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Posts by author

k.fytaki1

218 posts
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  • 1 min

Zara owner buys Paris hotel for €97 million

  • k.fytaki1
  • 16 July 2025
🏨 Amancio Ortega's investment firm, Pontegadea, is set to renovate the historic Hotel Banke in Paris, near the Opéra Garnier, transforming it into a Radisson Collection property by 2027. This aligns with Ortega’s strategy to invest in prime European locations like London and Barcelona. Meanwhile, Radisson Hotel Group expands in France with new hotels in Montpellier, Reims, and Paris, including a 144-room Radisson Blu in Montpellier. Radisson Hotel Group currently offers 97 job opportunities.
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  • 1 min

Travelodge expands presence in Spain with acquisition near Central Madrid

  • k.fytaki1
  • 16 July 2025
📍 2026-2027, Madrid: Grupo JRU, in collaboration with Lexxa Hotels and DICSA, will convert a 90-room property into a modern hotel, opening in 2027. Situated 30 minutes from Madrid's center, it offers convenient access to Madrid Airport and Atocha and Chamartín stations. Part of Travelodge’s expansion in Spain, this plan includes 20 identified locations and recent openings adding 635 rooms. Travelodge's growth taps into rising demand, leveraging various development models to enhance its competitive position.
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  • 2 min

YOTEL expands into Greece with YOTELPAD Athens

  • k.fytaki1
  • 16 July 2025
🏨 YOTELPAD Athens is being developed by Valpre Capital to tap into the extended-stay market, featuring apartment-style living and hotel amenities like gyms and terraces. Athens' growing appeal, record international arrivals, and government rental policies bolster this initiative. Part of YOTEL's global strategy, it follows successful launches like YOTELPAD London Stratford and YOTEL Geneva Lake. The project aims at short and long-term guests, leveraging YOTEL's tech-driven, design-focused approach.
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  • 1 min

Accor Plus appoints Emilie Couton as CEO

  • k.fytaki1
  • 16 July 2025
🏨 Emilie Couton, with 24 years at Accor and D-EDGE, has been appointed CEO of Accor Plus, marking a significant moment for the company. Under her leadership, Accor's Asia Pacific network expanded from 250 to 1,200 hotels across 38 brands. Accor Plus, celebrating 30 years, serves over 450,000 members in Asia Pacific. Emilie focuses on personalizing member experiences and strengthening connections with hotel partners. France-based Accor currently has 68 job offers available.
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  • 2 min

Mews expands Digital Key integration with Salto smart access system

  • k.fytaki1
  • 15 July 2025
📱 Guests at participating hotels can now skip traditional check-in, accessing rooms via mobile devices, enhancing efficiency and guest satisfaction. In Belgium's YUST Antwerp, 12% used Digital Key in the first month, with 64% of mobile key recipients utilizing them for room access. This reduces lost key risks and plastic usage. Mews and Salto's partnership supports digitalizing hotel operations, improving both security and user experience.
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  • 3 min

EXTENDAM advances its hotel strategy in Madrid and Seville hotel markets

  • k.fytaki1
  • 15 July 2025
🏨 Madrid’s hotel, located 700 meters from Atocha Station, was sold post-2022 completion, featuring 230 rooms and 99 parking spaces, yielding a 19% IRR. In Seville, EXTENDAM plans a 184-room hotel in Nervión by early 2028, with amenities like a panoramic pool and BREEAM certification. Madrid and Seville are key markets with high RevPAR. The projects align with trends favoring connectivity and upscale offerings, emphasizing Spain’s strong tourism fundamentals and development potential.
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  • 2 min

[UPDATE] Neil Jacobs steps down as CEO of Six Senses and teases a new venture

  • k.fytaki1
  • 15 July 2025
🏨 Neil Jacobs expanded Six Senses from eight to 26 properties under his leadership, with over 30 more in the pipeline. In 2019, IHG Hotels acquired Six Senses for $300 million, boosting its global presence. Jacobs integrated sustainability, pioneered wellness clubs, and will soon open Six Senses Place in London. He recently launched Wild Origins, focusing on sustainable projects, and joined Capella Hotels as a Senior Strategic Advisor. Six Senses currently boasts 27 locations with 38 in development.
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  • 2 min

Mondrian to launch first hotel in Portugal within Algarve’s Arcaya project

  • k.fytaki1
  • 15 July 2025
🏨 Mondrian Arcaya is set to open in 2028 in Vilamoura, Algarve, Portugal. The hotel will feature 120 rooms, including 30 suites, three dining outlets, and amenities like wellness facilities and three pools. This marks Mondrian's debut in Portugal, part of its European expansion. Arcaya, led by Bondstone, emphasizes sustainable design and integration with natural landscapes. Portugal anticipates over 33 million international arrivals by 2025, boosting regional tourism and development.
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  • 3 min

Marriott announces Leeny Oberg’s retirement and leadership changes

  • k.fytaki1
  • 15 July 2025
📈 Leeny Oberg will retire from Marriott in March 2026 after significantly boosting shareholder value. Her successors are Jen Mason, who will be CFO, and Shawn Hill, Chief Development Officer, starting in 2026. Mason has 33 years at Marriott, leading finance and strategy, while Hill expanded Marriott's APEC portfolio to over 600 properties with 380 more in development. Marriott plans to continue global growth and expansion, with a strong focus on leadership and innovation.
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  • 2 min

voco The Club – Dublin Gateway: IHG Hotels & Resorts expands in Ireland

  • k.fytaki1
  • 15 July 2025
🏨 voco The Club - Dublin Gateway, located in County Kildare, 15 miles west of Dublin, offers 50 rooms on a 12-acre site. It features a brasserie, outdoor spa, and meeting spaces. IHG’s voco brand, launched in 2018, is expanding in Ireland with over 30 European properties and plans for more. Dublin sees 7 million international visitors annually, spurring further tourism growth. IHG also signed eight new hotels, adding 900 rooms in the UK and Ireland.
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