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360°: Today’s Hospitality News Round-Up | From Amboise to Lucknow via Tokyo and Zurich
🔎 Today's trend: hospitality between showcase and backstage. As Lucknow, Amboise and Tokyo celebrate new openings and collaborations, France's restaurant sector faces renewed scrutiny over working conditions in the Big Mamma case.
Business
United States | Goldman Sachs commits €351M to physical real estate with LCN Capital Partners acquisition
The Goldman Sachs Group announced on 18 August 2026 the acquisition of LCN Capital Partners, a platform specialising in sale & leaseback transactions, for a consideration of up to €351M ($410M). The deal gives Goldman Sachs Asset Management a specific area of expertise - the resale of corporate real estate while preserving its use through a long-term lease - after two years marked by high interest rates that curbed investment in physical real estate. For the hospitality sector, the acquisition is also a reminder that LCN held exclusive talks in 2025 to buy nine Silken hotels in Spain, before ultimately being outbid by Hotusa.
Explorer
Investissements
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.
Business
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.
Headlines
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.
Development
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.
Business
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.
Business
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.
Headlines
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.
Business
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.
Development
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.
Business
Transaction, Brazil | CPP Investments and HSI form joint venture to acquire two iconic Hilton hotels
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Business
Transaction, USA | Ashford Hospitality Trust continues portfolio optimisation with sale of the Hyatt Regency Long Island
As part of the portfolio optimisation strategy announced in a press release on 9 April 2026, Ashford Hospitality Trust had already confirmed the sale of four hotels and entered into definitive agreements for two additional sales. The Group has now completed, on 31 July, a seventh, separate divestment: the Hyatt Regency Long Island. Together, these transactions are expected to generate more than $60 million in future capital expenditure savings.
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Personnel Moves
Courchevel, France | Madeleine Munier appointed General Manager of Monte-Carlo One Courchevel
Madeleine Munier has been appointed General Manager of Monte-Carlo One Courchevel, the first property under Monte-Carlo Company des Bains de Mer's international brand outside the Principality. She takes up her role during the pre-opening phase, with the first guests expected for the 2026/2027 winter season. With nearly nine years at Airelles, including a spell leading La Bastide de Gordes, she brings solid experience in luxury hotel management and hotel openings to the project.
Development
USA | Access Point Financial and TMGOC Ventures inject €103m into New Orleans Fairmont/Element duo
Access Point Financial and TMGOC Ventures have co-financed the recapitalisation of the dual-branded Fairmont by Accor and Element by Westin complex in New Orleans to the tune of $120 million (approximately €103 million), via a bridge loan and a preferred equity investment. The scheme, led by local developer Kailas Companies, is the result of converting a former 31-storey office tower in the central business district. The Element opened in February 2026, while the Fairmont is due to follow in autumn 2026.
Personnel Moves
Amsterdam, Netherlands | Emmy Stoel Appointed General Manager of the Mandarin Oriental Conservatorium
Emmy Stoel, currently General Manager of the InterContinental Athénée Palace Bucharest, has been appointed to head the Mandarin Oriental Conservatorium in Amsterdam. The news, revealed by Dutch daily De Telegraaf, marks the seasoned hotelier's return to the Dutch capital, where she has already led two landmark properties. The appointment comes as the hotel continues its repositioning under the Mandarin Oriental banner.
Personnel Moves
Southlake, USA | Derek Sharp appointed SVP Lodging, Ground and Media at Sabre
Sabre (NASDAQ: SABR) has announced the appointment of Derek Sharp as Senior Vice President, Lodging, Ground and Media, effective 8 September 2026. He succeeds Chinmai Sharma and will be responsible for driving further growth in this strategic business, as the technology group expands its hotel distribution offering and its connectivity with agencies and suppliers.
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