Reading Time: < 1 minuteWorldwide: Marriott has entered into a joint venture with the Leali family, founders of Lefay, to bring the luxury wellness brand into its global portfolio.
Reading Time: 3 minutesThe Branded x Residential stage was hosted for the first time at this year’s International Hospitality Investment Forum (IHIF) EMEA in Berlin.
Reading Time: 2 minutesUK: The Competition and Markets Authority (CMA) has launched an investigation into the suspected sharing of “competitively sensitive information” between Hilton, IHG, and Marriott using STR.
Reading Time: 2 minutesUK: The newly established Evolution Investment Fund has acquired two luxury hotel projects in Mayfair, London, with a total capital commitment of approximately £1.1 billion, including development expenditure.
Reading Time: 2 minutesAt the Hotel Investment + Development Event (HIDE), organised by Hotel Analyst, a discussion focussed on how branded residences combine developer returns with hotel performance.
Reading Time: 2 minutesUS: Real estate firm Electra America Hospitality Group, a joint venture between Electra America and AKA and which owns Hotel AKA Brickell, will reposition the property as Brickell Arch, a Luxury Collection Hotel, Miami, effective March 4.
Reading Time: 2 minutesIndia: Upscale brand Renaissance Hotels, part of Marriott, has opened a 133-room hotel in the Arpora valley of North Goa.
Reading Time: 2 minutesEMEA: Since year-end 2023, Marriott has grown its branded residential portfolio by 23 per cent in Europe and 59 per cent in the Middle East and Africa.
Reading Time: 2 minutesUS: Sonder Holdings has announced it will “complete winding down operations immediately” and expects to initiate a Chapter 7 liquidation of its US business.
Reading Time: < 1 minuteUS: Boutique hospitality company The Kessler Collection has partnered with investment and management company Highgate to launch a hotel management platform.
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