ROSEWOOD UNVEILS RESIDENCES IN MEXICO: Rosewood Hotels & Resorts has announced its new residential offering, Rosewood Residences Old Lighthouse in Los Cabos, Mexico, in partnership with the Coppel family. Spanning 550 acres on the southernmost edge of the Baja Peninsula, this marks Rosewood’s first fully branded standalone residential community. Built in 1905, the El Faro Viejo “The Old Lighthouse” sits atop the cliffs and is the oldest standing structure in the region. The site has been preserved by the Coppel family for more than 25 years. The luxury residential development will feature 144 residences, ranging in size from 4,000 to more than 10,000 square feet, as well as turnkey luxury villas. The homes will be curated by architects Gomez Vazquez International and interior designers Studio Lifestyle. The oceanfront property will also offer entertainment and gathering spaces designed by architect Manuel Cervantes Céspedes and interior designer Bibiana Huber Diaz. Services and amenities include a fine dining restaurant with a private dining room, a bar offering live entertainment, an outdoor events facility, a beach club, several swimming pools, beachfront dining, a spa, sports fields and a fitness center. Residents can also access a private Jack Nicklaus Signature golf course and practice facility. Sales will begin later this year. Rosewood Residences’ current portfolio includes 11 branded residences, with a pipeline of 22 more developments to be announced in the next seven years.
IHG LAUNCHES ENERGY EFFICIENT HOTEL COMMUNITY: IHG Hotels & Resorts has launched its Low Carbon Pioneers program, which brings together energy efficient hotels which do not use fossil fuels on site and are powered by renewable energy. This group of low operational carbon hotels will help the hotel group test, learn and share findings on sustainability measures. IHG plans to inspire more hotels to join the program. The first Low Carbon Pioneer hotels include Holiday Inn Express Madrid Airport in Spain, Iberostar Waves Cristina in Spain and the Kimpton BEM Budapest in Hungary. Low Carbon Pioneer hotels will have sustainable solutions, such as high-efficiency heat pumps for heating and hot water and fully electric kitchens. Hotels will also have an operational sustainability certification, recognized by the Global Sustainable Tourism Council, such as Green Key, or a sustainable building certification, such as LEED, BREEAM or EDGE. These hotels will use IHG’s Green Engage platform to track and measure their energy data.
SONESTA’S DUAL-BRANDED OFFERING: Sonesta is expanding its portfolio with the recent opening of a dual-branded hotel in Atlantic City, N.J. The 140-room, upper-midscale Sonesta Essential Atlantic City West has opened and will be dual-branded with Sonesta Simply Suites Atlantic City, which will open later this summer. The property is located four miles from Atlantic City International Airport and situated close to local attractions. Sonesta Essential offers guests with essentials for their stays, such as elevated bedding, complimentary WiFi and hot breakfast, a fitness center and all-day coffee.
$148M REFI FOR THE VICTORIA IN HARLEM: Walker & Dunlop, Inc have arranged $148 million in loan proceeds to refinance The Victoria, a multi-tower, 30-story project. Originally built around Harlem’s Victoria Theater in Upper Manhattan, The Victoria includes a 211-room Marriott-branded Renaissance Hotel, 191 luxury residences and more than 23,000 square feet of premier retail space. Completed in Q3 2023, the project is Harlem’s tallest building. The property also has 52 below-grade parking spaces.
DALATA DEBUTS IN LIVERPOOL: Dalata Hotel Group, the Irish hotel operator, has strengthened its U.K. and continental Europe, with the opening of the Maldron Hotel Liverpool. The 268-room marks Dalata’s debut in Liverpool. The hotel also offers a bar, restaurant and gym. Maldron Hotel Liverpool is the group’s 55th property and one of the four new hotels opening in the U.K. this year, further growing Dalata’s presence in the region, which includes four properties in Manchester.
