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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.
Explorer
Development
Development, Vietnam | Ascott accelerates growth with nine signings in H1 2026, portfolio up more than 30%
The Ascott Limited announces the signing of nine management agreements in Vietnam in the first half of 2026, representing more than 3,200 units. These signings grow the Group's Vietnamese portfolio to approximately 12,000 units and mark the launch of The Crest Collection in the country, with an entry into Quy Nhon and reinforced presence in Phu Quoc, Hanoi, Ho Chi Minh City, Hai Phong and Da Nang.
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.
Development
Signing, Portugal | Norfin selects Barrière to operate a luxury hotel at Estalagem da Cegonha, Vilamoura
Norfin has entrusted Barrière with managing a five-star hotel and branded residences at the historic Estalagem da Cegonha, in Vilamoura. The project marks the French hotel group's entry into southern Portugal and represents its third property in the country.
Development
Brand, UK | The Lancaster Landmark Hotel Company Rebrands as The Landmark Collection
The Sihanatkathakul family, owner of The Lancaster Landmark Hotel Company, unveils The Landmark Collection, a new unified identity bringing together six properties in London and Bangkok. The repositioning accompanies the family group's transformation from a traditional hotel operating company into an internationally minded hospitality management and development platform.
Development
Reopening, Italy | Danieli, Venezia, A Four Seasons Hotel welcomes its first guests
Danieli, Venezia, A Four Seasons Hotel has reopened in Venice, on the Riva degli Schiavoni. Renovated by interior architect Pierre-Yves Rochon in partnership with Gruppo Statuto, the property offers 120 rooms and suites, with capacity set to rise to 168 units by 2027.
Development
Culture, Abu Dhabi | Guggenheim Abu Dhabi to open on 11 December 2026, a new engine of tourism appeal
The Department of Culture and Tourism – Abu Dhabi announces the opening of Guggenheim Abu Dhabi on 11 December 2026. Designed by Frank Gehry, this museum of modern and contemporary art completes the Saadiyat Cultural District alongside the Louvre Abu Dhabi, reinforcing the emirate's tourism and hospitality ambitions.
Development
Signature, Vietnam, 2029 | Meliá Hotels International Signs Vietnam’s First Meliá Collection Property in Mui Ne
Meliá Hotels International has announced the signing of Ocaria Retreat Mui Ne, Member of Meliá Collection, the brand's first Meliá Collection property in Vietnam. The 187-key, five-star resort, due to open in 2029, marks the arrival of the group's fifth brand in the country, in partnership with local developer Nam Chau Tourism JSC.
Development
Development, Germany | Sunday Hotels opens 24 new properties, tripling its presence in the country
Sunday Hotels announces the integration of 24 hotels and resorts in Germany, previously operated under the Accor, Wyndham and H+ brands. The group thereby grows its German portfolio from 11 to 35 properties, as part of its European development strategy and its partnership with Aroundtown.
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.
A la une
Rumour, Portugal | BF Grupo said to be preparing Rosewood’s arrival on Avenida da Liberdade in Lisbon
According to information obtained by Jornal Económico from sources close to the matter, Portuguese property group BF Grupo is reportedly preparing to develop a luxury hotel on Avenida da Liberdade in Lisbon, to be operated by Rosewood Hotels & Resorts. A contract between BF Grupo and the brand is said to already exist, though this could not be confirmed at this stage.
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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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