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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.
Development
2030, United Kingdom | Virgin orders 12 high-speed trains from Alstom to challenge Eurostar on cross-Channel routes
Virgin has placed a firm order with Alstom for 12 Avelia Stream high-speed trainsets, worth between €650 million and €700 million. The operator plans 13 daily return services between Paris and London from 2030, before extending its offer to Brussels and Amsterdam. It thus becomes Eurostar's first competitor since the Channel Tunnel opened, with an onboard experience inspired by Virgin Atlantic, Virgin Voyages and Virgin Hotels.
Explorer
Development
Saudi Arabia | Expo 2030 Riyadh and Mohammed Al Habib Sign €733m Joint Venture for the Expo Village
Expo 2030 Riyadh and Saudi developer Mohammed Al Habib Real Estate Company (MAHR) have signed a SAR 3.2 billion (approximately €733 million) joint venture agreement to develop and deliver the Expo Village, the site's future residential community. The project, which envisages around 2,300 apartments for some 5,500 residents, is set to house official delegations during the event before becoming a permanent neighbourhood in northern Riyadh. It is the first real estate partnership struck by Expo 2030 Riyadh with the private sector, as work on the site progresses at a steady pace.
Development
United Kingdom | After Paris and the Plenitude Arena, Adagio renews its partnership with the London Stadium
Adagio, Europe's leading aparthotel operator, has announced the renewal of its partnership with the London Stadium in east London. In place since 2022, the agreement strengthens the group's accommodation offering for spectators, event professionals, teams and partners attending the venue, as part of its FIRST 2030 strategic plan.
Headlines
France | Adagio Renews Three-Year Partnership with the Plenitude Arena
Adagio, Europe's leading aparthotel operator, announced on 8 July 2026 the three-year renewal of its Gold partnership with the Plenitude Arena, Europe's largest indoor arena, located in La Défense. Launched in February 2024, the collaboration forms part of the group's FIRST 2030 strategic plan and aims to combine flexible accommodation with proximity to the capital's major sporting and cultural events.
Development
New hospitality, Scotland | Inverlonan opens a “landscape hotel” on the shores of Loch Nell, near Oban
The Scottish estate Inverlonan will open a nine-bedroom landscape hotel and a 24-cover restaurant on the shores of Loch Nell, around 6.5km east of Oban, in November 2026. Built around the restoration of the historic Ballygowan farmstead, the project extends the off-grid bothy offering launched by the estate in 2020 into a more structured accommodation format, underpinned by a certified organic farming operation.
Development
2026-2028, United Kingdom | Hilton signs ten new Spark by Hilton hotels with AG Hotels Group
Hilton is stepping up the rollout of its premium-economy brand Spark by Hilton in the UK with the signing of ten hotels, representing almost 700 rooms. The deal, agreed with AG Hotels Group, marks the brand's entry into Wales and spans ten English and Welsh towns and cities, with openings phased between late 2026 and 2028.
Development
2029 Wellness, Marbella, Spain | Ilanga Capital and Goldman Sachs finance the Oakmond longevity resort
Private equity fund Ilanga Capital, chaired by Pelayo Cortina Koplowitz, and Goldman Sachs Alternatives' real estate arm have signed a €145 million senior financing facility for the construction of the Oakmond wellness and longevity resort in Marbella. The deal allows the project, built on the former Incosol hotel site, to enter its main development phase, with opening scheduled for the third quarter of 2029. It consolidates the financial structuring of a project whose execution budget stands at approximately €260 million.
Development
2028, Turkey | Marriott International and Özak GYO Sign The Ritz-Carlton, Kemer, All-Inclusive
Marriott International and Turkish group Özak GYO have signed an agreement for the opening of The Ritz-Carlton, Kemer, All-Inclusive, the brand's first luxury all-inclusive resort in the Europe, Middle East and Africa region. Located in Kemer, in the province of Antalya, the 141-room-and-suite property is due to open in 2028. The project marks a milestone in the expansion of Marriott's luxury all-inclusive segment beyond the Caribbean and Latin America.
Development
2027, Maldives | Atmosphere Core Signs ONE BANYAN Amaraa Faru, Its 10th Resort in the Archipelago
Atmosphere Core, the hotel group born in the Maldives, has announced the signing of its 10th resort in the archipelago: ONE BANYAN Amaraa Faru, due to open in March 2027 in Kaafu Atoll. This independent 118-villa property launches the new co-branded ONE BANYAN collection within Atmosphere Hotels & Resorts. The project reflects the group's strategy of catering to guests seeking personalised experiences rather than a simple accumulation of amenities.
Development
China | MGM Hospitality Opens MGM Shenzhen Prince Bay in the Heart of the Greater Bay Area
MGM Hospitality Group (Asia Pacific) opened MGM Shenzhen Prince Bay on 10 September, a 298-room property located in Shekou, in the Nanshan district. The hotel sits within a strategic cultural and port district of the Guangdong-Hong Kong-Macao Greater Bay Area, connected to the Shekou Cruise Home Port. The opening strengthens the group's presence in the Greater Bay Area and confirms MGM Hospitality's growing momentum in the Chinese market.
Development
2027, United Kingdom | Oberoi Mayfair: construction enters an active phase in London
The future Oberoi Mayfair, the Indian group's first hotel in the United Kingdom, is entering a concrete construction phase at 40-46 Brook Street, London. Toureen Contractors, appointed for the structural and refurbishment works, has begun installing site welfare facilities and expects scaffolding to go up in early June 2026, confirming a delivery timeline still set for the end of 2027.
Development
World | Ennismore Strikes Again with Signings in Bangkok, Dubai and an Opening in Mexico City
Ennismore, Accor's lifestyle joint venture, has made a string of strategic announcements within the space of a few days: the signing of Bangkok's first 25hours Hotel, The Hoxton's entry into the United Arab Emirates with a flagship in Dubai, and the opening of Hyde Mexico City Reforma, the brand's first address in Latin America. These announcements confirm the group's simultaneous rise across three continents, just days after the signing of the first all-inclusive Rixos resort in Thailand.
Business
2026, France | Crédit Agricole Takes a Stake in Miraval Provence (Perrin Family • Brad Pitt)
Crédit Agricole, through IDIA Capital Investissement and Sofipaca, has taken a minority stake in Miraval Provence, alongside Categorys Perrin and Château Miraval. Carried out via a reserved capital increase, the deal is intended to support the Provence wine house through a new growth phase, driven by international expansion, stronger marketing and a more structured organisation.
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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.




