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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.
Development
Wanda Hotels & Resorts Surpasses 300 Hotels Worldwide
Chinese hotel group Wanda Hotels & Resorts passed the 300-hotel mark worldwide in August 2026, a milestone confirming its steady rise since its founding in 2007. Backed by a pipeline of more than 500 projects and a presence now spanning over 400 destinations, the group is stepping up its growth in Africa and Southeast Asia while consolidating its footing in the Chinese market.
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Development
2028, Panama | Accor announces the arrival of Pullman in Panama City, its first premium property in the country
Accor announces the arrival of the Pullman Hotels & Resorts brand in Panama, marking the opening of the Group's very first premium hotel in the country. Due in 2028, the Pullman Panama City will feature 300 rooms, event spaces, coworking, restaurants, wellness areas and a rooftop, in one of Latin America's leading business hubs.
Development
Tech, Netherlands | Mews becomes the first PMS to secure an e-money licence in the European Economic Area
Mews Financial Services B.V., a regulated subsidiary of Mews Systems, obtains an electronic money institution licence from De Nederlandsche Bank, making Mews the first hotel management system to secure such approval in the European Economic Area. The licence should allow the group to bring operational and financial management together on a single platform, in line with its expansion into hospitality-focused financial services.
Development
Finance, United Kingdom | Vivion Group completes €87 million refinancing and buys back the freehold of the St Martins Lane Hotel
Vivion Group announces it has completed a new €87 million secured financing covering six hotels in its UK portfolio, and used part of these proceeds to buy back the freehold of the St Martins Lane Hotel, in London. The deal brings together the property's freehold and operational interest, previously separated under a sale-and-leaseback arrangement.
Development
Franchise, Spain | By Salomon Hospitality hands three hotels to NH (Minor Hotels) to expand into corporate travel
Barcelona-based hotel manager By Salomon Hospitality, owned by the Serra Moreno family, forms an alliance with NH Hotel Group (Minor Hotels) to hand over management of three of its properties, two in Barcelona and one in Budapest, from January 2027. The deal allows By Salomon to focus on its core lifestyle business while gaining access to the pure corporate travel segment, outside its comfort zone.
Development
Opening, Kenya | Great Plains unveils Zamara Private, an exclusive residence at the heart of the Maasai Mara
Great Plains, the ecotourism company founded by National Geographic explorers and filmmakers Dereck and Beverly Joubert, announces the opening of Zamara Private, a new private residence within its Reserve-Collection of safari camps. Located at the gateway to the Maasai Mara reserve, this six-suite property, accommodating up to twelve adults, is aimed at families and small groups seeking total exclusivity.
Development
Opening, Vietnam | Tapestry Collection by Hilton debuts in Vietnam with the NHAAN Resort & Spa Hoi An
Hilton opens the NHAAN Resort & Spa Hoi An, marking the arrival of Tapestry Collection by Hilton in Vietnam. The 174-room resort, designed by Vietnamese architect Vo Trong Nghia on the banks of the Co Co River, introduces the Group's lifestyle brand to Hoi An, a UNESCO World Heritage town.
Development
Signing, Malaysia | IHG expands the voco brand to Muar, with the town’s first internationally branded hotel
IHG Hotels & Resorts announces the signing of voco Muar, a 107-room property developed in partnership with KCC Holdings Group, marking the first internationally branded hotel in the Johor riverside town. The signing confirms IHG's strategy of expanding into Malaysia's high-potential secondary and tertiary markets.
Development
Portfolio, USA | First Hospitality takes over management of five new lifestyle hotels across five new markets
First Hospitality announces it has taken over management of five new lifestyle properties in Sedona, Santa Barbara, Green Bay, Elkhart and St. Louis, marking the Group's entry into five new US markets under the Marriott and Hilton brands. The additions strengthen the lifestyle and full-service portfolio of the Chicago-based hotel management company.
Headlines
360°, world tour of the day’s news | From Singapore to Issyk-Kul via Bengaluru and Valencia
🔎 Today's trend: between cyber-espionage targeting hotel Wi-Fi networks, renewed investor appetite for India and Central Asia, and consolidation in the French hotel-coliving market, today's news illustrates the growing globalisation of both commercial and security challenges facing the sector.
Development
Cruise, Monaco | Crystal confirms construction of a third ship with shipyard Fincantieri
Crystal announces the effectiveness of the contract for the construction of its third next-generation ship at the Italian shipyard Fincantieri, with delivery scheduled for May 2034. This third vessel joins the fleet under construction alongside Crystal Grace, due in 2028, and its sister ship, expected in May 2031.
Development
Signing, India | Radisson Hotel Group enters Ongole, Andhra Pradesh
Radisson Hotel Group announces the signing of the Radisson Hotel Ongole, which will become the city's first internationally branded hotel. The signing forms part of the Group's strategy to strengthen its presence in India's tier-2 and tier-3 cities, where improving infrastructure and economic momentum are creating new opportunities for organised hospitality.
Development
Opening, Romania | Radisson Blu arrives at Cota 1400, in the Bucegi Mountains, with a five-star, 68-room hotel
Radisson Hotel Group announces the opening of the Radisson Blu Hotel, Sinaia Cota 1400, the first internationally branded five-star hotel at this altitude in Romania. Housed in a historic building dating back to 1939, right at the foot of the cable car linking Cota 1400 to Cota 2000, the 68-room property combines contemporary alpine hospitality with an upscale wellness offering in the heart of the Bucegi Mountains.
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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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