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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.
Business
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.
Explorer
Headlines
Technology, USA | Expedia Group acquires Layla to accelerate its AI-powered trip planning strategy
Expedia Group announces the acquisition of Layla, an AI-native travel planning and booking platform founded in Berlin in 2023. The deal strengthens the Group's strategy around a fully AI-driven travel experience, from inspiration to booking.
Strategy
Results, USA | Hyatt reports Q2 2026 results, driven by luxury and a record pipeline
Hyatt Hotels Corporation reports its second-quarter 2026 results: comparable RevPAR up 5.9%, pipeline up 10% to 154,000 rooms, and adjusted EBITDA up 3.4% to $297 million. The Group raises its full-year RevPAR outlook, buoyed by the FIFA World Cup in the United States, while remaining cautious on the pace of openings in the second half.
Business
Contracts, International | Sodexo secures two major signings with Meta and Clariant
Sodexo announces two significant global contracts in quick succession: catering services for Meta across more than 130 sites in 30 countries, and integrated workplace services for Clariant across more than 50 sites in 13 countries. Two commercial wins that illustrate the Group's ability to convert competitive international tenders into growth drivers.
Économie
Results, France | Accor confirms its agility in H1 2026 despite a challenging global environment
Accor has published its H1 2026 results: RevPAR up 2.2%, recurring EBITDA up 6.5% to €563 million, and recurring free cash flow up 42%. The Group confirms its 2026 guidance despite geopolitical tensions in the Middle East, while finalising the sale of its stake in Essendi and launching a second €225 million share buyback tranche.
Business
Brand, Canada | TravelAI acquires the Sonder brand and relaunches Sonder.com
TravelAI, the Canadian company behind an AI-powered travel memory infrastructure, has acquired the Sonder brand — name, trademarks and domain portfolio, including Sonder.com — from the bankruptcy trustee of Sonder's Canadian entities. The deal does not include the former Sonder's operational assets, nor Sonder Holdings Inc., whose stock remains separately listed.
Business
India | Adani Group in talks with Accor and ITC Hotels to manage Jaypee hotel portfolio
Having finalised the acquisition of Jaiprakash Associates (JAL) for ₹14,535 crore via a resolution plan approved by India's National Company Law Tribunal (NCLT) in March 2026, Adani Group is reportedly in negotiations with Accor and ITC Hotels to hand over management of several hotel assets from the acquisition, according to reports carried by the Economic Times.
Development
Egypt | Marriott International signs major agreement with Misr Italia Properties and People & Places
Under the auspices of Egyptian Prime Minister Mostafa Madbouly, and in the presence of Minister of Tourism and Antiquities Sherif Fathy and Minister of Housing, Utilities and Urban Communities Randa El-Menshawy, Marriott International has officially signed agreements with Misr Italia Properties and People & Places. In total, 1,839 rooms and branded residences are involved, for a combined investment of EGP 33 billion.
Strategy
Deal, UK | OneIM, AENDRE and LHC Group acquire The Other House platform for £375 million
One Investment Management (OneIM), AENDRE Group and LHC Group have acquired a three-property Central London hotel portfolio from Dutch pension investor APG for £375 million. Financing for the acquisition was provided by Cheyne Capital.
Fusac
Deal, USA | Mast Capital and Koch Real Estate Investments Acquire The Islands of Islamorada Resort in Florida
A joint venture formed by Mast Capital, the Florida-based real estate development and investment firm, and Koch Real Estate Investments has acquired The Islands of Islamorada resort in the Florida Keys from the Frisbie Group. Scott Wadler of Berkadia Miami arranged financing for the acquisition through lender Ardent Real Estate. The sale price and the name of the future management company were not disclosed, with CoralTree Hospitality — which had managed the property for two years — no longer part of its portfolio.
Derniers articles
Personnel Moves
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.
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.
Development
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.
Development
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.




