Investment & M&A
Money leaves tracks, and rounds, acquisitions and mergers tell where capital believes the sector is heading before it shows up on the street.
Accor Hires Banks for Ennismore's U.S. IPO
Read → Bazin hinted at it in June. Now Accor hires investment banks for Ennismore's IPO on Wall Street. A play that puts lifestyle hotels in the spotlight.
United Aviation Stellair acquires Mallorcair
Read → United Aviation Services, through its Stellair brand, has acquired Mallorcair, a historic ground handling and FBO operator in Palma. The move consolidates the handling oligopoly in the Balearic Islands.
easyJet swerves and picks Apollo over Castlelake
Read → easyJet accepts Apollo's £5.7 billion offer after turning down Castlelake. The deal has until August 7 to become firm.
Balearic Islands leads hotel investment in Spain: €556M in a quarter
Read → Hotel investment in Spain hits €1.35 billion in Q2, led by the Balearic Islands. Domestic capital dominates and 86% goes to 4- and 5-star hotels.
Mews cuts staff by 15% due to AI, Easyjet faces breakup, Hyatt Centric Madrid repositions, Civitatis
Read → Mews cuts 15% of staff and bets on AI. Easyjet is worth more dead than alive. Hyatt Centric Madrid targets new guests. Civitatis signs with Almundo.
Extendam buys three 4-star hotels in Madrid and Barcelona
Read → French firm Extendam adds three 4-star hotels in Madrid and Barcelona to its portfolio, reaching 35 properties in Spain.
Hotel chains lead tourism stock market profitability
Read → Listed hotel chains outperform airlines and OTAs in stock returns, according to the BEACH index. Is this a turning point for travel investors?
One year on, THN acquisition earn-out nears full payment
Read → One year later, AI rewrote the integration plan and the earn-out is nearly 100% met.
A family office pays 8.2 million for Murmuri Residence Concepció in
Read → A family office has purchased Barcelona's Murmuri Residence Concepció for 8.2 million euros, advised by Cushman & Wakefield. The asset, operated by Majestic Hotel Group, includes five luxury apartments and a Michelin-starred restaurant. The deal highlights fierce competition for prime locations in the Spanish hotel market, which closed the first half with 2.46 billion euros in investment.
Ramat pays €60M for Mongibello Ibiza: Concept Hotel Group stays on
Read → Grupo Ramat, led by Marc Rahola, acquires the lifestyle hotel Mongibello Ibiza from Stoneweg and Bain Capital for €60 million. The deal ensures operational continuity with Concept Hotel Group, a sign that investors value specialized management over brand swaps.