Reading Time: < 1 minuteAce first entered sale negotiations in early 2023 with Portland-based Sortis Holdings, which agreed to buy the brand for roughly USD $85 million. That transaction
Reading Time: < 1 minuteUK: Hospitality group Truffle has acquired the four-star hotel Mere Court, in Cheshire.
Reading Time: 2 minutesEU: Hospitality group IHG has acquired the urban lifestyle Ruby Hotels brand for an initial sum of around €110.5 million.
Reading Time: < 1 minuteEurope: Lifestyle hotel brand Aethos has acquired Yayem, an experiential members’ club and travel app.
Reading Time: 2 minutesUK: Data published by global real estate advisor Knight Frank shows that investment into UK hotels has increased by nearly 200 per cent YOY to £6.3 billion.
Reading Time: < 1 minuteUK: Hotel and leisure club operator Village Hotels has purchased the former Crowne Plaza site at Caversham Bridge, Reading.
Reading Time: < 1 minuteUS: Lifestyle Hospitality Capital (LHC) has acquired The Gates Hotel South Beach in Florida which will become the US flagship of the Dean Group.
Reading Time: < 1 minuteUK: Cotswolds manor house hotel Stonehouse Court has acquired the keys to the original coach house and stables on its six-acre grounds.
![[Credit: Roomers Munich Hotel]](https://boutiquehotelnews.com/wp-content/uploads/2024/10/roomers-munich-facade-02-800x445.jpg)
Reading Time: < 1 minuteGermany: Investment management platform Lifestyle Hospitality Capital (LHC) has acquired the Roomers Munich Hotel to expand Dean Group into Europe, backed by funds managed by Elliott Investment Management.
Reading Time: 4 minutesShort Term Rentalz editor Paul Stevens comments on the potential impact of Uber’s rumoured acquisition of Expedia.
: