Latest news: Hilton to double Signia; Peachtree buys lender; Aman's Janu to UAE

Hilton to double Signia portfolio. Signia by Hilton, hotels in gateway cities and resort destinations, is set to double the portfolio by 2028. Following its international debut with the opening of Signia by Hilton Amman in Jordan earlier this year, the pipeline includes the 344-key Signia by Hilton Tainan in Taiwan, which is scheduled to open next July and will mark the brand’s first property in Asia Pacific. It has additional signings in Jaipur, India, and Cairo, Egypt. Domestically, expansion continues with new openings and signings in San Antonio, Texas; Hollywood, Florida; Indianapolis, Indiana; and Savannah, Georgia. Since 2021, Signia by Hilton has nearly tripled its room count.

Peachtree acquires small business lender. Atlanta-based Peachtree Group is acquiring Dallas-based First Western SBLC, Inc., doing business as PMC Commercial Trust (PMC), a nationwide direct lender specializing in Small Business Administration loans. Following the deal closing, Peachtree will offer small business owners access to SBA 7(a) loans, ranging from $50,000 to $5 million, to finance acquisitions of real estate or other businesses, purchase equipment, provide working capital and refinance existing debt. PMC, an indirect subsidiary of Creative Media & Community Trust Corp., is one of only 12 Small Business Lending Companies actively licensed by the SBA to originate 7(a) loans.

Aman takes Janu to Ras Al Khaimah. Aman Group is expanding its Janu brand with an announced deal in Ras Al Khaimah, UAE at Al Marjan Island. There is no date for the opening of the 132-key Janu Ras Al Marjan Island hotel, branded residences with one- to f9ve-bedroom properties and limited collection of stand-alone villas, all next to the Wynn Al Marjan Island and the marina. Additional Janu properties are under development in Dubai, Turks and Caicos and Saudi Arabia.

Accor debuts luxury brand. Accor is debuting Emblems Collection, a new global portfolio of luxury hotels, with the opening of its flagship property, the 42-key Lucknam Park Hotel & Spa, Emblems Collection, in the British Cotswolds. Accor also announced six additional openings over the next two years. Four properties are set to open in 2026: the Rimrock Banff, Emblems Collection, in the Canadian Rockies, following a complete renovation; Masseria Furnirussi, Emblems Collection in the Puglia region of Italy; the 38-key Palazzo Sozzini Malavolti, Emblems Collection, in Siena, Italy, will join the collection later in 2026; and the 51-key Relais San Clemente, Emblems Collection in Perugia, Italy.

Lodgco adds in NC. Grand Rapids, Michigan-based Lodgco Hospitality has assumed management of the 82-key Four Points by Sheraton Raleigh Arena, in Raleigh, North Carolina. The hotel, Lodgco’s first in North Carolina, is situated directly across from the Lenovo Center and just minutes from North Carolina State University.

Dalata acquisition complete. The takeover of the 55-hotel Dalata Hotel Group is complete following a £1.2 billion acquisition by Pandox, AB. The portfolio in central locations in U.K. and Ireland includes 30 owned hotels, 11 leased hotels and three managed hotels. Pandox now owns 193 hotels, of which 39 are in the U.K. and 24 are in Ireland. The company also revealed plans to add 31 more hotels with over 6,600 rooms in the U.K. and Ireland under the Maldron and Clayton brands. Scandic Hotels will now operate the hotels under long revenue-based lease agreements.

Four Seasons adds in KSA. Four Seasons is continuing its expansion in the Middle East with a pipeline of six hotels and three residential developments across Saudi Arabia. The developments include: Four Seasons Resort and Residences AMAALA at Triple Bay; Four Seasons Resort and Residences Red Sea at Shura Island; Four Seasons Hotel Madinah; Four Seasons Hotel and Residences Jeddah at the Corniche; Four Seasons Hotel Diriyah; and Four Seasons Resort NEOM at Sindalah.

Four Points opens 100th in China. Four Points by Sheraton is opening its 100th hotel in Greater China with the 214-key Four Points by Sheraton Xi’an Bell Tower. Four Points by Sheraton has over 365 hotels in over 45 countries and territories.

IHG adds in Pakistan. IHG Hotels & Resorts has signed a franchise agreement with Serene Tower (PVT) Ltd. to bring the Crowne Plaza brand to DHA Multan, Multan city, a key cultural and economic hub in Pakistan. The new 200-key Crowne Plaza Multan, slated to open in early 2028, will be the brand’s first hotel in the city. The Crowne Plaza Multan will join a global portfolio of more than 415 open hotels and nearly 150 in the pipeline.