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Swasti Sharma

167 posts

Sculptor Real Estate and Trinity Investments Acquire JW Marriott Marco Island Beach Resort from MassMutual

  • Swasti Sharma
  • 4 May 2026
🏨 A joint venture involving Sculptor Real Estate and Trinity Investments has acquired the JW Marriott Marco Island Beach Resort from MassMutual. The resort spans over 26 acres on Florida’s Gulf Coast, featuring 809 guest rooms, a quarter mile of beachfront, and access to 400 acres of golf amenities. Trinity has invested over $225 million in its Florida portfolio, including The Diplomat Beach Resort and Grande Lakes Orlando Resort. The acquisition aims to enhance the resort's competitive position.
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  • 2 min

The Diplomat Beach Resort Reopens as Signia by Hilton After $80 Million Transformation and Brand Transition

  • Swasti Sharma
  • 2 May 2026
🏖 The Diplomat Beach Resort transitioned into the Signia by Hilton brand, officially opening in 2023 after an $80 million renovation. This 1,000-room South Florida resort features over 200,000 square feet of event space, including a 50,000-square-foot Great Hall. Guests can enjoy six dining venues and a semi-private beach. The Club Signia, located on the 33rd floor, offers exclusive amenities for premium guests. Signia by Hilton continues to expand globally with new locations planned.
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Accor Opens Mercure Tauranga, Expanding New Zealand Portfolio to 49 Hotels with Multi-Million-Dollar Refurbishment

  • Swasti Sharma
  • 2 May 2026
🏨 Accor has opened Mercure Tauranga in New Zealand's central business district, marking its 49th hotel in the country. Formerly Hotel Armitage, this 80-room property is undergoing a multi-million-dollar refurbishment. The opening signifies Accor's confidence in Tauranga, where tourism earnings rose by 5% last summer. This is the first internationally branded hotel in the city, enhancing Accor's partnership with Prime Hotels. Mercure plans further upgrades to attract corporate and leisure visitors.
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Villa San Michele in Florence Reopens After 18-Month Renovation with Redesigned Rooms and New Spa by Guerlain

  • Swasti Sharma
  • 29 April 2026
🏨 Villa San Michele, A Belmond Hotel, Florence, reopened on April 28, 2026, after an 18-month renovation. Located in the Fiesole hills, the hotel now features 39 redesigned rooms and suites, a Guerlain spa, and restored gardens. Renovations include 27 suites and 12 rooms by Luigi Fragola Architects. Guests can enjoy new dining options and curated wellbeing experiences. The gardens cover over 10,000 square meters, and the property offers seasonal programs like yoga and sound healing.
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  • 2 min

HEI Hotels & Resorts Adds 21st Florida Property with Embassy Suites Palm Beach Gardens Acquisition

  • Swasti Sharma
  • 28 April 2026
🏨 HEI Hotels & Resorts added the Embassy Suites Palm Beach Gardens PGA Boulevard in Palm Beach Gardens, Florida, to its portfolio. This marks HEI's 21st property in Florida. The 160-room hotel, located off I-95, recently completed guestroom renovations with future lobby updates planned. CEO Anthony Rutledge emphasized maximizing asset value. Principal Joseph Lubeck, a Palm Beach Gardens resident, highlighted local partnerships. HEI's expansion continues in Florida and the Southeast, managing premium-branded hotels nationwide.
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  • 2 min

Urban Street Development Completes Expansion of Hotel Indigo Tallahassee, Adding 94 Rooms and 5,500 Sq. Ft. Retail Space

  • Swasti Sharma
  • 28 April 2026
🏨 Urban Street Development completed the Stadium Tower expansion of Hotel Indigo Tallahassee CollegeTown, increasing the hotel to 237 rooms, including 94 new guestrooms and six two-bedroom suites. They added 5,500 sq. ft. of retail space. Located at 826 W. Gaines Street, the expansion opens before graduation season for Florida State and Florida A&M universities. The grand opening is set for May 21, 2026. The hotel features on-site dining, meeting space, and a fitness center.
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  • 2 min

Sonesta to Open 168-Room MOD Collection Hotel in La Romana, Dominican Republic by 2028

  • Swasti Sharma
  • 28 April 2026
🏨 Sonesta International Hotels Corporation announced a franchise agreement for a new 168-room hotel in La Romana, Dominican Republic, with openings in fall 2027 and fall 2028. This adds to two other properties under construction: The James Larimar City and Sonesta ES Suites Jarabacoa. The MOD Collection brand, launched in 2023, aims to blend local influences in hotel design. Guests can earn points through the Sonesta Travel Pass loyalty program.
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  • 2 min

Ennismore, Accor India, and InterGlobe Hotels to Open The Hoxton, Bengaluru City in November 2026

  • Swasti Sharma
  • 28 April 2026
🏨 Ennismore, Accor India, and InterGlobe Hotels are set to open The Hoxton, Bengaluru City, their first Indian hotel, in November 2026. Located on Richmond Road, the 149-room hotel will feature Roomy, Biggy, and four 55-square-meter HOMEY suites. Dining options include a ground-floor restaurant and Fi’lia, an Italian rooftop pool restaurant. The Apartment, a meetings space, will hold up to 240 guests. Accor and InterGlobe aim for 300 hotels in India by 2030.
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Preferred Hotels & Resorts Adds 20 New Properties Globally, Expanding Portfolio Across Five Continents by March 2026

  • Swasti Sharma
  • 28 April 2026
📍 Preferred Hotels & Resorts expanded its portfolio by adding 20 new member properties from January 1 to March 31, 2026. Notable additions include Ametis Villa Bali in Indonesia, Boscolo Hotel Lyon and Spa in France, and ENVI Paje in Tanzania. Members can earn 2,500 bonus points for bookings by June 30, 2026, for stays through September 30, 2026. The I Prefer Hotel Rewards program, with over six million members, continues to offer redeemable points and benefits globally.
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  • 2 min

Hilton Los Angeles Airport Completes $50 Million Renovation of 1,234 Guestrooms Near LAX Airport

  • Swasti Sharma
  • 27 April 2026
📍 Hilton Los Angeles Airport completed a $50 million renovation of its 1,234 guest rooms, located under a mile from LAX. The redesign features minimalist, mid-century styles with new layouts, premium mattresses, and upgraded amenities. The hotel remained operational during the renovation. It offers 55,000 square feet of meeting space and easy airport access. Jeff Ragonese, the general manager, highlighted the hotel's role as a leading destination amidst Los Angeles' growing global attention.
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