News

Trump International Hotel Maldives

Dar Global, the London-listed luxury real estate developer and The Trump Organization proudly unveil two historic milestones, the debut of Trump International Hotel Maldives, the brand's first property in the Maldives, and the launch of the world's first tokenized hotel development tied to the project.

Jaypee Hotels Launched the Boomerüng Complex

Envisioned as a space for innovators, creators, and changemakers, The Boomerüng Complex harmonizes business, wellness, and leisure through thoughtfully designed spaces and elevated dining experiences. 

Breaking: CEO change at Virgin Hotels

Virgin Hotels Collection has confirmed that James Bermingham has left his role as CEO and named board member Joe Margison as interim CEO at the beginning of November for the next 12 months.

BCD and Conferma add rating for hotel virtual card acceptance

BCD Travel and virtual payment technology provider Conferma have partnered to launch a virtual card acceptance rating, with which travellers and travel managers can see how well a hotel is able to process virtual cards, the companies announced.

China pipeline update

China’s hotel construction pipeline stands at 3,695 projects with 656,873 rooms, according to Lodging Econometrics data. 

Sofitel to Open Record-Breaking Hotel in Makkah, Saudi Arabia

Accor recently announced that it will be expanding its Saudi Arabian portfolio with the signing of Sofitel Jabal Omar Makkah – a new landmark property in the heart of Makkah, within walking distance of the Holy Mosque. Currently expected to open in 2026, the hotel will be the largest Sofitel property in the world, with 1,141 rooms and suites.

Four Seasons Hotel Austin Unveils an Immersive Digital Wine Tasting Experience

Four Seasons Hotel Austin invites guests to uncork a new chapter in experiential dining with the debut of its Immersive Digital Wine Tasting Experience, created in collaboration with award-winning TableMation Studios. Launching this fall at Ciclo, the innovative program fuses cinematic projection technology with the timeless art of winemaking, transporting guests through some of the world’s most celebrated wine regions.

Vici $1.16B sale-leaseback with Golden

New York City-based REIT Vici Properties has agreed to acquire seven casino properties from Las Vegas-based Golden Entertainment for $1.16 billion and to enter into a triple-net master lease with a newly formed entity that will be owned and controlled by Blake L. Sartini, current chairman and CEO of Golden. 

Malibu boutique sells for almost $2M per key

Luxury fashion brand Chrome Hearts, owned by Richard and Laurie Stark, last month acquired the boutique 20-room Surfrider Hotel in Malibu from Dauntless Capital Partners for $37.5 million, or a gawdy $1.9 million per key, according to multiple reports.

$34M Brisbane Hotel Deal Boosts Jaleel Portfolio

Singapore’s wealthy Jaleel family has made a strategic move into Brisbane’s hotel market with the acquisition of the George Williams Hotel for about $34 million according to The Australian Financial Review. 

Industry icon Ian Schrager to open new hotel in 2026

Schrager, who is often credited with launching the boutique hotel movement, was recently honoured with the Icon Award at The World’s 50 Best Hotels. Legendary hotelier Ian Schrager will open PUBLIC West Hollywood in spring 2026, the second site for his ‘luxury for all’ hotel brand.

Airstreams for UAE

Lifestyle group Ennismore has partnered with Dubai Holdings to introduce Caravan Hatta by Our Habitas at Hatta Resorts in the UAE. 

Kessler Collection, Highgate partner for luxury hotel management

Orlando-based Kessler Collection has formed a strategic alliance with real estate investment and management company Highgate to create Kessler Hospitality, a luxury and lifestyle hotel management platform. No further details were released.

New tech-driven, staff-lite hotel to launch in London

The Drey, a new hotel concept, is set to launch its debut property in London’s Earl’s Court later this year. The 125-room hotel is positioned as a design-forward, efficiency-driven concept, with guests able to check in online, enter via keyless access and manage their stay through a dedicated app.