Denis Stackeusky - 10 Minutes News for Hoteliers - Page 6

2 min

Bain Capital sells Greece’s Cora Resort to Fattal Group

🏝️ Bain Capital sold Cora Resort and Spa in Afytos, Chalkidiki, Greece, to Fattal Hotel Group after a €24 million refurbishment. The 181-room hotel reopened in July 2023, and will be rebranded as Meravia Hotel. Bain Capital managed the asset from origination to exit, contributing to its transformation into a five-star destination. Fattal Hotels aims to expand in Greece, having acquired 50 hotels in Europe over three years, raising €1 billion for expansion.

2 min

IHG’s Vignette Collection to debut in India

📍 IHG Hotels & Resorts, in collaboration with Hanu Overseas, is introducing the Vignette Collection to India with a new hotel in Panchkula, Haryana. Scheduled to open in early 2026, the hotel will have 145 rooms, including 11 suites, and over 2,200 square meters of meeting space. As of September 2025, the Vignette Collection consists of 27 hotels. Panchkula, part of the Chandigarh Metropolitan Region, is a developing economic hub. This marks IHG's expansion in India’s luxury market.

3 min

IHG plans India expansion to over 400 hotels by 2031

📍 IHG Hotels & Resorts aims to expand to over 400 hotels in India by 2026, operating 51 hotels and developing 80 more with nearly 12,000 rooms. In 2025, India marked a third consecutive year of record signings. Key brands include Six Senses, InterContinental, and Crowne Plaza, with Holiday Inn and Holiday Inn Express representing over 70% of operations. Garner and Vignette Collection are new market entries. Crowne Plaza Lucknow, IHG's 50th hotel, opened in May 2025.

3 min

Charlie Palmer’s culinary-forward Appellation Healdsburg joins SLH

📍 Appellation Healdsburg, opened in Sonoma County, joins Small Luxury Hotels of the World. Located in Healdsburg, it spans 8.5 acres with 108 rooms, two pools, and a spa. Culinary offerings include Folia Bar & Kitchen and Andys Beeline rooftop lounge, led by local chefs. The resort promotes regional traditions through workshops and is part of SLH’s 650+ hotels across 90+ countries, emphasizing a connection to place and luxury experiences.

2 min

Portman reports over $680M in hotel financing during 2025

🏨 Portman executed over $680 million in hospitality financing in 2025, reducing its portfolio’s interest rate by 150 basis points. Key transactions included the $237.5 million refinancing of Hyatt Regency Salt Lake City and acquiring the 456-room Westin Cincinnati. Portman manages seven hotels with over 3,000 rooms, valued at $1 billion. The firm aims to expand in major U.S. markets, emphasizing long-term returns and strategic acquisitions.

2 min

1 Hotel Tokyo now accepting reservations

🏠 1 Hotel Tokyo opens in March 2026, located in Akasaka Trust Tower, floors 38-43, with 211 rooms, 20 suites, and 3 penthouse suites. The design features biophilic elements, recycled materials, and local craftsmanship. Culinary options include a French Riviera-inspired restaurant and a 50-gin bar. The hotel offers over 460 sqm of event space, a spa, and a fitness area. It boasts CASBEE S certification for sustainability, with energy-efficient systems and zero-waste kitchens.

1 min

Marcus Hotels opens The Marc Hotel in Milwaukee

🏨 Marcus Hotels & Resorts opened The Marc Hotel, a 175-room property in Milwaukee, Wisconsin. Directly connected to the Baird Center via skywalk, it offers convenient access to corporate offices, sports venues, and Marquette University. Rooms include high-thread-count linens, workspaces, and complimentary Wi-Fi. The hotel features 34,000 square feet of meeting space and a parking garage. The site was formerly the Hilton Milwaukee's west wing, echoing its history as Marc Plaza Hotel, acquired in 1972.

2 min

Flacks Group acquires DoubleTree by Hilton Augusta

🏨 An affiliate of Flacks Group acquired the 182-room DoubleTree by Hilton Augusta in Augusta, Georgia, selecting StepStone Hospitality for management. The hotel offers 12,000 sq. ft. of event space and multiple dining options. Flacks Group plans a $12 million investment for renovations. The hotel is near the Augusta National Golf Club and benefits from golf tourism, especially during the Masters Tournament. The acquisition highlights Flacks Group's commitment to the Augusta market and guest experience.

1 min

Crescent adds Renaissance Columbus Downtown

🏨 Crescent Hotels & Resorts, through a collaboration with Whitestone Companies, has added the Renaissance Columbus Downtown Hotel to its portfolio. Located in downtown Columbus, the 408-room hotel boasts a rooftop pool with skyline views and 22,500 square feet of event space. The partnership aims to enhance Crescent's presence in Columbus, blending global brand structure with local energy. This move is part of Crescent's expansion in the branded lifestyle segment.

1 min

JLL arranges $167M refinancing for pack of WoodSpring Suites

🏨 JLL's Hotels & Hospitality Group secured $167.7 million refinancing for a 15-property WoodSpring Suites portfolio with 1,829 keys across Michigan, Tennessee, North Carolina, and Florida. The five-year loan from CIM Group includes $117.7 million initially, plus $50 million for expansion. Properties, built within 2-5 years, benefit from the extended-stay model, with 85% occupancy for 7+ nights. Whitman Peterson and Concord Hospitality expect to grow their portfolio amid a 5% annual demand increase.

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