The Prince Albert II of Monaco Foundation announces the arrival of Brune Poirson on its Board of Directors. The former French Secretary of State for Ecological Transition and ex-Chief Sustainability Officer of Accor brings a track record spanning public policy, corporate sustainability and international environmental cooperation.

Accor and Treebo Hospitality Ventures have mutually ended talks on a master licence agreement that would have brought the Ibis and Mercure brands to the Indian mid-market segment through Treebo's network, according to Sidharth Gupta, co-founder and CEO of Treebo, cited by Destination.com. The setback deprives Accor of a key partner in accelerating its goal of 300 hotels in India by 2031.

PM Hotel Group, a hotel management company ranked among the top 15 US operators, announces the appointment of Erica Lipscomb as Executive Vice President, Commercial Strategy. This executive, with more than 30 years of experience including at Crescent Hotels & Resorts, Kimpton Hotels and Marriott International, will oversee sales, revenue management, marketing and distribution across the portfolio.

Hilco Real Estate announces the bankruptcy sale of the former Wyndham City Centre, a landmark 369-room hotel in the heart of Springfield, Illinois. Bids must be submitted by 15 September, as part of the Tower Capital Group, LP bankruptcy proceedings.

Ahead of World Day Against Trafficking in Persons, Marriott International brought together travel industry players, associations and survivors to strengthen the hospitality sector's response to this scourge. The Group highlights its training, emergency shelter and workforce integration programmes for victims.

Marriott International details its development agreement with Misr Italia Properties and People & Places: nine projects representing more than 1,500 keys across Egypt's most sought-after coastal and urban destinations. Combined investment exceeds EGP 56.7 billion, for a portfolio that now totals more than 1,800 rooms and branded residences.

Five entrepreneurs, four companies, three continents. One special feature exploring why, in an age of artificial intelligence and funding rounds, some still choose to build in hospitality in the name of a simple conviction: the human always comes before the experience.

PRISM, OYO's parent company currently preparing for an initial public offering, is expanding its premium hotel portfolio in the UK with the addition of 40 properties, including 16 Sunday Hotels and 24 Belvilla properties. This development illustrates the Group's strategy to move beyond its historic budget positioning and strengthen its presence in the upscale segment.

Vertu Hotels and Resorts announces the development of VERTU Residences Algarve, a mixed-use hospitality and residential destination in southern Portugal. The project, developed under the VERTU Residences brand, will comprise up to 64 luxury residences and marks a new milestone in Vertu Hospitality Group's international expansion.

MIDROC Ethiopia, the hospitality arm of MIDROC Investment Group, has secured $80 million in financing to fund the renovation of the Sheraton Addis, Luxury Collection, as well as the development of a new Sheraton-branded property in Addis Ababa. This financing forms part of a broader $116 million investment to strengthen the upscale segment of the Ethiopian hospitality market.

The Bettoja family, a fixture of Italian hospitality for nearly 150 years, partners with ACHM Hotels by Marriott to bring the Hotel Atlantico and Hotel Mediterraneo into its Rome portfolio. The two properties will become Italy's first Autograph Collection hotels, following a two-phase integration.

Tharaldson Hospitality Management announces the promotion of Geovanny Tello to Area Director of Operations for Southern California. He will now oversee seven hotels representing more than 820 rooms, across the Hilton, Marriott and IHG brands.