Marriott International Signs Agreement to Debut St. Regis Hotels & Resorts in New Zealand
The 145-room luxury property marks Marriott's first hotel in Queenstown and St. Regis' debut in New Zealand, opening late 2027.
The 145-room luxury property marks Marriott's first hotel in Queenstown and St. Regis' debut in New Zealand, opening late 2027.
The deal adds 581 keys across six properties in New England, expanding Essex from 11 to 17 hotels and marking its first AC Hotel management.
Hotel Equities takes over management of the 2,000-acre Pacific Northwest resort from GEM Real Estate Partners following recent renovations.
The REIT acquired six Hilton-branded hotels across Missouri, Illinois, and Kentucky at a 10% cap rate while raising its dividend 11%.
WTTC report shows investment will outpace demand growth 4.6% vs 3.3% annually through 2035, with Germany and Spain leading strategic infrastructure spending.
GBTA will host forums in Brisbane, Perth, Melbourne, and Auckland between March and April to address industry challenges amid Australia's AUD 42.7 billion business travel market.
Five African NGOs received grants to support 340+ rural artisans and tourism entrepreneurs, with 60% of beneficiaries being women.
Noble cites Reno's 15 million annual visitors and technology sector growth as key drivers for the riverfront Renaissance property acquisition.
The brand achieved a 135 RGI in Frankfurt, outperforming competitors by 35%, and targets 14 hotels by 2029 across key European cities.
GHA adds 40+ Japanese hotels to its network through partnership with Tokyu Hotels & Resorts, gaining access to prime locations across Tokyo, Osaka, Kyoto and Okinawa.
Peregrine Hospitality adds two premium Northern California properties to reach 59 hotels nationwide, targeting high-demand leisure markets near San Francisco Bay.
Limehome will convert a 114-unit hotel in Brussels' European Quarter into serviced apartments, opening in early 2027.
Native by Numa will add 188 aparthotel units across five properties in London and Edinburgh, following 17% direct revenue growth.
Four major European hotel transactions total over £1.3 billion, including Evolution's £1.1 billion London acquisition and three repositioning projects.
The €40 million conversion will create a 2,500-bed flagship property near Checkpoint Charlie, part of a&o's €500 million expansion backed by StepStone and Proprium.
Minor Hotels signs 145-key NH Collection resort on Pemba Island, scheduled to open February 2030, marking the brand's Tanzania debut.
Four nominees include Brookfield's Barcelona Moxy, EQ Hotels' London Novotel, Pygmalion's 9-hotel Spanish portfolio, and Minor Hotels' Amsterdam Avani.
The newsletter covers five major hotel transactions across Asia Pacific totaling over USD200 million, including conversions and REIT acquisitions.
The 87-unit luxury development will rise 31 stories along the Intracoastal Waterway, marking Mandarin Oriental's first standalone residences in South Florida.
The 150-room property will anchor a AUD $3.8 billion Burswood Point development opening in 2032, marking Anantara's first Australian location.