Mergers & Acquisitions

Pandox AB has reported a third-quarter profit of SEK 637m (£50m) and EBITDA) of SEK 1.2bn (£95m), reflecting year-on-year increases of 7% and a sharp recovery from a SEK 39m…

Invesco Real Estate has acquired the four-star, 189-room Radisson Blu Hotel, Marseille Vieux Port in France from German real estate investment manager Union Investment for €43.5 million (€230,200 per room). The property is situated by the old port in central Marseille and includes two restaurants, a bar and 12 meeting rooms. The hotel, that had been owned by Union for 20 years, underwent a complete renovation in 2024 and is operated under a long-term lease by Radisson Hotel Group. Invesco acquired the hotel on behalf of its European Hotel strategy, bringing the portfolio to 11 hotels.

Reading Time: < 1 minute Thailand: Flight Centre Travel Group has agreed to sell its luxury boutique brand Cross Hotels & Resorts to South Korean hospitality group Sono International.  Cross…

YTL Hotels & Properties Sdn Bhd (“YTL Hotels”), the hospitality arm of Malaysia-based YTL Corporation Berhad (“YTL Group”), has acquired the 225-key Hotel Indigo Auckland from New Zealand-based Ninety Four Feet for NZD160 million. This translates to approximately NZD711,000 per key. This marks YTL Hotels’ first hotel investment in New Zealand and represents the country’s second-largest hotel transaction in 2025. YTL Hotels has signed a 25-year management agreement with UK-based InterContinental Hotels Group PLC (“IHG”) to operate the hotel. The hotel occupies 27 floors within a newly built 41-storey mixed-use tower, offering amenities such as an on-site restaurant, fitness centre, and car parking. Strategically located along Albert Street in Auckland’s Midtown precinct, the property is an eight-minute walk from both Waitematā Station and the upcoming Aotea Station, providing strong accessibility and positioning within the city’s central business district.

Casa de los Bates, a 19th Century manor house overlooking the Costa Tropical in southern Spain, has been brought to market for €5.3m (£4.6m), with approval in place to expand…

This article was written by Lodging Magazine. Click here to read the original article Photo Credit: Fredericksburg Inn & Suites PARK CITY, Utah—CooperWynn Capital announced that it has arranged the…

This article was written by Lodging Magazine. Click here to read the original article Photo Credit: Comfort Suites Rock Hill – Manchester Meadows Area ROCK HILL, South Carolina—Marcus & Millichap…

This article was written by Lodging Magazine. Click here to read the original article LAS VEGAS, Nevada—MGM Resorts International reported financial results for the third quarter of 2025. Among other…

The Inn Collection Group has secured £125m in finance from HSBC to increase its portfolio through the acquisition of leisure sites across the country. With the HSBC UK funding, The…

Essendi, a leading hotel owner and operator in Europe, announces the strategic sale of its portfolio of assets in Argentina to ISWM Group. The portfolio is composed of five hotels located in Buenos Aires and Mendoza. This transaction is a key step in Essendi’s asset management strategy, aimed at consolidating the Group’s positioning in the economy and midscale segments in Europe.