HVS Asia Pacific Hospitality Newsletter - Week Ending 17 April 2026
The newsletter covers major hotel transactions across Japan, Australia, and Malaysia, including Hoshino's JPY4.65B sale in Okinawa and CLI's USD320M credit fund closing.
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Hotel Equities Announces Three Additions to Its Focused Service Portfolio
Hotel Equities adds three properties across Ontario, Florida, and Texas, expanding its third-party management platform to over 200 hotels.
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.
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.
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.
Dreamscape Hospitality Assumes Management of Courtyard by Marriott Bradenton Sarasota/Riverfront
Dreamscape takes over the 153-room riverfront property in downtown Bradenton effective March 24, expanding its Marriott portfolio.
OTH Hotels Resorts Continues East Coast Expansion with Two Gettysburg, Pennsylvania Hotels
Virginia-based management company adds 400 rooms through Courtyard and Wyndham properties, bringing its portfolio to 18 hotels.
IHG signs Crowne Plaza Resort in Sohna, Gurgaon NCR
The 150-room resort will target wedding celebrations and corporate events, opening Q1 2029 in the National Capital Region.
Charlestowne Hotels Expands National Footprint with Impactful Development Pipeline
Charlestowne Hotels announced eight development projects opening through 2028, including adaptive reuse properties in Santa Fe and Milwaukee, plus Tribute Portfolio hotels in Mississippi and Utah.
Highline Hospitality Partners Acquires Hilton DFW Lakes Executive Conference Center in Grapevine, Texas
The 397-room lakeside property brings Highline's portfolio to 18 hotels and $1.5 billion in assets under management.
ALH Grows to 3,000 Rooms with Major Central Texas Expansion
The family-owned management company added 1,000 rooms across Central and South Texas, elevating Scott Austin to COO to oversee the expanded operations.
Hyatt Announces Signing of Agreement for Hyatt Place Ahmedabad Nikol, Expanding Its Essentials Portfolio in India
The 140-key property, developed by Golden Buildcon, will include a ballroom and meeting spaces in Gujarat's commercial hub.
Hyatt Strengthens All-Inclusive Portfolio in the Dominican Republic with Plans for New Hyatt Ziva Resort in Punta Cana
The 650-room resort will open in 2029 as part of Hyatt's expansion in Dominican Republic, adding to 150+ all-inclusive properties across the region.
Raines Tapped to Manage Courtyard by Marriott Columbus
Krish Hotel LLC purchased the 110-room property in December 2025 and selected Raines based on existing client referrals.
Essex Hotel Management Partners with Larkin Hospitality to Add Six Properties to Management Portfolio
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 Assumes Management of Sun Mountain Lodge in Winthrop, Washington
Hotel Equities takes over management of the 2,000-acre Pacific Northwest resort from GEM Real Estate Partners following recent renovations.