The council will coordinate $400bn in hotel assets to improve investment conditions and unlock hospitality projects across Africa.
The acquisition brings Highline's portfolio to 19 hotels with over $1.6 billion in assets, with HEI Hotels managing the property.
Centara and OR will invest THB 700 million to develop six budget hotels adjacent to PTT stations, with 69-120 rooms priced from THB 800-1,300 per night.
The partnership will deliver 1,140 keys across six Ethiopian cities between 2026-2031, including Marriott-branded and independent properties.
The group signed 15+ hotels and 2,500+ rooms in the last 12 months, entering DRC and Zimbabwe markets with conversions driving growth.
White Lodging acquired the 353-room downtown property and plans to convert it from Sheraton to Westin with renovations starting in early 2027.
IHG's 14th brand in Greater China targets the growing conversion market with flexible renovation models and has already opened in Beijing's 798 Art District.
Domes takes management of the 164-room five-star property in Lagos, marking its third property outside Greece in partnership with Blackstone-backed HIP.
The merger combines Vertiq Capital's investment expertise with Cycas's operations to manage 35+ hotels across eight European countries.
The resort debuts Two-Bedroom Beach Pool Villas and Boduge Residence with dedicated hosts, outdoor dining, and flexible layouts targeting family and group travelers.
The author argues that reliable hotel feasibility studies must prioritize surviving downturns over proving upside, requiring independent analysis and comprehensive stress testing.
The deal adds Lefay's five existing and pipeline luxury wellness resorts to Marriott's portfolio, marking the company's first wellness-exclusive brand.
Industry newsletter examines major hotel brands' outdoor hospitality plays and independent operators driving the landscape hotel category forward.
Swiss-Belhotel signed multiple management contracts across 8 Indonesian cities in Q1 2026, targeting 530 operating properties globally by 2033.
IHG's lifestyle brand opens its second Greater China property in Hefei, with plans to expand into Suzhou, Nanjing and Guangzhou.
The 216-room property will reopen in 2029 after renovation, marking IHG's continued luxury expansion in India with 89 hotels in development.
The joint venture targets 10-15 landmark properties, starting with Garden Beach Hotel in Juan-les-Pins and Penha Longa Resort near Lisbon.
Regal Oriental Hotel sold at 7.8% discount to valuation for conversion to student housing, while Southside by Ovolo fetched HKD500 million.
Amora Hotels will take over and transform the Adelaide city center property with a $73 million renovation completing in mid-2027.
The 92-key property will be strategically positioned near UNESCO World Heritage monuments and is scheduled to open in Q3 2027.