Meghan Markle-branded hotels might be in the works
Duchess of Sussex to follow hotel-partner celebs such as Lionel Messi
The British media is going gaga with the news that Meghan Markle is open to the idea of using her name to market hotels.
5 things to know for June 6
Today’s headlines: India slashes interest rates by 50 basis points; EasyHotel CEO Malak talks Tristan Capital takeover; Starwood Capital’s Sternlicht discusses hotel industry success; US hotel stocks rebound; Electronic key-cards market to hit $12.8 billion by 2032
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EasyHotel’s Malak confident in higher hotel quality, market share growth following Tristan Capital acquisition
The budget brand is open to franchising
Karim Malak is feeling content.
5 things to know for June 5
Today’s headlines: Tristan Capital closes EasyHotel acquisition; US airlines’ checked baggage revenue soars to more than $7 billion; US bans, restricts travelers from 19 countries; US posts negative hotels metrics across the board; Ares places 11 hotels on market from £400 million Landsec deal
Editor's Note: Some linked articles may be behind subscription paywalls.
Tristan Capital completes EasyHotel acquisition for €242 million
Deal sees Tristan now own more than €1 billion in hotel assets
London-based investment firm Tristan Capital Partners is the new owner of budget hotel brand EasyHotel.
5 things to know for June 4
Today’s headlines: Dalata rejects Pandox-Eiendomsspar takeover bid; IOI to take full ownership of $2 billion South Beach Singapore from CDL; US increases steel tariffs to 50%; Victoria Hotels sells two Spanish assets for €74 million; Lagos, Nigeria, rolls out hotels licensing scheme
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Malaysia’s IOI to take full ownership of $2 billion South Beach Singapore from CDL
Mixed-use development contains a 634-room JW Marriott hotel
Malaysian firm IOI Properties Group has agreed to buy a 50.1% stake in the mixed-use South Beach Singapore from the property’s joint-venture partner Singapore investment firm City ...
5 things to know for June 3
Today’s headlines: Pandox, Eiendomsspar propose €1.27 billion Dalata acquisition; JVSPAC and The Philippines’ Hotel101 move closer to merger; Takeaways from the first day of NYU IHIF; OECD claims tariffs will hurt global economic growth; Eurozone on course to be first major trading market to curb inflation
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Dalata Hotel Group rejects €1.27 billion acquisition bid from Pandox, Eiendomsspar
Irish hotel firm has been under strategic review and open to offers
(Editor's note: This article was updated on June 4 with Dalata Hotel Group's response to the acquisition offer.)
5 things to know for June 2
Today’s Headlines: Rome Edition refinanced to tune of €96 million; One-third of UK hospitality business running at loss; UK's first redesign of air routes since 1950s; India’s Leela Hotels marks first publicly listed day with more than 6% discount; Asian manufacturing sector output falls in shadow of US tariffs
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Rome Edition completes €96 million refinancing
Owner Gruppo Statuto acquired the hotel in October 2023 for €245 million
London-based private-equity firm Global Hospitality Investment Group announced it has completed the issue of €96 million ($109 million) of senior secured notes to refinance the 93-...
Pedestrianizing London’s Oxford Street makes total sense
Hospitality must be at the heart of any major walk-only thoroughfare
Last September, U.K.'s Deputy Prime Minister Angela Rayner and Mayor of London Sadiq Khan launched a proposal to transform London’s best-known street, Oxford Street, into a pedestr...
Behind Accor's plans to expand its hotel business in India through partnerships
Accor’s Gaurav Bhushan to chair new Accor-InterGlobe platform
Accor is going big in India, the country with the world’s largest population and, according to sources, the next major market for both domestic travel and inbound and outbound inte...
Genefim acquires Valencia’s Exe Rey Don Jaime hotel for €50 million
Atom Hoteles sold another Spanish hotel in December for more than twice the amount
Paris-based investment firm Genefim (Société Générale Group) has acquired the 319-room hotel Exe Rey Don Jaime in Valencia, Spain, from Atom Hoteles SOCIMI for €50 million ($56.5 m...
Marriott's regional collection brand Series will debut in India
First deal is with India’s Fern Hotels & Resorts
Marriott International, the world’s largest hotel firm by hotel count and market capitalization, has launched a new soft brand, Series by Marriott.
IHG brings Regent brand back to Australia in major luxury, lifestyle hotel repositioning deal
Partnership between IHG, Salter Brothers involves six Australian hotels
IHG Hotels & Resorts and Sydney-based owner and investment firm Salter Brothers have signed a long-term agreement for a major luxury and lifestyle hotel investment in Australia.
Owner of India's Leela Palaces seeks reduced IPO
Smaller debt load values offering at $409 million, down 30% since Schloss Bangalore's initial estimates
Schloss Bangalore, the parent company of hotel firm Leela Palaces, Hotels & Resorts, plans to issue shares for its initial public offering at significant discount.
Europe, Middle East and Africa hotel deals and developments: Achernar Assets acquires Riviera Marriott Hotel La Porte de Monaco
Hyatt debuts in Croatia with Hyatt Regency Zadar
This roundup features the latest hotel deals and developments in the Europe, Middle East and Africa region.
Busy hotel investors keep transactions pace steady in Dublin
Deka Immobilien's Ruby Molly acquisition was Ireland's second-largest property deal in the first quarter
Travel demand and hotel investment continue to sizzle in Dublin, Ireland.
UK hoteliers must reevaluate recruitment strategies in light of new immigration proposals
Costs and barriers will go up
The United Kingdom is a small country with a large population.