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Posts by author

Swasti Sharma

363 posts
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  • 2 min

Olympia Hospitality Takes Over Management of Two New England Hotels, Expanding Partnership with Mount Vernon Company

  • Swasti Sharma
  • 25 June 2026
🏨 Olympia Hospitality has taken over management of two New England hotels: Inn on the Square in Falmouth, MA, with 82 rooms, and North Conway Grand Hotel in NH, featuring 200 rooms. This expands their partnership with The Mount Vernon Company. Both hotels offer amenities like pools and on-site dining. The Inn provides shuttle access to Martha's Vineyard ferry, while the Grand Hotel is near Settlers Green outlet. Investments are planned for future upgrades.
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Blacksand and Marriott to Develop 10 Hotels in Saudi Arabia by 2027, Adding Over 1,300 Rooms

  • Swasti Sharma
  • 24 June 2026
🏨 Blacksand and Marriott International have partnered to develop 10 hotels in Saudi Arabia over four years, offering more than 1,300 rooms. The collaboration spans across Marriott brands, including St. Regis, Moxy, and Residence Inn. Set to open by 2030, the hotels will create over 6,000 jobs, with 60% for Saudi nationals. The first hotel will debut in Riyadh, supporting Saudi Arabia's urban and tourism development plans.
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Drury Hotels Begins Construction on 180-Room Drury Plaza Hotel in Daytona Beach, Florida, Opening in June 2027

  • Swasti Sharma
  • 24 June 2026
🏨 Drury Hotels is constructing a new Drury Plaza Hotel in Daytona Beach, Florida, near the Daytona International Speedway. Opening in June 2027, it will feature 180 guest rooms and over 2,000 square feet of meeting space for up to 200 attendees. It's the fourth Drury hotel in Florida in 2026. Amenities include free breakfast, Wi-Fi, and an outdoor pool. The hotel will employ about 50 staff members. Reservation is open now.
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IHG Signs Kimpton Hotel in Madrid's Salamanca, Opening 2030 in Partnership with El Corte Inglés

  • Swasti Sharma
  • 22 June 2026
🏨 IHG Hotels & Resorts will open its first Kimpton hotel in Madrid's Salamanca neighborhood in mid-2030, collaborating with El Corte Inglés. The 106-key hotel will feature a ground-floor restaurant, spa, indoor pool, and rooftop bar. In 2025, Madrid's tourism hit €17.9 billion, a 71% increase from 2019. IHG has 116 open and 68 pipeline luxury/lifestyle properties in Europe and 66 open with 16 in the pipeline in Spain.
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The Stockman, Auberge Collection at Steamboat Resort Surpasses $90 Million in Contracts Within 60 Days of Launch

  • Swasti Sharma
  • 18 June 2026
🏔 Developed by Stockman Development LLC, The Stockman, Auberge Collection, is a luxury ski-in, ski-out residence at Steamboat Resort, Colorado. Within 60 days of launch, over $90 million in sales were contracted. The nine-story building will feature 95 residences and 59 hotel rooms at 1965 Ski Time Square Drive, opening in 2030. Designed by OZ Architecture with sustainable features, the project aligns with Steamboat Resort's $220 million Full Steam Ahead initiative.
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Pyramid Global Hospitality Assumes Management of South Seas Resort in Captiva, Florida, Overseeing Full Operations

  • Swasti Sharma
  • 18 June 2026
🏖️ Pyramid Global Hospitality has been appointed to manage South Seas, an island resort on Captiva, Florida. The resort spans 330 acres with 2.5 miles of beachfront, and over half is a wildlife preserve. Since 2022, redevelopment includes new villas and Captiva Landing waterpark. The management deal involves Wheelock Street Capital, Timbers Company, and Ronto Group. Pyramid oversees golf, marinas, and nine dining venues, aiming to transform South Seas into the top U.S. family resort.
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IHG Signs First Hotel Indigo in Sweden with 232 Rooms, Opening in Stockholm's Kvarnholmen by 2029

  • Swasti Sharma
  • 17 June 2026
🏨 IHG Hotels & Resorts has signed with Kvarnholmen Utveckling to open Hotel Indigo Stockholm – Kvarnholmen, Sweden's first Hotel Indigo. Located in Nacka, Stockholm, it will feature 232 rooms, a rooftop pool, and wellness facilities. Opening in 2029, and operated by 1912 Hotels, the hotel spans 150 square meters of meeting space. IHG aims to expand in the Nordics, adding to its 13 properties there. Hotel Indigo boasts over 325 hotels in nearly 50 countries.
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Crescent Hotels & Resorts Adds Renovated Kimpton Hotel Monaco Baltimore to 120-Property Portfolio in U.S. & Canada

  • Swasti Sharma
  • 17 June 2026
🏨 Crescent Hotels & Resorts expanded its portfolio by adding the Kimpton Hotel Monaco Baltimore Inner Harbor, located in downtown Baltimore, to its collection. The 202-room hotel, housed in the historic 1906 Beaux-Arts B&O Railroad Headquarters, finished a comprehensive renovation in 2025. With new Double King rooms and modern amenities, it preserves original features like marble staircases and Tiffany-stained glass windows. Crescent's portfolio now includes 120 properties across the U.S. and Canada.
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Remington Hospitality to Manage Sheraton Indianapolis City Centre, Transitioning to Marriott’s Renaissance Brand Following Renovation

  • Swasti Sharma
  • 17 June 2026
🏨 Remington Hospitality acquires Sheraton Indianapolis City Centre, a 378-room hotel on Monument Circle, Indianapolis, for third-party management. The hotel will undergo renovations to join Marriott’s Renaissance brand, featuring new guestrooms, meeting spaces, and a rooftop pool. Despite ongoing renovations, the hotel remains operational. Partnering with Keystone Group, Remington aims to enhance guest experiences and asset performance. This move underscores Remington's strategy of collaborating with owners on property enhancement projects.
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  • 2 min

RLJ Lodging Trust to Open The Atterbury, Autograph Collection, 300-Room Hotel in Pittsburgh by Summer 2026

  • Swasti Sharma
  • 16 June 2026
🏨 RLJ Lodging Trust is set to open The Atterbury, Autograph Collection, a 300-room hotel in downtown Pittsburgh, Pennsylvania, by summer 2026. The hotel will revitalize the historic Fulton Building, constructed in 1906 by architect Grosvenor Atterbury. Interiors by Christine Shanahan will blend original elements with modern design. Highlights include a grand rotunda, an art program, and dining options like The Drafting Room, featuring Pennsylvania craft beer and local fare.
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