Posts by author

l.sangare

67 posts
View Post
  • 5 min

Paris Saint-Germain's "Ici C'est Paris La Maison" Attracts 33,000 Visitors Worldwide, Expands in January 2027

🏟 Real Madrid's Santiago Bernabéu (€1.76 billion renovation from 2019-2024) and Manchester City's Etihad Stadium expansion (2023-2026, 61,000+ seats) demonstrate stadiums as year-round destinations. PSG's "Ici C'est Paris La Maison" tour visited cities like London and Tokyo, drawing 33,000 visitors, with a new season in January 2027. Accor's partnership with PSG, renewed until 2030, exemplifies hospitality and sports convergence, aligning with sports tourism's $111.2 billion impact in 2025.
View Post
Share
View Post
  • 3 min

Accor Expands Egyptian Portfolio with 20 New Projects, Doubling Capacity to Meet National Tourism Goals

📈 Accor plans to nearly double its Egyptian portfolio, currently 38 hotels with 12,900 rooms, by adding 20 projects with 6,700 rooms. A notable project is the ibis North Coast Sidi Kerir, set to open in late 2029. Accor lost management of two iconic hotels to Mandarin Oriental on May 1, 2026. Egypt aims for 30 million tourists by 2030, necessitating 200,000-250,000 new rooms. Accor's commitment covers about 10% of this need.
View Post
Share

Madrid Hotels See RevPAR Surge Up to 170% During Spanish Grand Prix Weekend at Madring Circuit

🏎 In September, Madrid hosted its first Grand Prix in 45 years at the Madring circuit. Hotels saw RevPAR peak at €405 on Saturday, 12 September, with occupancy rates between 81% and 89%. Compared to 2025, RevPAR increased by 170.3% on Friday and 168.5% on Sunday. The event drew 353,000 spectators over the weekend. Madrid signed a contract to host until 2035, joining Barcelona on Spain's racing calendar.
View Post
Share

Ennismore Opens 106-Room Hyde Hotel in Mexico City, Emphasizing Music and Nightlife Heritage

📍 106 rooms, studios, and suites at 355 Avenida Paseo de la Reforma, Mexico City, target leisure and business travelers. Hyde, a brand from Los Angeles nightlife, launches as a hotel with rates from $249/night. Guests receive 50% off stays of 3+ nights from September 1 to December 1, 2026, via Ennismore's Dis-loyalty program. Artistic features include Mexican sculptures, musical-themed rooms, and a vibrant social atmosphere. Hyde is expanding to Mazatlán in 2027.
View Post
Share

Céline Dion Concerts Drive Up Hotel Prices by 20% in La Défense, Paris, for Autumn 2026 Residency

🎭 **Paris, September-October 2026**: Hotel occupancy in La Défense ranges from 50% to 80%, with prices surging over 20% on average during a 16-night concert residency. On October 17, rates increased by 120%. The concerts draw 500,000 spectators, 30% international, similar to the 2024 Taylor Swift event. Demand for alternative accommodations rises, with Courbevoie rentals up 400%. The Marriott Bonvoy program partners with the concerts, while Céline Dion stays at Royal Monceau. Future demand is expected in May 2027.
View Post
Share

Ennismore and Yamed to Open Delano Marrakech Hotel with 130 Rooms, 80 Residences by 2030

🏠 In Marrakech, a major project set near the Medina and Jardin Majorelle will feature a hotel with 130 upscale rooms and suites, plus 80 residences in villas. The project includes event spaces, sports facilities, and golf access. The hotel opens in 2030; residences for sale in late 2026. The signing ceremony occurred on April 22, 2026, with key figures like Gaurav Bhushan and Karim Beqqali. Design by Elastic Architects and Yamed, featuring Café Delano and Rose Bar.
View Post
Share

HIP Plans IPO for Late 2026 to Raise €700 Million, Valuing Company at €6-7 Billion

💰 Planned IPO: late October - early November 2026, Spain. HIP aims for €700 million through new shares, enhancing a portfolio of 62 hotels (20,000 rooms) in Spain, Portugal, Italy, Greece. 94% of rooms are 4 or 5 stars, 78% seaside. Valuation: €6-7 billion, up from €4 billion in 2023. Owned 65% by Blackstone, 35% by GIC. Funds target growth via acquisitions and renovations; bankers: Goldman Sachs, BNP Paribas, Santander, Citi, Morgan Stanley.
View Post
Share

Mandarin Oriental Brickell Key Closes After 25 Years, Paving Way for $1 Billion Luxury Residences and Hotel

🏠 Mandarin Oriental, Miami, opened in 2000 on Brickell Key, closed on May 31, 2025, affecting 430 employees. The hotel boasted 326 rooms and received accolades, including a Michelin Key in 2024. A new $1 billion project, The Residences at Mandarin Oriental, will include two towers with 228 residences in the 66-floor South Tower and a 121-room hotel in the 33-floor North Tower. Completion is targeted for 2030, with prices ranging from $4.9 million to $100 million.
View Post
Share

Lourdes Hotels Near 95% Occupancy for Pope's Visit with 150,000 Pilgrims Expected in September

🏯 On September 26-27, Lourdes, France, will host Pope with events at the Sanctuary of Our Lady of Lourdes. The occupancy rate for these dates is nearly 95%, surpassing 2025 by 20 points, with 150,000 pilgrims expected over two days. Over 30,000 registered within 24 hours starting August 10. Lourdes, with France's second-largest hotel capacity, attracts international visitors. Unlike Metz, its hotels transition from high occupancy to full capacity due to the Pope's visit.
View Post
Share

Accor and Al Qimmah Extend Partnership with 850-Key Novotel Opening in Mecca by 2030, Expanding Saudi Portfolio

🏨 Accor and Al Qimmah Hospitality extended their partnership in Saudi Arabia with a Novotel opening in Mecca by 2030, adding to their five-hotel portfolio in Jeddah, Mecca, and Medina. Announced on 24 August 2026 in Paris, the deal supports job creation and aims to train over 3,000 Saudis by 2030 via the Tamayyaz program. Currently, Accor operates 48 hotels with 21,600 keys in Saudi Arabia, with plans for 47 more hotels, aligning with Saudi Vision 2030.
View Post
Share