Swasti Sharma

🏨 Remington Hospitality has opened ONE|GT, a luxury hotel in George Town, Grand Cayman, as the island’s only member of Small Luxury Hotels of the World. Developed by ONE|GT Hospitality Limited, it offers 97 condo-style suites and unique dining options, including Byū, the first rooftop restaurant with an infinity-edge pool. The hotel features a fitness center and event spaces. The strategy focuses on revenue and profitability through coordinated sales and marketing, catering to leisure, group, and business travelers.

📍 G6 Hospitality and Natson Hotel Group signed an agreement to open 18 Studio 6 Plus properties in the U.S. Development starts this month, with the first openings in 2027. Studio 6 Plus, launched at G6’s convention in April, targets extended stay, with 60-80 rooms, full kitchens, and automated check-ins. Natson, with over 100 properties, currently operates 75 G6 hotels. Extended-stay RevPAR hit $78 in 2024, up 14% from 2019, as demand surged.

🏖 OUTRIGGER Hospitality Group opened the 63-suite and villa OUTRIGGER Phi Phi Island Resort on Phi Phi Island, Thailand, in Hat Noppharat Thara-Mu Ko Phi Phi National Park, accessible only by boat. Accommodations feature the Hilltop Ocean View Pool Villa, Beachfront Pool Villa, and Family Garden Villa. Dining includes Mala Kitchen and Edgewater Bar & Grill, while activities offer diving, eco-sensitive tours, and Thai classes. The resort emphasizes local materials and Urak Lawoi traditions. It's part of GHA DISCOVERY, linking to 35 million members in 100 countries.

🏨 Red Roof is set to open its first Canadian location in Vancouver, British Columbia, by July 1, 2026, in partnership with Richmond Airport Enterprises Ltd. This involves converting the 160-room Travelodge Hotel near Vancouver Airport. The revamped Red Roof PLUS+ will feature a business center, fitness facility, hot tub, and indoor pool. Vancouver was chosen due to its leading hotel market trends and high RevPAR. The property will include modern amenities like 65-inch TVs and free Wi-Fi.

📈 IHG Hotels & Resorts reported a 4.4% global RevPAR growth in Q1 2026, with average daily rate up 2.0% and occupancy up 1.5%. The company's net system size increased by 5.0% year-on-year, totaling 1,036,000 rooms. They opened 82 hotels with 14,900 rooms and signed 163 hotels with 21,400 rooms. IHG also completed $240M of its $950M share buyback program. EMEAA RevPAR grew 5.6%, while the Middle East declined by 2%.

🏨 Nobu Hospitality, in partnership with Woolfox, plans a new development called Nobu Woolfox in Rutland, England, near Stamford. Situated on 185 acres, it will feature lake view rooms, a Nobu restaurant, a spa, and branded residences. This marks Nobu's first countryside property, offering a retreat within 1-2 hours from London, Cambridge, Birmingham, and Manchester. Rutland, near Europe’s large Rutland Water reservoir, provides activities like walking and sailing.