Universal Music Group will open UMusic Hotel & Private Residences Austin featuring 150 hotel rooms, 600 residences, and a new amphitheater. Construction begins Q1 2027 with an opening projected for Q1 2029.
Host Hotels & Resorts stock remained steady recently, supported by the company’s focus on upscale and luxury properties in major US markets. The lodging REIT emphasizes disciplined capital deployment while navigating travel demand cycles and economic fluctuations.
MGallery Collection and Colossos SA are opening a 222-room adults-only hotel in Rhodes, Greece, scheduled for Spring 2027. The resort will offer panoramic Aegean Sea views, wellness facilities, and emphasize privacy.