2026/01/26 – 2026/02/08
Korea
- Koramco Acquires U5 Hotel in Euljiro and Plans Rebranding: Koramco Asset Management announced that it has acquired ownership of the U5 Hotel located in Euljiro, central Seoul, and plans to rebrand the property under Accor’s Mercure brand. The asset was acquired as part of a strategic investment decision, reflecting its strong downtown location and operational upside. While the transaction price and detailed timeline were not disclosed, the acquisition process is reported to be in its final stages.
- Yongsan Electron Land Site to Be Redeveloped into Large-Scale Mixed-Use Complex Including a Hotel: SYS Holdings announced plans to redevelop the Yongsan Electron Land site in Seoul into a large-scale mixed-use complex incorporating a hotel and officetel units. The project is being designed on a 7,800-square-meter site, comprising a 265-room hotel and 264 officetel units. The hotel is expected to be operated under Marriott’s Sheraton brand through a management agreement. The opening is scheduled for 2029, and the site is viewed as having strong potential for future asset value appreciation.
APAC
- Paradisus by Meliá Bali Opens as the Brand’s First Entry into Asia: Meliá Hotels International has officially opened the 492-room all-inclusive resort Paradisus by Meliá Bali in Nusa Dua, Indonesia. This marks the first entry of the Paradisus brand into the Asian market. The resort offers a full range of accommodations, dining, and leisure facilities, targeting resort-oriented family and leisure demand.
- Andaz Shanghai ITC Hotel Opens: Hyatt officially opened the 267-room Andaz Shanghai ITC on February 3 in the Xujiahui Heritage District of Shanghai. The hotel combines contemporary design with a historic setting and aims to attract both local and international visitors by leveraging nearby retail districts and cultural attractions.
Americas
- InterContinental Washington DC Refinanced: The 335-room InterContinental Washington DC – The Wharf, located in the Wharf district of Washington, D.C., has secured a USD 99 million refinancing through Morgan Stanley. The property is owned by CarrAmerica, and the financing was arranged to refinance existing debt.
- Fitch Ratings Affirms Credit Ratings of Five Travel and Lodging Companies: On February 4, 2026, Fitch Ratings announced that it has affirmed the existing credit ratings of Hyatt, Wyndham, Host, Ryman, and TRQ Sales. Despite ongoing market uncertainty, Fitch concluded that these companies are able to maintain credit stability without upgrades or downgrades.
Europe
- Hotel Investment in Greece Expands amid Rising Foreign Capital Inflows: Reports indicate that international capital inflows into the Greek hotel market are increasing, leading to more active development, acquisitions, and management agreements. Global investors are showing particular interest in coastal resort destinations and urban hotel assets, with some properties undergoing value-add investments and structural improvements.
- Whitbread Opens hub by Premier Inn in London Farringdon: UK-based Whitbread has officially opened a hub by Premier Inn hotel in the Farringdon area of London. The property comprises approximately 200 compact-style rooms and reflects Whitbread’s portfolio expansion strategy aimed at enhancing operational efficiency and cost competitiveness for micro-format hotels in prime urban locations.
