Posts by author

k.fytaki1

193 posts
View Post
  • 2 min

Monthly summary of the hotel openings map: October 2025

🏨 October 2025: Amid global instability, the hotel industry grew since 2022, remaining resilient due to diverse operating levers. Record vacancy rates hit 19% in the US and 8.4% in Europe. The residential sector struggles with a 15% drop in major city transactions. 176 hotel projects identified; Europe and Africa lead with 40%, followed by Asia-Pacific at 31% and the Americas at 28%. Growth is seen in major cities and emerging markets like Poland and Vietnam.
View Post
Share
View Post
  • 2 min

Essendi acquires full ownership of ibis Edinburgh Centre South Bridge

🏨 Essendi has acquired full ownership of the 259-room ibis Edinburgh Centre South Bridge, in Edinburgh, UK. Essendi, which already operated the hotel, now controls the underlying real estate, aiming to enhance portfolio value and efficiency in the economy and midscale segments. The acquisition includes additional tenants: a second hotel, café, supermarket, and bar. This move aligns with Essendi's strategy to own high-performing assets and improve operational margins across Europe.
View Post
Share
View Post
  • 2 min

Omni Hotels & Resorts appoints Laura McKoy as Chief Creative Officer

🏨 Laura Trussell McKoy has been named Chief Creative Officer of Omni Hotels & Resorts. Since joining in February 2007, she has significantly influenced Omni’s design direction, initially as Director of Interior Design. McKoy established the Omni Design Studio and has held key roles, elevating the brand's design standards. Before Omni, she worked with CNL Hotels in Orlando and BBGM in Washington, D.C., and has a Bachelor of Science from The University of Alabama. Omni also appointed Adam Hayashi as Chief Revenue Officer, highlighting a focus on creativity and revenue optimization.
View Post
Share
View Post
  • 2 min

Whitbread expands Premier Inn presence with new Bath city centre hotel

🏨 Premier Inn plans to open a 152-room hotel in Bath by 2028. Located within a 10-minute walk from Bath Spa station and the Roman Baths, the hotel will increase Bath's budget room supply to over 250. Construction starts in 2026. Whitbread, owner of Premier Inn, aims for a BREEAM ‘Excellent’ rating and net-zero carbon emissions by 2040. This expansion is part of Whitbread's strategy to reach 125,000 rooms across the UK and Ireland.
View Post
Share
View Post
  • 3 min

Dalata Hotel Group: Expansion boost along with strong H1 2025 results

📈 Dalata reported a 5% decline in adjusted EBITDA due to lower RevPAR and inflation costs, with a €19.6 million profit after tax. Free cash flow is strong at €45.7 million. New acquisitions include Clayton Hotels in Berlin and Madrid. Dalata plans to add over 1,000 rooms globally. Assets are valued at €1.8 billion. The proposed acquisition by Pandox offers €6.45 per share, a 49.7% premium, pending shareholder approval on September 11, 2025.
View Post
Share
View Post
  • 1 min

Barceló acquires 80% stake in Rusticae, expanding in rural tourism

💸 Founded in 1996, Rusticae manages 210 properties in Spain, Portugal, Morocco, Andorra, and Italy, focusing on upscale rural tourism. Barceló's acquisition marks a strategic expansion into this niche. CEO Sara Sánchez retains 20% ownership, continuing leadership as founders Carlota Mateos and Isabel Llorens step down. Barceló reported a €7.5 billion turnover in 2024, a 56% net profit increase, and debt elimination. Rusticae emphasizes sustainability and cultural tourism, offering over 100 local experiences.
View Post
Share
View Post
  • 2 min

Tivoli Hotels & Resorts strengthens its presence in Portugal

🏖 Tivoli Estela Golf & Lodges, located next to Estela Golf Club and the Atlantic Ocean, offers 80 lodges with suites, family lodges, and standard rooms featuring outdoor terraces. Guests enjoy Portuguese cuisine at Green’s Restaurant, Dunas Bar, and the Pool Bar. Facilities include a wellness center with a hydrotherapy pool and gym, a 125 sqm meeting room, and activities like golf, surfing, and yoga. It's Tivoli's ninth hotel in Portugal and enhances their expansion strategy.
View Post
Share
View Post
  • 2 min

Accor : Ranju Alex was appointed CEO for South Asia to drive regional growth

📈 Ranju Alex, with over 30 years in hospitality, was appointed CEO for South Asia at Accor, joining from Marriott International. She previously oversaw 170 hotels as Regional VP for South Asia at Marriott and received the Bharat Gaurav award. This follows Accor's collaboration with InterGlobe, aiming to consolidate operations in South Asia. Accor currently has over 70 hotels, with more than 30 planned, and just appointed Rachael Nicholson as Commercial Director for New Zealand and Fiji.
View Post
Share