The Crowne Plaza Frankfurt, operated by Novum Hospitality under an IHG licence, was evacuated and closed on Monday in the Niederrad district over fire-safety failures, putting 50 jobs at risk. The 395-room property, whose sprinkler system is reported to be out of service, could require up to €25 million in works, against a backdrop of a lease dispute with French property company Praemia. The sudden closure highlights growing tensions between hotel operators and landlords over responsibility for compliance works.

SCPI Atream Hôtels, managed by asset manager Atream, has announced the acquisition of a 216-room, 4-star hotel in L'Albir, on the Costa Blanca, together with a 15-year firm lease handed to Pierre & Vacances for its operation. Announced on 22 September 2026, the deal marks the SCPI's entry into the Spanish market, its sixth country of investment, and confirms its strategy of geographic diversification alongside major European tourism operators.

JLL Hotels & Hospitality Group advised Essendi on the sale of four hotels in Poland — 752 keys — to Polish group DeSilva. The portfolio brings together the Sofitel Warsaw Victoria, a landmark hotel in central Warsaw, along with three properties in Szczecin operated under the Novotel and ibis brands. The deal forms part of the refocusing strategy pursued by Essendi, formerly AccorInvest, on the economy and midscale segments in Europe.

🔎 Trend of the day: Africa is stepping up to a new scale. A Kempinski complex in Douala and a regional office for Aleph Hospitality in Cape Town show the continent drawing operators and investors, while Prague, Barcelona and Berlin each confirm, in their own way, the vitality of European hospitality.

🔎 Trend of the day: Asia-Pacific and the Gulf, new playgrounds for signature projects. From Dubai to Coron, via Bali and Vietnam, destinations are betting on experience and moving upmarket, while in Europe, Monaco's lack of hotel capacity is sending a trade show to Cannes.

🔎 Today's trend: hospitality is thriving on major events and mega-projects. Between a room rush in Montreal for the UCI Road World Championships, a $1.3 billion complex in Accra and the revival of a historic boutique hotel in Monaco, this week confirms hospitality's role as a global economic and tourism barometer.

Rosewood will cease managing Rosewood Le Guanahani St Barth from 1 October 2026, ahead of a reopening announced for 1 November under the name Airelles Le Guanahani. The island's largest hotel property thus joins the collection of businessman Stéphane Courbit, who had expressed interest in Saint-Barthélemy as early as 2019. The deal marks Airelles' first foray into the Caribbean.

Singapore-based Banyan Group has announced the acquisition of a majority stake in Newmark Hotels & Reserves, the South African operator founded in Cape Town in 2007. Structured in phases towards full ownership, the deal adds 26 hotels, lodges and reserves across seven African countries to the group's portfolio, strengthening Banyan Group's presence in one of the world's fastest-growing tourism markets.

German group Merkur Spielbanken Beteiligungs GmbH, a subsidiary of the family-owned Gauselmann Group, signed the definitive sale agreement on 17 September 2026 for the indirect acquisition of a majority stake in Company Française de Casinos (Euronext Paris: SFCA). The deal, structured through the purchase of 95% of Casigrangi, the holding company that owns 81.21% of SFC, paves the way for a simplified public tender offer and, ultimately, a delisting of the French operator.

Hospitality news for 17 September 2026: from training initiatives to signature openings and sector taxation, here's what stood out today.

Dutch real estate fund Jupiter Capital, based in Haarlem, is investing €33.1 million to enable completion of the Galaxy Tower, a 92-metre mixed-use tower in Utrecht's Beurskwartier district that will comprise 317 rental apartments and 250 hotel rooms operated by Amrâth Hotels. The deal, announced on 31 August, follows a prolonged financial dispute between developer De Lelie Vastgoed and construction firm Ballast Nedam that halted the site for more than two years. Delivery is now expected in mid-2027, over six years behind the original schedule.

Groupe Premium, the French wealth management group led by Olivier Farouz, announced on 15 September 2026 revenue of €504 million for the twelve months to end of June 2026, up 28% year-on-year. The announcement follows the January 2026 acquisition of a majority stake in Pierre Premier Gestion (PPG), a real estate management company with exposure to budget hospitality — a development that positions the group as an emerging player in French hotel investment.