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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.

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.
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Transaction, Lithuania | Grand Hotel Vilnius, Curio Collection by Hilton, set to be sold to a group linked to Tesonet Global

Law firm ESTEEM announces it has advised 1 Asset Management and its IAM Luxury Hotels Fund on the proposed sale of the Grand Hotel Vilnius, Curio Collection by Hilton. The company operating the property is to be acquired by an entity linked to Tesonet Global, UAB, in a transaction still subject to approval by the Lithuanian Competition Council.

Results, Hong Kong | The Hongkong and Shanghai Hotels (Peninsula) returns to profit, commits HK$2.1 billion to renovations at the Peninsula Hong Kong and...

The Hongkong and Shanghai Hotels, owner of the Peninsula Hotels group, reports first-half results marked by a return to profitability, with profit attributable to shareholders of HK$23 million, compared with a HK$289 million loss a year earlier. Driven by strong RevPAR growth in Greater China and the United States, the Group also announces HK$2.1 billion in renovation plans for the Peninsula Hong Kong and the Peninsula Tokyo.

Opening, China | Shangri-La Group unveils its first JEN by Shangri-La in Hangzhou

Shangri-La Group announces the soft opening of JEN Hangzhou by Shangri-La, the JEN brand's tenth property worldwide and its first in the city. Set within the former Hangzhou Oxygen Plant site, inside the Hangzhou Kerry Plaza complex, the 176-room hotel blends preserved industrial architecture with the lifestyle brand's signature "Live New Asia" spirit.

Results, Thailand | Minor Hotels posts Q2 2026 profit growth, accelerates asset-right expansion

Minor Hotels reports stable results for the second quarter of 2026, with core profit up 2% to THB 2.8 billion, driven by strength in Europe and the Americas offsetting disruption in the Middle East. The Group also accelerates its asset-right development strategy, signing 29 hotel management agreements in the half, including 20 in the second quarter alone.

Finance, Spain | Andbank launches a second €200 million hotel fund targeting the Balearics, Canaries and Costa del Sol

Andorran bank Andbank announces the launch of Actyus Hospitality Fund II, a new investment vehicle with €200 million in equity and debt, aimed at acquiring five to six three- and four-star hotels in Spain. The fund targets the Balearic Islands, the Canary Islands and the Costa del Sol, building on the previous Atalaya vehicle, launched in 2020 with Navis Capital and THB Hotels.

Transaction, Thailand | The Savetsomphob family acquires Staybridge Suites Bangkok Sukhumvit, advised by JLL

JLL Hotels & Hospitality Group announces it has advised the Thai Savetsomphob family on the leasehold acquisition of Staybridge Suites Bangkok Sukhumvit, a 411-room IHG-branded property, sold by Origin Hotel PLC. This marks the fourth collaboration between JLL and this family of investors, in a Bangkok market still driven by demand for well-located international hotel assets.

Finance, France | Edgar Suites completes €180 million bank refinancing for its premium serviced apartment residences

Edgar Suites, developer and operator of upscale apart-hotels, announces a €180 million bank financing arranged with Crédit Agricole CIB, BNP Paribas and Company Générale, with tax advisory support from law firm Arsene. The deal covers ten assets, seven in France and three in Spain, and is set to support the Group's strategy of reaching 4,000 rooms in development and operation by 2030.

Development, Portugal | In Comporta, Coporgest invests €220 million in the Iberian Peninsula’s first Park Hyatt

Portuguese developer Coporgest announces a €220 million investment in the Comporta Beach Resort, which will house the Iberian Peninsula's first Park Hyatt property. The contract, signed on 9 July after nearly four years of negotiation, runs for twenty years from opening, planned for the first quarter of 2029.

Transaction, Spain | Meridia acquires landmark flex living asset in Madrid, sold by a consortium led by Bain Capital

Meridia announces the acquisition of a recently delivered flex living asset in Carabanchel, Madrid, from the joint venture formed by Bain Capital, Momentum REIM and Episode. Opened in April 2025, the 977-unit fully furnished property remains managed by Episode, a leading Spanish operator in this fast-growing neo-hospitality segment.

Finance, Italy | Arsenale Group successfully places €300 million senior secured bond

Arsenale Group, owner of the Orient Express hotels in Italy, announces the successful placement of a €300 million senior secured bond, intended to fund its 2026-2030 strategic plan. The transaction, listed on the Vienna Stock Exchange, complements new equity contributed by shareholders and will notably enable the buyback of preference shares issued in 2022 to Oaktree Capital Management.

Distribution, International | Booking Holdings merges the B2B operations of Booking.com, Agoda and Priceline

Booking Holdings is consolidating the B2B operations of its three main brands into a single entity, Booking Partner Services, led by Agoda's CEO. A break with the Group's tradition of brand independence, aimed at better competing with Expedia's B2B offering.

360°, world tour of the day’s news | From Singapore to Issyk-Kul via Bengaluru and Valencia

🔎 Today's trend: between cyber-espionage targeting hotel Wi-Fi networks, renewed investor appetite for India and Central Asia, and consolidation in the French hotel-coliving market, today's news illustrates the growing globalisation of both commercial and security challenges facing the sector.

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Design, Australia | In Sydney, Mathew Dalby joins Gensler as Design Director, Hospitality

The American architecture giant is building out its hospitality practice in Asia-Pacific, entrusting regional creative leadership to a designer with thirty-five years of experience in luxury.

Americas | Hilton Leans on Hilton Honors to Power Its All-Inclusive Portfolio

The group is rolling out its loyalty strategy across a fast-developing all-inclusive segment in Mexico and the Caribbean, with stays available from 51,000 points

International | Aiden by Best Western passes the 58-hotel mark worldwide

BWH Hotels continues to grow its boutique brand Aiden by Best Western, which has now reached 58 hotels worldwide, with more than 20 additional properties in development. Buoyed by recent openings in Germany, Thailand and the United States, the brand is also preparing to enter Canada by the end of the year. This momentum confirms investor appetite for the independent lifestyle segment, backed by the strength of BWH Hotels' network and loyalty programme.

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.
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