Swasti Sharma - 10 Minutes News for Hoteliers - Page 19

1 min

CozySuites Acquires Roami, Expands National Footprint with 20 New Properties in Miami and New Orleans

🏠 CozySuites, founded in 2017, has acquired Roami in late August, adding Miami and New Orleans to its operations in 10 cities, including Dallas and Phoenix. Roami contributes 20 new buildings, retaining its brand and staff. Roami’s founder, Andreas King Geovanis, will advise CozySuites. The acquisition was competitive, indicating Roami's strong brand. The integration will include CozySuites’ sales platform while leveraging Roami’s established guest experience.

2 min

Global Hotel Alliance Expands into Japan with Tokyu Hotels, Adding 40+ Properties to Loyalty Program

🏨 Global Hotel Alliance (GHA) has partnered with Tokyu Hotels & Resorts Co., Ltd. to expand its presence in Japan as part of its Asia strategy. 50 independent hotel brands are in GHA, which operates the GHA DISCOVERY loyalty program with over 34 million members. More than 40 Tokyu Hotels across cities like Tokyo, Osaka, Kyoto, and Okinawa will join. Japan had 42.7M international visitors in 2025, with Tokyo among the top five most visited cities globally.

1 min

IHG Hotels & Resorts inaugure le premier Hotel Indigo aux Îles Turques-et-Caïques avec des installations haut de gamme

🏨 Hotel Indigo Turks & Caicos Grace Bay has opened, marking IHG Hotels & Resorts' first property in the islands. Managed by Lighthouse Hotel Management, this 56-room hotel is 15 minutes from Providenciales International Airport. It offers contemporary guestrooms, an infinity courtyard pool, and dining at Il Forno and Brango. Guests enjoy amenities like cruiser bicycles, beach services, and water sports. General Manager Mark Illingworth highlights the hotel's cultural connection and exceptional hospitality.

2 min

Hotel Equities assumes management of Sun Mountain Lodge in Washington

🏗️ Hotel Equities now manages Sun Mountain Lodge, a 2,000-acre resort in Washington’s Methow Valley, owned by GEM Real Estate Partners. Recent renovations include updated lodge guestrooms and 16 pet-friendly cabins. The resort features two restaurants, a 2,000-bottle wine cellar, and 7,000 sq ft of meeting space. Winter activities offer 240 km of ski trails, while warmer months provide mountain biking and rafting. This addition bolsters Hotel Equities’ Lifestyle Division strategy.

2 min

U.K. hotel sector rallies in second half of 2025: Knight Frank

🏨 The U.K. hotel sector in 2025 showed resilience, with a strong recovery in the second half after a challenging start. London saw an 82.5% occupancy rate, up by 1.2 percentage points. ADR declined by 2.5% in H1 but grew by 2% in H2. RevPAR growth was 1.9% in London and 1.8% in regional markets for 2026. Regional occupancy reached 79%, and leisure revenues rose 6%. Payroll costs increased by 30% per available room compared to 2019.

2 min

a&o converting Berlin office into Europe’s largest hostel

🏨 a&o Hostels purchased a vacant office building in Berlin's Kreuzberg in late 2023 to convert it into Europe's largest hostel. The €40 million project will offer 2,500 beds across 610 rooms, with 69% shared accommodations. Berlin's tourism increased by 7.5% in 2024 with 13 million visitors. a&o's expansion has seen a €500 million investment, adding 11,000 beds over 24 months. The hostel sector is projected to reach €8.2 billion by 2029, with the project opening in early 2027.

2 min

Curio Collection’s The Monarch San Antonio opens in Hemisfair district

🏨 The Monarch San Antonio, Curio Collection by Hilton, opened in the Hemisfair district with a $185 million investment. This 200-room hotel, rising 17 stories, is owned by Zachry Hospitality. Guestrooms boast amenities like SFERRA linens and Nespresso machines. Culinary highlights include a 28-day dry-aged beef ribeye and Yucatán-inspired dishes. The hotel features a spa, 550-square-foot fitness studio, and 15,000 square feet of event space, with La Mariposa, a $2 million art installation.

1 min

Peregrine Groups expands footprint with two NoCal acquisitions

🏨 Peregrine Hospitality acquired two Northern California properties: The Lodge at Tiburon and Toll House Hotel. The Lodge features 104 rooms, 10,000 sq ft of meeting space, and is near San Francisco attractions. Toll House Hotel, with 115 keys and 6,300 sq ft meeting space, was renovated in 2021 and is close to Los Gatos landmarks. Peregrine operates 57 hotels nationwide, targeting high-demand leisure and corporate markets year-round.

2 min

Paris Marriott Champs-Élysées completes full renovation

🏨 Paris Marriott Champs-Élysées Hotel underwent a complete renovation, finalizing the transformation of 192 guestrooms and 58 suites. Led by Muza Lab, the redesign incorporates couture influences with monochromatic and saffron accents. The hotel introduces Jenny, a restaurant and bar, and will reopen Cira's terrace in Spring 2026. It features seven meeting venues for up to 250 guests, offers Clefs d’Or concierge services, and has exclusive experiences like The Ultimate Guerlain Experience. Henri Michel was appointed as the new GM last month.

3 min

PRISM-owned STR brand gains 10 former Sonder properties

🏠 Belvilla, a PRISM-owned brand, secured 10 U.S. properties from Sonder's bankruptcy proceedings, entering key markets like New York, New Orleans, and Denver. Operations began in Long Island City and New Orleans. The expansion reflects a strategic, economics-led approach with plans for future growth. Belvilla manages over 60,000 homes in Europe, while PRISM, its parent company, projects USD 280 million earnings for FY 2026, with operations spanning multiple continents.

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