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m.carisetti

53 posts

Club Med Opens First South African Resort, a $100 Million Investment Creating 600 Permanent Jobs and Surf School

🏖️ Club Med's first South African resort, Tinley Manor, opened on July 4, 2023, on former sugarcane fields near King Shaka International Airport. The project spans 32 hectares and totals 54,000 sqm with 411 rooms, including a surf school. Construction began in 2024, employing up to 1,850 workers daily. With a budget over 2 billion rand, its opening marks South Africa's largest hotel investment since the 1970s. South Africa welcomed 10.5 million international tourists in 2025.
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Accor's Emergency Shelter Initiative Provides Over 11,000 Room Nights for Women and Children in Need

🏨 Grupo Vilarejo, since July 2023, has invested 746,000 reais to rebuild 28 employees' homes in Brazil, reducing turnover to 0.8% among 900 employees. Accor's Emergency Shelter in France housed 1,253 women and children in 11,038 room nights by November 2024, with aims for 1,000 hotels by 2030. Marriott trained over 1.5 million employees globally by mid-2025, while TUI's Tanzania project targets 1,890 micro-enterprises and 2,475 jobs. IHCL restored 1.1 billion litres of water in India.
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Accor Signs Deal for 222-Room Lifestyle Hotel in Manhattan, Acquired Below 2019 Price for $57.8 Million

📍 The 222-room Ink 48 hotel in Manhattan, featuring 17 suites, was acquired by Leyad and Capstone Equities for $57.8 million in December 2024, below the $82.7 million Brookfield paid in 2019. Managed by Rebel Hotel Company since 2025, the hotel is set for a conversion to Sofitel Legend's flagship in the U.S. MGallery Collection claims 128 hotels worldwide, with Hotel Ändra in Seattle joining after a $12 million renovation in 2022.
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Atream Acquires 4-Star Hotel in L'Alfàs del Pi with €2.7 Million Renovation Planned; Pierre & Vacances to Operate It

🏨 In 2025, the Valencian Community welcomed 12.4 million international tourists, with the UK accounting for about a quarter of arrivals. Hotel investment in Spain reached €4.28 billion, largely driven by the leisure segment. A €2.7 million renovation is planned for a newly acquired 4-star hotel in L'Albir. The PV-CP group posted 2025 revenues of €1.95 billion and targets €270 million in adjusted EBITDA by 2030.
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Airelles to Take Over Le Guanahani from Rosewood in Saint-Barthélemy by October 1, 2026

🏨 David Bonderman, co-founder of TPG Capital, passed away on December 11, 2024, leading to the sale of Le Guanahani hotel. Rosewood will cease operations on October 1, 2026. Le Guanahani, located on a 18-acre site in Grand Cul-de-Sac, reopened in November 2021 after Hurricane Irma's destruction in September 2017. Airelles will manage this 66-room hotel. Airelles Palladio opened on April 1, 2026, and received three Michelin Keys on September 18.
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B&B Hotels Opens €70 Million Property on Tronchetto Island, Marking First Venice City Location

📍 The project, first announced in Milan in October 2022, opened in Venice on September 18, 2023, after two and a half years of construction. B&B Hotels now operates its first property in Venice proper, with a €70 million investment on Tronchetto island. The 406-room hotel, equipped with a solar power system, features three restaurants and targets LEED certification. A 60-day entry fee generated €5.2 million in 2026, exempting overnight guests from the €5-€10 charge.
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Wyndham Hotels Launches Dolce Nova Targeting Upper-Upscale Lifestyle Segment in EMEA with €250-€300 Room Rates

🏨 Dimitris Manikis, EMEA president of Wyndham Hotels & Resorts, announced Dolce Nova on September 14 at Manchester Central Convention Complex. The boutique brand, targeting properties starting at 50 rooms, aims for rates of €250 to €300. Wyndham, with 25 brands, focuses on franchising rather than acquisitions. In Q2 2026, the group reported $102 million in net income, a 17% increase, while its pipeline includes 261,000 rooms across 2,200 hotels, 69% midscale and above.
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Louvre Hotels Group Rebrands Bloom Hostel in Bordeaux as HOSHO, Expanding Capsule Bed Concept in France

🏢 Located 600 meters from Place de la Victoire, the 1905 building in the Nansouty neighborhood was renovated in 2023. The property, now known as HOSHO Bordeaux Victoire, offers 3 to 8-bed rooms, a 250 sqm garden, and a bar. Unlike the 2021 Paris model with 240 capsule beds, Bordeaux hosts fewer beds for a more communal experience. Competing in a saturated market, it joins others like Eklo and Jost, targeting an older clientele than typical hostels.
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Luxury Yacht Hospitality Expands: Aman Group and Cruise Saudi's 183-Meter Yacht Launching in 2027

🛳 The Aman group and Cruise Saudi will launch a 183-meter yacht on May 7, 2027, between Palma de Mallorca and Nice, accommodating 94 guests in 47 suites. The luxury cruise market is expanding, with 98 ships projected by 2025, up from 28 in 2010, and 1.7 million passengers by 2029. Disney plans 13 ships by 2030, with cruising generating $3 billion last year. European ports are restricting large ships, and the Ritz-Carlton Yacht Collection reports a 51% occupancy rate.
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Ryman Hospitality Acquires JW Marriott and Ritz-Carlton Orlando for $867,000 Per Room, Following $118M Renovation

🏠 JW Marriott Orlando Grande Lakes and Ritz-Carlton Orlando Grande Lakes, acquired on August 10, 2023, with 1,592 rooms at $867,000 per room, span 165 hectares. Trinity Investments sold the property for $1.38 billion, a $510 million profit since their $870 million purchase in 2018. The Ritz-Carlton was renovated for $118 million, earning a Michelin Key in 2024. Orlando saw a record 76.7 million visitors in 2025, though international visits declined.
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