The latest development, M&A news from around the world.
Rosewood grows residences. Rosewood Hotels & Resorts, in
partnership with Related Group and Dezer Development, are developing the Rosewood
Residences Hillsboro Beach, a boutique, 92-unit condominium with 11
private boat slips in south Florida. Sales will commence this month with the
project scheduled for completion in 2026. Arquitectonica will lead the architecture
and Dutch design firm Studio Piet Boon will oversee the interiors. Residences
will range in size from 2,800 to 6,400 square feet.
Mercure for Hungary. Accor is expanding in Hungary with a
new franchise agreement under the Mercure brand for the 83-room Hotel Magyar
Király in Székesfehérvár. The owner is Balance 99 Zrt.
Mantis heads to Zimbabwe. Accor has announced its first
hotel in Zimbabwe, in partnership with Mambano Hotels Limited. Mbano Manor
Hotel Victoria Falls by Mantis will be the first internationally branded
hotel in Victoria Falls in over a decade and will be rebranded under the Mantis
Collection in June 2023. The boutique hotel offers 18 luxury suites and a
presidential villa.