Swasti Sharma - 10 Minutes News for Hoteliers - Page 3

2 min

Fouquet’s to Open Sixth Hotel in Gstaad, Expanding Global Presence with Strategic Partnership in Swiss Alps

🏖 Fouquet’s will open its sixth hotel in Gstaad, Switzerland, in December. This property joins locations in Paris, New York, Courchevel, St. Barth, and Mykonos, with the latter opening just months ago. The Gstaad hotel features 11 suites, six apartments, and a nine-bedroom chalet. The spa spans 800 sq meters and includes a 15-meter pool. Zuma operates a pop-up restaurant offering Japanese cuisine. Grégory Rabuel, CEO of Groupe Barrière, highlights the brand’s global luxury ambition.

1 min

Accor's Luxury & Lifestyle Division Sees 8.3% RevPAR Increase in Q3, Driven by Higher Room Rates

📈 Accor's Luxury & Lifestyle division saw an 8.3% RevPAR increase in Q3 compared to last year, driven by higher average room rates. Luxury, accounting for 71% of revenue, rose 8.9%, with 10.6% growth excluding the Middle East. Lifestyle RevPAR increased by 7.1%, with a 13.8% rise when excluding the Middle East. CEO Sébastien Bazin highlighted the strong performance, noting its support from a favorable events calendar and expressing confidence for continued growth in 2026.

2 min

IHG Reports 5.3% Global RevPAR Growth in Q3 2026 with 92 New Hotels Opened and 164 Signed

📈 IHG Hotels & Resorts reported a 5.3% rise in global RevPAR for Q3 ending Sept 30, 2026. Year-to-date RevPAR increased by 5.6% in the Americas, 3.7% in EMEAA, and 1.0% in Greater China. IHG opened 12.9k rooms (92 hotels) in Q3, totaling 44.4k rooms (289 hotels) year-to-date. The share buyback reached $707 million, with plans to return over $1.2 billion to shareholders in 2026. IHG forecasts meeting fiscal 2026 expectations with EPS growth between 12% and 15%.

2 min

Lore Group Appoints Kristie Rasheed as Managing Director to Oversee U.S. Hotel Operations and Financial Strategy

📌 Kristie Rasheed is appointed as Managing Director for Lore Group's U.S. hotels, overseeing operations in Riggs Washington DC, Lyle Washington DC, and Hotel Park Ave NYC. With over 20 years of experience, she previously managed 40+ hotels at Olympia Hospitality. Rasheed aims to enhance operational performance and financial strategy. She holds a B.Sc. in Hotel Management from the University of South Carolina and has been recognized as Revenue Management Executive of the Year for North America.

2 min

Park Hyatt Beaver Creek Resort & Spa Unveils $20 Million Renovation of 189 Guest Rooms, Including 23 Suites

🏖 Park Hyatt Beaver Creek Resort & Spa completed a $20-million renovation of its 189 guest rooms, including 23 suites, at its ski-in/ski-out location in Beaver Creek Village. The redesign features residential-inspired elements with cognac leather, plaid wool, and antique brass finishes. Sustainability was prioritized with refinished millwork and LED lighting. Guests enjoy a ski valet service, easy access to Beaver Creek Mountain skiing, and amenities like the 8100 Mountainside Bar & Grill and 30,000 sq. ft. Exhale Spa.

1 min

Shaner Hotels Opens 96-Suite TownePlace Suites by Marriott Near Penn State University in State College, PA

🏨 Shaner Hotels opened a 96-suite TownePlace Suites by Marriott in State College, Pa., operated by Shaner and owned by Decibel Partners. This is their fourth hotel opening since August. The pet-friendly hotel, near Penn State University, offers complimentary shuttle service to the nearby State College Airport. Suites include fully equipped kitchens and Smart TVs. Amenities feature Weber grills, a 24/7 fitness center, and a business center. This marks Shaner’s 21st hotel in their Pennsylvania portfolio.

2 min

Global Hotel Alliance Expands with Far East Hospitality, Adding 26 Hotels and 6,212 Rooms Across Asia

🏨 Global Hotel Alliance (GHA) partners with Far East Hospitality (FEH) in 2023, adding 26 hotels and 6,212 rooms in Singapore, Malaysia, and Japan to its network. FEH properties join GHA DISCOVERY, a loyalty program with over 38 million members, in early 2027. Chris Hartley, GHA CEO, and Mark Rohner, FEH Managing Director, emphasize the partnership's regional expansion and unique hospitality offerings, enhancing travel options for members across Asia Pacific.

2 min

Hilton Launches Pay with Points for Digital Check Out, Expanding to 6,000 Hotels by Early 2027

💸 Hilton launched "Pay with Points" for Silver, Gold, Diamond, and Diamond Reserve members, allowing digital point redemption at checkout via the Hilton Honors app. Currently available at 150 U.S. hotels, it will expand to over 800 by 2026 and 6,000+ in the U.S. and Canada by 2027. A survey revealed 70% of members are interested, with half saying it could influence their decision to stay. This initiative responds to feedback for more flexible point usage.

1 min

The Leading Hotels of the World Expands Portfolio with Six New Properties Across Europe, U.S., Asia, and Africa

🗽 Six new hotels joined The Leading Hotels of the World in October 2026, expanding its collection to over 450. Locations include Cortina d’Ampezzo, Dubrovnik, West Palm Beach, Savannah, Punakha, and Nairobi. Le Graal Cortina will open in winter 2026, Villa Argentina Dubrovnik reopened in September 2026, The Nora Hotel debuted on October 19, 2026, Recess Hotel & Club Savannah opened in September 2026, Pemako Punakha opened in 2023, and Hemingways Nairobi opened in 2013. Join LHW’s Leaders Club for exclusive benefits.

2 min

Accor Announces 23 New Hotel Projects in Dominican Republic, Adding Nearly 6,000 Keys and 9,000 Jobs

🏨 Accor has 23 hotel projects in the Dominican Republic, adding nearly 6,000 keys and creating up to 9,000 jobs, with 6.5% of national capacity. Key projects include a 207-hectare multi-brand resort in Miches, and new hotels in Cabo Engaño, Samaná Bay, Cabrera, Juan Dolio, and Punta Cana. The projects, supported by Dominican and international investors, were signed during Dominican Republic Week in France, with Banreservas backing. Opening dates range from 2027 to 2030.

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