Hotel Openings

📈 IHG Hotels & Resorts reported a 5.3% rise in global RevPAR for Q3 ending Sept 30, 2026. Year-to-date RevPAR increased by 5.6% in the Americas, 3.7% in EMEAA, and 1.0% in Greater China. IHG opened 12.9k rooms (92 hotels) in Q3, totaling 44.4k rooms (289 hotels) year-to-date. The share buyback reached $707 million, with plans to return over $1.2 billion to shareholders in 2026. IHG forecasts meeting fiscal 2026 expectations with EPS growth between 12% and 15%.

🏨 Savannah, Georgia—Signia Hilton Savannah celebrated a milestone with its topping out ceremony, marking the placement of the highest structural beam. Scheduled to open in 2028, the 444-room hotel will connect to the Savannah Convention Center, boasting over 34,000 square feet of event space, including a 13,000-square-foot ballroom. With 1,200 workers contributing, construction involved 27,000 cubic yards of concrete and 2,700 tons of steel. The project enhances Savannah's convention capacity, aiming to increase tourism and economic impact.

📍 Extended Stay America completed the renovation and conversion of a hotel in San Antonio, North Carolina, into the Extended Stay America Premier Suites – San Antonio North. This four-floor, 113-room property underwent extensive renovations with fully equipped kitchens and redesigned lobby and breakfast areas. Located near Highway 281 and Loop 1604, it's strategically positioned to serve corporate, healthcare, and military demands, with proximity to major San Antonio sites like Methodist Stone Oak Hospital and Fort Sam Houston.

🏖 The Raffles The Red Sea resort features 168 accommodations, including 121 rooms, 14 suites, and 33 villas, located on Shura Island. Designed by Foster + Partners with interiors by ACPV Architects, the resort offers five dining venues and a spa. Situated near Red Sea International Airport, it represents a strategic development for Accor, which includes brands like Fairmont and SLS. John Pagano, CEO of Red Sea Global, highlights the resort's role in enhancing The Red Sea destination's appeal.

📈 IHCL, at fiscal 2026/27 midpoint, reported a 21% increase in consolidated revenue to €242 million and a 24% rise in hotel segment revenue. EBITDA grew 21% to €74 million, and net profit rose 23% to €33 million. The company operates 670 hotels, aiming for 800 by 2030. RevPAR and management fee income both increased by 25%. For fiscal 2027, IHCL raised revenue growth guidance to 15–17%, with 280 hotels in its pipeline.

🏖 Park Hyatt Beaver Creek Resort & Spa completed a $20-million renovation of its 189 guest rooms, including 23 suites, at its ski-in/ski-out location in Beaver Creek Village. The redesign features residential-inspired elements with cognac leather, plaid wool, and antique brass finishes. Sustainability was prioritized with refinished millwork and LED lighting. Guests enjoy a ski valet service, easy access to Beaver Creek Mountain skiing, and amenities like the 8100 Mountainside Bar & Grill and 30,000 sq. ft. Exhale Spa.

🏖 Naetive, driven by Experiential Hospitality Group, launches its first brand aiming to open its inaugural property by December 2027. Focusing on biocultural conservation, Naetive lodges will be set in diverse ecosystems like forests, coastlines, and deserts. CEO Jesús Parrilla emphasizes the unique relationship with each location, involving local guides and community expertise. The guest journey emphasizes guided exploration and recovery, with signature spaces such as the Adventure Patio and Regeneration House.

🏨 Shaner Hotels opened a 96-suite TownePlace Suites by Marriott in State College, Pa., operated by Shaner and owned by Decibel Partners. This is their fourth hotel opening since August. The pet-friendly hotel, near Penn State University, offers complimentary shuttle service to the nearby State College Airport. Suites include fully equipped kitchens and Smart TVs. Amenities feature Weber grills, a 24/7 fitness center, and a business center. This marks Shaner’s 21st hotel in their Pennsylvania portfolio.

🗽 Six new hotels joined The Leading Hotels of the World in October 2026, expanding its collection to over 450. Locations include Cortina d’Ampezzo, Dubrovnik, West Palm Beach, Savannah, Punakha, and Nairobi. Le Graal Cortina will open in winter 2026, Villa Argentina Dubrovnik reopened in September 2026, The Nora Hotel debuted on October 19, 2026, Recess Hotel & Club Savannah opened in September 2026, Pemako Punakha opened in 2023, and Hemingways Nairobi opened in 2013. Join LHW’s Leaders Club for exclusive benefits.