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m.welsch

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Marriott expands its branded residences footprint across EMEA

🏠 Marriott expands its EMEA branded residential portfolio, boosting its footprint by 23% in Europe and 59% in the Middle East and Africa since late 2023. With over 50 projects in 18 countries, nearly 20 new agreements were signed in 2025, half being standalone residences. Key projects include Marriott Residences in Budapest and Dubai Islands. Two-thirds of 2025 signings are luxury, with high demand in coastal and urban areas. Affini in Dubai sold out in a week.
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IHG unveils the location of its new Hotel Indigo project

🏨 Scheduled for February 2026, the K West Hotel in West London will transform into Hotel Indigo London K West Shepherd’s Bush. This strategic shift follows a 2023 agreement between Lancaster Landmark Hotel Company and IHG Hotels & Resorts. The revamped hotel will feature 231 rooms, a restaurant, bar, and wellness space. Inspired by its past as BBC’s Kensington House recording studios, it honors its musical legacy. Situated near cultural hotspots, it targets travelers seeking cultural experiences.
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Crowne Plaza expands its footprint on the Adriatic coast

🏨 Crowne Plaza Budva is set to open in Budva's Slovenska obala promenade, offering 81 rooms, a sea-view restaurant, and meeting spaces. Developed with Uniprom Hoteli, it strengthens IHG's Adriatic presence. IHG operates 12 hotels in the Balkans, with 10 more in development. The project supports Montenegro's tourism growth, alongside global brands like Hyatt and Accor. Crowne Plaza brand has over 400 properties globally, enhancing its hybrid travel offerings.
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[Update] Dalata shareholders approve the takeover by Pandox and Eiendomsspar

💰 Pandox AB completed a €1.7 billion acquisition of Dalata Hotel Group on November 7, 2025, integrating 53 properties across the UK and Ireland. Expected annual rental income boost: SEK 1.2 billion; cash earnings: SEK 450 million. Post-divestment to Scandic in 2025, transaction value: €1.2 billion. Scandic to acquire the hotel business in H2 2026 for €500 million. Dalata manages 56 hotels with 12,219 rooms, aiming for 21,000 rooms by 2030. Shareholders approved the deal, valuing Dalata at €1.4 billion.
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