Ouvertures d’hôtels

🏨 Investment firms KKR and Baupost Group have formed a joint venture to acquire a portfolio of 33 Marriott International hotels in the UK from a subsidiary of Abu Dhabi Investment Authority (ADIA). European vertically integrated hotel platform Amante Capital, part of KKR, will manage the partnership and continue operating the properties as upscale Marriott-brand hotels. The portfolio includes 6,500 keys and has undergone recent high-quality renovations, offering amenities for both business and leisure travelers across prime cities including London, Edinburgh, Glasgow, Leeds, and Liverpool. This marks KKR's second investment with Marriott International in Europe, making them the largest owner of upscale Marriott hotels in the EMEA region.

🏦 Marriott International plans to open the Ritz-Carlton, Belgrade in Serbia in 2027, marking the first Ritz-Carlton property in the country. The hotel will feature 193 rooms and suites, two dining options, a club lounge, indoor pool, fitness center, spa, and over 1,700 square meters of event space. It will be located on Nikola Tesla Boulevard, near the Danube River, key business areas, cultural, and entertainment venues. The project is in collaboration with Danube Riverside d.o.o. Beograd.

🏦 Waldorf Astoria New York will start taking reservations from December 10 for stays in 2025. The hotel, restored by Skidmore, Owings & Merrill, features interior design by Pierre-Yves Rochon, offering 375 rooms. The legendary property is set to open in spring 2025, located in the heart of Midtown Manhattan, with the majority of rooms exceeding 50m2, blending historical elements with modern enhancements. General Manager Luigi Romaniello anticipates welcoming guests to create new memories at the iconic hotel.

🏡 Ritz-Carlton Belgrade, opening in Serbia's capital, by Marriott International, offers 193 rooms and suites, Ritz-Carlton Club, two restaurants, indoor pool, fitness center, spa, and over 1,700 sq m of event space. Project also includes residential and office towers, conference center, marina, and promenade. Marriott's Serbia portfolio currently has four properties including The St. Regis. Ivan Bošnjak of Danube Riverside doo Beograd collaborates on the development.

🏡 Dusit Princess Melaka, strategically located in the UNESCO World Heritage city of Melaka, marks Dusit's entry into the Malaysian market. Melaka is a growing global tourist destination with a unique heritage and health tourism blend. In September 2024, the region welcomed approximately 10 million visitors, surpassing its annual target of 8.7 million, primarily from key Asian markets like China and Singapore. The hotel, formerly Ramada Plaza Melaka, features 296 rooms, including Deluxe rooms and a presidential suite, all renovated and rebranded to reflect the Dusit Princess brand's distinctive upscale essence.

🏨 Covivio finalized the property restructuring process with AccorInvest by the end of 2023, now owning all 43 hotels in France, Belgium, and Germany and transferring 16 hotels to AccorInvest within the same regions. Before the transaction, mid-2024, Covivio Hotels owned the walls of 54 hotels under variable lease agreements with AccorInvest. Additionally, Covivio Hotels was indirectly an asset manager for 60 other hotels through 2 joint ventures, established between 2010 and 2014, one 80% owned by Crédit Agricole Assurances and 20% by Covivio Hotels, and the other by Caisse des Dépôts et Consignations, Société Générale Assurances, and Covivio Hotels.

🏨 IHG will open its first hotel in Sarawak, the voco Kuching, in 2026 after a 16-year hiatus from Kuching. The 12-story mixed-use project is a collaboration with Malaysian developer Elica Equity Sdn Bhd. The rebranded Century Hotel will join IHG's fastest-growing premium brand, voco hotels, which has 80 hotels in the pipeline and 77 properties already open. Patrick Finn, IHG's VP of Development for Southeast Asia and Korea, highlights the significant impact this will have on Kuching and Sarawak's economies.

🏖 Sandaya to continue growth in 2024 with two new sites: Le P’tit Bois in Brittany and Le Domaine La Franqui. The group now boasts 64 sites across France, Spain, Belgium, and Italy, thanks to the recent acquisition of four sites in Venice and Tuscany. Camping Le P’tit Bois, a 5-star site in Brittany, occupies 7 hectares with 198 accommodations, 37 pitches, and is set for a €770,000 investment, including 22 new mobile homes, reopening under Sandaya on April 4, 2025. Le Domaine La Franqui, located on the La Franqui peninsula, offers direct access to a top kitesurfing beach and reopens April 4, 2025. Sandaya was founded in 2010 by François Georges and Xavier Guilbert.

🏨 In Madrid, Radisson Hotel Group announced the opening of their first Radisson Collection hotel set for 2027, located on the prestigious Alcalá Avenue in the Canalejas district. The luxury hotel will be housed in the iconic, historically classified Generali building. Federico J. González, Executive Vice President of Radisson Hotel Group, highlighted this project as a catalyst for growth in Spain, where they have 8 hotels operating and more announcements to come. The partnership with Generali signifies a strengthened cooperation following successful collaborations in Rome and Venice.

🏦 Hilton's luxury brand, Waldorf Astoria, is set to open its first hotel in Morocco with the upcoming Waldorf Astoria Rabat-Salé in 2025, occupying the top 18 floors of the 250-meter high Tour Mohammed VI, Morocco's tallest structure. Located in Rabat, the hotel will offer a panoramic view over Rabat, Salé, and the Atlantic Ocean, featuring 55 rooms, including 44 suites, a wellness center, ballroom, business lounge, and four restaurants. This aligns with Morocco’s tourism goals aiming to attract millions of visitors by 2030.