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- š LVMH Sells El Encanto Resort to Tinder Co-Founder for $82.2M
š LVMH Sells El Encanto Resort to Tinder Co-Founder for $82.2M
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šļø Wyndham Opens New FiveāStar Resort on Türkiyeās Mediterranean Coast
Wyndham has launched a fiveāstar resortāWyndham Alanyaāalong Türkiyeās Mediterranean shore, near Alanya city center. The 188āroom property features multiple pools, a full-service spa with hammam and Turkish bath, plus four restaurants, sports courts, and family amenities like kidsā play areas and shuttle services. Itās aimed at both relaxation seekers and adventure travelers. Read more.
ā Hotel Groups Applaud āOneāÆBigāÆBeautifulāÆBillā Act
Hotel associations in the U.S. have hailed the OneāÆBigāÆBeautifulāÆBill Act, signed July 4, 2025. The legislation includes tax breaks and airātraffic funding provisions seen as a major win for the hospitality sector. Industry leaders expect it to boost travel demand and reinforce sector stability. Read more.
š ļø HHM Hotels Restructures Leadership to Support Growth
HHM Hotels has announced a major leadership shake-up aimed at scaling operations across the U.S. and Canada. Several executives were promoted to EVP of Operations, including Cathy OāBrien, Hiram Negron, and Doug Wilkins, while Ray Perez remains in his current EVP role. The company also appointed Marsha Ray as EVP and Head of Canadian Operations, reinforcing its growth strategy in North America. COO Dani Elhachem emphasized the move reflects HHMās focus on performance and market expertise. Read more.
š LVMH Sells El Encanto Resort to Tinder Co-Founder for $82.2M
The El Encanto, a five-star resort in Santa Barbara, has been sold for $82.2 million to Tinder co-founder Justin Mateen, his brother Tyler, and Culver Capital. Known for its ocean views and history as a celebrity retreat, the 7-acre property was acquired from Belmond, the luxury hotel brand under LVMH. This marks the end of LVMH's hotel ownership in the U.S. Read more.
šļø Whitbread Begins Work on Landmark Premier Inn at 5 Strand, London
Whitbread has started construction enabling works for its flagship 693-room hub by Premier Inn near Trafalgar Square, set to become one of Londonās largest budget hotels. The Ā£200 million project will rise 13 storeys and span 16,000 sq meters on a key site near Charing Cross. The hotel is expected to open in autumn 2028, supporting Whitbreadās expansion in central London. Read more.
⨠Why Foreign Investment Is Flooding the German Hotel Market
International investors are increasingly targeting Germanyās hotel sector, drawn by value-add potential and stable recoveries post-COVID. Several German brandsālike Motel One, Ruby, 25hours, and Novumāhave been acquired or partnered with major global players such as PAI Partners, IHG, Accor, and Huazhu. Read more.
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