IHG Hotels & Resorts has announced the signing of Crowne Plaza Madinah Al Haramain, a 383-room hotel set to open in 2026 in Madinah, Saudi Arabia.
Source: New feed
Month: July 2025
Sub-$50 Million Hotel Deals Dominate U.S. Market Amid Economic Uncertainty
Hotel transactions under $50 million are leading the U.S. market, driven by economic factors and investor strategies.
Source: New feed
Marriott to Open Seven City Express Hotels in Brazil
Marriott International has signed an agreement to open seven City Express by Marriott hotels in Brazil, marking the brand’s entry into the country as part of a 15-year plan to develop 30 properties in the Northeast region.
Source: New feed
Banyan Group to Open 100th Hotel in Singapore
Banyan Group is set to open its 100th hotel in Singapore and will debut a new safari resort in Tanzania by late 2025.
Source: New feed
Maryland Hotel Portfolio Secures $55 Million Refinancing
The properties include the dual-branded Courtyard Aberdeen at Ripken Stadium and Residence Inn Aberdeen at Ripken Stadium, as well as the dual-branded Hilton Garden Inn Baltimore Inner Harbor and Homewood Suites by Hilton Baltimore.
Source: New feed
YOTEL Announces Plans for 113-Key Aparthotel in Athens
YOTEL plans to open a 113-key aparthotel in Athens by late 2026, marking its entry into the Greek market.
Source: New feed
Anantara Karuizawa Retreat to Open in Japan in 2030
Royal Minor Hotels Co., Ltd. and List Development Co., Ltd. have signed an agreement to open the Anantara Karuizawa Retreat in Japan by 2030.
Source: New feed
Scandic Enters Agreement to Acquire 56 Dalata Hotels Across Ireland and the UK
Scandic Hotels Group has entered into a framework agreement to acquire the hotel operations of Dalata Hotel Group, contingent on a takeover by a consortium of Pandox AB and Eiendomsspar AS.
Source: New feed
IHG to Rebrand Two Hotels in Japan in 2026
Two hotels to convert to Holiday Inn and join the IHG system in 2026. First international branded hotels in Sanda and Tosu City.
Source: New feed
Wyndham and Cygnett to Launch Over 60 Hotels in South Asia
Wyndham Hotels & Resorts has entered a strategic alliance with Cygnett Hotels & Resorts to introduce over 60 hotels in India, Bangladesh, Sri Lanka, and Nepal over the next decade.
Source: New feed