Hotel Openings

🏨 AMANO Group, a German boutique hotel brand, acquired Waterman House at 41 Kingsway, London, on September 29. Formerly an office, this property will become a 70-room hotel, revitalizing a vacant 25,000 sq ft building. Located near Hotel AMANO Covent Garden, this £20m acquisition brings AMANO’s London investments to £150m. The group aims to replicate its Covent Garden success, which boasts over 90% occupancy. Waterman House redevelopment expects streamlined operations with existing hotels.

🍴 Kwame Onwuachi joined Las’ Lap's team for their new Miami Beach location, opened on August 5 at the Daydrift Hotel. This is the brand's first expansion outside New York, serving Caribbean cuisine like jerk chicken and codfish fritters. The 3,000-square-foot space features an extensive rum selection and cocktails with island ingredients. The intimate design includes a rooftop bar and a lush patio. Onwuachi's Afro-Caribbean menu honors his Creole, Nigerian, Jamaican, and Trinidadian heritage.

📈 The Rio Hotel & Casino in Las Vegas underwent a major renovation in 2024, involving its 2,520 rooms and casino. A $176.5 million CPACE loan, one of the largest, financed the upgrades. This financing closed in under 60 days, showcasing CPACE's speed and efficiency. Private credit, a $1.5 trillion market, offers loan-to-value ratios up to 75% compared to 50-55% from banks. With 35% of hotel loans maturing in 2025 at risk, CPACE and private credit are crucial.

🏞 Marriott launched its Outdoor Collection by Marriott Bonvoy in Bethesda, Maryland, focusing on outdoor stays, with over 1,200 cabins in 29 U.S. locations and Trailborn Hotels in destinations like the Blue Ridge Mountains. The Marriott Bonvoy Outdoors platform offers access to 450+ hotels, 50,000 Homes & Villas, and curated tours. Initial experiences include hiking in Hawaii, kayaking in the Maldives, and snorkeling in Belize. This initiative enhances travel by connecting guests with nature and unique activities.

🏨 **Hyatt Hotels Corporation** is marking the 45th anniversary of Park Hyatt in 2025, with recent expansions across various regions. **Park Hyatt Marrakech** opened on July 1, 2024, with 130 rooms. **London’s River Thames** location debuted on October 8, 2024, with 203 rooms. **Johannesburg** and **Kuala Lumpur** opened in 2025, with 31 and 252 rooms, respectively. Upcoming openings include **Tokyo** (December 2025), **Los Cabos** (late 2025), and multiple locations in 2026, including **Phu Quoc**, **Cancun**, **Mexico City**, and **Vancouver**.

🏠 Amano Group acquired Waterman House, 41 Kingsway, on September 29, 2023, to convert it into a 70-room boutique hotel. Located near Covent Garden, the 25,000 sq ft building has been vacant for nearly 10 years. This acquisition, part of a partnership with Excellion Capital, brings Amano’s London investment to approximately £150 million. The project will feature guest accommodation and a ground-floor food retail unit. The building was formerly owned by Regal Hotels International Holdings.

📍 Bob W, in Munich's Arnulfpark, secures a long-term lease for their fifth city location, covering 1,500 square meters in a building on Lilli-Palmer-Strasse. Opening this winter, it features studio and one-bedroom apartments. Located near Donnersbergerbrücke station, the property supports corporate and leisure travel, with a refurbishment slated for 2026. The building is owned by Peterborough Capital and managed by DW Real Estate. Bob W will showcase at Expo Real, October 6-8, 2025.

🏨 Tru by Hilton Goodlettsville Nashville opens under Resolute Road Hospitality, featuring 98 rooms. 🏨 Located along I-65, it offers easy access to downtown Nashville and attractions like Mansker’s Station. Amenities include rolling desks, spacious bathrooms, free Wi-Fi, and a fitness center. It is owned by SHIV SAI Hospitality Group, Inc. and offers corporate and leisure guests proximity to Dollar General's HQ. This expansion marks Hilton's growth in the Nashville area.

🏨 IHG Hotels & Resorts is expanding its Garner brand in the UK and Ireland with six new hotels. The Garner Hotel London Paddington, with 149 rooms, is set to open in late 2026. Recent openings include 80-room Garner Hotel Preston Samlesbury and 195-room Garner Hotel Edinburgh – Haymarket. The brand now has more than 51 open hotels and 87 in development globally, with ten in the UK. Garner focuses on midscale conversions, offering value and efficiency for owners.