🇫🇷 NATIONAL | France
🏖️ Ramatuelle | LVMH Hotel Management acquires The 1051 private beach
LVMH Hotel Management has acquired both the property and the operating business of The 1051, a restaurant, bar and private beach on Pampelonne, founded in 2018 by Maxime Lamon. The transaction amount has not been disclosed. The acquisition complements the group’s existing presence in the Gulf of Saint-Tropez, where it already operates Cheval Blanc St-Tropez, and confirms the growing interest of luxury groups in restaurant and leisure assets associated with their hotel destinations.
💰 Saint-Tropez | Rodolphe Saadé invests €26 million in the expansion of Le Yaca
According to media reports, Rodolphe Saadé, Chairman and Chief Executive Officer of CMA CGM, has reportedly committed just over €26 million to a real estate transaction intended to expand Le Yaca, a five-star hotel in the heart of Saint-Tropez. The latest transaction reflects his interest in high-end hospitality real estate on the French Riviera.
🌍 INTERNATIONAL
🏗️ West Africa | PRIAMS seeks investors for THE CORNICHE
Following two years of development and the granting of planning permission, property developer PRIAMS has unveiled THE CORNICHE, a seafront development comprising a 300-room five-star hotel, 72 serviced apartments, three restaurants, a spa and a conference centre with capacity for 1,000 delegates. Several international operators have expressed interest. PRIAMS is now assembling a club deal to finalise the financing. The city in which the development will be located was not specified in the announcement.
✨ Italy | Camilla Maggiori appointed Chief Human Resources Officer at Fendi
Camilla Maggiori has joined Fendi, part of the LVMH group, as Chief Human Resources Officer. With more than twenty years of experience, she previously served as Group HR Director at Ferragamo. Her career also includes senior responsibilities at Coty, Campari Group and Radisson Hotel Group, illustrating the transferability of management expertise between hospitality, luxury and consumer goods.
🇮🇳 India | IHCL and Adani Airport Holdings partner on eight hotels
Indian Hotels Company Limited (IHCL) and Adani Airport Holdings have entered into an operating agreement covering eight hotels totalling more than 2,000 rooms. Located across Mumbai, Ahmedabad, Lucknow and Guwahati, the properties will be developed by Adani and operated by IHCL under the Taj, Vivanta, Gateway and Ginger brands. The partnership strengthens the strategy of developing hotel accommodation around India’s major airport hubs.
🇺🇿 Uzbekistan | IHG announces Central Asia’s first Garner hotel
IHG Hotels & Resorts is continuing its development in Uzbekistan with the signing of Garner Hotel Tashkent, in partnership with Silk Road Inn LLC. Scheduled to open in 2027, the property will mark the introduction of the Garner brand to Uzbekistan and, more broadly, Central Asia. The project confirms IHG’s intention to expand its brand portfolio across the region’s emerging markets.
🇹🇳 Tunisia | Verdi Hotels joins Accor’s Handwritten Collection
Verdi Tunis Beach Resort is scheduled to join Handwritten Collection, an Accor brand, in November 2026. This affiliation will give the property access to the group’s international distribution and loyalty platforms. For Verdi Hotels, the agreement represents another stage in its development and positioning within the Tunisian hospitality market.
🇫🇮 Finland | Accor prepares market entry with ibis Styles Helsinki Helka
Accor has announced the signing of a franchise agreement for ibis Styles Helsinki Helka, a 157-room property scheduled to open in late 2027. Located in the Kamppi district, the hotel will occupy a historic building designed by architect Wivi Lönn and still owned by the Finnish YWCA. This conversion will mark the group’s first announced entry into Finland.
🔎 LTH Analysis | Asset control and the diversification of operating models
Two trends emerge from this selection. First, control over real estate and experiences beyond accommodation is becoming a strategic lever, as illustrated by the Saint-Tropez transactions. Second, hotel groups are continuing to expand through diversified contractual models: operating agreements in India, franchising in Finland and brand affiliation in Tunisia.
The THE CORNICHE project also highlights the decisive role of financing and the structuring of investor syndicates in bringing major hospitality developments to fruition.
At a Glance
France: LVMH expands its Saint-Tropez footprint with The 1051 beach acquisition.
West Africa: PRIAMS seeks investors for a 300-room luxury hotel and mixed-use development.
India: IHCL and Adani agree to develop and operate eight airport-linked hotels.
Central Asia: IHG signs its first Garner hotel in Uzbekistan.
Europe and North Africa: Accor expands through conversion, franchise and collection affiliation.
Leadership: Fendi appoints Camilla Maggiori CHRO, while Kempinski highlights regional HR responsibilities.
