Hyatt Hotels Corporation is set to expand its luxury portfolio in Argentina with the introduction of a new hotel, Casa Duhau. The hotel, which will be part of the Unbound Collection by Hyatt, is expected to begin construction by the end of 2025.
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Minor Hotels has declared a strategic repositioning of Oaks Hotels, Resorts & Suites, transitioning from serviced apartments to a full-service brand.
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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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