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Denis Stackeusky

424 posts

TPG adds five Marriott-branded hotels to management portfolio

🏨 TPG Hotels & Resorts will manage five Marriott-branded select-service hotels in Oklahoma, Louisiana, and Arkansas, expanding its south-central U.S. footprint. Verge Management chose TPG for their deep industry reputation and expertise. Tim Muir, TPG's CDO, highlights shared operational excellence. Malik Kheraj, President of Verge, anticipates strengthened investments. TPG, one of the nation's largest hospitality firms, manages various properties under brands like Marriott, Hilton, Hyatt, and IHG, aiming to enhance hotel performance and guest satisfaction.
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Vision Hospitality breaks ground on dual-brand Home2/Tru in Tennessee

🏨 Vision Hospitality Group broke ground on a dual-branded Home2 Suites and Tru by Hilton in Lookout Valley, Tenn., expected to open in fall 2026. Located on a 10-acre site near Interstate 24, close to Chattanooga, it will feature 150 rooms (82 Home2 Suites, 68 Tru by Hilton). Amenities include a resort-style pool, poolside bar, and fitness center. Mitch Patel, CEO, aims to support Lookout Valley's growth with a vibrant hotel, retail, and dining destination.
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Collared Martin Hospitality launches lifestyle hotel brand

📍 Collared Martin Hospitality, led by CEO Steven Rubin, launches a lifestyle and luxury hospitality management company focusing on boutique hotels in Nantucket, Martha’s Vineyard, and the Hamptons. The company manages assets from Blue Flag Capital, which holds over $1 billion in real estate. Charlotte Hutchings joins as head of brand and creative. The firm's name is inspired by the collared martin swallow, symbolizing exploration and loyalty.
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Hilton opens Hotel Astoria Vienna under Curio Collection

🏨 Hilton's first Curio Collection in Vienna, the 125-room Hotel Astoria Vienna, opened in the 1st district on Kärntner Straße, close to iconic sites like St. Stephen’s Cathedral. Originally launched in 1912, the hotel was refurbished by VERKEHRSBUERO, featuring a new restaurant, bar, and nine suites. Celebrating Hilton's 50 years in Austria, the hotel offers local culinary delights and is part of Hilton Honors, enhancing its appeal to international guests.
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easyHotel adds three new properties in Spain

🛠 easyHotel expands in Spain with three new properties in Madrid, Barcelona, and Valencia, boosting its local portfolio to five hotels with over 250 rooms. Madrid Alcalá is now open; Barcelona La Sagrera opens on July 7, and Valencia’s Ciutat Vella in August. Room prices start at £52-£65 per night. These low-carbon, budget-friendly hotels feature free Wi-Fi and are designed to reduce CO2 emissions by 21%. Spain welcomed 90 million international visitors in 2024.
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Trinity sells JW Marriott Phoenix to Ryman for $865 million

🏨 Trinity Investments sold the JW Marriott Phoenix Desert Ridge Resort & Spa to Ryman Hospitality Properties for $865 million. In 2019, Trinity purchased it for $602 million and conducted a $100 million renovation. The resort has 950 rooms, making it Phoenix's largest. The sale is expected to close in 2025. Trinity's strategy focuses on buying, enhancing, and selling assets, exemplified by this profitable deal. Ryman Hospitality, owning several Marriott properties, now adds this to its portfolio.
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Kimpton to open Fredericksburg hotel in 2027

🏨 Kimpton Hotels & Restaurants, in partnership with DC Partners, will open a 210-room hotel in Fredericksburg, Texas, expected by 2027. It's part of a 22-acre development, The Meuse, featuring over 18,500 square feet of event space and 70,000 square feet of retail and dining areas. The hotel will include amenities like a restaurant, bar, poolside lounge, and fitness center. Merriman Anderson Architects and Curioso will lead the design, marking Kimpton's fourth Texas property.
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JLL secures construction debt for Dellshire Resort in Wisconsin

🏨 JLL Hotels & Hospitality Group secured financing for Phase 1A of the 208-key Dellshire Resort in Wisconsin Dells, set to open in Q2 2026. The resort features a luxury hotel, 350-seat restaurants, multiple bars, six pools, and a 9,000-sq-ft family entertainment center. Located in the "Waterpark Capital of the World," it expects to draw from 5.5 million annual visitors. Pyramid Global Hospitality will manage the resort, and Kraemer Brothers will handle construction.
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Field & Stream opens first lodge in Bozeman

🏖 Field & Stream Lodge Co. opened its first property in Bozeman, Montana, with 179 rooms, located a mile from downtown. The hotel features a 1,300 sq ft indoor pool with snowshoe chandeliers, a 29,000 sq ft courtyard, and a 3,600 sq ft event space. Dining options include Dry Fly Saloon and The Honey Hole. Designed by AJ Capital Partners, rooms have unique amenities like wool camp blankets. Starwood Capital and AJ Capital launched the hospitality platform in 2023.
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Pan Pacific Perth completes major renovation

🏨 Pan Pacific Hotels Group completed a major renovation of Pan Pacific Perth, its largest Australian property, featuring 488 rooms. The hotel now boasts 2,500 square meters of meeting space, the largest in Perth. The project aligns with the AU$5 billion Perth airport redevelopment, enhancing the city as a business hub. PPHG's sustainable tourism strategy includes recycled materials and GSTC certification. International tourist arrivals to Australia are projected to rise 41% from 2024 to 2028.
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