Ouvertures d’hôtels

🏦 St. Regis Hotels & Resorts announced the opening of St. Regis on the Bund in Shanghai, marking the 60th global establishment for the brand and its second in Shanghai. Owned by Pacific Eagle Real Estate, the hotel features 192 luxuriously appointed rooms including 13 suites ranging from 118 to 288 square meters with residential-style lodging and stunning views of the Huangpu River and the Bund area. Jenni Benzaquen, Senior Vice President and Global Brand Leader for Ritz-Carlton, St. Regis, and Bvlgari Hotels & Resorts, highlights the milestone as an expansion of unmatched experiences and bespoke service.

🏕 Vacances Bleues acquires Club Arc-en-Ciel at Les Karellis, becoming the group's 26th property, and emphasizes affordable family vacations. Opening December 21, 2024, the all-inclusive resort, founded on social tourism in 1975, offers ski-in/ski-out access in the Maurienne Valley. The cooperative station reinvests profits for sustainable development and accessible holidays.

🏠 Six Senses signs management agreements with Gruppo Statuto for Six Senses Milan and Six Senses Lake Como, joining Six Senses Rome opening in 2023 at the restored Palazzo Salviati Cesi Mellini and the upcoming Six Senses Antognolla in Umbria. IHG Hotels & Resorts' luxury portfolio in Europe nears 100 properties including eight Six Senses in Italy, Switzerland, France, Israel, Portugal, Spain, and Turkey. Six Senses Milan will be located at 19 Via Brera, in Milan's artistic Brera district, while Six Senses Lake Como continues a legacy dating back to 1820 in Cadenabbia di Griante on Lake Como's shores.

🏡 IHG Hotels & Resorts expands Garner brand in Europe with four new signings, targeting the mid-scale conversion segment launched in August 2023. Garner's growth includes 76 properties by H1 2024, with 58 in IHG's European market. The brand offers quality experiences at competitive prices. IHG reported a record number of conversions in H1 2024, comprising 41% of openings and 55% of new signings, reflecting increasing demand for IHG's revenue-generating platforms and loyalty programs.

🏖️ Four Seasons Hotel Group collaborates with AGC Equity Partners to launch a luxury resort in Mykonos, Greece, aiming for a summer 2025 opening. The Four Seasons Resort Mykonos will feature 94 spacious rooms, villas, and suites, spread over 6+ hectares of pristine coastal land in Kalo Livadi Bay. This expansion marks a significant growth in the company's Greek portfolio, following successful ventures like the award-winning Athens property.

🏠 "SARL Société Hôtelière Karukéra and SARL Casbat won the acquisition of Hôtel La Batelière for €5 million at the Tribunal de Commerce. The hotel, owned by Groupe Montplaisir since 2008, faced activity continuation and the potential loss of 55 jobs. Financing includes €5 million in equity and a €32 million banking intention. The demolition and reconstruction into a new hotel complex must happen within 36-60 months, while Cogit acquires adjacent tennis court land. A social plan will address the 55 job losses.

🏨 IHG Hotels & Resorts expanded Garner brands in Europe with 58 hotels signed since its launch in August 2023. Germany witnesses a strategic partnership with NOVUM Hospitality in April 2024, planning over 50 hotel conversions in cities like Hamburg, Mannheim, and Berlin. The rapid expansion of Garner in Europe illustrates its appeal in the mid-range hotel conversion segment, with a total of 76 global signings in six months.

🏠 Six Senses signs hotel management agreements with Gruppo Statuto for Six Senses Milan located at 19 Via Brera in the artistic Brera district and Six Senses Lake Como, following the 2023 inauguration of Six Senses Rome in the restored Palazzo Salviati Cesi Mellini. Six Senses Lake Como continues the legacy of the region's first hotel opened in 1820 at Cadenabbia di Griante. Neil Jacobs, CEO of Six Senses, emphasizes Italy's unique blend of art, architecture, gastronomy, and "joie de vivre," with Six Senses Milan designed for attentive hospitality and holistic well-being, while Six Senses Lake Como offers serenity in lakeside gardens, just 90 minutes away.

🏡 Radisson Hotel Group expands in Italy with five new hotel signings last year and seven openings planned by 2025, adding over 1,000 rooms. Italian portfolio grew from three to 20 properties in six years, targeting 30 hotels by 2027. Notable openings include Radisson Blu Hotel, Bergamo; Radisson Hotel Pisa; Radisson Collection Hotel, San Gottardo Como; Radisson Blu Hotel, Florence; and art’otel Rome Piazza Sallustio. Elie Younes, EVP and Chief Development Officer, highlights commitment to growth and opportunities in Italy. Radisson Collection Hotel, San Gottardo Como, a 5-star property, set to open in September 2025 near the famous Lake Como.

🏨 Service Properties Trust (SVC) plans to sell 114 Sonesta-managed hotels with 14,925 keys, valued at a net book value of $850 million, by 2025. The sale will potentially save SVC approximately $725 million in capital expenditures over six years. Currently, SVC owns 187 Sonesta-managed hotels; post-sale, Sonesta will manage 39 full-service, 14 extended-stay, and 6 select-service hotels still owned by SVC, which retains a 34% stake in Sonesta. The sale aims to improve SVC's liquidity by preserving around $127 million annually.