Latest news: Covivio acquires 4 in Milan; rebrand in Miami; Drury adds in Myrtle Beach

Covivio acquires 4 in Milan. Paris-based Covivio, through its subsidiary Covivio Hotels, is partnering with New York City-based Invest Hospitality to acquire a portfolio of four hotels in Milan, Italy, for €217 million ($256 million). Covivio said its share of the 900-key portfolio is €115 million. The deal is a sale-and-leaseback transaction, and Invest Hospitality will continue to operate the hotels, each with a 21-year lease.

Rebrand in Miami. The former Hotel AKA Brickell is now the 201-key Brickell Arch, A Luxury Collection Hotel, Miami, has rebranded and is now part of the Marriott Bonvoy portfolio. The hotel is managed by Norwalk, Connecticut-based HEI Hotels & Resorts.

New Drury in Myrtle Beach. St. Louis, Missouri-based Drury Hotels plans to build the 400-key Plaza Hotel in Myrtle Beach, South Carolina. The site for the new hotel includes the former Sea Dip Ocean Front Resort, which closed last year after 54 years in business. Drury Development Group bought the property last February for $9.5 million.

New dual-brand Wyndham in Phoenix. SkyPlus Hotel Corp. has started construction on a dual-branded 129-key Wingate and Hawthorn Suites by Wyndham hotel near the Phoenix-Mesa Gateway Airport. The project marks the first hospitality venture within SkyBridge Arizona, the 363-acre international trade and logistics site, and is scheduled to open in spring 2027.

PM adds in Tysons Corner. Chevy Chase, Maryland-based PM Hotel Group has added the 234-key Embassy Suites by Hilton Tysons Corner in Tysons, Virginia, to its management portfolio. The hotel sits between downtown Washington, D.C. and Washington Dulles International Airport.

First Hospitality adds in Wisconsin. First Hospitality has been selected by Hovde Properties and Mountain Shore Properties to manage the 81-key Historian Hotel in Madison, Wisconsin. The hotel is scheduled to open in the first quarter of 2027 and will be First Hospitality’s first in the Madison market and its 11th property in Wisconsin.

Outrigger unveils new collection. Honolulu-based Outrigger Resorts & Hotels has introduced its Premier Suite & Villas Collection, a global portfolio of beachfront villas and suites across Hawaii, Fiji, Thailand, Mauritius and the Maldives. The collection includes the Coral Reef Penthouse – Outrigger Reef Waikīkī Beach Resort (Oahu); the Grand Navigator Suite – Outrigger Reef Waikīkī Beach Resort (Oahu); the Royal Huakaʻi Suite – Outrigger Kona Resort & Spa (Hawaii Island):  the Premier Suites – Outrigger Honua Kai Resort & Spa (Maui); the Plantation Family Bure & New Pool Bures – Outrigger Fiji Beach Resort (Fiji); the Overwater Pool Villas – Outrigger Maldives Maafushivaru Resort (Maldives); and the Hill Top Pool Villas – Outrigger Phi Phi Island Resort (Thailand), which will debut in May.

IHG adds in Malaysia. IHG has signed its second Kimpton property in Malaysia, the 350-key beachfront Kimpton Kota Kinabalu on the Tanjung Aru shoreline. The project is being developed in partnership with Pekah Beach Resorts Sdn Bhd and is scheduled to open in 2031. Globally, the Kimpton brand continues to expand with more than 80 hotels open and more than 60 in the pipeline. In Southeast Asia, three Kimpton properties are already welcoming guests and six more are set to launch in the coming years.

Langham adds in China. Hong Kong-based Langham Hospitality Group has been selected by Jinan Licheng District Quanfuhe Investment Development Co. Ltd. to manage a 286-key luxury hotel to be built in Jinan, the capital of China’s Shandong Province. The Langham, Jinan will be located in the central business district of Century-Old Honglou, a neighborhood in Licheng District known for historical buildings dating back to the early 1900s. The hotel is scheduled to open in 2029.