Hotel Openings

🎪 Nikjoo and Fare Inc transformed a former department store in Peckham, South London, constructed in 1897, into the Peckham Palais with a cocktail bar and events space. After being vacant for nearly 15 years, the building now features a 270-capacity cocktail bar and a 470-capacity nightclub. Fare Inc aimed to reflect the 1980s era with vintage details, while Nikjoo ensured modern safety standards. The design preserves historical elements like graffiti on windows and chipped paint.

🏔 Four new premium residences by Pierre & Vacances will open in April 2026 in the Swiss Alps, marking their first presence in this region. Located in Valais and Bern, these residences will feature a total of 338 apartments, with amenities like restaurants and family areas. A partnership with TGV Lyria will enhance rail access, supporting sustainable tourism and reducing transport-related emissions, which make up 70% of holiday emissions.

🏨 Andaz Lisbon, the first Andaz hotel in Portugal, opened in Lisbon's Baixa district, overlooking Praça do Comércio. Featuring 170 rooms designed with Portuguese craftsmanship, it includes a rooftop restaurant and wellness facilities. Hyatt plans further expansions in Portugal, including The Standard, Lisbon, and Hyatt Regency Vilamoura Algarve. Andaz now has six European locations, with properties in London, Amsterdam, Munich, Vienna, and Prague, reflecting Hyatt's growth strategy in lifestyle destinations.

🏠 After Nice and Clichy, Edgar Suites and Sogeprom plan to open a 2,865 m² serviced residence in Vincennes by late 2028. This four-floor project will feature 120 units, 13 parking spaces, and a 150 m² retail unit. Edgar Suites, founded in 2016, operates 27 residences in 11 French cities, with 1,500 units. They’ve invested €160 million in real estate over three years and are expanding into Europe with projects in Valencia and Málaga.

🏨 A 235-key hotel in The Liberties, Dublin, secured €54.2m (£46.79m) from Maslow Capital. Singapore-based Ascott Limited will operate it under the Lyf brand. Set on Fumbally Lane, it spans eight stories and 0.5 acres, offering standard rooms and studio units with kitchenettes. Amenities include a café, lounge, and co-working spaces. Maslow Capital praised the collaboration with MM Capital and SCIO Capital, citing Dublin's strong visitor demand and attractive development opportunities.