Reading Time: 2 minutesUK: Privately-owned hospitality business JMK Group has secured a £48 million loan from OakNorth Bank and REL Finance to transform a nine-storey office in the City of London into a 260-key hotel.
Reading Time: 2 minutesWorldwide: Lifestyle hotel brand YOTEL has signed an exclusive franchise agreement with Hilton, with the first YOTEL properties available for booking through Hilton channels later this year.
Reading Time: 2 minutesEurope: Urban hospitality brand Room00 plans to add 20 properties, representing more than 1,400 rooms, across Spain, Italy, Portugal, and the UK this year.
Reading Time: 2 minutesUK: The former managing director of the luxury Stafford Collection, John McLean, has stepped down after 20 months in the role.
Reading Time: < 1 minuteUK: Owner-operator Criterion Capital will convert Oxenford House in Oxford city centre under its Zedwell hotel brand.
Reading Time: 2 minutesFrance: Hospitality group Accor has signed a deal with private equity firm EXTENDAM to open a 209-room TRIBE hotel in Paris’ Python-Duvernois redevelopment project in the 20th arrondissement.
Reading Time: < 1 minuteUK: Global real estate investment platform RealVantage has acquired Manchester’s Heathcote Hotel in collaboration with London-based real estate investor and asset manager Oberland.
Reading Time: < 1 minuteUS: Minor Hotels will debut The Wolseley Hotels luxury brand in New York City early 2027.
Reading Time: < 1 minuteWorldwide: Private equity firm KSL Capital Partners has united two of its brands, Baillie Lodges and Tierra Hotels, under one luxury brand called Beckons.
Reading Time: 2 minutesUS: Leasing and resident loyalty platform Bilt has acquired Sion, a commission-based management platform used by more than 8,000 travel advisors, for $30 million.
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