IHCL Clocks 20 Signings and 11 Hotel Openings in Q1 FY2027
IHCL signed 20 hotels and opened 11 in Q1 FY2027, bringing its total portfolio to 645 hotels with a pipeline of 263, on track for its 700-hotel Accelerate 2030 target.
IHCL signed 20 hotels and opened 11 in Q1 FY2027, bringing its total portfolio to 645 hotels with a pipeline of 263, on track for its 700-hotel Accelerate 2030 target.
IHG now operates 200+ hotels in Canada with nearly 40 more in the pipeline, including first voco signings in Montreal, Toronto, Vancouver and Niagara Falls, and a Garner debut in Alberta in 2027.
IHG has 48 open hotels and 62 in the pipeline in Saudi Arabia, with Six Senses, Regent, Kimpton, Hotel Indigo and Vignette Collection all entering the market by 2028.
ITC Hotels signed a management agreement for a 101-key Welcomhotel in Gandhinagar, Gujarat, targeting business, leisure, and MICE segments with over 56,000 sq ft of event space.
The Standard, Brussels becomes the first Hyatt-affiliated hotel in Belgium, allowing World of Hyatt members to earn and redeem points at nearly the full Standard portfolio.
IHG's four new signings in Italy include a dual-branded Crowne Plaza and Staybridge Suites in Milan, a Hotel Indigo in Alberobello, and a Garner in Turin, bringing its Italian portfolio past 50 open and pipeline properties.
Blue Flag Capital and Collared Martin Hospitality open two new Faraway-branded hotels in Sag Harbor, NY (67 rooms) and Jackson Hole, WY (90 rooms, 48 residences), marking the brand's first expansion beyond New England.
Hilton opens its first two Spark by Hilton hotels in Bengaluru and Goa, launching the brand in Asia Pacific under a strategic deal with Olive Hospitality to develop 150 properties across India.
Nobu and Egyptian developer SODIC are bringing three hotel, residences, and restaurant destinations to Egypt spanning the North Coast, New Cairo, and West Cairo, with openings phased through 2027.
Hyatt and Hall Structured Finance have launched a dedicated loan program for Hyatt Studios newbuild projects, offering developers higher leverage and faster capital access than conventional lending structures.
Ascott and Sun Group signed agreements for four new properties in Ho Chi Minh City and Phu Quoc, bringing Ascott's Vietnam portfolio to 40 properties and over 10,100 units, with all projects slated to open in 2028.
Marriott acquires a stake in Italian luxury wellness brand Lefay via joint venture with the founding Leali family, adding two properties in Italy with more under development across Tuscany, Southern Italy, and the Swiss Alps.
Accor and Fijian-owned Yavu Collective signed a deal to open three hotels under Sofitel, The Sebel, and TRIBE brands by 2027, adding over 370 keys to Denarau Island and Nadi.
Choice Hotels' Everhome Suites hits 30 properties with a Georgetown, TX opening, backed by 40 hotels in the pipeline and nearly half of all new U.S. economy/midscale extended stay construction.
The portfolio spans 1,500 keys across Jaipur, Navi Mumbai, Mangaluru, and Thiruvananthapuram, marking Kimpton's India debut.
Hyatt partners with Dossen Group to exclusively develop Hyatt Select hotels across Chinese Mainland, targeting upper-midscale market.
The 100-room hotel will anchor a $640 million mixed-use development in Crows Nest, opening in late 2027 as part of a 212-apartment complex.
Hilton added more than 400 hotels across the Americas in 2025, with 59 winners selected from these openings based on development excellence and innovation.
Two 200-key Holiday Inn properties will open in 2029 and 2030, adding to IHG's 10 existing Egypt hotels and 23-property pipeline.
Kline led franchise development for 12 years at My Place Hotels and sold over 800 franchise units during his 40-year hospitality career.