Denis Stackeusky - 10 Minutes News for Hoteliers - Page 9

2 min

What the slump in UK hotel investment says about global markets

🏨 UK hotel investment reached £5 billion in 2025, a 15% year-on-year decline from 2024 but 7.8% above the 10-year average. Q4 2025 investment surpassed £2 billion, up 40% from Q4 2024. Single asset transactions rose 68%, accounting for 85% of total investments, while portfolio transactions dropped to £750 million. London investments hit £3 billion, a 25% increase. David Kellett from Savills expects 2026 to build on late-2025 momentum.

2 min

Driftwood completes Marriott Raleigh-Durham renovation

🏨 Driftwood Capital completed an $11 million renovation of the Marriott Raleigh-Durham Research Triangle Park, a 226-key hotel in Durham, N.C., announced on Dec. 30, 2025. The project, in partnership with Hospitality Project Advisors, included room updates, an M Club lounge, an expanded meeting space, and a VTAC system upgrade. Located at 4700 Guardian Drive, the hotel serves nearby companies like IBM and universities, enhancing its appeal as a business and leisure destination.

2 min

Gencom reacquires The Ritz-Carlton Coconut Grove, Miami

💸 Affiliates of Gencom reacquired a majority interest in The Ritz-Carlton Coconut Grove, Miami, announced on December 23, 2025. The 115-room hotel, initially purchased in 2011, was sold to Hersha Hospitality Trust in 2017. Gencom's reacquisition aligns with investment strategies in high-quality assets. The hotel, opened in 2002, recently underwent renovations in 2018. Coconut Grove, a growing Miami neighborhood, features new developments like Cocowalk, enhancing its appeal for leisure and business travel.

2 min

Holiday Inn to open in Dhangadhi, Nepal

📍 IHG Hotels & Resorts, on Dec. 23, 2025, signed an agreement with Club Chaulani Ltd. for the 115-key Holiday Inn Dhangadhi in Nepal’s Sudurpashchim Province. Scheduled to open in Q1 2028, it will be located 8.5 km from Dhangadhi Airport. The hotel will serve business and leisure travelers with 115 rooms, four dining outlets, and various amenities. Positioned near the India-Nepal border, it supports IHG's South Asia expansion strategy.

2 min

Millennium and Taj launch global loyalty partnership

🏨 Millennium Hotels & Resorts and Indian Hotels Company announced a partnership linking MyMillennium and Taj InnerCircle of NeuPass loyalty programs. Members benefit from reciprocal 10% discounts on hotel stays. The announcement marks Millennium's 30th anniversary, with the company headquartered in Singapore. The collaboration spans over 145 hotels globally, enhancing the guest experience without operational integration. Properties like The Biltmore Los Angeles and M Social Hotel Phuket are included in the partnership.

2 min

Hunter brokers sale of two Aloft hotels in Texas

🏨 Hunter Hotel Advisors announced the sale of Aloft Hotel Plano and Aloft Hotel Frisco in Texas to Touchstone Hospitality Fund, LLC. The two hotels, built in 2008, have 272 rooms combined. The sale was led by Kami Burnette and Mason McDavid, highlighting buyer interest in Dallas Fort Worth’s select-service hotels. Both properties benefit from proximity to business and leisure demand generators. The new owner plans to optimize RevPAR through economies of scale and strategic operations.

2 min

IHG introduces Vignette Collection to Africa

🏨 IHG Hotels & Resorts launched its Vignette Collection in Africa with Fairview Hotel Nairobi's addition. The brand, introduced three years ago, now boasts 27 hotels and plans for 41 more. The 99-room hotel, in Nairobi's Upper Hill, features early 20th-century architecture and modern amenities. Dining options include Mukutan, Pwani, and Giuseppe. Fairview participates in the Vignette Collection's Memorable Rituals, like SimuStories, and community initiatives with Kenya National Library Service.

2 min

Omni Hotels opens in Fort Lauderdale

🏨 Omni Hotels & Resorts opened Omni Fort Lauderdale Hotel on Thursday as part of the Broward County Convention Center District expansion. Located on the Intracoastal Waterway, it features 801 guest rooms, 82 suites, and over 120,000 square feet of meeting space. The project will boost the local economy by $450 million and create 3,000 jobs. Dining options include seven venues, with an Italian chophouse opening in 2026. Wellness amenities include the 8,500-square-foot Mokara Spa.

2 min

Trinity acquires The Hoxton, Poblenou in Barcelona

📈 Trinity Investments acquired The Hoxton, Poblenou, a 240-key hotel in Barcelona, announced on Thursday. This marks their third European hotel acquisition since launching their London office in 2023. Opened in 2022, the hotel is in Barcelona’s 22@ district, near Westfield Glòries Mall and the Design Museum. The acquisition aligns with Trinity's strategy to invest in cities with robust tourism and long-term growth potential, joining The Standard London and Park Hyatt Zurich in their portfolio.

2 min

CoralTree assumes management of DoubleTree Park City

🏖 CoralTree Hospitality now manages DoubleTree by Hilton Park City – The Yarrow in Utah. The hotel, minutes from Park City's Main Street and ski areas, offers 182 rooms, a heated pool, and 5,000 sq. ft. of event space. It's equipped for year-round activity with dining at 1800 Park and Vertical Lounge. CoralTree, experienced in mountain destinations, operates other properties in Vail, Aspen, and more, expanding its presence in Park City.

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