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2026, European Union | Marketplace METRO ranks Spain the top market to open a restaurant, France 6th

Marketplace METRO published its "Restaurant Launch Report" in Düsseldorf on 7 October 2026. The study compares 20 European Union markets on demand, costs, administrative constraints, recruitment and real estate pressure. Spain comes out on top, while France ranks 6th. The gaps identified in energy, purchasing and labour give operators and investors a useful benchmark when weighing up F&B locations.

Cruise vs Hotel Taxation 🇪🇺 | A Night on Board Taxed 40% Less Than a Hotel Night, Says T&E

In a study published on 3 July 2026, the NGO Transport & Environment (T&E) finds that a cruise stay in Europe carries 40% less tax than a night in a hotel. The study covers France, Italy and Spain. The organisation is calling for tax reform that would bring cruise ships into line with the tourist accommodation regime. The debate goes to the heart of competitive fairness between the hotel industry and "floating hotels".
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Germany | Crowne Plaza Frankfurt shut down in emergency closure amid Novum Hospitality-Praemia dispute

The Crowne Plaza Frankfurt, operated by Novum Hospitality under an IHG licence, was evacuated and closed on Monday in the Niederrad district over fire-safety failures, putting 50 jobs at risk. The 395-room property, whose sprinkler system is reported to be out of service, could require up to €25 million in works, against a backdrop of a lease dispute with French property company Praemia. The sudden closure highlights growing tensions between hotel operators and landlords over responsibility for compliance works.

Must watch (video) | Figure unveils Helix 2.5, a ‘zero-shot’ AI that can tidy homes it has never seen

California start-up Figure presented Helix 2.5 on 17 September 2026, a new artificial intelligence model that allows its Figure 03 humanoid robot to operate in environments it has never mapped. Tested in 30 homes across the San Francisco Bay Area, the system achieved a 56% success rate across three household tasks, with no data collected on site beforehand.

Hotel procurement : an interview with Kacem Aoualli | After centralisation, is AI putting the buyer back at the heart of the game?

Central purchasing offices, volume consolidation, ERP systems and automation have gradually distanced purchasing from hotels and contributed to the disappearance of the storekeeper and the purchasing manager. But does securing the best negotiated price really mean securing the best cost for the property? The Hospitality Tribune met Kacem Aoualli, a buyer and expert in the function with almost 30 years’ experience at Accor, to question this model and consider the return of a profoundly renewed purchasing manager: a buyer augmented by AI, who is at once buyer, cost controller and storekeeper.

2026, United Kingdom | Prism prioritises operational efficiency over RevPAR growth as it moves upmarket

At the Annual Hotel Conference in Manchester, Prism (formerly Oyo) founder and CEO Ritesh Agarwal set out the Indian group's development strategy in the UK and Europe. Rather than betting on RevPAR growth, the group intends to reduce operational complexity in upscale properties through its single technology platform, while strengthening its ties with institutional owners.

South Korea | In Seoul, office-to-hotel conversion becomes an asset class in its own right

With little available land and few viable new-build projects, institutional investors in Seoul are turning office buildings into hotels, as illustrated by BlueCove-CPPIB at LC Tower and Goldman Sachs-IGIS at Timewalk Myeongdong. A structural shortage of rooms, driven by record tourist arrivals, is fuelling a trend that Cushman & Wakefield Korea expects to last.

2027, France | Futuroscope to Mark Its 40th Anniversary with New 4-Star Sci-Fi Hotel

Futuroscope has unveiled its 2027 programme to mark its 40th anniversary, featuring a brand-new night-time parade, fresh entertainment and a fourth themed hotel dedicated to science fiction, currently under construction. Backed by Compagnie des Alpes, this latest step continues the €304 million "Vision 2025" investment plan. The Vienne-based leisure park is further cementing its strategy of positioning itself as a genuine stay destination.

Greece | Egyptian Billionaire Naguib Sawiris Invests €100 Million in Future Silversands Mykonos

Naguib Sawiris, chairman of Ora Developers, has confirmed an investment of around €100 million in Silversands Mykonos, a six-star, 93-key resort whose opening — originally planned for 2026 — has been pushed back to May 2027 due to construction delays and Greek administrative procedures. In an interview with Greek outlet Thema, relayed by ProtoThema, the Egyptian businessman details his vision for the project and his ambitions for Greece for the first time.

United Arab Emirates | Miral to invest €2.8 billion in Yas Island development

Miral, the Abu Dhabi-based destination management and leisure operator, will invest more than AED 12 billion — approximately €2.83 billion — in Yas Island over the next five years. The programme, separate from the previously announced Disney project, aims to strengthen the destination's hotel offering and attractions as part of Abu Dhabi's Tourism Strategy 2030.

OTA, Europe | HOTREC study finds Booking Holdings and Expedia Group capture 85% of Europe’s OTA market

A HOTREC study of 2,713 hotels across 28 countries reveals that Booking Holdings and Expedia Group now account for more than 85% of bookings made via OTAs in Europe. Published on 15 September 2026, the study renews the European federation's call for strict enforcement of the Digital Markets Act, as the European Commission considers a regulatory simplification proposal that could weaken the P2B Regulation.

Malta | Justin Trudeau and José María Aznar to Headline WTTC Global Summit in Valletta

The World Travel & Tourism Council (WTTC) has completed the speaker line-up for its 26th Global Summit, which will bring together more than 1,000 delegates and 200 industry leaders in Valletta, Malta, from 7 to 9 October 2026. Former Canadian Prime Minister Justin Trudeau, former Spanish Prime Minister José María Aznar and Ambassador Nick Adams, the first US presidential envoy for tourism, join the roster of high-profile speakers. Held under the theme "FUTU[RE]SET", the event will examine the investment, resilience and competitiveness levers shaping the global travel industry.

Hong Kong | Marriott’s Luxury Group and Sotheby’s Unveil “The Art of Knowing” in Asia-Pacific

Luxury Group by Marriott International and Sotheby's are deepening their global partnership with the launch of "The Art of Knowing," a masterclass series dedicated to rare craftsmanship and fine collecting, marking its first expansion into Asia-Pacific. Rolling out in Hong Kong from September 14 and in Shenzhen from October 15, the initiative pairs video content with immersive experiences at The St. Regis Hong Kong and The Ritz-Carlton, Hong Kong. It illustrates the experience-led strategy the hotel group is building to strengthen the appeal of its luxury brand portfolio.

France | Accor Makes Franchising the Engine of its Asset-Light Growth

Accor is accelerating the rollout of its franchise model, which already accounts for 61% of its global network and more than 3,500 hotels. Leire Leoz, Group Chief Operating Officer for Franchise, Premium, Midscale & Economy, sets out the drivers behind a strategy aiming for 75% of the portfolio under franchise by 2030 — a scale-up that forms part of the wider asset-light transformation under way across the hotel sector.

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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.

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.

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.

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.