Latest news: Nobu to Barbuda; Ruby adds in Italy; trade in Tampa

Nobu adding in the Caribbean. Nobu Hospitality is partnering with James Packer and Daniel Shamoon to open the Nobu Beach Inn as part of The Beach Club, Barbuda, a resort and residential community on the Caribbean Island of Barbuda. Set across 400 acres and two miles of beachfront on the island's southwest coast, the Nobu Beach Inn will feature 17 individual villas and 25 beachfront residences. Construction is set to be completed in late 2026.

Ruby adds in Italy. Munich, Germany-based Ruby Group is partnering with Kervis SGR S.p.A. to grow its presence in Italy with a new 128-key Ruby Hotels project in Milan. Following successful openings in Florence and Rome, this will mark Ruby’s third location in Italy. As part of the IHG Hotels & Resorts portfolio, the hotel is projected to open in 2028.

Tampa hotel trades. Sarasota, Florida-based Floridays Development Co. has sold the 125-key Home2 Suites Tampa Brandon in Florida to Massachusetts-based AAM 15 Management LLC for an undisclosed amount. Berkadia assisted with the transaction, which closed on February 12. The hotel was built in 2018.

AJ Capital selling in UK. AJ Capital Partners is putting a 148-key Graduate by Hilton hotel in Cambridge, U.K., up for sale for over £60 million, according to multiple reports. CBRE is marketing the property and accepting offers between £60 and £65 million. The hotel had renovations in 2021.

Hotel opening at UVA. The 214-key Virginia Guesthouse Hotel & Conference Center will open in April in Charlottesville, Virginia, on the University of Virginia (UVA) campus. The new property, owned by the UVA Foundation, will feature three F&B outlets and more than 25,000 sq. ft. of meeting and event space.

Radisson adds in the UAE. Dubai-based BNW Developments is partnering with Radisson Hotel Group to introduce the first Radisson Blu Hotel and Radisson Blu Residences in RAK Central, marking the brand’s entry into Ras Al Khaimah in the UAE. The development will anchor RAK Central, a commercial and lifestyle hub in the city.