Mergers & Acquisitions - 10 Minutes News for Hoteliers - Page 41

1 min

Hunter Hotel Advisors Brokers Sale of Residence Inn Detroit Novi

🏨 Spark GHC purchased the 107-key Residence Inn Detroit Novi from an institutional seller on June 26, 2025, in a transaction facilitated by Spencer Davidson of Hunter Hotel Advisors. Located in Novi, Michigan, near retail attractions and major corporate headquarters like Ford, Stellantis, and GM, this hotel acquisition aligns with Spark GHC's strategy to expand in robust submarkets. The hotel features a fitness center, business center, and indoor pool.

1 min

PMZ Realty Capital Arranges Loan for Hampton Inn Marysville

🏨 PMZ Realty Capital LLC secured a $5.3 million loan for the Hampton Inn Marysville in Ohio. The loan supports property acquisition and improvement plans over a five-year term with interest-only payments. The Canadian investor’s first U.S. hotel investment aims to enhance guest experience. The 83-room hotel features amenities including a pool and meeting rooms, and is situated near Downtown Columbus and major corporations like Honda and Scotts Miracle-Gro.

2 min

Barceló Hotel Group expands into France with Evergreen Laurel Hotel acquisition

🏨 Barceló Hotel Group acquired a 338-room hotel in Levallois-Perret, near Paris, for €70 million. This strategic acquisition marks Barceló's entry into the French market. The hotel, now part of the upscale Occidental Hotels & Resorts brand, is located in the Front de Seine business district and offers 700 m² of meeting space. This purchase is part of Barceló's broader European expansion, bringing its total to 108 hotels in the continent.

2 min

RobertDouglas Advises TPI Hospitality on Refinancing of Margaritaville Beach Resort Fort Myers Beach

🏖️ In July 2025, TPI Hospitality refinanced the Margaritaville Beach Resort in Fort Myers Beach, Florida. The 254-room resort, located on Estero Island, includes five dining outlets and the 60,000 sq. ft. Fins Up! Beach Club. The area is undergoing a $150 million infrastructure investment, including $100 million for Times Square revitalization. The refinancing, advised by RobertDouglas, repaid construction financing and returned equity, featuring an earn-out structure for future proceeds.

1 min

Cronheim Hotel Capital Secures Funds for Construction of AC Hotel Knoxville Downtown

🏨 Cronheim Hotel Capital (CHC) has secured $39 million for the construction of the AC Hotel Knoxville Downtown. Scheduled to open in winter 2026, the seven-story, 161-room hotel will feature a rooftop bar with panoramic city views. Developed by Vector Hospitality Inc., the project uses a creative CPACE financing structure, covering up to 75% of total project costs. Challenges in securing construction financing above 70% LTC were noted by CHC President David Turley.

1 min

Sabre finalises sale of hospitality…

💰 Sabre Corporation sold its hospitality solutions business to TPG for over $1.1 billion earlier this week. TPG's newly acquired unit, Hospitality Solutions, will now function as a standalone business under TPG Capital in the U.S. and Europe. Sabre plans to use the $960 million net profit from the sale to reduce debt and focus on growth. Teresa Mackintosh is appointed CEO of Hospitality Solutions, having held senior roles at Trintech and Wolters Kluwer.

1 min

Marcus & Millichap Arranges Sale of Element Bentonville

🏨 Marcus & Millichap sold the Element by Westin hotel in Bentonville, Arkansas. This 107-room, four-floor hotel, built in 2019, is along the I-49 corridor. It offers an outdoor pool and fitness center. The deal was marketed by Chris Gomes and Skyler Cooper, representing iSquare Properties, with Helix Hotels as the buyer. The hotel is strategically located near Walmart’s headquarters, Northwest Medical Center, and Crystal Bridges Museum of American Art.

2 min

Ikos Resorts expands portfolio with new property in Crete

🏖️ Ikos Kissamos, an €150 million investment, will open with 414 rooms and suites. Located in Crete, the resort targets LEED Gold certification and aims for net-zero carbon emissions by 2030. It will feature eco-friendly practices like eliminating single-use plastics and water reuse, and offer attractions such as Balos Lagoon and Samaria Gorge. Ikos Resorts also opened Ikos Odisia in Corfu, reinforcing their luxury, sustainable tourism strategy in the Mediterranean.

1 min

Hunter Hotel Advisors Brokers Sale of Hampton Inn & Suites El Paso-Airport

🏨 June 25, 2025, in El Paso: Hunter Hotel Advisors brokered the sale of the 139-key Hampton Inn & Suites El Paso-Airport to Nexgen Management. Located near El Paso International Airport, the hotel benefits from proximity to major corporations and institutions like Marathon Petroleum and University of Texas El Paso. This marks Hunter’s second successful El Paso transaction in 2025. The hotel features include a fitness center, business center, and outdoor pool.

Knigh Frank sells Hampshire country hotel to Heartwood Inns

🏨 Knight Frank sold The Potters Heron, a 53-room hotel in Hampshire, England, to Heartwood Inns. The property, located between Winchester and Southampton, spans 3.2 acres and features six event spaces, a 100-cover restaurant, and parking. Previously privately owned for nearly 20 years, the hotel offers significant refurbishment potential. Knight Frank's Chris Field expressed enthusiasm for the sale, highlighting the property's commercial potential for Heartwood Inns, part of Heartwood Collection.

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