions

📍 46-bedroom Peveril of the Peak hotel in Dovedale, Derbyshire, is for sale with a £2 million freehold. Situated in Thorpe, the property spans 10 acres and includes a detached two-bedroom cottage. It features a reception, lounge, bar, dining room, two function rooms, and 14 partially refurbished staff bedrooms. Managed by Christie and Co's Matt Hill, the site is tenanted until early 2027, when vacant possession will be available.

🏨 Dominus sold the Courtyard by Marriott Oxford City Centre to Millemont Capital Partners for £74 million, marking 2026's largest urban single-asset sale outside London. Dominus acquired the property in 2014, transforming it into a 160-room hotel with occupancy rates above 90% since 2019. Preet Ahluwalia, Dominus CEO, highlighted successful development and 12-year ownership. Millemont's Ashley Shaw noted over £150 million in transactions during the first half of 2026, emphasizing Oxford's strong market.

💸 Hyatt and Hall Structured Finance have teamed up to offer a financing solution for Hyatt Studios newbuild projects across the U.S. The Hyatt Studios Structured Loan Program leverages Hall's 30+ years of hospitality lending experience, helping developers access capital efficiently. This initiative supports Hyatt Studios' expansion and offers greater leverage compared to conventional lending. Mark Klipsch of Hall Structured Finance highlights the program's potential to accelerate project financing amidst a competitive environment.

🏨 7-13 June 2026, U.S.: Hotel industry sees positive growth. Occupancy at 69.9% (+1.9%); ADR at $172.04 (+4.9%); RevPAR at $120.34 (+7.0%). Detroit leads with a 7.9% rise in occupancy to 71.0%. New York City boasts the highest ADR (+17.1% to $399.15) and RevPAR (+18.9% to $358.00), driven by the Knicks in the NBA Finals and a World Cup match. Los Angeles follows with a significant ADR increase (+13.7% to $234.02).

🏨 Marriott’s Design Hotels expands by signing 16 Palisociety hotels across nine U.S. locations, surpassing 100 properties in the Americas, up from under 50 in 2023. Founded by Avi Brosh in 2007, Palisociety is known for its design-led hotels with fewer than 150 rooms. This partnership grants access to Marriott Bonvoy and broader exposure on Designhotels.com and Marriott.com, allowing Palisociety to maintain independence while benefiting from increased scale and reach.

🏨 Switch Management acquired the 78-bedroom Ibis Styles Hotel in Bournemouth, safeguarding about 30 jobs. Joint administrators Glen Carter and Damian Webb of RSM UK facilitated the sale from Coast Hotels and Leisure. This marks Switch Management's second Bournemouth acquisition, following a £2 million investment in Queens Hotel and Spa. The hotel will continue operating in the coastal market as Switch Management works to stabilize and enhance its business operations.

📍 In 2024, Hyatt acquired Standard International, LLC, encompassing 22 hotels and approximately 2,000 rooms, with over 30 projects in development. Previously, IHG purchased Kimpton Hotels in 2014 for $430 million, initially featuring 62 hotels and 71 restaurants. Accor acquired 85% of 21c Museum Hotels in 2018 when it had eight hotels and three under development. CBRE's 2025 research indicates hotel brand growth at a 7% annual rate, while loyalty membership increased by 15%. Unfortunately, increased brands haven't improved RevPAR since 2019.

💳 In March, 51 owners of nearly 1,000 Marriott hotels urged CEO Anthony Capuano and Chairman David Marriott to share more of the projected $1 billion earnings from co-branded credit cards. Marriott anticipates a 35% increase in these fees in 2023 due to higher royalties and increased cardholder spending. Loyalty programs are a lucrative aspect of the hotel industry, causing tension between major hotel groups and franchisees who serve customers redeeming points.