Kathakali Nandi - 10 Minutes News for Hoteliers - Page 15

3 min

Ennismore signs 25hours hotel and coworking brand, Working From_, in Saudi Arabia

🏠 Ennismore teams up with Tilal Real Estate Co. to sign the 25hours Hotel Heart of Khobar in Saudi Arabia, offering 170 rooms, suites, and 80 serviced apartments within the Heart of Khobar development. The hotel, featuring multiple restaurants, a pool, gym, and an analog-themed circus, will also introduce the co-working brand Working From_, spanning 2,000 square meters with various membership perks. The 25hours hotel aims to enhance connectivity in the Dammam Metropolitan Area, aligning with Saudi Arabia's Vision 2030.

2 min

Gabriel Escarrer Juliá, Meliá Hotels founder, dies at 89

🏨 Gabriel Escarrer Juliá, founder of Meliá Hotels International, died at 89 on November 26. He started the company in Majorca in 1956 at 21. Today, Meliá boasts over 400 hotels in 40+ countries. In 2016, his son Gabriel Escarrer Jaume became chairman and CEO. Juliá received numerous honors, including from Spain and the Balearic Islands. He opened pioneering properties in the Mexican Caribbean, Bali, and Cuba, and is survived by six children and 20 grandchildren.

2 min

Wyndham launches ninth brand in India

🏡 Wyndham opens the first Wyndham Garden hotel in India, the Wyndham Garden Sonipat Murthal in Haryana, operated by Rajdhani Realcon Pvt. Ltd. The 81-room hotel features amenities like a restaurant, lounge, fitness center, spa, pool, and event spaces, emphasizing midscale brands for quality accommodations. Wyndham's expansion includes a partnership with NILE Hospitality LLP for 40 Microtel hotels by 2031, targeting tier II, III, IV cities, with the first openings expected in 2025. Each Microtel will have 50 rooms. Wyndham now operates under nine of its 25 brands in India.

2 min

The Standard announces second branded residences in the U.S.

🏗️ The Standard is introducing its second U.S. branded residence, The Standard Residences, Brickell, in Miami's Financial District in collaboration with Newgard Development Group and Two Roads Development. Located at One Brickell Riverfront, the 45-story luxury building will feature 422 residences, ranging from 500 to 1,100 square feet. Amenities include a rooftop pool and lounge, a 10th-floor spa and fitness room, and a signature restaurant. Sales are led by ONE Sotheby’s International Realty's Development Division.

3 min

Blackstone snaps up Grand Hyatt Athens for €235M

🏡 Blackstone Real Estate acquired Grand Hyatt Athens from Henderson Park and Hines for €235 million. The hotel, initially the Ledra Marriott, was purchased in June 2017 and underwent renovations, expanding from 315 to 548 rooms. The hotel now offers 4,400 square meters of conference space and features a rooftop restaurant with Acropolis views. This marks Blackstone's 10th hotel in Greece, where it has invested over €750 million in its portfolio. The sale was advised by JLL and Eastdil Secured.

2 min

YOTEL expands Asian footprint with hotel in Tokyo

🏨 YOTEL Tokyo Ginza, the tech-forward hotel brand, opens December 16 in Ginza, Tokyo. The hotel offers double, twin, bunk triple, family connected rooms with SmartBeds, Wi-Fi, wireless charging, rain showers, and views of Tokyo Tower and Shinkansen lines. Facilities include a bar, restaurant, gym, and robot crew. YOTEL Tokyo Ginza is the third Asian property after YOTEL Singapore (2017) and YOTELAIR Singapore Changi Airport (2019). YOTEL plans to expand with upcoming hotels in Bangkok, Kuala Lumpur, and NEOM. The company has 23 properties globally.

2 min

ARRIVE by Palisociety to open in Albuquerque

🏡 ARRIVE by Palisociety to open its fifth hotel, ARRIVE Albuquerque, in Albuquerque, N.M. in Q1 2025. The historic 1965 building on Central Avenue has been revamped to offer 137 reimagined rooms featuring a mix of 1970s and Southwestern styles, an oversized exterior mural by Nani Chacon, a seasonal pool, a fitness center, cocktail bar, lounge, and a pan-American cuisine restaurant. The design, led by Palisociety founder Avi Brosh and an in-house team, marks the brand's first entirely in-house designed property.

2 min

Aleph Hospitality enters into Morocco with two luxury hotels

🏖 Aleph Hospitality expanded to Morocco, managing Marcicha Lagoon Resort in Nador and Michlifen Resort & Golf in Ifrane. The Marcicha Lagoon Resort offers 93 rooms, seven dining venues, and is 45 minutes from Nador International Airport. Michlifen Resort & Golf boasts 72 suites, seven dining options, and is around one hour from Fes Sais International Airport. In 2023, Morocco recorded 14.5 million tourists, a 34% increase from 2022, surpassing the 13 million peak in 2019. The government aims to attract 17.5 million tourists by 2026.

2 min

Mohari, Omnam acquire historic Bauer Hotel in Venice

🏦 Mohari Hospitality acquired Venice's iconic Bauer Hotel, partnering with Omnam Investment Group. The Bauer, located in the San Marco district on the Grand Canal, will be restored; Rosewood Hotels & Resorts will operate it. Mohari reportedly offered €309 million, outbidding LVMH's founder. The hotel was previously owned by Signa. Mohari's portfolio includes recent acquisitions in Paris and Madrid. Advisers included Kryalos SGR, DLA Piper, Deloitte, Eastdil Secured, CBRE, and Cushman & Wakefield.

2 min

Hyatt strengthens Caribbean portfolio with Dreams resort in the Dominican Republic

🏖️ Hyatt Hotels Corp. expands its all-inclusive portfolio with a Dreams Resort & Spa in the Dominican Republic, set to open by the end of the year. Dreams Cap Cana Resort & Spa will offer 519 guestrooms, 40 villas, and 100 swim-up suites near Punta Cana International Airport. It joins other Hyatt properties on Juanillo Beach, within Cap Cana's gated community. The resort features 10 restaurants, six bars, a 11,000-square-foot spa, four pools, and various sports and entertainment facilities. Hyatt has opened Hyatt Centric Santo Domingo and Secrets Tides Punta Cana in 2023, with plans for nearly 20 properties in the Dominican Republic by 2025.

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