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Hotel and Hospitality
281 posts
Hyatt is opening another Punta Cana resort precisely when all-inclusive RevPAR has softened
Hyatt opens the 467-room Hyatt Vivid Punta Cana as all-inclusive RevPAR softens, testing whether Dominican scale can strengthen fee-led resort growth.
EVT adds fifth Atura hotel with 184-room Oran Park opening scheduled for October
EVT prepares Atura Oran Park near Western Sydney Airport, betting 184 rooms and event demand can extend its asset-light hotel growth strategy in Australia.
Why Choice Hotels named Dominic Dragisich CEO as its pipeline reaches 77,300 rooms
Choice Hotels International has promoted interim chief Dominic Dragisich to permanent President and CEO after a three-month search, handing him a 77,300-room development pipeline, improving U.S. hotel growth and a mandate to convert expansion into stronger earnings and franchisee economics.
Why Fattal chose Manhattan for its first US hotel instead of an easier market
Fattal enters the US with a $38.5m Manhattan hotel and $13m renovation, testing whether its asset-heavy European model can create New York returns.
Why Minor Hotels thinks wellness, golf and conferences belong inside one 340-acre Hunter Valley resort
Minor Hotels is combining two Hunter Valley properties into Avani Cypress Lakes, testing whether wellness, golf and events can lift resort economics now.
Club Med Koh Samui breaks ground as ClubMed Lifestyle targets 85 resorts by 2030
Club Med breaks ground on a 303-room Koh Samui resort as its IPO plan targets 85 resorts, making asset-light luxury execution the key valuation test ahead.
ITC Hotels is entering Havelock with only 22 rooms, and the small size is part of the strategy
ITC Hotels signs Storii Havelock for its Andaman entry, testing whether a 22-key asset-light resort can convert island demand into durable fee growth.
Target Hospitality wins $250m hyperscaler contract for less than $15m of capital
Target Hospitality has secured a multi-year hyperscaler-linked contract expected to generate about $250 million through 2030 while requiring less than $15 million of incremental capital by reusing existing assets.
ITC Hotels (NSE: ITCHOTELS) adds 51-key Storii Assagao to Goa pipeline
ITC Hotels has signed a management agreement for a 51-key Storii property in Assagao, North Goa, adding another asset-light project as its development pipeline surpasses 8,000 rooms.
Kamat Hotels (NSE: KAMATHOTEL) opens 50-key IRA by Orchid in Bhavnagar
Kamat Hotels has opened a 50-room IRA by Orchid property in Bhavnagar as its portfolio expands beyond 1,950 rooms, while Q1 FY27 profit more than doubled and group occupancy improved to 66%.