Article top ad ☟
AccueilBusiness

Business

2027, France | Social security budget: government plans to shift €200m of thermal spa cure reimbursement to supplementary health insurers

The government plans to transfer €200m of thermal spa cure reimbursement spending to supplementary health insurers in 2027, Health Minister Stéphanie Rist announced before the board of the Cnam on 8 October. Included in the 2027 social security financing bill (PLFSS) with no details or timetable, the measure has been described as a disguised delisting by the National Council of Thermal Establishments (CNETh), just days before the bill goes before the National Assembly.

United States | TKO Hotels offers €1.7bn for Service Properties Trust’s 92 hotels

TKO Hotels, a hotel owner based in Aberdeen, South Dakota, announced on 9 October an unsolicited all-cash offer of around €1.7bn to acquire the 92 hotels held by listed REIT Service Properties Trust (SVC). The deal would cap almost seven years of disposals that have sharply reduced the hotel exposure of a vehicle once entirely dedicated to hospitality.
spot_img

Explorer

360°, Round the World in Hospitality News – 14 August 2026 | From Deauville to Hawaii via London and Madrid

A golf course caught up in litigation, a hotel targeted by a trespassing complaint: France is managing its share of controversies. Meanwhile, international hospitality is reshaping itself through appointments and property conversions. Hospitality news of the day, 14 August 2026: departing executives, new appointments and investment strategies — here's what mattered today in the sector.

Florida, USA | Sixth Street Acquires Pier House Resort & Spa in Key West for Almost $190 Million

Investment fund Sixth Street, partnering with Riller Capital, has acquired the 142-room beachfront resort from Braemar Hotels & Resorts for $190 million (approximately €164.7 million). The deal, announced on 13 August 2026, forms part of the listed REIT's ongoing portfolio reshuffle and underscores institutional investors' continued appetite for supply-constrained leisure markets.

USA | EOS Hospitality Credit Partners finances $105 million Marriott campus in Sunnyvale

EOS Hospitality Credit Partners, EOS Investors' hotel credit platform, has provided a $105 million (approximately €91 million) mortgage loan to T2 Hospitality. The financing covers the TETRA / AC Moffett Park campus, a recently built dual-branded Marriott hotel complex in Sunnyvale, Silicon Valley. This marks the second deal closed by EOS Hospitality Credit Partners since its launch.

AI | Virtuoso Launches Collective Intelligence Tool Unifying Network Data and Expertise

At Virtuoso Travel Week 2026 in Las Vegas, the global luxury travel network unveiled a new AI-powered collective intelligence and decision-support tool. The solution aims to structure and make accessible the full breadth of data and know-how accumulated by the Virtuoso community.

360°: Global Hospitality News Round-up | A Fitting Tribute to a Legendary Concierge, from Montego Bay to Zanzibar

🔎 Today's trend: hospitality rethinks its offering to meet new expectations. Between climate urgency, the quest for immersive experiences and the arrival of institutional capital, the sector is adapting worldwide — from Swiss hotels installing air conditioning to Vietnamese investors now prioritising sustainability over location.

Project, Saudi Arabia | Sports Boulevard signs third fund worth €161 million for luxury hotel in Riyadh

Sports Boulevard Development Company has signed an agreement with Rikaz Properties to establish its third real estate investment fund, worth over €161 million (SAR 700 million). The vehicle will finance a five-star hotel within Urban Wadi, a mixed-use destination of the giant Sports Boulevard project in Riyadh. The deal illustrates the growing momentum of the public-private partnership model championed by the Saudi capital under Vision 2030.

Saudi Arabia | The Helicopter Company Pivots into Business Aviation with Bombardier Deal for Up to 60 Jets

The Helicopter Company (THC), a subsidiary of Saudi Arabia's Public Investment Fund, has signed a letter of intent with Bombardier at the Farnborough Airshow to acquire up to 60 business jets. The agreement marks THC's entry into business aviation and strengthens the PIF-led Tourism, Travel and Entertainment ecosystem, of which hospitality is one of the strategic pillars.

That’s a Wrap 🇨🇭| Grand Metropolitan Hotels: Kingstone Capital Exits VZB Joint Venture as Gravity Capital Takes Control

Kingstone Capital AG (Switzerland) has completely withdrawn from its former joint venture with Versorgungswerk der Zahnärzte Berlin (VZB), following Gravity Capital Hong Kong's acquisition of the Emirati subsidiary that held a 70.3% stake in Grand Metropolitan Hotels Holding B.V. The transaction, finalised on 30 June 2026, ends a shareholding structure that had been deadlocked for several months and frees the hotel group to refocus on its independent international development strategy.

360°, world tour of the day’s news | From La Mongie to Bujumbura via Almuñécar and San Sebastián

🔎 Today's trend: Spain, hospitality's laboratory of the year. Between technology expansion into Latin America, a new five-star hotel on the Costa Tropical and continued growth for Checkin Hotel Group in the Basque Country, Madrid confirms its role as a stronghold of European hospitality.

IHG Hotels & Resorts: Record First-Half 2026 Results as Development and Profitability Surge

IHG Hotels & Resorts published its first-half results on 11 August 2026, marked by double-digit growth in adjusted earnings per share and a record level of hotel openings. The British group confirms its growth trajectory despite geopolitical tensions affecting certain Middle Eastern markets.

Finance, United Kingdom | Vivion Group completes €87 million refinancing and buys back the freehold of the St Martins Lane Hotel

Vivion Group announces it has completed a new €87 million secured financing covering six hotels in its UK portfolio, and used part of these proceeds to buy back the freehold of the St Martins Lane Hotel, in London. The deal brings together the property's freehold and operational interest, previously separated under a sale-and-leaseback arrangement.

Derniers articles

Algarve, Portugal | Maxine Leal appointed Regional HR Manager Europe at United Hospitality Management

United Hospitality Management (UHM) appointed Maxine Leal Regional HR Manager for Europe in October 2026. She previously led talent acquisition at the United Investments Portugal (UIP) group, which she joined in 2021. This internal promotion entrusts European human resources to a professional who helped build the executive committees across the portfolio.

2027, France | Social security budget: government plans to shift €200m of thermal spa cure reimbursement to supplementary health insurers

The government plans to transfer €200m of thermal spa cure reimbursement spending to supplementary health insurers in 2027, Health Minister Stéphanie Rist announced before the board of the Cnam on 8 October. Included in the 2027 social security financing bill (PLFSS) with no details or timetable, the measure has been described as a disguised delisting by the National Council of Thermal Establishments (CNETh), just days before the bill goes before the National Assembly.

2029, Greece | Accor signs Fairmont Chania Resort, the brand’s first address in Greece

On 23 September 2026, Accor and its Fairmont Hotels & Resorts brand announced the signing of the Fairmont Chania Resort, a 104-key resort in Chania on the north-west coast of Crete, developed in partnership with Hersonissos Group Hotels. Opening is scheduled for 2029. The project marks Fairmont's arrival in Greece and strengthens Accor's luxury portfolio across the Mediterranean's leading destinations.

2029, Sweden | AMF Fastigheter entrusts its future Marievik destination hotel in Stockholm to Strawberry

Swedish property company AMF Fastigheter has selected Strawberry to operate a 191-room hotel under development in Marievik, south of central Stockholm. Advised by Annordia, the deal forms part of the conversion of a former office district into a mixed-use urban hub, with opening scheduled for summer 2029.