Briefs: Kimpton’s boutique hotel in Budapest; Meliá expands Southeast Asian portfolio
🏦 Kimpton Hotels & Restaurants opened Kimpton BEM Budapest, a 127-room boutique hotel, in Budapest's Buda side near the Castle District. Meliá Hotels International introduced Meliá Pattaya City (234 rooms) and Paradisus Jomtien Resort (698 rooms) in Thailand, expanding its local portfolio to six. Smith Hill Capital and Bain Capital provided a $72 million refinancing for the 208-room Hotel Viking in Newport, R.I. Crescent Hotels & Resorts will manage Virginia's first JW Marriott at Reston Station, opening in 2025 with 243 rooms and 94 luxury condos.
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