Peachtree Hospitality Management will manage the SpringHill Suites Dallas Rockwall Latest HITs: Hyatt all-inclusive growth; Scotland's Crerar sold; Mondrian to TulumBy Jeffrey Weinstein | March 15, 2023Share Development, investment news in brief from around the world. Hyatt expands all-inclusive. Hyatt Hotels Corp. has announced a multi-property collaboration with Be Live Hotels that will include the growth of the Sunscape Resorts & Spas brand in the Caribbean. The deal is expected to expand Hyatt’s Inclusive Collection, which was introduced following Hyatt’s acquisition of Apple Leisure Group in 2020, by nearly 2,000 rooms. Two 4-star Be Live Hotels properties in the Dominican Republic, owned by Spanish hospitality company Globalia, will be renovated and transformed into Sunscape Resorts & Spas. The renovated hotels are expected to open in 2023, bolstering the family-friendly brand’s presence in the Caribbean.Sale in Scotland. Scotland’s Crerar Hotels has been sold for an undisclosed price to a joint venture between Blantyre Capital and operating partner Fairtree Hotel Investments. Led by owner Paddy Crerar, the group has operated seven, 4- and 5-star hotels. They will become a key part of the new owners’ plans to build a significant luxury UK hotel portfolio.Mondrian in Mexico. Ennismore has signed a deal with developer Inzigna Capital to operate the Mondrian Tulum Hotel & Residences in Mexico, which is scheduled to open in 2025. The hotel in the downtown area of the city will have 64 rooms and the residential project will comprise 151 units, including different configurations from 3-bedroom townhouses to a 4-bedroom Casa VIP. This is Ennismore’s second property in Tulum, joining the recent signing of JO&JOE Tulum.Peachtree grows management. Peachtree Hospitality Management has entered into agreements with full-service hospitality developer TEKMAK Development Co. to provide third-party management services for a portion of its hotel portfolio. PHM will assume operations of the SpringHill Suites Dallas Rockwall (shown above) on August 1, 2023, and is slated to manage two under-construction hotels, a dual-branded TownePlace Suites by Marriott and Fairfield by Marriott in Paris, Texas, and a TownePlace Suites by Marriott in Forney, Texas. Third-party management now accounts for nearly a third of Peachtree’s 92-hotel managed portfolio.New Mint House CEO. Residential hospitality brand Mint House, New York City, has appointed Christian Lee as chief executive officer. Lee was recruited by Mint House Founder and previous CEO Will Lucas to further scale and drive its next phase of growth. Lee's career spans 25 years of operations, finance, strategy, and corporate development roles. He previously served as CFO of Transfix, a transportation solutions provider. He also served as managing director of WeWork Asia, based in Shanghai. Mint House operates more than 25 properties across 16 markets, offering design-forward spaces that offer the amenities and conveniences of a home with hotel services.Moxy sold. DelMonte Hotel Group, a hotel management and development company headquartered in Rochester, New York, has acquired the Moxy Chattanooga Downtown.PMZ arranges Courtyard finances. Boutique real estate investment banking firm PMZ Realty Capital LLC has arranged acquisition financing for the 186-room Courtyard by Marriott Austin – University Area. The $20.75 million non-recourse acquisition loan with a flexible floating rate priced over SOFR was provided by a portfolio lender to cover 73% of the overall total project costs.Inspirato-Saks deal. Luxury travel subscription brand Inspirato has entered into a strategic marketing partnership with Saks Fifth Avenue. Starting in 2Q23, nearly 3,000 Saks stylists will be empowered as Inspirato brand ambassadors to introduce their clients to Inspirato’s offerings, both online and in Saks Fifth Avenue stores. Saks stylists will receive comprehensive training on Inspirato’s offerings and then introduce Inspirato and its benefits to their clients with support from Inspirato’s sales team and a variety of brand collaborations. As part of the agreement, all Inspirato members will be invited to apply for the SaksFirst Card so that they can participate in the SaksFirst Rewards Program.