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360°: global hospitality news round-up, 9 October 2026 | From Barcelona to Bangkok via Brazzaville and Rehoboth Beach
🔎 Trend of the day: AI, the new engine of hotel performance. From conversational distribution to real-time pricing, industry players are embedding artificial intelligence at the heart of their value chain, from booking through to profitability management.
Business
US | Braemar Hotels & Resorts sells Four Seasons Resort Scottsdale for €318m and completes its exit from Ashford
Braemar Hotels & Resorts (NYSE: BHR) has signed a definitive agreement to sell the Four Seasons Resort Scottsdale, in Arizona, for $372 million (around €318m). Closing is expected on 22 October 2026. The Dallas-based listed REIT is using the proceeds to fund its separation from Ashford Inc. and will become a self-managed REIT focused on seven luxury hotels in the United States and the Caribbean.
Explorer
Business
Spain | ECO-ONE launches new edition of The Hotel Drop in Madrid
The Spanish start-up will offer second-hand furniture from four Madrid hotels online from 3 to 6 September
Business
Netherlands | Invesco Sells Andaz Amsterdam Prinsengracht to First Sponsor Group
Invesco Real Estate has sold the Andaz Amsterdam Prinsengracht, a 122-room five-star hotel in the heart of the canal district, to a consortium led by Singapore's First Sponsor Group for approximately €93.5 million. Acquired in 2019 as the flagship asset of its European Hotel Fund, the property continues to be operated by Hyatt under a long-term lease running to 2042. The transaction reflects Invesco's portfolio rotation strategy, as Amsterdam confirms its appeal to international hotel investors.
Business
Obituary, Germany | Klaus-Michael Kühne, patriarch of global logistics, dies aged 89
Klaus-Michael Kühne, controlling shareholder of Swiss group Kühne+Nagel and long regarded as one of Germany's wealthiest men, died overnight on 23–24 August 2026 in Schindellegi, Switzerland, aged 89. Over more than six decades, he transformed the family business founded in Bremen in 1890 into one of the world's foremost maritime and air freight groups, while also building, through his stakes in Lufthansa and Hapag-Lloyd, an empire spanning the entire international mobility chain. His passing, and the question of how his influence will pass to the Kühne Foundation, directly concern a hospitality sector whose activity remains inseparable from the air and sea flows he helped shape.
Business
CSR, Aviation | UK’s Nova Pangaea validates its biomass-based sustainable aviation fuel process
British company Nova Pangaea Technologies has successfully completed endurance trials at its Teesside demonstration site, validating the stability of its REFNOVA process for converting residual biomass into sustainable aviation fuel (SAF). The trials demonstrated continuous operation over production cycles of up to 72 hours, with yields exceeding set targets. This milestone comes as the company launches a fundraising round to build its first commercial-scale plant, in an aviation sector seeking alternative feedstock sources to used cooking oil.
Development
France | Saudi Arabia invests €6 billion in three theme parks in Val-d’Oise
Saudi sovereign wealth fund PIF, via its subsidiary Qiddiya Investment, signs an agreement with the Élysée to revive the site of the former Mirapolis theme park, with a hotel and residential component to support the operation.
Business
India | IHCL to Merge with Oriental Hotels Limited, Absorbing Its Taj Portfolio
India's leading hotel group formalises the shareholding consolidation with its associate company, owner of the Taj Coromandel and Taj Malabar, in an all-stock transaction.
Business
Wellness, UK | Excalibur Group acquires SpaSeekers, a year after Spabreaks.com
The British holding company, owner of Wowcher, continues its push into the spa and wellness market by acquiring SpaSeekers, one of the sector's longest-standing booking platforms, consolidating its position in the UK market.
Business
Write-down, United States | PPHE Hotel Group completes sale of Manhattan development site
The London-listed owner of the Park Plaza and art'otel brands pockets €28.7m for a plot near Hudson Yards, seven years after acquiring it and six months after scrapping the originally planned hotel project.
Business
UK Split | Maybourne Group Divides Between Regis Maybourne and Constellation Hotels
Regis Maybourne (UK) Ltd and Selene SARL, a subsidiary of Constellation Hotels Holding Limited,...
Headlines
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.
Business
United States | CAMO Hospitality Raises €3.4M to Reclaim Room Service from Delivery Apps
The California-based start-up aims to capture a share of the €4.3 billion that American hotel guests spend annually on third-party meal delivery, offering properties a turnkey room service solution under their own brand.
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Business
360°: global hospitality news round-up, 9 October 2026 | From Barcelona to Bangkok via Brazzaville and Rehoboth Beach
🔎 Trend of the day: AI, the new engine of hotel performance. From conversational distribution to real-time pricing, industry players are embedding artificial intelligence at the heart of their value chain, from booking through to profitability management.
Personnel Moves
Hong Kong, China | Conor Hadlington appointed General Manager of Conrad Hong Kong
Hilton has entrusted the general management of Conrad Hong Kong to Conor Hadlington, who took up the post on 28 September 2026. A veteran of Mandarin Oriental, InterContinental and Shangri-La, the British executive now oversees operations, commercial strategy and the delivery of brand standards at the 513-room hotel in Pacific Place, in the Admiralty district.
Business
US | Braemar Hotels & Resorts sells Four Seasons Resort Scottsdale for €318m and completes its exit from Ashford
Braemar Hotels & Resorts (NYSE: BHR) has signed a definitive agreement to sell the Four Seasons Resort Scottsdale, in Arizona, for $372 million (around €318m). Closing is expected on 22 October 2026. The Dallas-based listed REIT is using the proceeds to fund its separation from Ashford Inc. and will become a self-managed REIT focused on seven luxury hotels in the United States and the Caribbean.
Personnel Moves
Governance, Singapore | Chin Fen Eu to step down as CEO of Frasers Hospitality as the group reorganises its governance
Frasers Property Limited has announced the departure of Chin Fen Eu, CEO of Frasers Hospitality, effective 1 January 2027. The Singapore-based group is using the transition to split the governance of its hospitality arm between operations, entrusted to Chew Hang Song, and investment, placed under the responsibility of Eric Gan.




