Announcements

Costa Rica's Peninsula Papagayo Breaks Ground on Second Oceanfront Andaz Residences Neighborhood

Peninsula Papagayo, widely regarded as Costa Rica's most exclusive resort and residential community, today announced the groundbreaking of a second neighborhood of 35 oceanfront Andaz Residences on the North Pacific coast's Culebra Bay. The milestone marks the next step in the long-term vision of Mohari Hospitality, a global investor focused on the development of luxury hospitality assets, which acquired the remaining stake in Peninsula Papagayo earlier this year to become its sole owner.

Signia Hilton Savannah Reaches Major Construction Milestone with Topping Out Ceremony

Signia Hilton Savannah reached a major construction milestone today as the Savannah-Georgia Convention Center Authority (SGCCA), Savannah Convention Center, Hilton, Brasfield & Gorrie, Songy Highroads, elected officials and community partners celebrated the topping out of the 444-room hotel. The property will serve as the headquarters hotel for the Savannah Convention Center, further enhancing the destination's ability to host meetings, events and conventions.

The Cordish Companies & Bruce Smith Enterprise Celebrate Major Construction Milestone of Live! Casino & Hotel Virginia With Topping Out of World-Class Gaming, Hotel, Dining and Entertainment Destination

The Cordish Companies and Bruce Smith Enterprise marked a significant milestone in the construction of Live! Casino & Hotel Virginia during a topping out ceremony for the new gaming, hotel, dining and entertainment destination opening in Central Virginia. The destination is being built on the same site as Live! Casino Virginia, the temporary gaming facility that opened in January.

PENN and NASCAR JV To Break Ground on Tribute Portfolio Hotel at Hollywood Casino at Kansas Speedway

Kansas Entertainment, LLC, a joint venture between PENN Entertainment, Inc. (Nasdaq: PENN) (“PENN” or the “Company”) and NASCAR™️, will host a groundbreaking ceremony on Friday, September 25, 2026, at 10:00am CST for a new boutique hotel adjacent to Hollywood Casino at Kansas Speedway (“Hollywood Casino”). The hotel will be affiliated with the Tribute Portfolio, part of Marriott Bonvoy, and will be financed, developed, and operated by Prime Group US and Shaner Hotels, with Kansas Entertainment contributing vacant land for the project.

White Lodging Breaks Ground on New Autograph Collection® Hotel in Charlotte’s South End

White Lodging will break ground this month on a new Autograph Collection® hotel in Charlotte’s South End neighborhood, marking the company’s fifth Autograph property in its national portfolio of more than 60 hotels. Situated at South Tryon Street and Bland Street – at the heart of Charlotte’s fastest-growing mixed-use corridors – the project is the first full-service lifestyle hotel in South End and underscores White Lodging’s long-term commitment to Charlotte as a priority growth market.

Hotel Equities and We Wai Kai Nation Break Ground on Four Points by Sheraton Campbell River on Vancouver Island

Hotel Equities (HE), a best-in-class hospitality operator, today announces the groundbreaking of Four Points by Sheraton Campbell River in Campbell River, British Columbia. HE will operate the property upon opening under Marriott International's Four Points by Sheraton brand, working alongside We Wai Kai Nation, which owns and is developing the 102-room hotel at 200 Brant Drive. Part of the Quinsam Crossing commercial development, the hotel is anticipated to open in spring 2028.

Hyatt and Green Rock Announce Plans for Armenia’s First Hyatt Regency Hotel

Hyatt Hotels Corporation (NYSE: H) and Green Rock LLC today announced the signing of a franchise agreement for Hyatt Regency Dilijan, which will mark the debut of the Hyatt Regency brand in Armenia. The signing represents another milestone in Hyatt's continued growth across Europe, Africa and the Middle East, expanding its premium full-service portfolio into another strategically important market. The agreement was commemorated during a groundbreaking ceremony in Dilijan, attended by representatives from the Government of Armenia, Hyatt and Green Rock.

Club Med breaks ground in St. Croix, Virgin Islands

Last week, Club Med, the pioneer of the all-inclusive concept with nearly 60 resorts in some of the world’s most desired vacation destinations, and VICI Properties Inc. (NYSE: VICI), an S&P 500 experiential real estate investment trust, broke ground on Club Med St. Croix in a traditional ground breaking ceremony, officially launching the development and brand's return to U.S. territory, while kicking off a new chapter for the all-inclusive industry.

Hard Rock International and Mundo Planalto Celebrate Groundbreaking of Hard Rock Hotel Gramado

Hard Rock International and Mundo Planalto today officially celebrated the groundbreaking of Hard Rock Hotel Gramado, marking a new phase of the construction of the new hospitality development in one of Brazil's premier winter destinations, widely sought after for its colder climate and year-round tourism appeal driven by a vibrant calendar of cultural and seasonal events.

High Hotels Ltd. Begins Construction on First Tempo by Hilton in Pennsylvania, Expanding Brand’s Mid-Atlantic Footprint

High Hotels Ltd., a subsidiary of High Real Estate Group, today announced it has begun construction on a 140-room Tempo by Hilton in Bethlehem’s SouthSide Arts District. The project marks the first Tempo by Hilton in Pennsylvania and represents a strategic expansion of both the Tempo by Hilton brand and High Hotels in the Mid-Atlantic. 

The Nashville EDITION Hotel & Residences Celebrates Groundbreaking

On the heels of closing on $400M in debt and equity financing to build The Nashville EDITION Hotel & Residences (“The Nashville EDITION”), Tidal Real Estate Partners has announced that the development has officially broken ground. The forthcoming Nashville location of international luxury hospitality brand EDITION will rise 28 stories in The Gulch neighborhood and comprise 261 hotel rooms and 84 private condominium residences, fully serviced by the hotel. Residential sales are currently underway, and the building is slated to open in 2028.