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Swasti Sharma

244 posts
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  • 2 min

IHG and Harilela Group Sign Deal for Three Hotels to Join Vignette Collection in Key Cities

  • Swasti Sharma
  • 17 August 2026
🏨 IHG Hotels & Resorts and Harilela Group, a Hong Kong-based company, signed a deal to add three Hari Hotels (85-room The Hari London, 210-room The Hari Hong Kong, and 324-room The Hari Singapore) to IHG's Vignette Collection. This expands their partnership to six hotels across Asia and Europe. Vignette Collection now boasts over 80 hotels, aiming for 100 in its first decade. The Hari Hotels offer luxury experiences with unique charm.
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Bright modern living room with large ocean-view windows, beige sofa, tan chairs, and a round dining table with a wine bottle on it.
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  • 2 min

Atlantic Suites Hotel in Guyana to Become 240-Room Hyatt Regency Georgetown by 2028 in $50 Million Project

  • Swasti Sharma
  • 14 August 2026
🏨 Atlantic Suites Hotel in Guyana will rebrand as a Hyatt Regency by 2028, in a $50 million project. Situated six miles from Eugene F. Correia International Airport, the current facility offers 80 rooms and shares amenities with Pegasus Hotel, including 36,000 sq ft of event space. The future 240-room Hyatt Regency Georgetown Guyana will feature a pedestrian bridge, restaurant, rooftop bar, and join the World of Hyatt loyalty program. Hyatt Place Georgetown will add 136 rooms this year.
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Poolside at a tropical resort with palm trees, lounge chairs under blue umbrellas, and the ocean in the background.
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  • 2 min

Marriott and The Reef Resorts to Convert Three Playa del Carmen Resorts to Tribute Portfolio by 2027

  • Swasti Sharma
  • 13 August 2026
🏝 Marriott International and The Reef Resorts & Spa are set to convert three Playa del Carmen resorts into the Tribute Portfolio Collection by 2027, adding 676 rooms. Renovations start in late 2026. The Reef Playacar, The Reef 28, and The Reef Coco will undergo changes, with The Reef Coco expanding to 358 rooms by 2028. Tribute Portfolio has 10 properties with 1,350 rooms and plans to double by 2027. The resorts will accommodate 900 attendees for events.
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Bright living room with curved floor-to-ceiling windows overlooking a cityscape; white sofa, wicker chairs, blue rug, and wood coffee tables.
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  • 2 min

Valor Hospitality Partners Expands West Coast Presence with Management of 92-Room The Monsaraz Hotel in San Diego

  • Swasti Sharma
  • 13 August 2026
🏨 Valor Hospitality Partners expands to the West Coast by managing The Monsaraz, a 92-room hotel in San Diego's Point Loma. Opened in 2021, it's the first new hotel in the area in over a decade. This deal marks Valor's tenth U.S. acquisition this month. The hotel features Portuguese-themed design and cuisine at its Unico restaurant, supported by SAVOR by Valor. Valor operates in 75 cities across 26 countries, with more than 100 projects globally.
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Silhouette of London's skyline at sunset, featuring The Shard and rounded city buildings against a pink‑orange sky with a few birds in flight.
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  • 3 min

European Hotel Investment Reaches €11.7 Billion in H1 2026, Despite 9.5% YOY Decline, Report Says

  • Swasti Sharma
  • 13 August 2026
🏨 European hotel investment reached €11.7 billion in H1 2026, 19.5% above the 10-year average but 9.5% down YOY. Major transactions over €100 million increased 30% YOY. Asian investment surged 86% YOY, countering drops from the Americas and Middle East/Africa. Average room price rose 9% to €228,416. UK led by volume at £3.22 billion, with London at €2.3 billion in transactions. Europe-wide RevPAR was €101, up 3% YOY. Hotel supply in Europe expanded 2.9% YOY.
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Bright hotel room with a king bed, white bedding and an orange accent pillow, green upholstered headboard, and paired nightstands with pendant lights. A flat-screen TV sits on a wooden stand opposite the bed. At the foot is a small round table and pink bench. Large windows and a glass door lead to a balcony with potted plants and a city view, creating a airy, contemporary atmosphere.
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  • 2 min

Hilton Debuts 174-Room Tapestry Collection Resort in Vietnam's Hoi An Along Co Co River

  • Swasti Sharma
  • 11 August 2026
🏨 Hilton has launched NHAAN Resort & Spa Hoi An, Tapestry Collection by Hilton, featuring 174 rooms along Vietnam's Co Co River. Designed by architect Vo Trong Nghia, the resort offers garden, river, and deluxe rooms, plus connecting pair options. Amenities include four dining venues, a spa, fitness center, infinity pool, and a 200-square-meter ballroom. Located in Da Nang City, rates start at VND 2,386,000. The development is a collaboration with Dat Phuong Group, reflecting Hilton's growth in Southeast Asia.
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IHG Half Year Results 2026 infographic with a hotel suite image on the left and key metrics on the right (opened, signed, pipeline, RevPAR, profits).
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  • 2 min

IHG Hotels & Resorts Reports 10% Increase in Operating Profit to $665 Million for First Half of 2026

  • Swasti Sharma
  • 11 August 2026
📈 IHG Hotels & Resorts reported a 10% increase in operating profit, reaching $665 million for the first half of 2026. Adjusted EPS rose by 13% to 274.7 cents. The global RevPAR increased 4.1%, with a total gross revenue of $18.2 billion, up 7%. IHG opened 31,500 rooms in 197 hotels and signed 49,200 rooms in 352 hotels, both up 8%. The hotel pipeline grew to 348,000 rooms across 2,385 hotels.
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Four-story classic brick-and-stone building with glass storefronts on the ground level and flags at the entrance on a city street.
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  • 2 min

Raines to Manage 114-Room AC Hotel in Downtown Little Rock, Expanding Portfolio to 50 Properties

  • Swasti Sharma
  • 11 August 2026
🏨 Raines will manage the 114-room AC Hotel Downtown Little Rock, located at 201 W. Capitol Avenue, part of the Capitol-Main Historic District. The hotel features a fitness center, meeting space, and the AC Lounge bar and restaurant. Raines plans to utilize 5,000 square feet of meeting space for events. This addition increases Raines' portfolio to 50 properties with 5,393 keys. The hotel is near the River Market District, linking to Riverfront Park and the Clinton Presidential Library.
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King-size bed with white bedding in a bright hotel-style bedroom; orange accent wall with framed art, two nightstands, and a large window.
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  • 2 min

Cambria Hotels Opens New Locations in Texas and Oregon, Expanding Choice Hotels' Upscale Portfolio to Over 75 Properties

  • Swasti Sharma
  • 10 August 2026
🏨 Cambria Hotels expands with two new properties: Cambria Hotel Euless – DFW Airport South in Texas and Cambria Hotel Bend – Mt. Bachelor in Oregon. The Texas site features 107 rooms near Dallas Fort Worth Airport, while the Oregon hotel has 131 rooms near Mount Bachelor. Part of Choice Hotels’ upscale brand, with over 75 U.S. locations and 50 more in development, including international expansion plans.
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Resort hotel complex along a lake with palm trees and a grassy foreground under a clear blue sky
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  • 2 min

Trinity Investments to Sell Grande Lakes Orlando Resort for $1.38 Billion to Ryman Hospitality Properties

  • Swasti Sharma
  • 10 August 2026
🏨 Trinity Investments will sell the Grande Lakes Orlando Resort to Ryman Hospitality Properties for $1.38 billion, marking the largest non-gaming U.S. resort transaction. Located on 409 acres, the resort includes a 582-key Ritz-Carlton and a 1,010-key JW Marriott. Trinity acquired it in December 2018 for $870 million. The resort features 320,000 sq. ft. of meeting space, a 40,000 sq. ft. spa, and hosts the PGA Tour’s PNC Championship. The deal closes in Q3 2026.
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