2025/08/17 – 2025/08/31
APAC
- NIPPON REIT: NIPPON REIT has acquired five assets worth a total of JPY 174 billion, including its first two hotels. These are the 132-room Hotel Resol Stay Akihabara in Tokyo and the 190-room Smile Hotel Premium Hakodate Goryokaku in Hokkaido—recently completed properties in prime locations.
- Tune Hotel George Town: ECML Hotels, under the ECM Libra Group, is selling the 258-room Tune Hotel George Town in Penang, along with its land, to Wealthpro Holdings for approximately MYR 51.9 million. Compared to its 2018 acquisition cost of MYR 21 million, the sale represents a significant profit. Closing is expected in Q1 2026.
- Pro-Invest Hotels: Australia’s EVT Connect Hospitality has acquired hotel operator Pro-Invest Hotels, securing long-term management rights for 15 hotels with a total of 3,200 rooms. These hotels are currently operated under franchise agreements with IHG and Accor brands, and EVT Connect Hospitality plans to maintain the existing franchise arrangements.
Americas
- Braemar REIT: Braemar REIT, which owns several luxury hotels in the U.S., is pursuing a portfolio-wide sale. The main reason is to enhance shareholder value in response to the persistent undervaluation of luxury hotels, with inefficiencies in its management structure under Ashford also cited as an important factor.
- Ashford Hospitality Trust: Ashford Hospitality Trust, which had spun off its luxury hotel assets into Braemar REIT in 2013, has sold two hotels in the Houston, Texas area for a total of USD 33 million. The divestment of non-core assets is aimed at reducing debt, improving liquidity, and supporting debt repayment.
- JW Marriott Marquis Miami: Korea-based developer MDM Group has secured approximately USD 79.3 million in refinancing for the 313-room JW Marriott Marquis Miami. The loan was executed by Madison Newbond and brokered by JLL. This financing enables MDM to maintain stable long-term ownership of a key asset in downtown Miami.
Europe
- Soho House: U.S. hotel investor and operator MCR Hotels, backed by capital from Apollo, is acquiring the remaining stake in Soho House, the hotel and members’ club operator, for USD 2.7 billion. MCR plans to take Soho House private, strengthen its capital structure, and expand its lifestyle platform and hotel membership business.
