Singaporean investor GIC has taken the joint largest stake of Mediterranean resort firm Sani/Ikos Group (SIG) alongside SIG’s management team.
CapitaLand Investment Limited’s The Ascott Limited division has unveiled a refresh of its Citadines aparthotel brand, while it has 80 properties under development across 56 cities.
Dutch boutique hotel firm Eden Hotels has revealed capital investment plans and created a new parent corporate company, Zien Group.
Bourne Leisure and funds managed by investor Blackstone’s private equity and real estate businesses have agreed to the sale of Butlin’s, the iconic British seaside resorts.
Hotel management company Aleph Hospitality, is to open a Saudi Arabian office as part of efforts to solidify its Middle Eastern footprint.
Radisson Hotel Group continues to plan big for its African expansion, underlining that it is looking at further opportunities on the continent.
Wyndham Hotels & Resorts has acquired Austrian hotel brand Vienna House for €44 million.
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Dalata Hotel Group intends to expand further into Europe off the back of a strong first half of 2022.
Real estate specialist Omnam Group and investor Mohari Hospitality have formed a strategic partnership targeted to increase the scale and scope of their developments in lifestyle and luxury hospitality, food and beverage outlets and leisure offering throughout Europe.
Canada Pension Plan Investment Board (CPP Investments) and hotel operator Hamilton-Pyramid Europe have established a joint venture focused on the European hospitality sector.
Swiss-headquartered Aman Group has received $900 million of finance from private investment firm Cain International together with Saudi Arabia’s Public Investment Fund.
UK-headquartered group IHG Hotels & Resorts has increased the proportion of its converted properties to around a quarter of its signings and openings.
Millennial and Gen Z-targeted hotel brand Selina is employing rapid conversion techniques to quickly expand its global portfolio.
Radisson Hotel Group is set to achieve a fourfold growth of its footprint in Vietnam by opening a dedicated representative office and significantly boosting its portfolio of properties in the country by 2025.
Major global hotel group Accor is keeping a stable rate of new hotel developments as it evolves its structure to capitalise on its recent transformation.
Spanish chain Meliá Hotels International is on track to sign up at least 40 new hotels with more than 9,000 rooms in 2022.
Thai-headquartered hotel operator Centara Hotels & Resorts has signed a Memorandum of Understanding (MoU) with China’s Luxemon Hotel Group to accelerate its Chinese expansion.
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Radisson Hotel Group is reporting its rapid African expansion is keeping it on target to have 150 properties open across the continent by 2025.
Leading group, Wyndham Hotels & Resorts, now has a record number of rooms in its development pipeline after a strong financial quarter.
Major hotel group Hilton Worldwide is moving ahead with hotel developments following a positive financial quarter.
US group Wyndham Hotels & Resorts is pursuing Chinese growth, according to data from TOPHOTELPROJECTS.
Hotel operator Aimbridge Hospitality has welcomed experienced hospitality industry executive Allison Reid to the newly-created role of chief global growth officer.
Major hotel group Accor has completed a transaction with Australian fund manager Salter Brothers which adds 10 sites in the country to its portfolio.
Wyndham Hotels & Resorts has entered into a strategic alliance with Spain’s Palladium Hotel Group to expand its luxury Registry Collection hotels with 14 all-inclusive resorts.
Hilton Hotels Corporation’s extended stay brand, Home2 Suites by Hilton, will continue its dominance in the US, with nearly 50 further sites planned, according to the TOPHOTELPROJECTS database.
CapitaLand Investment Limited (CLI) lodging business, The Ascott Limited, is acquiring serviced apartment provider Oakwood Worldwide from Mapletree Investments.
IHG Hotels & Resorts has signed a strategic alliance framework agreement with long-term partner Sun Hospitality Group to boost its presence in Vietnam.
According to the TOPHOTELPROJECTS construction database, the Somerset Serviced Residence brand is set to open more than 40 new properties.
Beach resort brand Outrigger Hospitality Group has revamped its high ranking personnel, with four appointments to position it for long term growth.
Global hotel operator Accor has reorganised the group’s format into two segments: Economy, Midscale & Premium and Luxury & Lifestyle.
Veteran Edition Hotels executive Josh Fluhr has become the brand’s new senior vice president and global MD, taking over from long-time executive Dan Flannery.
According to the TOPHOTELPROJECTS database, Marriott Bonvoy brand AC Hotels is keen to further grow its presence in the USA, with nearly 65% of its upcoming developments located in the country.
Radisson Hotel Group is establishing regional offices across the globe as it pushes forward with its ambitious expansion plans.
Private investor Blackstone has acquired Crown Resorts in the firm’s largest investment to date in Asia Pacific.
IHG Hotels & Resorts is pulling out of Russia following its invasion of Ukraine, putting a stop to at least five prospective constructions.
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Analysis from the TOPHOTELPROJECTS database shows that the Radisson Hotel Group will add more than 40,000 rooms to its offerings
Sheraton Hotels & Resorts is building momentum for its brand reinvention across Europe, the Middle East, and Africa.
Abu Dhabi based hotel management company Rotana has refreshed its senior team to bolster its rapid growth.
According to the TOPHOTELPROJECTS construction database, the Pullman Hotels brand has a significant 49 new projects in the pipeline.
US-based hotel management and investment company Pacific Hospitality Group has promoted Garrett S. Busch to the role of president.
Choice Hotels International is to acquire Radisson Hotel Group Americas, bringing nine brands, 624 hotels and over 68,000 rooms under its umbrella.
According to the TOPHOTELPROJECTS construction database, Fairfield Inn & Suites is currently planning as many as 58 projects.
Wyndham Hotels & Resorts’ Trademark Collection is positioned to continue its significant momentum with 75 hotels in the development pipeline.
Langham Hospitality Group has hired Markus Aklin as vice president – development, Asia Pacific, with a mission to accelerate growth in the region.
IHG is celebrating 6,000 open hotels by unveiling the ‘6,000 Club’ of recent hotel debuts, showcasing the global reach of its 17 brands.
IHG’s Hotel Indigo, Crowne Plaza and Holiday Inn Express brands are heading to vibrant mixed-use development Hoian d’Or near a UNESCO heritage site in central Vietnam.
Hyatt has welcomed Javier Águila from group brand Apple Leisure to deliver continued strategic growth in the Europe, Africa & Middle East (EAME) region.
