Mergers & Acquisitions

🏨 Aimbridge Hospitality, in September 2026, took over management of three historic boutique hotels owned by Gorman & Company: The Brewhouse Inn & Suites (90 suites) in Milwaukee, The Stella Hotel & Ballroom (80 rooms) in Kenosha, and Embassy Suites by Hilton Rockford Riverfront (160 rooms) in Rockford. Gorman, transitioning to third-party management, has maintained the historic essence of these properties. The Rockford property, opened in 2020, involved an $87.5 million renovation.

🏨 Hamlet Hotels has acquired the 60-bedroom Best Western Thurrock Hotel in Aveley, Essex. Located near the M25 and Dartford Crossing, the hotel features Scholars Restaurant with over 100 covers, eight meeting rooms, and spaces for 200-300 delegates. Hamlet Hotels will enhance meetings, events, food, and weddings. This acquisition aligns with their UK expansion plans, aiming to elevate guest experiences and make the hotel a premier local destination.

💻 Cloud5 Communications is acquiring interTouch CALA to expand its presence in South and Central America, Mexico, and the Caribbean. This agreement enhances Cloud5's strategy to offer integrated technology services across the Western Hemisphere. The acquisition includes managed IT services, HSIA solutions, telecommunications, in-room entertainment, and contact center solutions. interTouch CALA, with over 20 years in the region, sought a buyer aligned with hospitality expertise. The transaction is expected to finalize this month in Chicago.

🏨 Rockpoint and Newbond Holdings acquired Hotel Maren Fort Lauderdale, Curio Collection by Hilton, located in Fort Lauderdale Beach, south of Las Olas Boulevard. The 12-story oceanfront hotel was built in 2021 and features 141 guestrooms with ocean or waterway views. Plans include enhancing guest experiences and amenities, such as dining and public areas, as the area attracts more investment. Financial terms were undisclosed.

🏨 Starboard Hotels, in partnership with LaSalle Investment Management, acquired seven Accor hotels in the UK from Ares Real Estate Funds and EQ Group. The acquisition includes 913 rooms, boosting Starboard's UK portfolio to 28 properties and over 3,000 rooms. Key locations include Birmingham, Sheffield, Luton, Southampton, and London. This marks Starboard's first private equity joint venture and EQ Group’s exit from an 18-asset UK portfolio. The deal was brokered by JLL and Christie and Co.

🏨 Kinloch Lodge, an 18-guestroom hotel on the Isle of Skye, changed ownership from the MacDonald family, who operated it since 1972, to the Wickman family, fellow Skye hoteliers. The hotel, with a Michelin Key and named best in Scotland by Condé Nast Traveller in 2025, will undergo a £1.6 million enhancement program. Edward Wickman leads the family business, now managing three hotels on Skye. The Wickmans acquired the Flodigarry Hotel in 2024.

🏨 Hotel Port Dinorwic in Felinheli, North Wales is for sale at £4 million. The coastal hotel includes a main building with reception, bar, lounge, conservatory, restaurant, swimming pool, eight en-suite rooms, and three apartments. Additional accommodations feature 17 apartments/studios, three cottages, and a Round Tower with two apartments. The hotel, owned by the same family for over 40 years, offers development opportunities, including new homes, subject to planning permissions. Christie and Co oversees the sale.

🏠 Hoi Hup Realty has entered the Australian market by acquiring the Four Points by Sheraton Sydney for AUD201.8 million, a 34.5% increase since 2021. ARA Korea plans to purchase Courtyard by Marriott Suwon for KRW100 billion, set for completion by September 2026. Centurion aims to convert the Yan Woo Building in Hong Kong into accommodations after a HKD364 million purchase. Shinsegae and Aman announced a 70,000-sqm mixed-use development in Seoul. AB Capital acquired Residence Hotel Stripe Sapporo to refurbish it.

🏨 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.