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Denis Stackeusky

372 posts

Hotel Bellevue Cortina joins Emblems Collection

🏕 Accor, Invel Real Estate, and Prodea Investments partnered to include Hotel Bellevue Cortina d’Ampezzo in Emblems Collection, its first in Italy. Set in the Dolomites, the 19th-century hotel on Corso Italia is being redesigned by pconp and Tihany Design, featuring locally sourced materials. It will offer 80 rooms, 27 suites, a 5,400-square-foot spa, indoor and outdoor pools, a main restaurant, and the Bellevue Terrace. Sustainability is key in its renovation, aligning with Accor’s standards. The Emblems Collection focuses on integrating historic properties into Accor’s luxury portfolio.
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Investor sentiment strong in Europe: Cushman & Wakefield study

🏡 European hotel investment is expected to rise in 2025, with 94% of investors planning to allocate the same or more capital. Most sought-after cities include Madrid, Barcelona, and Rome. Transaction prices are anticipated to grow, with 70% expecting hotel values to increase. Prague, Munich, Milan, and Edinburgh are also gaining investor interest, with Prague up 14%. The European Central Bank cut rates four times in 2024. More than half of investors aim to be net buyers with return on equity expectations at 13.6%. High ESG-rated hotels could see a nearly 5% green premium. Major investor concerns are rising construction costs (65%) and geopolitical risks (44%). Investors surveyed have invested over €16 billion in European hotels since 2019.
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Lodging Dynamics is taking a Park City Hotel into the Marriott family

🏨 Lodging Dynamics Hospitality Group converting Park City Peaks Hotel into Hotel Thaynes, a Tribute Portfolio Hotel by Marriott Bonvoy. $21-million renovation expected to complete in October, featuring updated guestrooms, public spaces, and amenities. The 128-key property, located in Park City, Utah, will maintain Versante Hearth + Bar and provide shuttle service to nearby ski resorts and Main Street. Amenities include an indoor pool, outdoor heated pool, hot tub, sauna, fitness center, steam room, fire pits, and BBQ area. Hotel Thaynes will join over 150 hotels in Tribute Portfolio, in nearly 30 countries, offering boutique hospitality with local culture integration. Marriott Bonvoy members can earn and redeem points at this property.
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Capella Hotel Group opening Taipei property

🏠 Capella Taipei opens April 1, marking Capella Hotel Group's debut in Taiwan. Located on Dunhua North Road, Taipei, the luxury hotel boasts 86 rooms, including eight suites and six with private pool terraces. Guests can enjoy views of Taipei 101 from a 14th-floor pool terrace, and dine at five venues, such as Ember 28 and Plume. Designed by André Fu, with services like The Living Room and Capella Curates, it embodies Taiwan’s heritage and aligns with the country’s tourism growth strategy.
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stayAPT Suites expands in Pennsylvania

🏠 stayAPT Suites partners with Destiny Partners for 5 new locations in Pennsylvania: Lancaster, Reading, York, Bethlehem, Allentown. The first to open is Lancaster with 94 rooms, construction begins Spring 2025. Targeting the mid-scale extended-stay market, stayAPT Suites offers full-size kitchens, living rooms, and separate bedrooms. The brand emphasizes operational efficiency with a low employee count, appealing to various travelers and providing home-like living with hotel convenience. Destiny Partners chose stayAPT after evaluating multiple brands for its high margins and guest satisfaction.
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Rotana and GHA team up to expand global loyalty program

📍 Rotana joins Global Hotel Alliance (GHA), integrating 80 properties into GHA DISCOVERY program, available to 30 million members. GHA DISCOVERY generated $2.7 billion and 11 million room nights last year. Rotana, based in Abu Dhabi, will add five brands to GHA by early 2026, including Rotana Hotels & Resorts and four others. Rotana Rewards transitions to Rotana DISCOVERY, offering DISCOVERY Dollars and benefits like room upgrades. GHA, with this addition, nears 950 hotels and aims for 1,000. Rotana gains larger exposure, while members enjoy more flexibility and rewards.
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