Mandarin Oriental

North America

Accor and Choice Hotels Report Earnings

Choice Hotels beat earnings expectations due to "other revenues," boosted guidance, and repurchased shares, while Accor reported strong Q4 results, announced a major stock buyback, and considered selling its AccorInvest stake.
Asia-Pacific

Tokyo Leads Hotel Investment in Asia Pacific, Says CBRE

Hotel investment in the Asia Pacific region is rising, with Japan, Singapore, and Australia leading interest, while investors shift focus to upscale segments and await interest rate clarity.
North America

Sternlicht Revives the Starwood Brand

Barry Sternlicht is set to revive the Starwood brand through his current hotel management company, SH Hotels & Resorts, rebranding it as Starwood from February.
North America

Hyatt Hotels and Playa Hotels Discuss a Deal

Hyatt Hotels and Playa Hotels & Resorts are negotiating a potential acquisition, with differing analyst views on its likelihood and structure.
North America

MCR Secures $300 Million Refinancing for 22-Hotel Portfolio

MCR secured $300 million in refinancing for a 22-hotel portfolio spanning 14 states, replacing $280 million in prior debt through a CMBS transaction with J.P. Morgan and BMO Capital Markets as co-leads.
North America

Mandarin Oriental Plans Miami Project

Mandarin Oriental Hotel Group is expanding in Miami with a new Brickell Key project, adding projects in Mexico and Grand Cayman.
Asia-Pacific

Oberoi Group Family Drama Continues

The Oberoi family is embroiled in a legal dispute over the hotel company’s board and inheritance, with Anastasia Oberoi challenging her step-siblings over a contested will from 2021.
Asia-Pacific

Grand Nikko Tokyo Daiba Sold for $691 Million

TPG Angelo Gordon, in partnership with Kenedix, is purchasing the Grand Nikko Tokyo Daiba hotel from Hulic Co. for $691 million as part of its strategy to invest in opportunistic real estate in Asia.