ANANTARA RESORT IN INDONESIA: Anantara Hotels & Resorts, the luxury hospitality brand by Minor Hotels, will be opening its second location in Ubud, Indonesia with the upcoming opening of Anantara Ubud Bali Resort. Slated to open on October 1, the resort offers 85 suites and pool villas, along with 15 branded residences located on a forested hill towards a mountain stream. The one- and two-bedroom villas include infinity pools. The resort features multiple dining options, two heated pools, a yoga deck, kid’s club, spa and a gym. Anantara’s portfolio consists of more than 50 properties in Asia, Europe, Africa, the Middle East and the Indian Ocean.
LBA, 3H ACQUIRE TAMPA HYATT PLACE: LBA Hospitality and 3H Group have furthered their partnership with the acquisition of the Hyatt Place Tampa Airport/Westshore. The purchase price and buyer details were not disclosed. Located about three miles away from Tampa International Airport and two miles away from Raymond James Stadium, the pet-friendly hotel has an onsite bar, a range of dining venues, complimentary daily breakfast and event spaces.
IHG’S TWO-HOTEL DEAL IN VIETNAM: IHG Hotels & Resorts has announced a two-hotel deal with Hai Thanh Hung Investment Joint Stock Co. and Vietnam Royal Investment and Construction Co., Ltd in Quang Binh province. The deal includes a 68-villa voco Quang Binh Resort and 232-room Crowne Plaza Quang Binh City Centre. The agreement will see IHG’s entry into the Quang Binh market. Set to open in 2025, Crowne Plaza Quang Binh will be located within the Royal Landmark, a mixed-used development. The hotel will face the river and feature four restaurants and bars, a pool, fitness center, kid’s club, an executive lounge and meeting spaces. voco Quang Binh Resort will have two restaurants and bars, indoor and outdoor pools, kid’s club, spa and a resort center.
GENERATOR, FREEHAND HOTELS POST RECORD H1 NUMBERS: Generator, the hybrid accommodation brand, and Freehand Hotels have reported a record EBITDA of $42.2 million for the first half of the year, an 18% jump from the same time last year. Revenue growth of 10% and strict cost management helped drive the results. The year-end outlook appears to be bullish, with the company aiming for a full year EBITDA of $95.8 million, representing a 22% surge from last year. The financial results highlight the ability of Generator’s operating model to absorb inflationary pressures, as the company continues to benefit from the resilient Gen Z and Millennial-heavy guest mix, Generator said in a release.
