Rotana has signed a deal with Zawaya Properties Company to debut its branded residences segment in Saudi Arabia. Located in Makkah, the project will deliver 240 serviced hotel apartments within the SAR 26 billion Thakher development. The project targets growing demand from pilgrims and long-stay corporate travelers under the Saudi Vision 2030 tourism expansion strategy.
Hilton and Extell Development Company have officially signed an agreement to debut the Waldorf Astoria Deer Valley Resort and Residences in 2028. Located in the newly developed East Village in Park City, Utah, the project offers premier ski-in, ski-out access next to the resort's longest ski run. The development features 132 hotel rooms and 105 luxury branded residences designed by Kohn Pedersen Fox and AvroKO. Amenities will include a 15,000 square foot spa, a cantilevered pool and the iconic Peacock Alley lounge.
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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