IHCL and Oriental Hotels Limited Announce Merger
IHCL will absorb associate company OHL via an all-stock deal at 25 IHCL shares per 117 OHL shares, folding in seven hotels and 825 rooms, with completion targeted in H2 FY2028.
IHCL will absorb associate company OHL via an all-stock deal at 25 IHCL shares per 117 OHL shares, folding in seven hotels and 825 rooms, with completion targeted in H2 FY2028.
HVS Europe's weekly bulletin covers three hotel transactions: BNP Paribas selling a Madrid hotel for €80M, HWS acquiring IntercityHotel Kiel, and Townhouse Hotels buying two properties in Breda.
The Bench rebrands its Branded Residences Forum as FHS Living, expanding scope to cover student, senior, co-living and mixed-use assets across Dubai, Cairo, Paris, and Riyadh editions.
IHG and GCP Hospitality have signed a 14-hotel, 1,063-room conversion deal in Kyoto, one of Japan's largest such portfolio agreements, anchored by 12 Garner hotels converting over the next 12 months.
BWH Hotels' Aiden brand reports four recent openings across Germany, Thailand, and the US, with four more properties slated for 2026-2027 including its Canadian debut in Toronto.
HSMAI Europe will develop and manage HSMAI activities in Turkey starting August 2026, with a formal launch planned for early 2027 including an Advisory Board and events program.
Fusion Hotel Group integrates Topotels' seven Indonesian midscale properties under the Ayola and Odua brands, expanding its footprint across Jakarta, Bandung, and Surabaya.
Gulf Hotels Group signs an MOU with Silva Gigiri Ltd to manage a USD 30M upper-upscale hotel and branded residence in Nairobi's diplomatic district, targeting a 2028 soft opening.
Meyer Jabara Hotels will manage the 36-room Reitz Union Hotel at the University of Florida, its first university property, with plans for expanded sales, marketing, and potential renovation within two years.
IHG signs five new hotels in Taiwan, including the market debut of HUALUXE, and launches a LINE MINI App for its 160M-member IHG One Rewards program.
Kennedy Lewis Investment Management and the Justice Family Group completed a joint venture for The Greenbrier resort in West Virginia, with Lloyd Nathan appointed as board chairman to oversee long-term capital investment.
HVS weekly roundup covers four hotel acquisitions across South Korea, Australia, Thailand, and Japan, plus South Korea's designation of Gyeongju and Haeundae as Global Tourism Special Zones.
OTH Hotels Resorts adds Heritage Hotel Conference Center in Southbury, CT and DoubleTree by Hilton Binghamton to its portfolio, marking its first management contracts in Connecticut and New York.
HHM Hotels absorbs Wurzak Hotel Group's managed portfolio, adding premium and lifestyle properties in Philadelphia and South Florida including The Dalmar and Moxy St. Petersburg.
Williams, who helped grow ESA's franchise portfolio to nearly 200 hotels, will retire at end of 2026; the company is actively recruiting his successor.
Valor Hospitality takes on management of The Monsaraz in Point Loma, its first West Coast property, with plans to expand further into California and other Western states.
Europe's Q2 2026 pipeline totals 1,736 projects and 255,976 rooms, up 3% YOY, with early planning at a record high and 307 new hotels forecast to open in 2026.
The Middle East pipeline hit a record 724 projects/178,003 rooms in Q2 2026, led by Saudi Arabia's 387 projects; LE forecasts 102 new hotel openings in 2028.
Reuben Brothers and Three Rules Capital received approval for Esencia, a $2B+ master-planned resort on Puerto Rico's southwest coast featuring Mandarin Oriental and Rosewood hotels, 1,200 residences, and a first opening targeted for late 2029.
Four transactions across Singapore, South Korea, Japan, and Hong Kong total hundreds of millions in deal value, spanning acquisitions, a planned hotel redevelopment, and a serviced apartment sale.