Hotel News

Hard Rock Hotel Malta opened on September 2, 2026, in St. George's Bay as a five-star property with 397 rooms and 11 swimming pools. The €350 million investment created hundreds of new jobs in Malta's tourism sector.

Thai developer Sansiri acquired a luxury hotel in Italy for €200 million on September 3, 2026. This purchase expands Sansiri's international hotel holdings.

Accor stock remained steady on September 3, 2026, amid increasing revenue and profit from rising hotel occupancy and room rates. The group's recovery surpasses pandemic-era lows and aligns with broader sector gains.

Hourly hotel room bookings in China rose 32% year-on-year since 2024, driven mainly by users born in the 1990s and 2000s. Cinemas, KTVs, and bath centers are attracting short-stay customers with cheaper, more flexible offerings.

Constellation Hotels appointed Neil Jacobs as CEO of its new luxury hospitality management business, which will operate its growing portfolio including London’s The Connaught, The Emory, and The Berkeley. The portfolio will expand with upcoming properties in Paris, Marrakech, and Hackwood Park while retaining individual hotel identities.

Thai developer Sansiri has bought an Italian hotel for €200 million. The deal shows Sansiri's push to expand its luxury hotel holdings internationally.

Accor stock traded steadily on September 3, 2026, amid rising revenue and profits aligned with global travel sector recovery. The company’s financial gains surpass pandemic lows, supported by higher occupancy and average room rates.

Royalton Hotels and Resorts will open Royalton Vessence Cancun on March 1, 2027, featuring 376 suites including swim-out accommodations and a rooftop pool. The resort is part of Marriott’s Autograph Collection and offers a flexible luxury experience with unique room options including Multi Bed suites with butler service.

Rixos plans to open its first all-inclusive resort in Thailand, Rixos Water World Phuket, in early 2028 with over 600 rooms and a waterpark. Managed by Ennismore and partnered with Central Group Capital, it aims to attract families and international travellers.

Royalton Vessence Cancun will open March 1, 2027, with 376 suites including swim-out and Multi Bed options. The resort features a rooftop oceanfront pool and participates in Marriott Bonvoy.