👩‍👶‍👦 French Officials Push to Ban Child-Free Hotels

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✨ Hotel Elysee to Undergo $25M Luxury Repositioning

Hotel Elysee in Midtown Manhattan will be transformed into a five-star lifestyle boutique property following a $25 million acquisition and redevelopment financing package arranged by Colliers. Owned by Hera Hospitality, the nearly century-old hotel will see its suites expanded and new ones added as part of a major renovation. Read more.

👩‍👶‍👦 French Officials Push to Ban Child-Free Hotels

French government officials are seeking to ban adult-only resorts and hotels, arguing they discriminate against children and exclude parents. Minister Delegate for Children and Families Sarah El Haïry said the practice undermines French cultural values and risks dividing society. A bill introduced in May proposes restrictions, as the trend—popular in Anglo-Saxon markets—gains ground in France. Read more.

💸 Access Point Financial Backs Refinancing for 15-Hotel Portfolio

Access Point Financial acquired $98 million of the most subordinate (first-loss) bonds in a $653 million refinancing deal for a portfolio of 15 Atrium-operated hotels. The portfolio includes Embassy Suites, Sheraton, Renaissance, and Courtyard properties across 12 U.S. states. Atrium plans to invest approximately $68 million in property renovations. Read more.

🌟 Revetas Capital Takes Over Management of $4B U.S. Hotel Portfolio

Revetas Capital has secured a management contract for a $4 billion U.S. hotel portfolio owned by German pension funds and other institutional investors. The move strengthens its operational presence in American hospitality investment, though specific property details remain undisclosed. Read more.

💲 Las Vegas Hotels Avoid Price-Fixing Penalties in Appeal

A federal appeals court dismissed a class-action lawsuit against Caesars, Wynn, and Treasure Island, clearing them of collusion claims involving shared revenue-management software that allegedly inflated room rates. The decision protects Las Vegas resorts amid growing concern over slowing tourism, with occupancy and rates down year-over-year. Read more.

🚀 J.Lo Concert in Almaty Spurs $21M Economic Boom

Jennifer Lopez’s first concert in Almaty drew 27,000 attendees—7,000 from abroad—and generated an estimated 10 billion tenge (~$21 million) in economic activity. International guests spent an average of $440 per day over 3.5 days, providing a major boost to local hotels, restaurants, and tourism services. Read more.

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