Posts by author

e.koureli

33 posts
View Post
  • 2 min

Laurent Choain Appointed Global Chief People & Culture Officer at Accor, Joining Group Management Board

🏠 Laurent Choain becomes Accor's Global Chief People & Culture Officer, succeeding Laurence Dambrine. In his role, he joins the Group Management Board and the Premium, Midscale & Economy Executive Committee. Choain brings over 30 years of HR experience from sectors like hospitality and finance, including 16 years at Forvis Mazars. He will focus on leadership development and talent attraction globally. His academic background includes a PhD and teaching roles at Université Paris Panthéon-Assas.
View Post
Share
View Post
  • 1 min

Palladium Hotel Group Reports €1.16 Billion Revenue in 2025, Expands Portfolio to 42 Hotels Across 9 Countries

🏖 Palladium Hotel Group reached €1.07 billion in revenue in 2024, increasing to €1.16 billion in 2025, marking an 8.4% growth. The hotel count rose from 40 to 42, expanding to 9 countries. Revenue per room climbed from €82,300 to €89,200. Founded by the Matutes family in Ibiza, the group focuses on high-end all-inclusive resorts. Iberostar Hotels recorded €2.18 billion in 2024, growing to €2.37 billion in 2025, with a 10% increase in hotels and expansion to 18 countries. Revenue per room surged from €60,500 to €65,800.
View Post
Share
View Post
  • 2 min

Edgar Suites Acquires Málaga Building for €10.5M Redevelopment into 34-Room Serviced Residence by 2028

🏗️ Edgar Suites acquires a 1,481 m² building in Málaga's historic center from All Iron RE Socimi, marking its second project in Spain. The company invests €10.5 million to redevelop the asset into a four-story serviced residence with 34 rooms, preserving its heritage façades. Construction starts in July 2026, with opening in spring 2028. The project aligns with Edgar Suites' ESG commitments and aims to attract urban leisure and business travelers.
View Post
Share
View Post
  • 3 min

Six Senses London Opens in Historic Whiteley Building, Offering 109 Rooms and Creating 300 Jobs

🏨 Historic Whiteley department store, opened in 1911, is now Six Senses London, with 109 guestrooms and 14 suites, designed following wellness and biophilic concepts. Part of a £3 billion Queensway district redevelopment, the site includes 92,900 sqm of mixed-use space, 139 apartments, and 19 retail brands. Over 300 jobs were created, and 0.5% of revenue supports local initiatives. The property is BREEAM-certified and environmentally focused, featuring a magnesium pool and advanced recovery technologies.
View Post
Share

Hotel President Budapest Joins Affiliated by Meliá Network, Marking Meliá's First Presence in Hungary

🏨 Hotel President Budapest, a 152-room four-star property, joins Affiliated by Meliá network, giving Meliá Hotels International its first presence in Hungary. Located near the Danube, the hotel features 267 m² of meeting spaces and a rooftop terrace. It will convert to INNSiDE by Meliá over the next three years. Meliá's entry strengthens Budapest's competitive hospitality landscape amidst recent expansions by Radisson and JO&JOE, reflecting its European network expansion and strategic growth initiatives.
View Post
Share

Accor Signs Franchise Agreement to Open 78-Room Mercure Hotel in Craiova, Romania

🏨 Accor signed a franchise agreement with MKS PROD to develop Mercure Craiova in Romania. Accor operates 25 hotels in Romania, with plans for 40 more properties. The 78-room hotel is near Craiova city center and 10 minutes from Craiova International Airport. Craiova's Christmas Market was voted Europe's Most Beautiful for 2025. This reflects Accor's strategy to expand in Eastern Europe's regional hubs, emphasizing Mercure's midscale segment leadership and sustainable growth through local partnerships.
View Post
Share

Valor Hospitality Europe Appoints Sarah Turner as Operations Director Overseeing 13 Hotels Amid UK Expansion

📈 Sarah Turner, appointed as Operations Director of Valor Hospitality Europe, now oversees 13 hotels in the Midlands and southern England. Valor's UK portfolio is set to grow from 17 hotels in 2021 to about 40 by 2026. Turner joined Valor in 2013, advancing from Operations Manager to Senior General Manager at Crowne Plaza Leeds. Valor operates nearly 100 hospitality developments globally. The company highlights team engagement and wellbeing as key to performance.
View Post
Share

Wyndham Appoints Amit Sripathi as CFO to Enhance Financial Discipline for Franchise Growth

🏨 Amit Sripathi becomes CFO of Wyndham Hotels & Resorts, succeeding Kurt Albert, interim CFO since November. Sripathi, previously Chief Development Officer – North America, joined Wyndham in 2021. David Wilner, a 30-year veteran with Wyndham, now leads North American franchise development. Sripathi's background includes roles at Deutsche Bank and RLJ Lodging Trust. Both Sripathi and Wilner report to CEO Geoff Ballotti, supporting Wyndham’s asset-light franchise model and growth strategy.
View Post
Share