Hotels

Peachtree Group and Merritt Development Group have started building a 480-room dual-branded Hilton hotel in downtown Austin. The project combines Embassy Suites and Tempo brands and is scheduled to open in early 2029.

UAE hotels face weak performance in Q4 2026 as full recovery of travel volumes from Europe and the U.S. is pushed to Q2 2027. Key markets like Germany may not recover until Q4 2027.

Peachtree Group and Merritt Development Group started building a 480-room dual-branded hotel in downtown Austin in September 2026, slated to open in early 2029. The 30-story project is located at Fifth and Lavaca streets near key landmarks and is designed to serve a broad range of travelers.

Dolly Parton's SongTeller Hotel will open in Knoxville on September 29, 2026. This hotel adds a new lodging option for visitors arriving in Knoxville after that date.

Vrasio will launch a global hotel booking marketplace in Q4 2026, expanding inventory to approximately 2.5 million properties worldwide. The platform will integrate hotels and vacation rentals into one AI-driven marketplace.

Peachtree Group and Merritt Development Group have started building a 480-room dual-branded hotel combining Embassy Suites by Hilton and Tempo by Hilton in downtown Austin. The 30-story hotel is slated to open in early 2029, featuring upscale amenities and a strategic location near key landmarks.

UAE hotels expect a weak Q4 in 2026, with full recovery of travel volumes from Europe and the U.S. forecasted for Q2 2027. Business levels are projected to return to 2024-2025 figures by Q4 2027.

UAE hotels have reduced their outlook for the fourth quarter of 2026 due to slower-than-expected recovery. Full travel volume recovery from Europe and the U.S. is expected by mid-2027.

Naples Grande Beach Resort will join the Signia Hilton portfolio as the first Signia Hilton hotel on Florida's Gulf Coast with 474 rooms and 50 villas. The resort, undergoing its largest renovation in nearly 40 years, will open in January 2027, offering Hilton Honors members bonus points and enhanced experiences.

Westmont has agreed to acquire a bankrupt hotel owned by Evergrande in Canada. The deal, reported on September 10, 2026, involves Evergrande's North American hotel assets.