Latest news: Hyatt Studio China deal; Davidson goes to Europe; Ohana sells in Texas

Hyatt Studios China deal. Hyatt Hotels Corp. and Homeinns Hotel Group (Homeinns) have entered into a strategic master franchise agreement to introduce upper-midscale, extended-stay brand Hyatt Studios in first- and second-tier cities in China. Under the master franchise agreement, Homeinns plans to open 50 Hyatt Studios branded hotels in the next several years and develop a robust pipeline to drive future growth across China.

Davidson goes to Europe. Davidson Hospitality Group has expended its management portfolio in Europe with the addition of the 93-room Ragdale Hotel Spa acres in the Leicestershire countryside in the United Kingdom. Davidson currently deploys a small team in Europe and similar to its opportunistic model in the U.S., the company said it is taking a thoughtful approach to growth abroad. Expansion in the region will be focused on upper-upscale and luxury hotels.

Ohana sells in Texas. Ohana Real Estate Investors sold the Hyatt Regency Lost Pines Resort and Spa, a 490-key resort in Cedar Creek, Texas. The property has been acquired by a private family office following upgrades and operational enhancements implemented during Ohana’s four years of ownership. No further deal details are immediately available. A pivotal component of the capital improvement plan was the addition of the Event Barn, a 9,600-square-foot meeting and event space completed in 2025. This new venue considerably expanded the resort’s meeting and event capacity, catering to the growing demand for unique, large-scale functions and further diversifying the property’s revenue streams.

T+L earnings. Travel + Leisure Co. reported 3Q25 earnings highlighted by a 4% Adj. EBITDA beat versus consensus and guide (+$11 million) primarily from “Other” revenues and better than expected Cost of Vacation Ownership Interests. T+L reported net income of $111 million, $1.67 diluted earnings per share, on net revenue of $1.04 billion. Adjusted EBITDA was $266 million and Adjusted diluted earnings per share of $1.80. Vacation ownership revenue of $876 million was up 6% year-over-year. Volume per guest of $3,304 was a 10% increase year-over-year.

Meliá partners in DR. Meliá Hotels International, in partnership with Grupo Puntacana, have announced the joint development of the 400-room Meliá Bergantín Beach in Puerto Plata on the northern coast of the Dominican Republic. Punta Bergantín is a government-backed trust, driven by Grupo Reservas and the Ministry of Tourism, created to develop a tourism complex in Puerto Plata. The initiative spans over 10 million square meters of stunning natural surroundings, which will be preserved through a low-density urban development model.

Jacobs joins Baccarat board. The Board of Directors of Starwood Hotel Group’s Baccarat luxury hotel brand has appointed Neil Jacobs as Censor of its Board of Directors. Following the 2015 inauguration of the first Baccarat Hotel & Residences in New York, new locations are planned in Rome, Florence, Dubai, the Maldives, Miami, and Macao over the next three years.

Ivy adds Illinois. Indianapolis, Indiana-based Ivy Hospitality has been awarded the management contract for the 117-room Hilton Garden Inn Springfield, Illinois. This marks Ivy Hospitality's expansion into its third state, furthering its Midwest growth strategy.

New Kew Green CEO. U.K.-based Kew Green Hotels has appointed David Taylor as the new Chief Executive Officer of Kew Green Group, effective October 13. Taylor will oversee a portfolio of more than 50 hotels across the U.K., spanning key brands including Holiday Inn, Crowne Plaza, voco, Courtyard by Marriott and independent properties.

Investment in Lanserhof Group. King Street Management, a global alternative investment firm with over $29 billion in AUM, and private markets specialist, AltamarCAM Partners, announced a €95 million strategic investment in Lanserhof Group, a European operator of vitality, beauty, and longevity luxury health resorts. Joining the investment consortium is active investor Manuel Puig. Lanserhof’s existing shareholders will continue owning a majority stake in the group. Expansion plans include several openings planned through 2030 and the global launch of a premium supplement and cosmetics product line. Lanserhof fully owns and operates three renowned luxury health resorts in Lans, Austria, and Tegernsee and Sylt, Germany, with an additional location near Marbella, Spain, under development.

Lanson Place joing GHA. Hong Kong-based brand Lanson Place has joined Global Hotel Alliance, an  alliance of independent hotel brands. The brand has properties in Hong Kong, Singapore, Kuala Lumpur, Manila, and Melbourne.