Latest news: Dean Group to Florida; AJ buys in N. Ireland; A-1 partners with Delta Inn

Dean Hotel is coming to Miami Beach. An investment vehicle managed by London-based Lifestyle Hospitality Capital (LHC) Group and backed by funds advised by New York City-based Elliott Investment Management L.P., has acquired The Gates Hotel South Beach in Miami. The 235-key hotel will be renovated and rebranded as The Dean Hotel – Miami Beach. This will be the U.S. flagship hotel of the Dean Group, which operates other lifestyle hotels such as The Clarence, The Mayson and The Leinster in Europe.

AJ Capital Partners acquires. Nashville-based Adventurous Journeys (AJ) Capital Partners has acquired the 69-room Atlantic Hotel in Portrush, Northern Ireland, from brothers Larry and Brendan Duddy Junior for an undisclosed amount. This is the third hotel in the region for AJ Capital, which operates hotels under its Marine & Lawn portfolio. The Atlantic Hotel, which has been closed since May, will undergo renovations to become part of the brand. The Marine & Lawn portfolio now comprises six properties across Northern Ireland, England and Scotland.

A-1 adds 3 with Delta Inn partnership. Kennewick, Washington-based A-1 Hospitality Group has formed a strategic partnership with Delta Inn Hotel Group, a family-owned portfolio of hotels led by CEO Scott Kim. It will bring Delta Inn’s leadership team and three Portland, Oregon, airport hotels into A-1’s portfolio. The three properties are the 150-key Courtyard by Marriott Portland Airport, the 121-key Hilton Garden Inn Portland Airport and the 104-key Fairfield Inn & Suites by Marriott Portland Airport. With these additions, A-1 will have 20 hotels across five states.

PIF forms hotel management company. Riyadh, Saudia Arabia-based Public Investment Fund of Saudi Arabia (PIF) has launched a new hotel management company called Adeera. The company “aims to build new world-class Saudi hotel brands and enhance the capacity of the local sector by launching training and skills development programs, in cooperation with international hospitality specialists.” The launch of Adeera follows a series of significant investments by PIF in both the tourism and real estate sectors, including investments in the hospitality company Boutique Group, the agri-tourism company Dan, and the tourism investment company Asfar.

Dream Hotel in Palm Springs breaks ground. The long-awaited Dream Hotel in Palm Springs, California, has broken ground. The luxury resort, which will have 155 hotel rooms and 89 condos and townhomes, is scheduled to open in 2027. The project has been in development since 2007.

Ascott adds in Tokyo. Tokyo-based Tokyo Tatemono Co. Ltd., Japan’s longest-standing general real estate company, and The Ascott Ltd. have announced a strategic partnership to launch SEN/KA TOKYO by The Crest Collection in Tokyo. The 92-key hotel is scheduled to open in the second half of 2029 and will mark the debut of Ascott’s luxury brand, The Crest Collection, in Japan and become the 13th property in the brand’s global portfolio. This is the first collaboration between Tokyo Tatemono and Ascott.

Meliá adds to luxury portfolio. Palma, Spain-based Meliá Hotels International said in 2025 it will open 15 luxury hotels across its brands. In 2025, Meliá will open the doors to ME by Meliá hotels in Malta, Lisbon, Malaga and Marbella. Zel, a lifestyle brand and joint venture with tennis legend Rafael Nadal, will launch the first lifestyle all-inclusive in the Caribbean. Meliá has more than 400 hotels open or in its pipeline in more than 40 countries.