Aimbridge assumes management of 10 Hilton, Marriott, and Hyatt select-service hotels owned by a Prospect Ridge and Fulcrum Hospitality joint venture, spanning seven U.S. states.
Artotel Group now manages four U Stay properties in Jakarta and Bali under its "by ARTOTEL" brand, adding 250 rooms, with U Stay targeting 50 hotels and 5,000 rooms over the next three years.
Royal Caribbean Group will acquire a 50% equity stake in Sandals and Beaches Resorts for approximately $3 billion, with the deal expected to close in early 2027 pending regulatory approvals.
Top hospitality investors share views ahead of FHS World 2026 in Dubai, citing cost inflation, geopolitical risk, and selective conviction as defining the current investment climate.
IHG signs two Tokyo hotels under its new Noted Collection brand: a 207-key Shinjuku conversion opening 2027 and an 81-key Ginza new-build opening 2029, marking the brand's Japan debut.
Three Asia-Pacific hospitality deals covered: GIC buys 16 Japanese hotels from KKR for JPY200B, Pebblestone bids KRW500B for Seoul's Hyde Park Myeongdong, and Shorea Capital acquires Hong Kong's Pemberton for conversion.
WTTC, JATA and Tourism EXPO Japan signed an MOU to boost collaboration, as Japan's travel sector hit $343.1B in GDP contribution and ranked 7th globally for international visitor spending.
Field & Stream Lodge Co., backed by Starwood Capital Group and AJ Capital Partners, will convert former Shilo Inn and Holiday Inn Resort properties in Bend and Big Bear into adventure-focused lodges opening in 2028.
Landingplace Hotels launched Borderless Hotel Alliance, a platform giving independent hotels access to tech, distribution, and loyalty resources without requiring a brand change, signing a Virginia Beach property as its first member.
Explora Journeys signed a Letter of Intent with Dutch shipbuilder Den Breejen Shipyard to build its first luxury river ships, with sales planned to open in 2027.
KKR has sold 16 Four Points Flex by Sheraton hotels across 11 Japanese cities to an unnamed global institutional investor, following a renovation and repositioning program launched after its 2024 acquisition from Unizo Holdings.
MGM Resorts' Board reaffirms its standalone strategy after People Incorporated withdrew its acquisition proposal, citing Las Vegas leadership, regional properties, BetMGM, and MGM Osaka as key value drivers.
Jesús Parrilla, former CEO of Explora Hotels, launches Experiential Hospitality Group, a multi-brand company focused on remote and urban-edge destinations designed around guests' emotional state on arrival.
Aroundtown signed 20-year leases with Leonardo Hotels for two Berlin Alexanderplatz properties totaling 624 rooms, rebranded from the former H2 and H4 hotels.
My Place Hotels relaunched Trend by My Place at its 2026 Miami convention as a three-tier franchise platform targeting independent owners and conversion candidates seeking national distribution without heavy capital requirements.
HVS data shows 200,000 rooms worth $90B in the GCC and North Africa pipeline, with Saudi Arabia leading at 110,000 rooms and over 55% of supply due by 2030.
Minor Hotels and Grupo Petra signed two agreements in Madrid: a strategic partnership to develop NH, NH Collection, and Tivoli hotels across Paraguay, plus a management contract for a 116-room NH hotel in Asunción due in late 2029.
IHG signs a two-hotel franchise deal in Malaysia, introducing the Garner brand and its franchise model to the country, with properties in Kota Kinabalu and Tawau opening between 2027 and 2029.
Stonebridge takes over management of the 282-room Courtyard and Element by Marriott Atlanta Midtown, with plans to grow F&B revenue and leverage 11,000 sq ft of event space.
Mulpha Australia acquires a one-third stake in the 781-room Novotel and ibis Sydney Darling Harbour alongside Sun Hung Kai Co. and Wentworth Capital, with Accor continuing as operator.