News

Trinity Investments Acquires The Standard, London Alongside Oaktree and Partners Group

Trinity Investments, along with Oaktree Capital Management and Partners Group, has acquired The Standard, London, a luxury lifestyle hotel featuring 266 rooms and suites. Located in King's Cross, the hotel occupies the Brutalist-style Camden Town Hall Annexe building and includes six food and beverage venues. This acquisition follows Hyatt's recent purchase of Standard International, which includes The Standard and Bunkhouse Hotel brands.

Hard Rock Hotel & Casino Bristol Opens with Iconic Guitar Smash

Hard Rock Hotel & Casino Bristol officially opened Thursday morning with the iconic Hard Rock guitar smash ceremony. Virginia’s first casino, originally opened as “Bristol Casino – Future Home of Hard Rock” in July 2022, marked the next chapter of its journey.

Indian Hotels adds two new brands

Indian Hotels (IHCL) has reported its tenth consecutive quarter of record performance, with revenues up 28% year on year with an ebitda margin up to 29.9%. Its revpar, a key measure of performance at the hotel level, was up 10% internationally, with occupancy of 75%.

Hotel Miguel Angel Acquired in Madrid

Lopesan Hotel Group, the leading hotel company from the Canary Islands, in partnership with the investment firm Stoneweg Hospitality, has acquired the Hotel Miguel Angel, previously owned by General Mediterranean Holding S.A SPF, an iconic luxury hotel in the heart of Madrid’s Paseo de la Castellana.

InterGlobe Establishes Miiro In Switzerland, Marking A New Era For European Hospitality

InterGlobe’s lifestyle brand Miiro is expanding across Europe with its latest addition, The Mansard in Gstaad, bringing Miiro into Switzerland’s celebrated hospitality market. This launch strengthens Miiro’s presence in Europe, with The Mansard joining sister properties in Paris and Barcelona, alongside upcoming locations in London and Vienna set to open in 2025.

Croatia’s largest tourist resort investment takes shape in Poreč

Istrian hotel group Valamar has just presented its €139 million project to create a five-star tourist resort in Poreč, where the company is based. Due to open before the season starts in 2026, the Pical resort north of town will be the largest single investment of its kind to be initiated in Croatia.

Hyatt and Grupo Piñero announce plans to form strategic venture

Hyatt Hotels Corporation announced plans for affiliates of Hyatt and Grupo Piñero to enter into a long-term asset-light strategic joint venture, headquartered in Palma de Mallorca, Spain, which will manage Bahia Principe-branded hotels and resorts and own the Bahia Principe brand.

Iconic Mekong hotels change ownership

KS Hotels and HMD Asia have announced the acquisition of the iconic La Résidence hotels, located in the Luang Prabang in Laos and Siem Reap, Cambodia. Both properties were previously owned and managed by Belmond.

Artwork stolen from Schevening hotel; Man walked out with 50 kg statue in suitcase

The police are looking for a man who committed a remarkable theft at the Kurhaus hotel in Scheveningen. In broad daylight, the man put a rare statue weighing over 50 kilograms into his suitcase and walked out without anyone noticing, The Hague police said on the investigation program Team West. The statue, worth 15,000 euros, is still missing.