Hard Rock Hotel Cancun and Hard Rock Hotel Vallarta will pause operations in summer 2026 for a full renovation, reopening late December 2026 with upgraded rooms, public spaces, and new music memorabilia collections.
Deals span Seoul, Hong Kong, and Macau: IGIS acquires Doosan Tower for hotel repositioning, JD.com converts hospitality assets to student housing, and Wynn Palace secures approval for a USD900M+ expansion.
Preferred Hotels & Resorts added 10 independent luxury properties to its global portfolio in Q2 2026, spanning Bali, Kenya, Belgium, Portugal, Italy, Ireland, and the UAE.
Remington Hospitality takes over management of the 260-room Sheraton Mission Valley San Diego, which will undergo a full renovation and convert to the Hyatt Regency brand by year-end.
LE's Q2 2026 report shows Latin America's pipeline at 759 projects and 111,340 rooms, with early planning up 22% YOY; Mexico, Brazil, and the Dominican Republic lead, and a 2028 forecast debuts at 123 new hotels.
The article outlines a structured, staged approach to confidential hotel asset sales in Latin America and the Caribbean, emphasizing buyer vetting before disclosure to protect asset value and daily operations.
The Access Group is acquiring UK hospitality ATS provider Talent Funnel, which serves 100+ customers across 2,193 sites and handles 75,000 hires annually, with completion expected August 2026.
Ascott signed nine properties totalling 3,200+ units in Vietnam in 1H 2026, growing its country portfolio by over 30% to ~12,000 units across 42 properties in 14 cities.
Sotheby's International Realty opens its 18th Asia office in Ho Chi Minh City, targeting Vietnam's growing luxury residential market amid rising domestic wealth and international investor interest.
Hilton signed three lifestyle properties in Phuket, Chiang Mai, and the Maldives, advancing its goal of surpassing 250 luxury and lifestyle properties across Asia Pacific.
A 50-year hotel consultant breaks down the 133 provisions owners should negotiate in a management contract, arguing the base fee is the least impactful term while buyout rights, revenue definitions, and vendor rebates cause far greater financial damage.
TravelAI acquired Sonder's brand and trademarks from Canadian bankruptcy estates for a court-approved price, relaunching Sonder.com as an AI-powered curated guide to urban stays.
Valor Hospitality takes over management of 8 Mississippi hotels (685 rooms) for Bellamare Development, becoming the preferred operating partner for Bellamare's full-service hospitality projects across the Americas.
Canada's hotel construction pipeline hit a record 345 projects and 47,874 rooms in Q2 2026, up 4% YOY, with LE forecasting 46 new hotels and 5,281 rooms to open in 2028.
Marriott and Misr Italia Properties signed a deal for nine properties totaling 1,500+ keys across Egypt, spanning Ritz-Carlton, Luxury Collection, and Autograph Collection brands.
Rebel Hotel Company adds three lifestyle properties to its management portfolio: Circa 39 Miami Beach, Hotel La Jolla, and Coachman Lake Tahoe, with a repositioning for Circa 39 planned for Q3 2026.
HVS brokers outline how hotel sellers can attract more buyers and close deals by organizing financials early, pricing realistically, and communicating transparently about known risks.
Three European hotel deals covered: Praemia REIM acquires Holiday Inn Genoa City, Atalante and Catinvest buy Hotel Le Pic Blanc in France, and Meridia Capital sells a B&B Hotel in Madrid.
Five Asia Pacific transactions this week include a USD500M Shinsegae-OKO joint venture for Aman and Janu development, two JHR asset swaps in Japan, and hotel sales in Okinawa and Auckland.
The Lancaster Landmark Hotel Company unifies six properties in London and Bangkok under a new brand, with plans to acquire more hotels, launch a collective loyalty programme, and expand its management platform globally.