![[Credit: Avison Young]](https://boutiquehotelnews.com/wp-content/uploads/2026/08/avison-young-offices-montreal-2.jpg)
Reading Time: 2 minutesWorldwide: Real estate advisory firm Avison Young is set to finalise a recapitalisation deal to support “growth, sustained profitability and long-term value”.

Reading Time: 2 minutesWorldwide: Gravity Capital Hong Kong has become the new shareholder of Grand Metropolitan Hotels Holding B.V., marking the conclusion of the former joint venture structure with VZB.

Reading Time: 2 minutesUK: Property adviser Christie & Co has sold the Langham Hotel in Eastbourne, Sussex, to hybrid hospitality platform Novastar Hotel Group.

Reading Time: 2 minutesWorldwide: Travel planning and booking platform TravelAI has acquired the Sonder brand, comprising the company’s trademarks and domain names.

Reading Time: 2 minutesSouth Korea: Retail conglomerate Shinsegae Group has partnered with OKO Group, the real estate development company led by Vlad Doronin, to develop Aman hotels and residences globally.

Reading Time: 2 minutesWorldwide: Fairmont Hotels & Resorts is embarking upon a global renovation programme, with 20 per cent of its portfolio undergoing active transformation across the Americas, Europe, Africa, and Asia.

Reading Time: 2 minutesUK: RAD Hotel Group has acquired the five-star Lochgreen House Hotel & Spa in Troon, Scotland.

Reading Time: 2 minutesSpain: Avalon Hotel & Restaurant in Nerja, on the Costa del Sol, has been put up for sale with an asking price of €2.77 million, including both the freehold property and the operating business.

Reading Time: 2 minutesUK: Jason Kow, the founder of private investment firm Queensgate, has gained control of the company from administrators to AlTi Tiedemann.

Reading Time: < 1 minuteFrance: Zaka Investments, the asset manager and developer of Evok Collection, has acquired the former Hôtel La Savoyarde, which it will rebrand as Nolinski Val d’Isère.