The Spanish hotel group will explore development opportunities in Jeddah and Yanbu as part of its 13-property expansion plan through 2028.
Middle East leads globally with $183 ARR while the industry shifts toward institutional investors and AI integration reaching 89% adoption by next year.
The acquisition brings Highline's portfolio to 17 hotels worth over $1 billion, with the 298-room property marking their first Pennsylvania investment.
Global hotel pipeline hit 15,922 projects with luxury and upper upscale segments reaching record highs, led by US and China accounting for 62% of projects.
Sonesta International Hotels (Sonesta), the 8th largest hotel company in the US, today announced the successful opening of 29 new properties during the second half of 2025, showcasing Sonesta’s global expansion and continued growth strategy.
The Webster, a new design-forward lifestyle hotel brand, announces its official debut with the opening of The Webster Covent Garden, London in July 2026, followed by The Webster Times Square, New York in Winter 2026. Designed for the culturally curious traveler, The Webster blends thoughtful design, engaging programming, and dynamic social spaces to create a distinctly immersive urban stay in two of the world’s most inspiring creative capitals.
IHG targets 2.3 million independent upscale rooms globally with its 21st brand, aiming for 150+ properties within a decade through conversions.
Three separate acquisitions include a 630-room French budget hotel portfolio, a Premier Inn in Wales with £9.6m financing, and Sandaya's first hotel purchase.
Marriott International, Inc., today announced that its Asia Pacific excluding China (APEC) region delivered another outstanding year of growth and strategic expansion in 2025, marking the region’s third consecutive year of record-breaking development activity. The performance reflects strong intra-region travel demand and continued confidence from owners and developers across diverse markets.
Saudi Arabia leads with 394 projects and Egypt follows with 140, while luxury and upper upscale segments hit record highs across the region.
Five hospitality lawyers from Jeffer Mangels Butler & Mitchell join Blank Rome's Los Angeles and Orange County offices, bringing experience from 4,700+ properties worth $125+ billion.
India leads with 906 projects, while luxury and upper upscale segments drive growth across the region's record-high development activity.
The partnership will develop 6-8 hotels with 3,500 keys across Dubai, Abu Dhabi, Ras Al Khaimah, Riyadh and Jeddah, doubling Premier Inn's current regional portfolio.
The expansion includes management of two iconic properties in Luxor and Aswan plus the brand's first luxury Nile river cruise, all opening in 2027.
The company signed over 200 deals adding 36,000 rooms to its pipeline, with select service brands growing 40% year-over-year.
H World's new Hanting Inn brand targets conversions in lower-tier cities with reduced investment requirements and modular renovation standards.
The November 2026 event will focus on Egypt's $9B hospitality market opportunity, driven by record tourism and branded residences growth.
Knight Frank report shows 94,500 hotel rooms under construction, with 75% focused on luxury segment as the Kingdom targets 150 million annual visitors by 2030.
Dreamscape took over management of two Holiday Inn properties totaling 215 rooms, with the full-service location featuring 38,000+ square feet of event space.
The report shows 1,717 projects totaling 252,600 rooms across Europe, with early planning stage hitting record highs and luxury segment reaching historic project counts.