Mergers & Acquisitions

💸 Sonder, with 7,500 furnished units across 37 cities, filed for Chapter 7 on November 14, 2025. After forming an alliance in August 2024, Marriott ended its licensing with Sonder. Similar to WeWork, Sonder’s collapse stemmed from unsustainable fixed-cost lease agreements, raising $839 million in VC funding. Sonder’s strategy relied on rapid revenue growth via leasing, leading to structural unprofitability when economic conditions shifted. Pedan’s Kasa group acquired multiple ex-Sonder properties, including three in Florida, Nashville, and Detroit.

💵 Mews and YouLend have provided nearly €2 million in funding to hotels across Europe and the US. Hotels can access flexible funding through Mews, with France being the latest addition. Eligible customers can apply online, with funding decisions made in 24-72 hours for amounts between €3,000 and €1,000,000, based on card payment volumes. Repayments are a fixed percentage of daily revenue, aligning with business performance. Mews powers 12,500+ customers across 85+ countries.

🏨 Maine Course Hospitality Group acquired the Homewood Suites by Hilton in Saratoga Springs, New York, adding its 27th hotel. The 113-suite property is near Saratoga Race Course and Skidmore College. Amenities include in-room kitchens, breakfast, socials, a fitness center, and an indoor pool. CEO Sean Riley expressed enthusiasm for joining the Saratoga community. The acquisition strengthens MCHG's presence across New England, the Mid-Atlantic, and Florida, as they continue expanding their portfolio.

🏠 New York City, 1624: Hudson Yards opened in 2019. ???? 35 Hudson Yards, a 92-story mixed-use skyscraper, includes the 212-room Equinox Hotel. ???? Rooms can cost over $1,000 per night. Mori Trust bought the hotel's first 38 floors for $541 million. ???? Equinox Hotel features wellness amenities and a Sleep Lab. ???? Mori Trust also owns properties in Manhattan and other U.S. cities. In March 2024, Equinox secured $1.8 billion for loans and growth. ????️ Equinox Hotels is expanding to Anguilla.

🏢 ATLANTA, November 2025—Hunter Hotel Advisors surpassed $1 billion in hotel sales with 76 transactions, despite market challenges. Q3 alone saw over $515 million in sales, including hotels in San Diego, Knoxville, Athens, and Albuquerque. By year-end, another 47 closings worth $500 million are expected. Hunter's success reflects strategic buyer activity and capital deployment, emphasizing asset quality over price. More than 150 assets are being marketed nationwide, with ongoing activity into early 2026.

💸 Edinburgh dominated Scottish hotel investment in January-September 2025, accounting for 74.4% (£227m) of the £305m total, per Knight Frank. Over 5 million visitors supported high investor interest, with hotel occupancy at exceptional levels. Significant deals include the sale of W Hotel to Schroders Capital and Bruntsfield Hotel to Dutco Group. Hotels led Edinburgh's property asset performance at £246m, outpacing offices, retail, and industrials. Investor demand remains robust with limited supply.

🌍 Edgar Suites, a French company, expands into Spain with its first project as part of a European development strategy. The move signifies a strategic shift beyond France to tap into broader European markets.

🛒 Cushman & Wakefield and Christie & Co. have sold the DoubleTree by Hilton Swindon, Wiltshire, featuring 171 rooms, two dining outlets, fitness facilities, and event suites. A private investor purchased the hotel, which benefits from corporate demand due to its location near Lydiard Fields and Windmill Hill Business Parks. Swindon is witnessing significant real estate investments, including Panattoni’s Honda site redevelopment. The sale marks increasing confidence in the UK's regional hospitality market, with a busy start to 2026 anticipated.

🏨 Blackstone sold the 1,003-room Sheraton Phoenix Downtown to Brookfield Asset Management. Located in Phoenix, it features 112,000 sq. ft. of meeting space, including the 27,200 sq. ft. Phoenix Ballroom. Opened in 2008 and renovated for $45 million in 2020, the hotel spans 806,481 sq. ft. It offers three dining venues, a 4,300 sq. ft. fitness center, and an outdoor pool. ????

🏨 French investor Iroko Zen SCPI acquires the 110-room Travelodge Bournemouth Seafront for £11 million. Tulip Real Estate buys the 171-room DoubleTree By Hilton Swindon. Oberland and RealVantage purchase the 61-room Heathcote Hotel in Manchester. Barons Eden acquires Orsett Hall in Essex with plans for a spa resort. Caledonian Leisure buys the 106-room Broadway Park Hotel, completing the 33-hotel Coast & Country portfolio sale. HVS, founded in 1980, offers global hospitality consulting services.