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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.
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Headlines
360°, world hospitality news round-up, 01.10.2026 #2 | From Saint-Barthélemy to Riyadh via Grenoble and Manila
🔎 Trend of the day: the leadership transfer market is in full swing. A general manager returns to Le Christopher St Barth, a string of departures at L'Isle de Leos, a newly created role at Discovery Hospitality in the Philippines, new leadership at ERTH and Banyan Tree: with seasonal reopenings and pre-openings approaching, groups are securing their management teams.
Business
360°, around the world in hospitality news – 01.10.2026 | From Châlons-en-Champagne to Nha Trang via Exuma and Gurjaani
🔎 Trend of the day: upscaling under strain. From Paris to the Exumas, high-end projects are running up against their stakeholders – staff on one side, neighbours and environmental campaigners on the other. Meanwhile, the major brands press on with their push into emerging destinations, from the Vietnamese coast to the vineyards of Kakheti.
Business
United States | Choice Hotels acquires Harvest Hosts and enters the RV travel market
Choice Hotels International announced on 30 September 2026 that it had signed an agreement to acquire 100% of Harvest Hosts, a US membership network for RV travellers. The deal carries an enterprise value of around €114 million (approximately $130 million). The franchisor is thereby extending its "value-minded" customer base into outdoor travel, through an asset-light model consistent with its long-term strategy.
Business
Italy | De Santis family acquires L’Andana, Terra Moretti’s 5-star resort in Maremma
L'Andana, the resort at Castiglione della Pescaia in Tuscany, has changed hands. According to Thrends' The Bulletin, the De Santis family, owners of Grand Hotel Tremezzo and Passalacqua on Lake Como, has taken over the property from wine group Terra Moretti. The deal follows several loss-making years, and the resort is expected to close for renovation.
Business
2026, Japan | GIC acquires 16 Four Points Flex by Sheraton hotels from KKR for nearly €700m
Singapore's sovereign wealth fund GIC is reportedly the buyer of the 16 Four Points Flex by Sheraton hotels sold by KKR in Japan at the end of September, for around ¥125bn, or nearly €700m, according to people familiar with the matter. The deal adds to a string of large-scale hotel transactions in the country, where a weak yen and record international arrivals are drawing institutional capital.
Headlines
360°, hospitality news around the world, 30.09.2026, #1 | From Dubai to Miami via Brussels, Muscat and Trieste
🔎 Trend of the day: the Gulf, a land of conquest for operators. The opening of Tivoli LA VIE in Muscat, Aleph Hospitality's takeover of the Mövenpick Grand Al Bustan and new cluster leadership for Accor between Dubai and Sharjah: the region remains one of the most active markets in the hotel world.
Business
Germany, MICE | Belvilla (PRISM) takes over operations of the eight Seminaris hotels
Belvilla Deutschland GmbH is taking over the operation of the eight Seminaris hotels in Germany. Four properties switched over on 15 September and the remaining four follow on 1 October 2026. Founded in 1978, the brand is disappearing from the German market. PRISM, parent company of Belvilla and Sunday Hotels, continues its rapid expansion there, a year after making Antwerp Belvilla's gateway into urban accommodation.
Business
2026, France | Parallel Hospitality acquires the Baya Hôtel in Capbreton from Ramsay Santé
Ramsay Santé has sold the business of the Baya Hôtel, a 74-room, 3-star beachfront property in Capbreton, in the Landes department, to Parallel Hospitality, the hotel group founded by Bruno Robert. Advised exclusively by Christie & Co's Bordeaux office, the deal takes the buyer's French portfolio to twelve assets. It also underlines investor appetite for secondary resort towns that are moving upmarket.
Headlines
360°, world hospitality news round-up for 28.09.2026 | Major renovation in Abidjan, appointments in Osaka and Hong Kong, a sale in Glasgow and Ferran...
🔎 Trend of the day: reinventing the asset without losing its soul. From the Sofitel Abidjan Hôtel Ivoire, repositioning a 1963 landmark around business travel, to the YOTEL Glasgow, put up for sale with the added appeal of its tie-up with Hilton, the focus is on unlocking value from existing assets.
Headlines
360°, world news round-up for 26.09.2026 | Ennismore: list or recapitalise? From Tahiti to Thailand via Chania and Grace Bay
🔎 Trend of the day: time for capital decisions. A stock-market listing or refinancing for Ennismore, a successful exit for Crescent in Alpharetta, EKN's withdrawal in Petaluma, a fresh bet from Corinthia in the Turks and Caicos: investors and operators are reshuffling the deck.
Business
360°, World News Round-Up of 25.09.2026 | From Quimper to the Maldives via Venice and the Nile
Hospitality news of the day, 25 September 2026: openings, new funds, appointments and tax debates – here is what mattered in the sector today.
Business
Europe | Extendam launches FPCI Hotels Premium II, a fund dedicated to premium European hotels
Asset manager Extendam has announced the launch of FPCI Hotels Premium II. The new fund will invest in at least 12 hotel SMEs operating premium properties in European capitals and major destinations. Its value-add strategy is built on acquiring both property and operating business, then transforming and upgrading well-located assets.
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Personnel Moves
Geneva, Switzerland | Laurent Boillot appointed head of Edmond de Rothschild’s Art de Vivre & Culture division
The Edmond de Rothschild group has entrusted Laurent Boillot, former CEO of Guerlain and later of Hennessy, with leading its new Art de Vivre & Culture division. Announced on 8 October 2026, the appointment, driven by Ariane de Rothschild, is intended to give greater scale to the wines, fragrances and hotels that complement the Swiss group's private banking business.
Personnel Moves
Paris, France | Françoise Perrier appointed to lead Le Narcisse Blanc Hôtel & Spa
Lignée Hôtels has appointed Françoise Perrier to head Le Narcisse Blanc Hôtel & Spa, a five-star hotel in Paris' 7th arrondissement, effective Monday 12 October 2026. A former executive at the Waldorf Astoria Versailles - Trianon Palace and Hôtel Westminster, she will be tasked with steering the upscale repositioning of the hotel and its restaurant, Cléo.
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.
