This round was led by Evli Growth Partners and joined by growth capital investors and prominent European entrepreneurs, including Taavet+Sten, the investment firm of Wise’s founder Taavet Hinrikus and Sten Tamkivi, Flashpoint, and Supercell’s co-founder Mikko Kodisoja along with existing investors.
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Real estate developer Peter Freed of Freed Developments announces first-ever Freed Hotel and Residences tower located at Adelaide and Duncan, just west of University. This $800M skyscraper will bring both Katsuya by Sam Nazarian’s Disruptive Group by sbe and artwork by Japanese artist Takashi Murakami to Toronto.
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Spark GHC acquires the dual-branded, 289-key hotel
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Hilton (NYSE: HLT) announced a franchise agreement to open two resort properties under the Curio Collection by Hilton brand, managed and operated by Brown Hotels in Greece.
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The 300-key hotel spread over two acres will be a part of the well-planned aero-city development with retail and hospitality presence in the first phase.
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Caption by Hyatt Nashville Hotel Celebrates Topping Out
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Minor Hotels announced the continued expansion of its luxury Anantara brand in Oman with the upcoming development of a new resort in Bandar Al Khairan, Muscat. Located on the rugged Omani coast just 45 minutes from the capital, the new-build 121-key property is slated to launch in 2026.
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MCR has refinanced a 16-hotel portfolio for $333 million, generating $51 million of net proceeds.
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The hotel has consistently generated strong rooms revenue, averaging $2,329,673 over the past six years, showcasing resilience even during challenging periods like the COVID-19 pandemic.
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Positioned as the epitome of ultra-chic beach resort luxury, Xaynor is dedicated to crafting unforgettable moments that redefine exclusivity in a natural setting.
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