Mergers & Acquisitions

📍 JLL’s Hotels & Hospitality Group facilitated the sale of the Clarion Hotel Airport, a 149-room hotel in Portland, Maine. Originally opened in 1974, the hotel features 7,000 square feet of meeting space and amenities like a restaurant, shuttle service, pool, fitness, and business centers. It offers easy access to I-295 and Portland International Jetport. The hotel will be managed by Jamsan Hotel Management. Alan Suzuki led the JLL team in this transaction.

🏨 In July 2025, Access Point Financial provided a $55 million floating-rate loan to H&S Properties Development Corp. to refinance a four-hotel portfolio in Maryland, including the Courtyard Aberdeen/Residence Inn and Hilton Garden Inn/Homewood Suites in Baltimore. The loan features a four-year term with a one-year extension, aimed at refinancing debt and funding a PIP. The Aberdeen hotels are near Ripken Stadium, while the Baltimore hotels are close to the Inner Harbor and Camden Yards.

💸 $3.5 million sale of Sleep Inn Sumter, a 63-room hotel, took place in Sumter, South Carolina. Marcus & Millichap's team, including Terrence Jefferson, Jack Davis, Eric Webster, and Joce Messinger, marketed it for a local owner. The buyer was from North Carolina. The hotel offers amenities like a swimming pool, business and fitness centers, and is located near Interstates 20 and 95, Shaw Air Force Base, and Prisma Health Tuomey Hospital.

🌎 TravCorp Holdings Ltd has acquired Specialist Holidays Group from Travelopia, adding Citalia, American Holidays, and Sovereign Luxury Travel to its portfolio. Led by Helen Adamson, who remains as Managing Director, this acquisition is backed by BGF and aims to enhance TravCorp's growth strategy under CEO Andy Freeth and Chair Andrew Botterill. The acquisition strengthens TravCorp's reputation for customer-centered service and destination knowledge.

💰 JLL’s Hotels & Hospitality Group announced a $5.6 million sale of the Grand Eastonian Hotel & Suites in Easton, Pennsylvania. The 50-room hotel was sold by Nature Nurture Foundation, a nonprofit, to CanalHouse Hospitality Enterprises LLC. Originally opened in 1927 and renovated post-2000, the hotel features a heated indoor saltwater pool, fitness center, and meeting space. Located near Lafayette College and Crayola Experience, it's positioned for growth in Easton's revitalized downtown area.

🏨 BWH Hotels, with 18 brands, is expanding its portfolio by nearly 100 new hotels in 2025. Their soft brands, including SureStay Collection, BW Premier Collection, and WorldHotels brands, support independent hoteliers by combining individuality with global network benefits. Brad LeBlanc, SVP and Chief Development Officer, emphasizes providing tools for global competition. BWH Hotels offers loyalty, marketing, and revenue management support, empowering hotel owners while maintaining unique property character.

💰 HREC Investment Advisors arranged the sale of Homewood Suites Tampa Brandon, a 126-guestroom hotel in Tampa, Florida, to an institutional buyer. The deal was managed by Scott Stephens, Niven Patel, and Wendy Blissett. The hotel, located ten minutes from downtown Tampa, is near attractions like Busch Gardens and the Florida Aquarium. Despite economic concerns, the sale indicates confidence in Tampa Bay's hospitality market, highlighting its resilience and long-term potential.