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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
Germany | Centralis Immobilien Signs Double Hotel Acquisition in Cologne
German real estate developer Centralis Immobilien has announced the acquisition of two vacant hotels in the heart of Cologne, bought from the Crescendo portfolio. Both buildings will be converted into 233 serviced apartments, with operations entrusted to Finnish operator Bob W. The deal reflects the group's development strategy, which aims to capitalise on the current buyer's market to secure prime locations in major German cities.
Development
United States | ErieView Development closes financing for Erieview Tower’s conversion into W Cleveland
The project will transform a 1964 office tower into a €202 million hotel-residences-office complex, featuring the world's first W Residences offered for rent rather than for sale.
Development
Australia | TFE Hotels invests €62m in renovation of its Adina network
Australian hotel group TFE Hotels is committing €62m (AUD 100m) to the renovation of its first-generation Adina properties in Australia, Europe and the UK. Announced on 6 September 2026, the programme accompanies the repositioning of the apartment-hotel brand in response to growing demand for residential-style accommodation, alongside new openings and the rollout of a dedicated digital guest experience platform.
Development
Thailand | RIU Hotels & Resorts makes its Thai debut with the opening of the Riu Palace Phuket
RIU Hotels & Resorts inaugurated the Riu Palace Phuket on 4 September 2026, a 5-star, 504-room property on Mai Khao Beach, immediately adjacent to Sirinat National Park. The opening marks the Spanish hotel chain's entry into the Thai market, featuring a 24-hour All-Inclusive concept and the premium Elite Club by RIU offering. For the family-owned group, which now operates 101 hotels across 22 countries, the new property forms part of a strategy to strengthen its presence in Southeast Asia.
Development
UK | Starboard Hotels and LaSalle Acquire Seven Accor Hotels from Ares and EQ Group
Starboard Hotels, in joint venture with LaSalle Investment Management, has acquired seven Accor hotels in the UK from Ares Real Estate Funds and EQ Group, for an undisclosed sum. The deal takes Starboard's UK portfolio to 28 properties and marks the group's first private equity transaction. The seven hotels will continue to operate under Accor franchise, in key regional markets including Birmingham, Sheffield, Southampton and London.
Development
Greece | PREMIA Properties invests in AKTI Hotels & Resorts in Rhodes and Kos
Greek property company PREMIA Properties announced on 22 June 2026 its entry into the capital of AKTI Hotels & Resorts Group and the financing of the modernisation of three properties in Rhodes and Kos. The deal, estimated at more than €250 million including renovation works, is expected to be finalised by the end of 2026 and forms part of PREMIA's hotel portfolio growth strategy.
Development
France | EXTENDAM signs acquisition of ibis Paris Père Lachaise
France's leading hotel private equity firm strengthens its presence in eastern Paris alongside KER Hospitality, with a recently renovated 3-star, 31-room asset.
Development
Spain | Ayesa Engineering strengthens its hospitality position by managing several Holiday Inn Express projects
According to a statement issued on 3 September 2026, Ayesa Engineering is strengthening its position in the hospitality sector by taking on the management of several Holiday Inn Express projects in Spain on behalf of Tikehau Capital and Quest Capital. Construction of the first of these properties, a 244-room hotel, has now begun in Madrid. Opening is scheduled for the first quarter of 2028.
Development
Malaysia | Dusit International Opens Dusit Princess Ipoh, Its Third Property in the Country
Dusit International will open the Dusit Princess Ipoh on 1 October 2026, a 268-room property in the heart of the historic city of Ipoh, in the state of Perak. The Thai group's third Malaysian property is backed by a partnership with local developer Plenitude Berhad and aims to support the growing momentum of domestic tourism in the region.
Headlines
360°, a world tour of today’s hospitality news | From Paris to Saly via Istanbul and Lourdes
Between cultural patronage, news stories and pricing controversies, the hotel industry is once again in the spotlight, both in Paris and internationally.
Hotel industry news today, 5 September 2026: here's what you needed to know in the sector today.
🔎 Trend of the day: Parisian catering and hospitality return to the spotlight amid patronage, an eagerly awaited reopening and a pricing controversy, while internationally there's a wave of appointments, awards and darker news.
Development
China | Hilton Opens Xi Zhe Wuxi, First Curio Collection Address in Jiangsu
Hilton has opened Xi Zhe Wuxi, Curio Collection by Hilton, the brand's first property in Jiangsu Province. Developed by Hang Lung Properties and operated by Hilton, the 105-room hotel brings together a century-old residence and a contemporary building in the heart of Wuxi's heritage district. The opening confirms the continued strengthening of Hilton's lifestyle portfolio in China, where the group now has five brands in this segment.
Development
Tribune • Investment & Development | Jad Shamseddin, COO of Aleph Hospitality, Makes the Case for Resilient Hotels in a Strained Market
In an op-ed published on the company's blog, Aleph Hospitality's COO sets out the criteria now redefining hotel development across the Middle East and Africa.
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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.




