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Swasti Sharma

204 posts

Aareal Bank Arranges €405.57 Million Financing for Pandox's 13-Hotel Portfolio Across Eight European Cities

  • Swasti Sharma
  • 12 May 2026
💵 Aareal Bank AG arranged a €405.57 million financing for Pandox AB's 13 European hotel properties, totaling 3,458 rooms across eight cities, including Amsterdam and Vienna. The transaction, closed on March 31, 2026, supports Pandox's asset management strategy. Many hotels operate under long-term leases with NH Hotel Group, NUMA, and Radisson. Some properties have BREEAM “Very Good” or “Excellent” ratings, qualifying part of the loan as green financing. Pandox's portfolio is valued at approximately SEK 93 billion (€8.6 billion).
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Remington Hospitality Opens ONE|GT, a Luxury Hotel in Grand Cayman with Exclusive Small Luxury Hotels Membership

  • Swasti Sharma
  • 12 May 2026
🏨 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.
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Stonebridge to Manage 179-Room Anthem Hotel in Los Angeles' Stadium District, Expanding Tapestry by Hilton Collection

  • Swasti Sharma
  • 12 May 2026
🏨 Denver-based Stonebridge will manage The Anthem Los Angeles Stadium District, a 179-room Tapestry by Hilton hotel located in Inglewood, California. Situated along Century Boulevard, it's near the Intuit Dome, SoFi Stadium, Kia Forum, and YouTube Theater. The hotel features an outdoor pool, fitness center, event space, restaurant, and rooftop bar. Stonebridge aims to optimize performance using its integrated operating platform, enhancing revenue management and building long-term asset value.
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G6 Hospitality and Natson Hotel Group to Develop 18 Studio 6 Plus Extended-Stay Properties Across the U.S.

  • Swasti Sharma
  • 11 May 2026
📍 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.
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OUTRIGGER Hospitality Group Opens 63-Suite Resort on Thailand's Phi Phi Island, Expanding to Fourth Location in Thailand

  • Swasti Sharma
  • 8 May 2026
🏖 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.
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Red Roof to Launch First Canadian Property in Vancouver with 160-Room Red Roof PLUS+ by 2026

  • Swasti Sharma
  • 7 May 2026
🏨 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.
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IHG Hotels & Resorts Reports 4.4% Global RevPAR Growth and 7,000 Open Hotels in Q1 2026

  • Swasti Sharma
  • 7 May 2026
📈 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%.
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Nobu Hospitality to Develop First Countryside Retreat, Nobu Woolfox, in Rutland, England with Woolfox Partnership

  • Swasti Sharma
  • 7 May 2026
🏨 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.
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HQ Hotels & Residences to Open $130M Cas En Bas Resort in Saint Lucia by November 2026, Creating 300 Jobs

  • Swasti Sharma
  • 7 May 2026
🏨 HQ Hotels & Residences plans to open a $130 million HQ Cas En Bas Resort in Saint Lucia by November 2026. Located in Cap Estate, near Rodney Bay, the development features 96 studios and apartments, with plans for 82 more, totaling 178 units. It’s over 90% sold and will generate up to 300 permanent jobs. The resort will include dining by Michelin-starred Chef Fabio Trabocchi. Operated by Wellington Estates in partnership with Wyndham Hotels & Resorts.
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Accor to Rebrand Peppers Waymouth Adelaide as Mövenpick Hotel, Launching December 2026 After Major Refurbishment

  • Swasti Sharma
  • 6 May 2026
📍 Mövenpick Hotel Adelaide will debut in December 2026 on Waymouth Street, Adelaide. Owned by Mattioli Group, this will be Accor’s fifth Mövenpick property in Australia and New Zealand. The hotel underwent a multi-million-dollar refurbishment, incorporating South Australian design inspirations. Mövenpick operates over 140 hotels in 40+ countries, planning a 70% growth in five years. Camil Yazbeck, Domenic Mattioli, and Adrian Williams emphasize Mövenpick’s focus on hospitality and connection with guests.
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