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Peachtree
acquires $330M in loans. Atlanta-based Peachtree Group said it has secured over $330 million in
loans year-to-date from U.S. banking institutions and private lenders,
including a lender finance transaction secured by loan portfolios. The company
said the activity shows an increasing opportunity as banks reduce exposure to
certain commercial and private lending relationships, creating openings for
well-capitalized platforms to provide liquidity. Peachtree said the
acquisitions represent an emerging opportunity to access real estate-backed
credit, both through direct originations and by stepping into financing
relationships previously held by banks. This builds on Peachtree’s 2025
activity, when the company acquired approximately $570 million in loans.
Marriott
adds first Autograph in India. Marriott International has launched its first Autograph
Collection property in India with the opening of NoorMahal, Delhi NCR Karnal,
Autograph Collection Hotels. Located along the historic Grand Trunk Road, the
176-key property becomes Marriott’s 19th brand in India and the 235th Marriott
hotel in South Asia.
Primestar
adds June Lux brand. Germany-based Primestar Group has added a fourth brand to its portfolio with
June Lux. The new brand is an extension of the June Hotels portfolio, which the
company said blends the design and class of luxury hotels with June's
proprietary tech stacks to enable a fully digital customer journey – from
WhatsApp-based check-in to AI-powered digital concierge services. The June
Hotels portfolio also includes the boutique hotel brand June SiX, extended-stay
brand June Stay, and coworking brand WorX.
AvantStay
opens in Laguna Beach. Austin, Texas-based AvantStay is continuing to scale its hotel portfolio
with the opening of The Mara Laguna Beach in California, a newly managed and
reimagined boutique hideaway set just above the Pacific. The 66-key property is
opening on April 20 and is AvantStay's ninth takeover of a former
Sonder-operated property.
AHIP
settles with Aimbridge. Vancouver-based American Hotel Income Properties REIT LP has settled
with One Lodging Holdings LLC, a subsidiary of Plano, Texas-based Aimbridge
Hospitality, to resolve the previously disclosed dispute between the parties
and certain of their respective subsidiaries. The settlement provides for a
reduction in currently deferred termination fees, a reduction in future
termination fees and a waiver of all deferred management fees. Under the
settlement, AHIP will make a one-time payment of $2.3 million to One Lodging to
resolve a current liability of $6.2 million for deferred termination fees. The
agreement between AHIP and One Lodging and all individual hotel management
agreements between their respective subsidiaries that govern the management of
AHIP’s portfolio of properties are to be terminated on January 31, 2027,
subject to a three-month extension right, which may be exercised by AHIP in
advance. Until such date, AHIP’s properties will remain under management by One
Lodging and its subsidiaries pursuant to the individual hotel management
agreements under their respective current terms.
Minor
closes Anantara in Dubai. Minor Hotels has closed the Anantara World Islands Dubai Resort in the
UAE. The company said it acted in agreement with the property developer Seven
Tides and cited a combination of external factors as influencing the decision
to close the property, without identifying a singular cause. The closure joins
a recent trend of hotel shutdowns in Dubai for various reasons, with Burj Al
Arab announcing an 18-month closure for renovations and Park Hyatt Dubai set to
close in May for renovations.
Record
numbers from Ascott. Singapore-based The Ascott Limited said it had a landmark year of signings in
Southeast Asia in 2025, adding more than 7,300 units across the region. This
represents a 55% increase over the 4,700 units signed in 2024 and marks
Ascott’s strongest signing performance in Southeast Asia to date. The momentum
placed Ascott among the top three hospitality companies in Southeast Asia by
new signings in 2025, according to Horwath HTL. Ascott has a regional portfolio
of over 200 operational properties and a pipeline of about 150 properties
across Southeast Asia, spanning multiple typologies and markets.
Cheval Collection adds branded residence. U.K.-based Cheval Collection has moved into the
branded residences sector with the 99-key Cheval Residences Dubai Islands. The
beachfront property, Cheval’s third in Dubai and fifth in the Middle East,
marks a milestone in the company’s regional expansion plan, which includes
further growth in the UAE, Saudi Arabia and other Gulf markets. The project is
a three-way partnership between Cheval Collection, Dubai-based AVENEW
Development and Wadeen Developers and is scheduled to open in 2029. It
will be operated by Cheval Collection.