Design Hotels has announced its largest portfolio expansion to date by adding 16 properties operated by US hospitality group Palisociety. The deal integrates over 1,000 keys across nine American destinations into its global network. The properties will gain access to Marriott International distribution channels and the Marriott Bonvoy travel loyalty platform.
Real estate services firm Cushman and Wakefield has completed the 12.25 million USD sale of Monon and Main in Carmel, Indiana. Trading at 354 USD per square foot, the 34,650-square-foot mixed-use property has set a new record for office sales in the state. The four-story boutique building was entirely leased at the time of the transaction.
Boutique property venture Art Deco Freak has launched a dual-market residential transformation model in Pittsburgh and Los Angeles. Founded by entrepreneur Lauren Papa, DC, the firm specialises in turning distressed architectural assets into high-end single-family homes. The strategy avoids standard renovation formulas, focusing instead on historical preservation, upcycled materials, sustainable infrastructure and asset-specific repositioning to deliver premium turnkey properties.
Marriott International has signed a landmark agreement with KS Hotels to introduce The Luxury Collection to Cambodia and Laos. The deal involves rebranding two storied properties, La Résidence Angkor and La Résidence Phou Vao, marking Marriott’s first hotel in Laos. Both heritage sites will undergo thoughtful upgrades before reopening in 2026 and 2027 to offer elevated luxury in these major UNESCO World Heritage destinations.
Chedi Hospitality, a global curator of design-led hotels, resorts, and branded residences, has appointed Stephan Schupbach as its new President & Group Chief Executive Officer. With over three decades of international experience in the luxury hospitality sector, Mr Schupbach will now lead the company’s long-term strategy, brand vision, and portfolio performance.
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