Mergers & Acquisitions - 10 Minutes News for Hoteliers - Page 9

2 min

Marazion Hotel in Cornwall Sold to First-Time Buyers Sarah Grey and Yves Giebens for Undisclosed Sum

🏨 Marazion Hotel in Cornwall was sold for an undisclosed sum, with an initial asking price of £1.5 million. The hotel offers 11 en suite bedrooms, a restaurant, and a bar, drawing nearly 350,000 visitors annually to the coastal town. Owned by the same family since 1982, it's now run by first-time buyers Sarah Grey and Yves Giebens. The hotel boasts an AA 4 Star Gold Inn rating and various accolades, enhancing its appeal.

Railroad tracks disappearing into a foggy, sunlit distance surrounded by autumn trees and fallen leaves.

2 min

Banor Alternative Assets Completes 2026 Hilton Garden Inn Silverstone Sale, One of UK’s Largest Hotel Transactions

🏨 Banor Alternative Assets restructured and sold the 197-room Hilton Garden Inn Silverstone in 2026, located at the Silverstone Circuit's Hamilton Straight. Opened in 2022, the hotel is noted for its motorsport and corporate event appeal. The transaction, advised by JLL, highlighted strong interest due to the hotel's prime location and integrated events infrastructure. Banor Capital and FRP joint administrators managed the deal, marking a substantial UK hospitality investment.

Male golfer in a light gray shirt and cap mid-swing on a sunny golf course, trees in the background.

2 min

Rudding Park Announces £1 Million Investment in New Immersive Golf Experience as Part of Expansion Strategy

🏌️ Rudding Park in Harrogate is set to launch The Great Yorkshire Golf Adventure, an 18-hole immersive experience, this month. This £1m investment is part of a larger £30-40m expansion to become Yorkshire's first five-star country club. The expansion includes a new food and drink space and enhancements to the Golf Academy, which will be rebranded as Gimme Golf. This initiative aims to make golf more accessible and social, responding to changing cultural trends.

Investors Favor Single Discipline Specialists Over Large Scale Consumer Businesses, Highlighting Home Swap Market Growth

🌎 At last week's Travolution Connects, experts highlighted investment trends, noting "smart money" avoids mid-sized consumer businesses. Susie Stanford of Growth Partner and Morgann Lesné of Cambon Partners emphasized growth in niche, community-focused travel sectors like home swaps, estimating potential billion-dollar valuations within 3-4 years. Roopak Pati praised Expedia’s integration with Uber, enhancing connected travel experiences. The focus remains on sustainable growth and leveraging tech-led propositions to cater to evolving consumer preferences and community engagement.

Nighttime facade of Le BHV Marais department store in Paris, illuminated in blue and pink; crowds at street level and festive lights above the entrance

3 min

BHV Marais Bets on Hospitality as Paris’ Iconic Department Store Reinvents Itself

One of Paris’ most recognizable department stores is preparing for its biggest transformation in decades, and hospitality is at the heart of the strategy. The owners of BHV Marais have…

Narrow cobblestone street toward a Gothic cathedral with intricate stonework and rose window, beige buildings with white shutters on both sides, blue sky above

2 min

Brookfield and Aroxys to Invest €200 Million in Redeveloping BHV Marais Building into Mixed-Use Space

2 July 2026

📈 May 19, 2026, Paris: Aroxys, founded in 2024 by Ara Adjennian, leads a €200 million redevelopment of the Rue de Rivoli building, 90% owned by Brookfield. The €300 million acquisition from Galeries Lafayette will transform 60% of the building into retail and hotel space over four years. Shein's presence has depleted BHV Marais' departments, leaving 30,000 square meters unoccupied. Brookfield targets international clientele, while staffing reductions are anticipated.

Tall beige brick high-rise with external fire escape on the right and antennas on the roof against a clear blue sky, urban street foreground.

2 min

RAD Hotel Group Expands with Acquisition of Lochgreen House Hotel and Spa, Growing Scottish Portfolio to 10 Properties

🏨 RAD Hotel Group recently acquired the five-star Lochgreen House Hotel and Spa in Troon, Scotland. This acquisition, for an undisclosed sum, expands their portfolio to 10 hotels across Scotland. Originally a 19th-century mansion, Lochgreen is renowned for its spa and weddings. The hotel will maintain its current operations, retaining all employees and honoring existing bookings. This purchase follows RAD's acquisition of Seamill House Hotel, aligning with their strategy to grow historic properties in Scotland.

Harbor scene with a breakwater of rocks, calm blue water, and distant mountains under a clear sky with scattered clouds

2 min

Pyramid Global Hospitality Adds Naples Bay Resort & Marina to Benchmark Resorts & Hotels Collection in Florida

🏨 Pyramid Global Hospitality, on October 2023, announced that Naples Bay Resort & Marina in Naples, Florida, joins its Benchmark Resorts & Hotels collection. They will manage 85 guest rooms, a 97-slip marina, 31,000 sq. ft. of retail space, 15,000 sq. ft. of event space, and the Naples Bay Club, featuring three pools, a spa, and a fitness center. This acquisition is part of a joint venture with Western & Southern Financial Group. Pyramid oversees 200 properties globally.

Resort pool with row of wooden lounge chairs and tall palm trees against a clear sky.

0 min

OUE REIT Divests Crowne Plaza Changi Airport in Singapore for SGD500 Million to Joint Venture with Tokyo Century Corporation

💸 OUE Hospitality Sub-Trust is selling the 575-key Crowne Plaza Changi Airport for SGD500 million in Singapore. The sale price is SGD869,600 per key, a 1.3% premium on two valuations. The hotel's agreements expire in 2028. Activia Properties is acquiring the 282-key A-FLAG Kyoto Shijo for JPY11.5 billion in Japan, slightly below its JPY11.7 billion appraisal. NBI Holdings has acquired the 328-key Novotel Okinawa Naha, details undisclosed, in Japan.

Red neon letters spell 'SALE' against a dark wooden backdrop in a storefront window.

1 min

Marcus & Millichap Sells Holiday Inn Express & Suites Sylacauga, Alabama for $5.8 Million to Out-of-State Buyer

🏟 June 2026, Sylacauga, Alabama: Marcus & Millichap sold the Holiday Inn Express & Suites Sylacauga by IHG for $5.8 million to a first-time out-of-state buyer. The hotel, built in 2006, has 60 guestrooms, an indoor pool, fitness center, and event space. It is near Coosa Valley Medical Center and Talladega Superspeedway. The sale was managed by Terrence Jefferson and team, marking their second successful transaction with this client.

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