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United States | JLL arranges refinancing of Bowie House, Auberge Resorts Collection, in Fort Worth
JLL Capital Markets announced on 1 September 2026 that it had structured the refinancing of Bowie House, Auberge Collection, a luxury boutique hotel in Fort Worth's Cultural District, Texas. The deal, carried out on behalf of borrower Bowie Place Properties, involves a floating-rate loan provided by MetLife. It confirms institutional lenders' continued appetite for luxury hotel assets positioned in distinctive cultural markets.
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Canada | Quebec Superior Court approves sale of Château Montebello to Westmont Hospitality
Quebec's Superior Court has dismissed the opposition of Quebec investment group Varin and Lavy and authorised the sale of Château Montebello to Westmont Hospitality. The ruling, handed down on 10 September 2026, brings an end to several weeks of legal challenge over the transfer of the property, which was placed into receivership following the financial difficulties of its former owner linked to the Chinese group Evergrande. The transaction, expected to close by 15 November, confirms that Fairmont Hotels' management contract will remain in place until 2031 and hands one of the Outaouais region's leading tourism assets to Westmont Hospitality.
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360°: Today’s Round-the-World Hospitality News | From London to Réunion via Abu Dhabi and Nice
🔎 Today's trend: the Gulf accelerates, France reinvents itself. While Rotana, Miral and Accor roll out a wave of expansion announcements across the UAE, Saudi Arabia and Albania, France is experiencing its own ferment: a succession battle at the helm of Umih, restaurant openings from big-name chefs, and closures reshaping the fine-dining map.
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UK | Martin Property Group selected to redevelop and operate The Chester Grosvenor
Grosvenor has appointed Martin Property Group, a British family-owned group, to lead the redevelopment of The Chester Grosvenor and take over its operation once works are complete. The five-star hotel, a Grade II listed building (the equivalent of France's classified historic monuments), will close its doors on 30 September following Bespoke Hotels' departure, ahead of its first major renovation in more than forty years. The move is intended to reposition the property as a destination of national and international standing, while strengthening Chester's tourism economy.
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2026, France | Crédit Agricole Takes a Stake in Miraval Provence (Perrin Family • Brad Pitt)
Crédit Agricole, through IDIA Capital Investissement and Sofipaca, has taken a minority stake in Miraval Provence, alongside Categorys Perrin and Château Miraval. Carried out via a reserved capital increase, the deal is intended to support the Provence wine house through a new growth phase, driven by international expansion, stronger marketing and a more structured organisation.
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Vietnam | Arsenale Acquires 33% Stake in SJourney, Vietnam’s Pioneering Luxury Rail Brand
Italian group Arsenale Group announced on 10 September 2026 the acquisition of a strategic 33% stake in SJourney, Vietnam's pioneering luxury rail brand. The deal marks the group's entry into the country and consolidates its presence in Asia, a year after the takeover of Golden Eagle Luxury Trains.
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Italy | Colliers Italia Brokers Sale of Gran Baita, Future 5-Star Hotel in Breuil-Cervinia
Colliers Italia advised Vico on the sale of the Gran Baita, a historic property in Breuil-Cervinia in the Italian Alps. The deal paves the way for the site's transformation into a 135-room 5-star hotel with three restaurants and a two-level spa. Vico of Hône will handle the turnkey execution of the project, with Borio Mangiarotti as project manager.
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Late 2027, South Africa | After Cape Town’s Ritz Hotel in 2025, Belgian billionaire Marc Coucke (OKU Hotels) snaps up Kololo Game Reserve
Belgian billionaire Marc Coucke, through his OKU hotel group, announced in early September 2026 the acquisition of Kololo Game Lodge, a 1,500-hectare UNESCO-listed safari estate in South Africa's Waterberg region. The deal comes just three weeks after Alychlo, his investment vehicle, took a majority stake in Belgian restaurant chain Amadeus, illustrating the sustained pace of the Flemish billionaire's moves outside his core pharmaceutical business.
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360°: Round the World in Hospitality News | Malta Controversy, Lyon Divestment, Alfred Hotels Ownership Buy-Back, €66m Invested in Milan, From Switzerland to Cameroon,...
🔎 Today's trend: hospitality is caught between an events-driven surge and portfolio restructuring. From Céline Dion's Paris residency to the strategic divestments at Lavorel Hotels and Alfred Hôtels, via a wave of openings from Bordeaux to Istanbul, the sector is combining strong short-term demand with deeper repositioning.
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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.
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Saudi Arabia | KBLT Congress Opens Its 5th Edition in Riyadh, Driven by the Rise of the Affluent Saudi Traveller
The Kingdom Business & Luxury Travel (KBLT) Congress opened its doors on 6–7 September 2026 at the Mövenpick Hotel and Residences Riyadh, bringing together more than 100 pre-qualified Saudi buyers and leading global travel brands. The event comes as the Kingdom's outbound travel spend is set to exceed €26.4bn in 2026, driven by a luxury segment already valued at €11.6bn. For hoteliers and investors, the gathering is emerging as a strategic barometer of a market whose expectations are being fundamentally reshaped.
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360°, a world tour of today’s hospitality news | From Paris to Saly via Istanbul and Lourdes
Between cultural patronage, news stories and pricing controversies, the hotel industry is once again in the spotlight, both in Paris and internationally.
Hotel industry news today, 5 September 2026: here's what you needed to know in the sector today.
🔎 Trend of the day: Parisian catering and hospitality return to the spotlight amid patronage, an eagerly awaited reopening and a pricing controversy, while internationally there's a wave of appointments, awards and darker news.
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Casinos and Gaming, Italy/Spain | Lottomatica to Acquire CIRSA for €2.8bn, with Blackstone Becoming Top Shareholder of Combined Group
The American fund, already the owner of Spain's largest hotel portfolio through Hotel Investment Partners, is increasing its stake in the world's number two listed gaming and sports betting group.
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United Arab Emirates | The “seat war” continues in the skies: Emirates installs the industry’s first electric privacy screen in Premium Economy
Fitted to the airline's new Airbus A350s, this unprecedented seat is part of a wider reshuffling of travel classes, as Premium Economy moves upmarket and First Class becomes increasingly scarce. Premium Economy, a class in its own right.
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France | HomeExchange raises funding from Verlinvest to grow home exchange
HomeExchange, the world's leading home-exchange platform, has announced securing a major investment from Verlinvest, an international family investment firm. The deal, unveiled on 15 September 2026 from Paris and New York, comes with a reshuffle of the shareholder base: Ternel renews its commitment as ISAI exits the capital. The stated ambition is clear — to turn home exchange into a mainstream way to travel, with a particular push into North America and Western Europe.
Business
United States | JLL arranges refinancing of Bowie House, Auberge Resorts Collection, in Fort Worth
JLL Capital Markets announced on 1 September 2026 that it had structured the refinancing of Bowie House, Auberge Collection, a luxury boutique hotel in Fort Worth's Cultural District, Texas. The deal, carried out on behalf of borrower Bowie Place Properties, involves a floating-rate loan provided by MetLife. It confirms institutional lenders' continued appetite for luxury hotel assets positioned in distinctive cultural markets.
Development
United Arab Emirates | Majestic Hotels strengthens its Dubai foothold with a fourth property
Dubai-based hotel group Majestic Hotels inaugurated its fourth property, the Majestic Central Hotel, in Bur Dubai on 11 September 2026. The opening, held under the patronage of Matar Al Tayer, General Manager of Al Ghandi Electronics, confirms the group's steady rise in Dubai's mid-market hotel sector.
Development
Saudi Arabia | Expo 2030 Riyadh and Mohammed Al Habib Sign €733m Joint Venture for the Expo Village
Expo 2030 Riyadh and Saudi developer Mohammed Al Habib Real Estate Company (MAHR) have signed a SAR 3.2 billion (approximately €733 million) joint venture agreement to develop and deliver the Expo Village, the site's future residential community. The project, which envisages around 2,300 apartments for some 5,500 residents, is set to house official delegations during the event before becoming a permanent neighbourhood in northern Riyadh. It is the first real estate partnership struck by Expo 2030 Riyadh with the private sector, as work on the site progresses at a steady pace.
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