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This report is a synthesis of the 2024 Climate Week NYC session called ‘Are We Building for the Past of Future? Green Financing in Hotel Development and Investment,’ which was convened as part of the Sustainability in Travel, Tourism, and Hospitality Roundtable organized and hosted by Cornell UniversityÕs Center for Hospitality Research and the Center for Sustainable Global Enterprise.
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Evolution Investment Fund has acquired the London Marriott Grosvenor Square hotel and a Mayfair development for £1.1 billion.
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The property marks Aleph HospitalityÕs third Marriott-branded hotel under management in Saudi Arabia
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COMO Hotels and Resorts has announced the reopening of COMO Cordeillan-Bages, a 19th-century property in Pauillac, Bordeaux, scheduled for May 1, 2026.
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The Boston Zoning Commission has approved a new 438-room hotel on Anchor Street in the Seaport District, to be developed by DGH Hotel Partners JV, LLC.
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HVS Brokerage & Advisory has completed the sale of the 47-key former Econo Lodge Junction, located at 111 Martinez Street, Junction, Texas 76849.
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The resort will feature 49 rooms on more than three acres, with amenities including an all-day dining restaurant and bar, a meeting room, a swimming pool, and a spa.
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Hilton has announced the signing of Conrad Meia Praia Algarve, a new beachfront resort in Lagos, Portugal, scheduled to open in spring 2027 under a franchise agreement with a joint venture between PGIM Real Estate, Sonae Sierra, and Iberian Hospitality Solutions.
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IHG Hotels & Resorts has signed a franchise agreement with SKS Group for the Holiday Inn Express Cockburn, a 170-key hotel scheduled to open in September in PerthÕs southern corridor.
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IHG Hotels & Resorts has signed a management agreement with JADEER GROUP to open the 140-key Hotel Indigo Cairo New Administrative Capital in 2033.
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