Germany | Centralis Immobilien Signs Double Hotel Acquisition in Cologne
German real estate developer Centralis Immobilien has announced the acquisition of two vacant hotels in the heart of Cologne, bought from the Crescendo portfolio. Both buildings will be converted into 233 serviced apartments, with operations entrusted to Finnish operator Bob W. The deal reflects the group's development strategy, which aims to capitalise on the current buyer's market to secure prime locations in major German cities.
United States | ErieView Development closes financing for Erieview Tower’s conversion into W Cleveland
The project will transform a 1964 office tower into a €202 million hotel-residences-office complex, featuring the world's first W Residences offered for rent rather than for sale.
Australia | TFE Hotels invests €62m in renovation of its Adina network
Australian hotel group TFE Hotels is committing €62m (AUD 100m) to the renovation of its first-generation Adina properties in Australia, Europe and the UK. Announced on 6 September 2026, the programme accompanies the repositioning of the apartment-hotel brand in response to growing demand for residential-style accommodation, alongside new openings and the rollout of a dedicated digital guest experience platform.
Thailand | RIU Hotels & Resorts makes its Thai debut with the opening of the Riu Palace Phuket
RIU Hotels & Resorts inaugurated the Riu Palace Phuket on 4 September 2026, a 5-star, 504-room property on Mai Khao Beach, immediately adjacent to Sirinat National Park. The opening marks the Spanish hotel chain's entry into the Thai market, featuring a 24-hour All-Inclusive concept and the premium Elite Club by RIU offering. For the family-owned group, which now operates 101 hotels across 22 countries, the new property forms part of a strategy to strengthen its presence in Southeast Asia.
UK | Starboard Hotels and LaSalle Acquire Seven Accor Hotels from Ares and EQ Group
Starboard Hotels, in joint venture with LaSalle Investment Management, has acquired seven Accor hotels in the UK from Ares Real Estate Funds and EQ Group, for an undisclosed sum. The deal takes Starboard's UK portfolio to 28 properties and marks the group's first private equity transaction. The seven hotels will continue to operate under Accor franchise, in key regional markets including Birmingham, Sheffield, Southampton and London.
France | Rising Stone secures Val d’Isère asset and confirms transformation of former Lac Bleu hotel in Méribel
The Alpine developer has signed a binding agreement on an exceptional asset in Val d'Isère and has raised its stake to 64% in the Lac Bleu scheme, which is replacing the historic hotel of the same name in Méribel.
France | MGallery Collection Opens Its Doors for European Heritage Days
Around sixty historic hotels from the Accor collection will welcome the public on 19 and 20 September, across 26 destinations in France and abroad
Greece | PREMIA Properties invests in AKTI Hotels & Resorts in Rhodes and Kos
Greek property company PREMIA Properties announced on 22 June 2026 its entry into the capital of AKTI Hotels & Resorts Group and the financing of the modernisation of three properties in Rhodes and Kos. The deal, estimated at more than €250 million including renovation works, is expected to be finalised by the end of 2026 and forms part of PREMIA's hotel portfolio growth strategy.
Bora Bora, French Polynesia | Adrien Harel Appointed General Manager of Four Seasons Resort Bora Bora
Adrien Harel has been appointed General Manager of the Four Seasons Resort Bora Bora, effective 24 August 2026. The Mauritian hotelier returns to a property he already knows well, having previously served there as Resort Manager. The appointment reflects Four Seasons' preference for internal mobility at its most iconic addresses, while marking the return of an executive shaped over nearly two decades within the group.
France | EXTENDAM signs acquisition of ibis Paris Père Lachaise
France's leading hotel private equity firm strengthens its presence in eastern Paris alongside KER Hospitality, with a recently renovated 3-star, 31-room asset.
Spain | Ayesa Engineering strengthens its hospitality position by managing several Holiday Inn Express projects
According to a statement issued on 3 September 2026, Ayesa Engineering is strengthening its position in the hospitality sector by taking on the management of several Holiday Inn Express projects in Spain on behalf of Tikehau Capital and Quest Capital. Construction of the first of these properties, a 244-room hotel, has now begun in Madrid. Opening is scheduled for the first quarter of 2028.
Malaysia | Dusit International Opens Dusit Princess Ipoh, Its Third Property in the Country
Dusit International will open the Dusit Princess Ipoh on 1 October 2026, a 268-room property in the heart of the historic city of Ipoh, in the state of Perak. The Thai group's third Malaysian property is backed by a partnership with local developer Plenitude Berhad and aims to support the growing momentum of domestic tourism in the region.




