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🏖 Four Seasons will manage the historic Park Gstaad hotel in Switzerland, which originally opened in 1910. Owned by philanthropist Dona Bertarelli, the hotel is undergoing renovation by Squircle Capital, with interior design by Joseph Dirand. The renovation preserves the hotel's historical style while adding contemporary updates. The refurbished hotel will offer 75 rooms and suites, plus Penthouse residences for purchase. The Park Gstaad is set to reopen after the extensive renovation, enhancing Four Seasons' portfolio in the European mountain resort region.

🏡 NH Collection is set to make a mark in the Balearic Islands with its first 5-star establishment in Ibiza, opening in April 2025. Located near the island's historic old town and marina, the hotel promises a unique experience combining design, amenities, and services. NH Collection will rebrand the originally opened 2017 Sir Joan Hotel, which enjoys a prime location overlooking Ibiza's port and old town. The hotel will undergo extensive renovations to update its facilities while maintaining its original style. With 38 rooms and suites, the establishment aims to be a significant asset to Ibiza's tourism scene. Real estate investment manager AX Partners acquired the hotel for €28 million as part of their larger Mediterranean portfolio strategy, including plans to purchase an additional property.

🏦 Rocco Forte Hotels to open The Carlton Milan at the end of summer 2025 in Milan's ex-Baglioni Hotel Carlton on Via della Spiga, following major renovations. First, Rocco Forte House Milan debuted in September 2024. The Carlton Milan will have about 70 rooms/suites, designed by Olga Polizzi and interior designers Paolo Moschino and Philip Vergeylen. Amenities include a restaurant, bar lounge, wellness center with gym and spa, and a rooftop bar with a 360-degree view. The Carlton Milan becomes the tenth Rocco Forte property in Italy.

🏨 Mercure opened its first hotel in Ankara, Turkey, in the lively Kızılay district. The Mercure Ankara Kızılay, centrally located near commercial areas, cultural sites, and the business district, offers 72 newly renovated rooms with contemporary amenities blended with local cultural elements. Paul Stevens, Deputy General Manager of Accor's Middle East, Africa, and Türkiye division, highlights the opening as an exciting step in Accor's expansion. Guests can enjoy a variety of dining options, including an open buffet breakfast at Shine restaurant and light snacks at Kentro Café.