Swasti Sharma - 10 Minutes News for Hoteliers - Page 14

1 min

Avion Hospitality to Manage Hilton DFW Lakes, Expanding Portfolio to 40 Hotels Nationwide

🏨 Avion Hospitality will manage the Hilton DFW Lakes Executive Conference Center in Grapevine, Texas, expanding their portfolio to 40 hotels. Recently acquired by Highline Hospitality, the 397-room hotel is near Dallas/Fort Worth International Airport and offers over 60,000 square feet of meeting space. This strategic move enhances Avion's presence in the Dallas–Fort Worth metroplex, leveraging the area's business travel demand and connectivity.

2 min

One Beverly Hills Secures $4.3 Billion Financing for Mixed-Use Development Led by J.P. Morgan and VICI Properties

🏡 In 2026, One Beverly Hills secured a $4.3 billion financing package for its mixed-use development, led by J.P. Morgan's $2.8 billion senior loan and VICI Properties' $1.5 billion mezzanine loan. Spanning 17.5 acres, the project includes Aman Beverly Hills, retail, and hospitality spaces. Construction started in 2024, with phased delivery by 2028, generating $40 billion in local economic activity and creating over 2,700 construction jobs. Notable brands like Dolce&Gabbana and Casa Tua Cucina will join.

IHG and Harisons Sign Agreement for Crowne Plaza Resort Near Delhi, Scheduled for 2029 Opening

🏨 IHG Hotels & Resorts has partnered with Harisons Hotels for a new Crowne Plaza Resort in Gurgaon Sohna, NCR, opening Q1 2029. Located 70 minutes from Delhi Airport, it targets weddings, leisure, and corporate events. Crowne Plaza has over 400 global properties. The resort will feature 150 rooms, four dining venues, a health club, spa, pool, and event spaces, expanding IHG's presence in Southwest Asia.

2 min

Auberge Collection to Open Fifth Colorado Property, The Stockman, in Steamboat Springs by 2030

🏖 Auberge Collection will open The Stockman in Steamboat Springs, Colorado, marking its fifth Colorado property in 2030. The nine-story development will feature 59 guestrooms and suites, 95 private residences, and provide ski-in, ski-out access. Groundbreaking is set for 2026, with residential sales starting the same year. Designed by OZ Architecture, with interiors by Nunzio Marc DeSantis Architects, it will include three dining venues, a spa, and a pool. Residences range from one to five bedrooms, including 13 rooftop "Barn" units.

2 min

Park Hyatt to Debut First Branded Residences in London with 103 Units on River Thames in Nine Elms

🏠 Park Hyatt Residences will launch 103 branded residences in Nine Elms, London, later this year. Developed by Knightcrest, backed by Valouran, these residences are above Park Hyatt London River Thames. Architecture is by Kohn Pedersen Fox with interiors by Christian Bense. Two show apartments, including one on the 26th floor, will be showcased at launch. Henry Barrow leads sales strategy, with Charles Leigh managing the project. This development targets a global audience with high-end hotel services and design-focused living.

1 min

Crescent Hotels & Resorts Acquires La Posada de Santa Fe, Plans Strategic Enhancements for Historic New Mexico Property

🏨 Crescent Hotels & Resorts has added La Posada de Santa Fe, a historical Tribute Portfolio Resort & Spa in Santa Fe, NM. The hotel features 157 rooms, adobe casitas, a spa, salon, and an art curator. Crescent, with over 120 properties in the US and Canada, plans strategic renovations to preserve the hotel's historic charm. They manage luxury hotels under brands like Marriott, Hilton, and Hyatt, serving clients such as REITs and private equity firms.

2 min

Corinthia Hotels to Open New RMB 4 Billion Chengdu Development with ShiLong Industry Co. and Geminus Group by 2032

🏨 Corinthia Hotels is partnering with ShiLong Industry Co. and The Geminus Group to develop Corinthia Chengdu, set to open in 2032 in Chengdu's Gaoxin District. The development includes a mixed-use tower with 150 rooms, 60 branded residences, and additional retail, residential, and commercial spaces, totaling an investment of RMB 4.0 billion. Located at Tianfu Avenue and Tianfu First Street, this project marks Corinthia's entry into China, aiming to blend luxury with Chengdu's local culture.

2 min

Charlestowne Hotels Announces Eight New Projects, Including Boutique and Staffless Concepts, Scheduled Through 2028

🏨 Charlestowne Hotels is expanding across the Midwest, Southeast, and Mountain West with projects through 2028. Hotel Flora in Santa Fe, NM, opens July 2026 with 27 rooms; Hotel Laureum in Milwaukee, WI, follows in June 2027 with 35 rooms. The Inn at Aspen, CO reopened in January 2026 after renovations. The Livery Guesthouse in Tarpon Springs, FL, opens April 2026 with a staffless model. A 50-room Charleston, SC hotel is planned for Fall 2028.

2 min

Trademark Collection by Wyndham Surpasses 100 Hotels in the U.S., Expands Global Portfolio to 350 Properties

🏨 Trademark Collection by Wyndham, part of Wyndham Hotels & Resorts, has exceeded 100 hotels in the U.S. over the past five years, doubling its portfolio. Globally, it boasts nearly 350 hotels, with 100 more in development. Wyndham has invested over $425 million in technology since 2018. Notable U.S. properties include The Galt Hotel in Louisville and The Orbit Hotel near Cleveland. Wyndham Rewards supports nearly 122 million members worldwide.

2 min

IHG's Garner Hotels Reaches 100 Open Locations Globally, Fastest Brand Growth Achieved Since August 2023 Launch

🏨 IHG Hotels & Resorts' Garner Hotels reached 100 open hotels globally by August 2023, becoming the fastest IHG brand to scale. With a pipeline of nearly 80 hotels across 12 countries including the U.S., Mexico, and Japan, Garner saw 52% of IHG room openings in 2025. Supported by flexible development and competitive costs, Garner opened 23 hotels in the Americas and 43 in EMEA in 2025, with notable debuts in Mexico, Italy, and Japan.

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