Image Credit Soho House    Soho House & Co Inc. has entered into a definitive agreement to be acquired by an investor group led by MCR, with shareholders receiving $9.00 per share in cash, valuing the company at approximately $2.7 billion. Soho House & Co Inc. announced it will be taken private following a definitive agreement […]

Drew Slayton – Image Credit HVMG    Hospitality Ventures Management Group, based in Atlanta, has announced the appointment of Drew Slayton as vice president of business development. In this role, Slayton will focus on identifying and securing new growth opportunities for the company’s national hotel portfolio. Slayton brings over ten years of experience in the hospitality […]

Joseph Jennings – Image Credit MDA Hospitality Solutions    Universal Hospitality Solutions has announced the appointment of Joseph Jennings as the new general manager of the Crowne Plaza Dallas Downtown. Jennings will be responsible for managing the day-to-day operations, customer experience, and financial performance of the 291-room hotel located in downtown Dallas. Jennings brings over 30 […]

Guestroom at the Radisson RED Oslo City Centre – Image Credit Radisson Hotel Group    Radisson Hotel Group has announced the opening of Radisson RED Oslo City Centre, a hotel that has achieved Verified Net Zero status. The hotel is located in the heart of Oslo and features 118 redesigned guest rooms along with various social […]

Hanwha Hotels & Resorts Acquires Paraspara Seoul for KRW30 Billion in South Korea    Weekly Hotel Industry Asia Pacific News Roundup from HVS Star Group to Divest 50% Stake in Queen Wharf’s Brisbane Development to Far East and Chow Tai Fook in Brisbane, Australia Australia-based The Star Entertainment Group Limited (“Star Group”) will divest its 50 […]

Overtourism: Should You Abandon Your Travel Bucket List? – Image Credit Unsplash+    Italy and Japan are promoting lesser-known destinations to combat overtourism and offer unique travel experiences. The Faroe Islands introduce a mystery touring concept to distribute visitors more evenly and prevent future overtourism. In a world where social media heavily influences […]

Courtyard Dallas Allen at the Event Center – Image Credit APF    Access Point Financial has acquired $98 million in risk retention bonds as part of a $653 million refinancing of a 15-hotel portfolio owned by Atrium Holding Company. Access Point Financial (APF) announced the acquisition of $98 million in the H and JRR risk retention […]

Peachtree Group Completes Retroactive $176.5 Million Loan for Las Vegas Rio Hotel Renovation – Image Credit Hyatt    Peachtree Group has closed a $176.5 million CPACE loan for the renovation of the Rio Hotel & Casino in Las Vegas, marking one of the largest CPACE financings in the U.S. Peachtree Group has completed a $176.5 million […]

IHCL Signs Agreement for 10 Ginger Hotels, Adding Over 1,000 Rooms – Image Credit IHCL    IHCL has entered into a strategic partnership to expand its Ginger brand with 10 new hotels across the southern states of India. The agreement involves a capital-light operating lease model and is a collaboration with Madison, the hospitality platform of […]

Global Hotel Construction Pipeline Reaches Record Highs in Q2 2025 – Image Credit Unsplash    The global hotel construction pipeline has reached unprecedented levels, according to Lodging Econometrics’ (LE) Q2 2025 Hotel Construction Pipeline Trend Report. The report highlights a record-high of 15,871 projects encompassing 2,436,225 rooms, marking a year-over-year (YOY) increase of 3% in projects […]