Marriott International has signed an agreement with VERKEHRSBUERO HOSPITALITY to open five hotels in Austria, introducing more than 1,100 rooms across the Tribute Portfolio, AC Hotels, and Four Points Flex by Sheraton brands.
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Germain Hotels secures a $160 million investment round, led by CDPQ, to increase its Canada-wide expansion.Ê
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A summary of European hotel transactions provided by HVS
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Weekly Hotel Industry Asia Pacific News Roundup from HVS
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The Indian Hotels Company (IHCL) intends to establish a new Ginger hotel in Bommasandra, Bengaluru. The project is in its early stages and will be constructed from the ground up.
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The Walt Disney Company and Miral have announced plans for a new Disney theme park resort on Yas Island, a premier destination for entertainment and leisure. It will be the seventh Disney theme park resort.
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HVS Asset & Hotel Management announced the renewal of its hotel-management agreement with the Woodmark Hotel & Still Spa. This assignment continues HVSÕs operation of the property since 2022.
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The merger combines the strengths of both companies, with an expanded portfolio spanning the United States, Canada, the Caribbean, and Latin America.
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The Anantara Palais Hansen Vienna Hotel, a heritage palace designed by Baron Theophil Edvard von Hansen, has been renovated and revitalised, marking Anantara’s first official entry into Austria.
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The Radical Hotel, a boutique hotel in Asheville’s River Arts District, has joined the Tapestry Collection by Hilton, which hosts nearly 160 independent hotels globally.
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