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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
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.
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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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