Kathakali Nandi

🏖️ Minor Hotels is set to open NH Collection Alagna Mirtillo Rosso in Italy's Pennine Alps in March, catering to ski enthusiasts with its proximity to 150 kilometers of slopes in Monte Rosa Ski Hotel. The renovated hotel will feature 56 rooms, a wellness center with separate 300 m² adults-only and 400 m² family areas, offering pools, saunas, and treatment rooms. The NH Collection marks its 10th anniversary in Italy, increasing its Italian portfolio to 17 hotels, while Minor Hotels Europe & Americas has 60 Italian properties.

🏦 Singapore's Prima Asset Management partnered with Australia's Schwartz Family Co. to boost London real estate presence. Prima's hotel project in Paddington will see the Victorian-era hotel expand from 68 to over 80 rooms after renovations. Acquired in June 2024, financed by OakNorth Bank, the project is in collaboration with Capilon Group. Schwartz Family Co., with a portfolio of 15 hotels and over 4,300 rooms, invests in Prima's vision for sustainable hospitality. London, a top hotel investment destination, saw €2.6 billion in hotel deals in H1 2024, up 215% from H1 2023. Prima aims for another hotel acquisition by Q1 2025.

🏕 Dusit Hotels and Resorts opened Dusit Princess Chiang Mai in Thailand after a 3-year renovation, featuring redesigned guestrooms and upgraded facilities reflecting Lanna culture. The property participates in Thailand's tourism revitalization campaign "Nuea… Phrom Tiew". In India, Dusit marked its market entry with dusitD2 Fagu, Shimla, inaugurated on December 15, boasting 80 guestrooms, a temperature-controlled pool, and a spa. Dusit International operates 301 properties across 19 countries, including 57 hotels and 244 luxury villas.

🏦 Hyatt's The Unbound Collection expands to Southeast Asia with Keraton at The Plaza in Jakarta, offering 138 rooms and suites. The hotel, featuring traditional Javanese 'batik kawung' patterns, is connected to Plaza Indonesia mall and provides access to Grand Hyatt Jakarta's amenities. The Unbound Collection currently comprises 19 hotels, including the recently announced property in Nara, Japan, and the renovated The Bellevue in Philadelphia with 184 rooms and 38 suites.