Breaking news about deals, development, data and more.
Nashville Edition financing. Madison Realty Capital and KSL Capital Partners has provided
$371.5 million in financing for Tidal Real Estate Partners to facilitate the
development of The Nashville EDITION Hotel & Residences planned for Nashville’s
Gulch neighborhood. Walker & Dunlop arranged the deal. Upon completion, The
Nashville EDITION will be a 28-story hotel and residential tower featuring 261
hotel rooms and 84 residences. The property will include chef-led restaurant
and bar concepts, multiple floors of curated amenity programming, and fully separate
hotel and residential lobbies and gyms.
Ritz-Carlton residences for Ft. Lauderdale. MICL and Admire Capital have announced the development of
The Ritz-Carlton Residences, Fort Lauderdale Beach, a dual-tower development comprising
just 83 private homes between the Atlantic Ocean and Intracoastal Waterway. Sales
and marketing are exclusively represented by Douglas Elliman Development
Marketing with residences starting from $2.5 million. The project will offer
two to three-bedroom homes with dens, ranging from approximately 1,550 to 3,480
square feet, including six penthouses with ceiling heights up to 11 feet.
2025 Cali hotel sales. California ended 2025 with 259 hotel sales totaling $4.095
billion, but the year’s totals still mask a market that remains constrained,
according to Atlas Hospitality Group’s 2025 year-end California hotel sales
survey. The middle of the market softened, with median pricing sliding to
roughly $138,000 per room and published-price deals averaging about $184,000
per room, reinforcing that buyers continued to demand basis and underwriting
discipline. The number of individual hotel sales increased 4%. Dollar volume
increased 22%. Median price per room declined 7%. Orange County saw the largest
decline in median price per room, down 56%. Alameda County saw the highest
increase in median price per room, up 125%, and the highest increase in dollar
volume, up 340%. San Francisco County had the highest dollar volume at just
under $1 billion. Unless debt conditions ease and cash-flow visibility
improves, 2026 is likely to remain a selective, price-sensitive market with
liquidity concentrated in well-positioned opportunities rather than broad-based
recovery, according to Atlas President Alan Reay.
Europe pipeline update. At the end of Q4 2025, Europe’s construction pipeline stood
at 1,717 projects/252,600 rooms. There were 754 projects/115,289 rooms under
construction, 375 projects/54,097 rooms scheduled to start construction anytime
within the next 12 months, and 588 projects/83,214 rooms in the early planning
stage. Notably, projects in the early planning stage reached record-high
project and room counts and grew 15% by projects and 16% by rooms
year-over-year (YOY). Combined hotel renovations and brand conversions in
Europe at the end of Q4 2025 totaled 700 projects/90,066 rooms. Upscale and
upper midscale projects continue to top the hotel construction pipeline. The U.K.
leads the region with 274 projects/39,515 rooms. Germany follows with 147
projects/25,616 rooms. LE analysts forecast continued growth in new hotel
openings in 2026 with 315 new hotels/44,666 rooms expected to open, and 320 new
hotels/44,625 rooms slated to open in 2027.
Garner grows in India. IHG Hotels & Resorts has signed a franchise deal for Garner
Bhiwadi in India. Scheduled to open in 2027, the 45-key hotel will be developed
by Modest Structures Pvt. Ltd. and will be managed by United Hospitality
Management. It marks the fourth signing for Garner in India. IHG currently has 51 hotels operating across six brands
in India and a pipeline of 80 hotels due to open in the next three to five
years.
Nick to Muscat. Nickelodeon Hotel & Resorts will be part of Dubai-based
Dar Global’s Aida project in Muscat, Oman. Construction on Aida, a mixed-use
development incorporating hotels, residences and golf across approximately 865
acres, began in late 2023. The hotel will feature 120 accommodations,
ranging from one-bedroom units to three-bedroom residences. The first phase of
Aida is scheduled to be complete by next year. The Oman hotel will join
existing Nickelodeon resorts in the Dominican Republic, Mexico's Riviera Maya
and Turkey. A fourth Nickelodeon-branded resort opens later this year in
Orlando.
Inspiration redesigned. It’s Personal Stories, the hospitality leadership podcast
founded by industry veterans David Kong, Rachel Humphrey, and Lan Elliott
launched its newly redesigned website, making available a collection nearly 300
leadership wisdom interviews. These conversations capture something rarely
documented at scale: the personal journeys behind accomplished leaders - their
defining moments, challenges, values, and lessons learned. The site also features
a collection of original articles inspired by these conversations. Topics
include imposter syndrome, overcoming adversity, work-life harmony, leadership
habits and traits, influence, and self-care.