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Denis Stackeusky

356 posts
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  • 2 min

Corinthia expands in the U.S. with Beverly Hills boutique hotels acquisition

  • Denis Stackeusky
  • 18 March 2025
🏦 Corinthia Group acquired Maison 140 Beverly Hills and the Mosaic Hotel, with a combined total of 100 rooms, in Beverly Hills, California. The transaction was conducted through a joint venture with Kuwait's Action Real Estate Company. The acquisition aims to enhance Corinthia's global market presence. The hotels will be managed by Palisociety and overseen by Corinthia's development arm for potential enhancements. This expansion into Beverly Hills follows Corinthia's partnership with Action Real Estate and its North American debut with The Surrey in New York.
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Wyndham Rewards launches debit card for U.S. travelers

  • Denis Stackeusky
  • 17 March 2025
💰 Wyndham Rewards, in collaboration with Galileo Financial Technologies, launched a debit card for earning points on purchases redeemable at over 60,000 hotels, resorts, and rentals. The card caters to travelers, especially Gen Z, who prefer debit and includes benefits like Wyndham Rewards Gold membership. Nearly 70% of Gen Z use debit weekly, 65% plan to spend more on travel, and almost 60% value loyalty programs. The card is issued by Sunrise Banks N.A. and operates on the Mastercard network.
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Saudi Arabia to add 362,000 hotel rooms by 2030

  • Denis Stackeusky
  • 17 March 2025
🏨 Saudi Arabia plans to add 362,000 hotel rooms by 2030 with a $110 billion investment aligning with its 'Vision 2030'. Tourism's 2023 GDP contribution was SAR 444.3 billion (11.5% of the economy). International arrivals hit 30 million in 2024, targeting 70 million by 2030. Upcoming events include the 2029 Asian Winter Games, World Expo 2030, and FIFA World Cup 2034. Hotel revenue reached $5.6 billion (Jan-Oct 2024), a 3.5% annual increase. Riyadh and Medina hotel markets showed significant occupancy and rate growth.
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Robert De Niro opening his own Nobu hotel in Barbuda

  • Denis Stackeusky
  • 14 March 2025
🏡 Robert De Niro, actor and hotel investor, plans to open Nobu Beach Inn in early 2026 on Barbuda’s southwest coast. The property, which De Niro will own with partners Daniel Shamoon and James Packer, spans 400 acres with over two miles of beachfront. Nobu Hospitality, co-founded by De Niro, has 19 hotels worldwide and 23 in development. The eco-friendly Barbuda project will consist of 17 bungalow cottages with 36 bedrooms, featuring multiple restaurants and real-estate opportunities. Pre-sales for 25 beachfront villa lots have begun, with more custom lots to follow.
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TPG adds Hilton Garden Inn Dallas Market Center

  • Denis Stackeusky
  • 13 March 2025
🏢 TPG Hotels & Resorts now manages Hilton Garden Inn Dallas Market Center, an eight-story hotel with 240 rooms, featuring a fitness center, outdoor pool, over 8,000 square feet of meeting space, including 10 rooms and a largest one at 2,100 square feet. Located near Dallas Market Center, Dallas Market Hall, downtown, American Airlines Center, and UT Southwestern Medical Center, the hotel caters to both business and leisure travelers. Amenities include on-site dining, a 24/7 Pavilion Pantry, a business center, and guest laundry facilities. The largest meeting room hosts up to 200 guests.
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Pendry Hotels & Resorts is coming to Nashville

  • Denis Stackeusky
  • 13 March 2025
🎶 Pendry Nashville, set to open in 2027, will feature 180 guestrooms, 146 residences, and amenities like a rooftop pool and event space totaling 10,000 square feet. Developed by Pendry Hotels & Resorts, SomeraRoad, and Trestle Studios, this luxury hotel and residence will be situated in Paseo South Gulch district. Residence sales begin this year, with options ranging up to 3,800 square feet. The project reflects Nashville's cultural dynamism and will offer tailored programming and services.
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Rains to manage Hilton Garden Inn Greenville

  • Denis Stackeusky
  • 13 March 2025
🏨 Raines is managing the Hilton Garden Inn Greenville University Area, fourth collaboration with Clarendon Properties. Owned by Greenville Ventures, LLC alongside Co-X Holdings and Sandlin Investments, this property is the first hotel in downtown Greenville. Situated at 423 Evans Street, it's near East Carolina University and other landmarks with Pitt-Greenville Airport three miles away. The 101-room hotel boasts a fitness center, meeting rooms, pet-friendly accommodations, and the area's first rooftop bar, 1717 The Rooftop. Raines expanded its portfolio by over 20 properties in 2024 and aims to grow further in 2025.
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TV personality Lisa Vanderpump is getting her own Las Vegas hotel

  • Denis Stackeusky
  • 12 March 2025
🏨 TV personality Lisa Vanderpump, known for "The Real Housewives of Beverly Hills," partners with Caesars Entertainment to rebrand The Cromwell on the Las Vegas Strip into The Vanderpump Hotel, starting in summer 2025, completion expected early 2026. Vanderpump Alain design company to oversee 188-room redesign including furnishings, lighting, layout, lobby, front desk, casino floor, and a new lounge. The Cromwell to remain open during renovations, maintaining operations while transitioning.
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Valor Hospitality bolsters UK portfolio with Dunluce Lodge and Seaton House

  • Denis Stackeusky
  • 11 March 2025
🏌 Valor Hospitality Partners expanded its portfolio with Dunluce Lodge in Northern Ireland and Seaton House in Scotland, partnering with U.S.-based Links Collection. Seaton House features 42 rooms, including six suites and three junior suites near the Old Course at St Andrews. Dunluce Lodge offers 35 suites, with eight in The Stookan, and is located by Royal Portrush Golf Club's 4th hole. Both are situated in prime golfing locations and provide guests with dining options, a putting green, and access to major golf events. Valor now manages over 90 properties.
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Dusit Collection to manage new luxury property in Indonesia

  • Denis Stackeusky
  • 11 March 2025
🏖️ Dusit International partners with PT Komodo Property Management to manage Kaliwatu Residences – Dusit Collection, the brand's first in Indonesia. Situated in Labuan Bajo, Flores Island, the resort features 63 private villas with plunge pools, 194 apartments, and a clubhouse. Full completion is expected by Q2 2028. Labuan Bajo, with a 1.5 million annual tourist target, offers improved accessibility via new flights and an upgraded airport. The property aims to blend luxury with nature, capitalizing on nearby attractions like Komodo National Park.
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