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k.fytaki1

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  • 2 min

Edgar Suites expands in Spain and Portugal with strategic appointment

💸 Casilda Mulliez is appointed Director of Real Estate Development for Edgar Suites in Spain and Portugal. With 12 years of experience, she will drive expansion efforts beyond France, where the company operates 26 residences. Edgar Suites targets Spain and Portugal for their robust real estate markets and urban hospitality potential, investing €160 million over three years. The company’s portfolio exceeds 1,400 rooms, focusing on transforming office buildings into upscale hotel residences in key European markets.
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Arcotel Group expands presence in Vienne

🏨 Arcotel Hotels opened its fourth Vienna property, Arcotel AQ, in Althan Quartier. The four-star hotel, offering 157 rooms and suites, fuses historical and contemporary design. The grand opening is set for September 2025. Located near Franz Josef Train Station, it supports local development and provides easy city access. Arcotel, with twelve hotels in Austria and Germany, plans further growth, including Arcotel Tabakfabrik in Linz in 2026.
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Series by Marriott™ : Marriott’s new regional collection brand

🏨 Marriott International has launched "Series by Marriott™," a new midscale and upscale lodging brand, in partnership with Concept Hospitality Private Limited (CHPL) in India. The brand will integrate CHPL's 84 existing and 31 upcoming properties, marking Marriott's strategic expansion into India. This brand aims to cater to value-conscious travelers, providing basic amenities and maintaining regional hotel identities, while leveraging Marriott's global standards and loyalty program. Marriott plans further expansion into regions like the US, Caribbean, and Europe.
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Essendi: The completion of a successful refinancing journey

💰 Essendi, 2024: successfully refinanced €2.2 billion in Senior and PGE Facilities with €550M in senior secured floating rate notes (2032), €400M in fixed rate notes (2030), and €300M in fixed rate notes (2032). New facilities include €550M term loans and €400M revolving credit. Purpose: improve liquidity, reduce debt costs, and support growth. Transition from AccorInvest with 500 hotels, 20,000 employees in 22 countries. ESG goals supported by BNP Paribas, Natixis, and Crédit Agricole CIB.
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  • 3 min

DoubleTree by Hilton reaches 700th property milestone

🏨 **DoubleTree by Hilton opened its 700th hotel, expanding to 60 countries. The brand added over 40 new properties in a year, including firsts in Malta, Laos, and the Azores. Notable openings: Nice, France; St. Paul’s Bay, Malta; Lagoa, Portugal; Kars, Türkiye; Addis Ababa, Ethiopia; Tokyo, Japan; Guang’an, China; Vientiane, Laos. With 240+ hotels in development, DoubleTree plans expansions in Europe, Asia, and the Middle East. 40% of new openings in early 2025 are conversions.**
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Map of the week: hotel openings – May # 4 2025

🏨 Hotels worldwide were mapped by Hospitality ON, showcasing new openings from the last 10 days. Yellow marks hotels opened this week, blue for upcoming openings later this year, green for rebrandings or brand takeovers, and orange for signed projects opening in the future. This guide provides a snapshot of recent developments in the hospitality industry, focusing on hotels from groups, chains, and voluntary networks globally.
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