Sunday PropTech acquires European hotel operator Fletcher

On October 27, 2026, Skift Feed reported that Sunday PropTech is acquiring the European hotel operator Fletcher. The report stated that Fletcher has a long record of acquisitions, but its financial data show that most of its profits come from government accommodation business; at the same time, Fletcher's profitability is declining and its borrowing costs are rising. The report did not disclose details such as the transaction amount, transaction structure, completion time or regulatory approval; the event remains at the stage of acquisition disclosure.