Posts by author

Denis Stackeusky

357 posts

NexGen Hotels acquires Chicago’s Claridge House, will affiliate with Hilton Tapestry Collection

📍 NexGen Hotels acquired the 165-room Claridge House in Chicago's Gold Coast neighborhood. This summer, it will become part of Hilton's Tapestry Collection. The hotel, near major attractions like Wrigley Field and Navy Pier, offers amenities such as Wi-Fi, spa-style showers, and meeting space. It features a fitness center, spa, and two dining options: Cal’s at Claridge House and Sushi by Bou Gold Coast. NexGen owns 16 Midwest hotels.
View Post
Share

Wyndham to supersize Super 8 in Saudi Arabia

🏖️ Wyndham Hotels & Resorts has partnered with Le Park Concord to develop 100 Super 8 hotels across Saudi Arabia over 10 years, beginning in 2026. This initiative, aligned with Saudi Arabia’s Vision 2030, aims to address the rising demand for budget-friendly accommodations as the country welcomed 30 million international visitors in 2024, a 9.5% increase from 2023. Future hotels will be located along major highways and cities like Riyadh, Jeddah, and Makkah.
View Post
Share

Detroit Foundation Hotel unveils full renovation

🏨 Detroit Foundation Hotel, originally opened in 2017, completed a renovation in May, updating its 100 guestrooms and The Apparatus Room restaurant. Located in Detroit's former Fire Department HQ from 1929, the hotel features seven Commander Suites and a redesigned Borgman Room. Chef Rece Hogerheide leads a new seasonal menu. The hotel retained its third-floor podcast studio, ensuring its continued role as a cultural hub. Renovations enhance its connection to local design and history.
View Post
Share

Aman to open new Bahamian resort

🏠 Aman Group will launch Amancaya, a new resort and branded residences in Exuma, The Bahamas, marking its first location in the country and third in the Caribbean. Spanning two private cays, it includes a 36-pavilion hotel, Aman Residences, a marina, Beach Club, Aman Spa, and dining venues. Partnering with Dona Bertarelli and Squircle Capital, it aims for LEED certification with environmental goals aligned with the UN Sustainable Development Goals. The project is currently under construction.
View Post
Share

King Street injects €400M in Room00 to expand in Europe

🏨 King Street Capital Management plans an equity investment of up to €400 million in Room00 Group, a hospitality platform in Southern Europe. This funding will support expansion in Spain, Portugal, and Italy, targeting cities like Madrid, Lisbon, and Milan. Room00 manages over 2,500 rooms across 50 assets, aiming to expand to 200 assets and 15,000 rooms within four years. The company is also set to open its first London asset by the end of 2025.
View Post
Share

AC Hotel opens in historic Wichita building

🏨 AC Hotel Wichita Downtown opens on July 16, 2025, as Kansas' first AC Hotel. The 118-room hotel is in the historic Brown/Broadway Plaza Building, built in 1929 in Wichita. It features preserved Art Deco and Classical Revival architecture. Amenities include a 2,000-square-foot event space, 24-hour fitness center, and AC Lounge. Located near INTRUST Bank Arena, it caters to business and leisure travelers. General Manager Jeff Barnett highlights the hotel's blend of history and modern European sophistication.
View Post
Share

Marriott signs development agreement in Austria

📍 Marriott International partners with Verkehrsbuero Hospitality to open five hotels in Austria, adding 1,100+ rooms. Four hotels will convert to Four Points Flex by Sheraton, marking its Austrian debut, with openings expected by 2026. The historic Parkhotel Schönbrunn will join the Tribute Portfolio. This expansion aims to grow Marriott's midscale segment in Austria, where it currently operates 21 hotels across 14 brands, totaling nearly 4,000 rooms.
View Post
Share

Ritz-Carlton Key Biscayne sets out on $100M renovation

🏨 The Ritz-Carlton Key Biscayne, Miami is undergoing a $100 million renovation, set for completion in December. This first full-scale update since its 2001 opening affects its 420 rooms, public spaces, and amenities across the 13-story, 17-acre property. Enhancements include a new restaurant, refreshed existing venues, redesigned lobby and spa, and updates to pools and event spaces. Gencom, owning 23 assets with over 6,000 rooms, emphasizes the property's luxury standard.
View Post
Share

Caliber enters deal with Hyatt to develop 15 Hyatt Studio extended-stay hotels

🏨 Hyatt partners with Caliber for 15 new Hyatt Studios hotels in Arizona, Colorado, Nevada, Texas, and Louisiana, focusing on extended-stay offerings. Construction begins late 2025 in Georgetown, Texas, followed by Scottsdale, Arizona in Q2 2026. Hyatt Studios features 122-suite properties with kitchens, high-speed internet, EV charging, and pet-friendly services. More than 50 deals since 2023 will extend Hyatt into 20+ markets. Caliber estimates the projects to add $400 million in assets and enhance returns.
View Post
Share

Sonesta signs deal with Aken Hotels

🏨 Sonesta International Hotels Corporation's strategic alliance with AKEN Hotels & Resorts LLC will incorporate AKEN’s Latin American and Caribbean portfolio into Sonesta, aiming to finalize by mid-2023. This collaboration targets growth in these regions, enhances Sonesta’s loyalty program, and aligns with AKEN's focus on ecotourism and conscious luxury. The alliance promises to deliver authentic experiences, operational excellence, and opportunities for discovery and loyalty for both guests and teams.
View Post
Share