Paris

The Korea-based hotel operator plans to grow its overseas portfolio to 55 hotels and resorts by 2029. Plus, more hotel deal and development news from APAC.

Marriott plans a joint venture with Lefay's founders to bring the luxury wellness brand into its portfolio and expand it globally. Plus, challenges and opportunities at Service Properties Trust and other hotel deal and development news.

IHG's Garner Hotels hits 100 properties globally while Wyndham's Trademark Collection surpasses 100 U.S. hotels, as JPMorgan favors C-Corps. Plus, more hotel deal and development news.

The Kimpton Era Midtown opens on soon in Manhattan in a 33-story tower with 529 guestrooms. Plus, more hotel development news.

The Armani Group announced a new joint venture to develop more Armani hotels. Plus, other hotel development news.

Hyatt to open Miraval Red Sea in Q1 2026, expand Park Hyatt to five locations, and rebrand Andaz Mayakoba as Alila in Feb 2026. Plus, more hotel development news.

CoStar and Tourism Economics downgraded their U.S. hotel performance forecasts for 2025 and 2026. Plus, more hotel deal and development news.

Mandarin Oriental Hotel Group is set to go private as the controlling shareholder, Jardine Matheson, is in the process of acquiring the remaining 11.96%. Plus more hotel deal news.

Sultan of Brunei reportedly bids $2 billion for Pierre Hotel, threatening IHCL's Taj brand management contract. Plus other hotel deal and development news.

Hilton Hawaiian Village Waikiki Beach Resort's new 36-floor Ala Moana Boulevard Tower will add 515 rooms with construction starting next year. Plus more hotel deal and development news items.