Development

Erqole Continues Investments In Italy With The Acquisition Of Boutique Hotel Torre Di Cala Piccola On Argentario Island

The charming Boutique Hotel Torre di Cala Piccola in Monte Argentario, which had been owned for 30 years by Cala Piccola SpA, is now part of Erqole; a company within the Swedish group, Qarlbo AB, owned by the Jonsson family. As part of its growing Italian portfolio, Erqole owns and manages the new boutique hotel on the island, LA ROQQA, and its exclusive beach club, Isolotto, in addition to managing the restyling of Fattoria La Capitana in Magliano, province of Grosseto, and the complete renovation of Cirio, a former fishing plant in Porto Ercole that has been abandoned for 40 years and is being transformed into a luxury hotel by architect, Marco Casamonti (Archea Associati architecture studio). Through this acquisition, Erqole endeavors to broaden its portfolio of unparalleled hospitality within Argentario and reinforce the Jonsson family’s vision of long-term revitalization of the region.

Meliá Will be Unveiling the First 5-Star Hotel in the Historic Center of Cadiz City

Meliá Hotels International, Spain's leading hotel company and a global hospitality giant, has announced the signing of its 28th hotel in Andalusia (Spain). This property is slated to be the premier luxury five-star hotel in the historic center of Cadiz city, operating under the distinguished Meliá Collection brand. The hotel's launch is scheduled for 2026 and will involve the transformation of two adjacent architecturally protected buildings on Alameda Apodaca, nestled between Zorrilla and General Menacho streets. These buildings, located in the San Carlos neighborhood and parallel to the sea, will give rise to this boutique hotel.

R Collection Hotels Expands Portfolio with Two New Italian Mountain Retreats

R Collection Hotels, owned by the Rocchi Family, announces its expansion into two distinguished mountain destinations with the official grand opening of two prestigious leisure hotels: Montana Lodge & Spa in La Thuile and Grand Hotel Courmayeur Mont Blanc in Courmayeur. Both properties are 5-star boutique retreats nestled along the northern border between Switzerland and France.

Vail Resorts to Acquire Crans-Montana Mountain Resort in Switzerland, the Company's Second Ski Resort in Europe

Vail Resorts, Inc. (NYSE: MTN) announced today that it has entered into an agreement to acquire Crans-Montana Mountain Resort in Switzerland from CPI Property Group ("CPIPG"). Crans-Montana Mountain Resort spans over 1,400 meters (approximately 4,593 ft) of skiable vertical terrain, and 140 kilometers (approximately 87 mi) of trails. Accessible from five airports and by train, Crans-Montana Mountain Resort is located in the Valais canton of Switzerland, approximately two and a half hours from Geneva and less than four hours from Milan and Zurich. The resort is two and a half hours away from the company's other owned and operated European resort in Andermatt-Sedrun.

Hilton Expands in Türkiye with More Than 1600 Rooms Planned Under Five of its Brands

Hilton (NYSE: HLT) has confirmed plans to rapidly increase its presence in Türkiye, with 11 new hotels planned across the country. Building on a legacy of hospitality which dates back almost 70 years, Hilton's total Turkish development pipeline of 34 hotels now includes properties under 10 of its award-winning brands, four of which will be brand firsts in Türkiye. Hilton has more than 100 hotels trading and under development in Türkiye and is one of the company’s largest operating markets globally.

Accor and Construcții Erbașu consolidate partnership

World leading hospitality group Accor announces the strengthening of its ongoing partnership with renowned local company Construcții Erbașu, through the signing of hotel management agreements for two new hotels in Bucharest and Oradea and the extension of the existing management agreement for ibis Styles Bucharest Erbas.

Minor Hotels To Debut in Paris with Addition of Three Hotels

Minor Hotels, an international hotel owner, operator and investor with more than 540 hotels in 56 countries in Asia Pacific, the Middle East, Africa, the Indian Ocean, Europe, South America and North America, announces its debut in the French capital with the upcoming addition of three four-star hotels. The group will launch three NH Hotels in Q1 2024, with one of the properties to be rebranded as NH Collection in 2025 following a renovation.