Bain
completes sale in Greece. Bain Capital has completed the sale of the 181-key Cora Resort and Spa
in Afytos, Greece, to Tel Aviv, Israel-based Fattal Hotel Group. The investment
was managed by Bain Capital’s Special Situations team in Europe. Bain led a
refurbishment and repositioning of the hotel, supported by a €24 million
investment program, transforming the asset into a luxury destination resort
with multiple restaurants and bars and a dedicated wellness center. The
property opened in July 2023 and underwent a management transition in 2024.
ESA
portfolio refinance. Blackstone and Starwood Capital Group have refinanced the second part of their
Extended Stay America portfolio, according to a note from R.W. Baird analyst Michael Bellisario. The joint
venture is refinancing a 196-hotel portfolio with a $1.87 billion CMBS loan.
Part one of the refinancing occurred in October ($1.935 billion CMBS loan
secured by 220 properties), and proceeds from the refinancing will also be used
to repay the 2021-vintage CMBS loan that was used to take Extended Stay America
private. The five-year fully extended loan is expected to price at SOFR +235
bps.
California
hotel sells. Bobby
Saadian has acquired the 128-key Residence Inn Camarillo in California for $39
million, according to R.W. Baird analyst Michael Bellisario. The buyer reportedly financed the acquisition with a $25.35 million CMBS loan
(65% LTV) that has a five-year maturity and a 6.83% fixed interest rate.
Hotel
Equities adds in CALA. Hotel Equities is expanding in the CALA region with a
portfolio that has grown to include five open hotels and 12 additional projects
underway across multiple markets. Projects include Amaris Grace Bay, an LXR
Hotel in Turks and Caicos, with announcements to come in Riviera Maya, Curaçao,
Mexico City, Trinidad and Tobago, Dominica, the Dominican Republic, and Costa
Rica.
Emirates
is adding in the UAE. Abu Dhabi-based Emirates Developments has signed an agreement with Jumeirah, part of Dubai Holding, to develop 253-key Jumeirah Residences Al Maryah
Island in Abu Dhabi. In 2025, Emirates unveiled several real estate
projects in the UAE, notably a Hilton-branded residential tower in Dubai’s
Jumeirah Lakes Towers.
Dallas
hotel joins Autograph. The Hall Arts Hotels in Dallas’ Arts District has joined Marriott’s
Autograph Collection. The hotel, owned by Dallas-based Hall Group, is managed
by Coury Hospitality and opened in 2019. The hotel will undertake targeted
renovations in its lobby and guest rooms and will open a new restaurant in early March.
Crestline
adds 2 in Florida. Apple Hospitality REIT has selected Fairfax, Virginia-based Crestline
Hotels & Resorts to manage the 200-key SpringHill Suites by Marriott
Orlando at SeaWorld and the 200-key Fairfield by Marriott Inn & Suites
Orlando at SeaWorld.
Stonebridge
adds in Houston. Denver-based Stonebridge has added Margaritaville Lake Resort, Lake Conroe |
Houston in Montgomery, Texas, to its managed portfolio. The 186-acre lakefront
resort on Lake Conroe, one of Texas’ top boating destinations, features 335
guestrooms, including 32 waterfront standalone cottages and 303 suites.
Pivot
adds in Atlanta. Atlanta-based Pivot, the lifestyle operating vertical of Davidson Hospitality
Group, has been tapped by New City Properties to manage the 196-key Forth
Atlanta. The luxury boutique hotel has more than 9,700 sq. ft. of event space;
an outdoor pool and deck; and also features Forth Club, a members-only social
club.
Peachtree
closes DST in December. Peachtree Group closed a hotel-related Delaware Statutory Trust
acquisition in December, highlighting the continued growth and scale of its DST
investment platform. PG Omaha Landmark DST is anchored by the Residence Inn
Omaha Downtown/Old Market Area, an extended-stay hotel located in Omaha’s
business district. In 2025, Peachtree completed six debt-free DST acquisitions
totaling approximately $200 million. Since its inception, the firm has
completed 12 DST acquisitions totaling roughly $375 million.
Valor
doubles UK portfolio. Atlanta-based Valor Hospitality Partners has more than doubled its U.K.
portfolio in five years – increasing from 17 hotels in 2021 to 40 hotels in
2026. The new hotels include the Crowne
Plaza Aberdeen Airport, Holiday Inn Express Aberdeen Airport, Holiday Inn
Express Trafford City and Hampton by Hilton Liverpool John Lennon Airport. The
new hotels add to Valor’s global portfolio, which has expanded to a
network of 100-plus properties across 65 cities and 22 countries.
Hotel101
adds in Australia. Singapore-based Hotel101 Global Holdings Corp. has signed definitive binding
agreements for the development of a 766-key Hotel101 in Melbourne’s Central
Business District in Australia. The hotel is expected to be completed in 2029.
Hotel101 Global expects to start accepting hotel guests at Hotel101-Madrid, the
first global Hotel101 project, by March 2026.
IHG adds
Vignette to India. IHG Hotels & Resorts has signed a management agreement with Hanu Overseas
to bring its luxury and lifestyle brand, Vignette Collection, to
India. Scheduled to open early 2026, the 145-key Vignette Collection hotel in
Panchkula will be one of 51 hotels operating across six brands in India,
including a pipeline of 80 hotels due to open in the next three to five years.
Rotana
sign in KSA. Abu
Dhabi-based Rotana has signed a deal for the 175-key Centro Hail, a lifestyle
hotel to be developed in Saudi Arabia in collaboration with Alkhorayef
Investment and Development Co. and the Tourism Development Fund. The
signing follows a period of accelerated growth for Rotana in Saudi Arabia, with
an operational and pipeline portfolio in KSA now totaling 25 hotels and 5,600
rooms.
Dusit
adds in KSA. Thailand-based Dusit International is developing the phased opening of Dusit
Princess Al Majma’ah in Riyadh, which will become the group’s first operational
hotel in Saudi Arabia. The opening is scheduled as part of the company’s 2026
pipeline. Dusit International has also achieved its strongest development
performance to date, recording 24 hotel signings in 2025 in the Middle East,
Asia, and beyond.
Choice
launches new campaign. Choice Hotels International has unveiled a global
marketing campaign, Travel Values, which highlights how staying with Choice
Hotels delivers greater value for guests’ money. This campaign marks the
company’s third year collaborating with actor and comedian Keegan-Michael Key
and was developed in collaboration with Key, creative agency 72andSunny New
York, media agency dentsu X, and Choice Hotels.
