Ouvertures d’hôtels

🏨 Accor partnered with Jadran Hotels Rijeka to bring the first Handwritten Collection hotel to Croatia, the 135-year-old Hotel Continental Rijeka, set to open in 2026 with 75 rooms. Handwritten Collection currently has 17 hotels in 11 countries, aiming to expand to 250 properties by 2030. Jadran Hotels Rijeka manages historic hotels in the region, enhancing the destination's reputation.

🎉 From November 14-22, 2024, Beachcomber hotels host Rum Fest Beachcomber 2024, partnering with RumFest Ltd. across eight locations in Mauritius. Celebrating over 350 years of Mauritian rum history, dating back to around 1630, the event features local producer meet-and-greets, rum tastings, gourmet dinners, and rum purchases at Beachcomber shops. Mauritian rums are renowned for quality, earning international awards and recognitions.

🏦 Oberoi Hotels & Resorts to open their first London establishment in Mayfair, within the South Molton mixed-use complex developed by Grosvenor. Construction started in November 2023, targeting completion by end of 2027. Located at 40-46 Brook Street near Bond Street station, the project includes an hotel, offices, housing, cafes, shops, restaurants, community, and leisure spaces. Estimated economic impact: £6.5 million annual spending in South Molton; 1,000 permanent jobs post-completion; 450 construction phase jobs and apprenticeships. Grosvenor partners with Mitsui Fudosan UK for two office buildings on Brook Street and Davies Street.

🏖️ The Camargue area near Saintes-Maries-de-la-Mer, owned by Jean-Pierre Marois, offers a 5-star lodge amidst a preserved enclave away from bustling civilization. This region, stretching from Arles to Saintes-Maries-de-la-Mer parallel to the Mediterranean, is characterized by its saline air, rice fields, marshes, and pastures. Home to grey-white Camargue horses, flamingos with geometric patterns in the sky, and solitary grey herons, it sits at the edge of the Parc Naturel Régional de Camargue, highlighting the importance of preserving endemic wildlife and upholding local traditions.

🏨 Hyatt Hotels Corporation launched Hyatt Centric Malta in St. Julian’s, the brand’s first in Malta. The 170-room hotel represents the seventh Hyatt Centric establishment in Europe, joining over 80 Hyatt properties in the Mediterranean. Located 11 km from UNESCO-listed Valletta, its design reflects Maltese history and traditions. Features include a local gastronomy-inspired restaurant, JUMU, a rooftop pool, wellness center with an indoor pool, Finnish sauna, gym, and 168 m² of event space. Hyatt Centric Malta signifies Hyatt’s growth in Mediterranean Europe.

🏨 Oberoi Hotels & Resorts will establish its first boutique luxury hotel in London's Mayfair at 40-46 Brook Street. Grosvenor received building restoration permission in 2022 for the 10,000 sqm property, part of the largest mixed-use development in the West End, which includes new offices, homes, cafes, shops, restaurants, and community and leisure spaces. An 80,000 sqm joint venture between Grosvenor and Mitsui Fudosan UK is central to the project. Construction began in November 2023, with completion expected by late 2027. Rachel Dickie of Grosvenor and Arjun Oberoi of the Oberoi Group have expressed excitement about this significant step in international growth.

🏦 The Westin Paris Vendôme, owned by Sheikh Mohammed bin Rashid Al Maktoum's Dubai Holding since early 2023, will close on April 31, 2025, for renovations. Reopening is not expected before 2028. In 2021, a social plan led to 167 layoffs. The renovation costs for the 1878-built hotel are estimated at around €1 billion. Speculations suggest Jumeirah or Accor might become the future operators.

🏦 The SCPI Novaxia NEO, managed by Novaxia Investissement, acquired a 103-room hotel in Dresden, Germany, spanning over 5,700m². This purchase has a 7.61% yield rate with a long-term lease of over 15 years, signed with a leading hotel operator. Novaxia NEO, the first SCPI of the new generation, aims for a distribution rate (not guaranteed) of over 6% for the fifth consecutive year, positioning it among the top-performing SCPIs since its inception in 2019. The investment strategy combines performance with resilience for its investors.

🏨 Barceló Hotel Group expands in Germany with the upcoming opening of the Occidental Dresden Newa, a four-star hotel in Dresden's historic center. The Occidental Dresden Newa, formerly Pullman Dresden Newa, near the central station and city center, features 319 rooms to be fully renovated by 2025. This second Barceló property in Germany aligns with their Central European growth strategy. Dresden, known for baroque architecture and historic sites, attracts tourists to its Frauenkirche, Zwinger, and Semperoper. Barceló operates 11 hotels across 6 countries in the region. José Ramón Alvarez-Cervela Rodríguez, European Director of Barceló, emphasizes Europe's strategic importance for expansion due to its tourist potential.