Frasers Hospitality to open 18 new serviced and hotel residences across Asia by 2028
The expansion includes a flagship Fraser Suites in Bangkok and properties across Malaysia, Indonesia, Vietnam, China and Japan targeting extended-stay guests.
Press Releases
Marriott International Fuels Growth Plans in Greece with the Announcement of Nine Deal Signings
Nine signings add nearly 1,000 rooms to Marriott's Greece portfolio, marking the debut of Residence Inn and Le Méridien brands in the country.
Accor signs a memorandum of understanding on the sale of its stake in Essendi
Accor will sell its 30.56% Essendi stake to Blackstone-Colony consortium for up to €975M, converting portfolio to 20-year franchise deals.
Kempinski Group announces the acquisition of Augustine Hotel Prague
The 101-room Augustine Hotel Prague, housed in an 800-year-old monastery, marks Kempinski's first acquisition in over 50 years.
Chedi Hospitality Announces Strategic Partnership with JIH Global Investments to Enter the Maldives with Boutique Hotel and Branded Residences
Chedi Hospitality partners with JIH Global to develop its first Maldives property featuring both boutique hotel and branded residences.
The Africa Hospitality Investors Council (AHIC), powered by the Energy & Environment Alliance (EEA), launches at Future Hospitality Summit (FHS) Nairobi
The council will coordinate $400bn in hotel assets to improve investment conditions and unlock hospitality projects across Africa.
Highline Hospitality Partners Acquires Historic Westin Poinsett in Greenville, SC
The acquisition brings Highline's portfolio to 19 hotels with over $1.6 billion in assets, with HEI Hotels managing the property.
Centara Hotels & Resorts and OR partner to Launch New Budget Hotel Brand
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 First Group Hospitality and MIDROC Investment Group Sign Master Agreement for 10 Properties in Ethiopia
The partnership will deliver 1,140 keys across six Ethiopian cities between 2026-2031, including Marriott-branded and independent properties.
Radisson Hotel Group Surpasses 100 Hotels in Africa, Accelerating 2030 Growth Ambition
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 Acquires Sheraton Raleigh Hotel, Shares Planned Renovation and Westin Conversion
White Lodging acquired the 353-room downtown property and plans to convert it from Sheraton to Westin with renovations starting in early 2027.
IHG Introduces Garner Hotels to Greater China
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 Resorts expands its presence in Portugal through a partnership with HIP, with the addition of Cascade Wellness Resort in the Algarve
Domes takes management of the 164-room five-star property in Lagos, marking its third property outside Greece in partnership with Blackstone-backed HIP.
Cycas to rebrand as Vertiq
The merger combines Vertiq Capital's investment expertise with Cycas's operations to manage 35+ hotels across eight European countries.
Alila Kothaifaru Maldives Reimagines Group Getaways with New Multi-Bedroom Villas Designed Around Shared Experiences
The resort debuts Two-Bedroom Beach Pool Villas and Boduge Residence with dedicated hosts, outdoor dining, and flexible layouts targeting family and group travelers.
Marriott International and Lefay Announce Milestone Deal to Grow Luxury Wellness Offerings Globally
The deal adds Lefay's five existing and pipeline luxury wellness resorts to Marriott's portfolio, marking the company's first wellness-exclusive brand.
Swiss-Belhotel International Accelerates Indonesia Expansion
Swiss-Belhotel signed multiple management contracts across 8 Indonesian cities in Q1 2026, targeting 530 operating properties globally by 2033.
Atwell Advances Its Footprint in Greater China with “New Territorial Home”, Deepening Its Lifestyle Positioning
IHG's lifestyle brand opens its second Greater China property in Hefei, with plans to expand into Suzhou, Nanjing and Guangzhou.
IHG Hotels & Resorts to bring luxury hospitality to the heart of Delhi with signing of InterContinental Eros New Delhi Nehru Place
The 216-room property will reopen in 2029 after renovation, marking IHG's continued luxury expansion in India with 89 hotels in development.
L Catterton Real Estate and Cedar Capital Partners Launch Strategic Luxury Hospitality Platform with Two Iconic Luxury Hotel Acquisitions in France and Portugal
The joint venture targets 10-15 landmark properties, starting with Garden Beach Hotel in Juan-les-Pins and Penha Longa Resort near Lisbon.