The St. Regis Budapest has officially opened within the historic Klotild Palace. This marks the luxury brand's first entry into the Hungarian market. Located near the Danube, the hotel restores a Belle Époque landmark to offer high-end accommodation and signature butler services. The development features over 100 guestrooms and suites alongside exclusive dining venues, further strengthening the presence of the St. Regis brand in Europe.
IHG Hotels & Resorts has signed a major deal with Vinhomes Green Paradise to open four hotels in Ho Chi Minh City. This partnership introduces the Holiday Inn Express and Garner brands to Vietnam for the first time. With over 1,000 rooms planned, the project aims to turn the Can Gio coastal area into a global tourism hub capable of welcoming 40 million annual visitors.
CIM Group, Centennial Yards Company, and The Drew Company have partnered to bring a Virgin Hotel to the $5 billion Centennial Yards development in Atlanta. Scheduled for 2027, the 261-room hotel will feature the brand’s signature 'Chambers' and residential-style suites. The project forms a central part of a new 470,000 square foot Entertainment District designed to revitalise the city’s downtown core.
IHG Hotels & Resorts has signed long-term franchise agreements to add 11 hotels across Germany, Belgium and France. The deal will bring more than 1,800 rooms to the group’s Holiday Inn, voco and Garner brands. These properties, currently operating under the PentaHotels name, are expected to join the IHG system by the first half of 2027 following their conversion.
The Halan AZ Real Estate Investment Fund has fully closed its first hospitality tranche, marking a successful entry into Egypt’s income-generating asset market. Partnering with Brassbell Hospitality Group, the fund is converting heritage buildings in Cairo into institutional-grade assets. With plans to develop 700 keys in 2026, the project aligns with national goals to expand tourism capacity following record-breaking sector revenues in 2025.
Minor Hotels is set to debut its premium Colbert Collection brand in the UK with the opening of The WestDill Mayfair Hotel London in late 2026. Located in a historic Grade II listed former bank on Piccadilly, the five-star boutique property will feature 50 luxury rooms. The project marks the first European venture for the Royal Group of Companies Singapore and aims to blend heritage architecture with high-end hospitality.
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