2026/02/02 – 2026/02/15
Korea
- Hotel Lotte Perpetual Bond Call Option Burden Increases: Hotel Lotte issued KRW 180 billion in perpetual bonds last year and, unlike the typical structure in which a call option is granted after five years, set an early redemption option exercisable after 1.5 years in June 2027. The company had initially planned to secure approximately KRW 1.6 trillion in proceeds from the sale of Lotte Rental, but the Fair Trade Commission blocked the transaction, causing setbacks in its liquidity plan.
APAC
- Fairmont Enters Vietnam: Accor announced the opening of the 241-key Fairmont Hanoi in Vietnam. Located in the heart of Hanoi’s Old Quarter, the hotel features 38 Fairmont Gold rooms, 12 suites, eight food and beverage outlets, wellness facilities, and large-scale banquet spaces. The property is expected to set a new benchmark for luxury hotels in Vietnam.
- Radisson RED Cebu Agreement: Radisson announced that it has signed an agreement to develop the Radisson RED Resort Cebu Mactan on Mactan Island in the Philippines. The 141-key resort is targeted to open in 2028 and is planned as a lifestyle resort featuring ocean-view rooms, an all-day dining restaurant, a lobby bar, a rooftop bar and pool, and meeting facilities.
Americas
- Four Seasons Resort Orlando Sale: The 444-key Four Seasons Resort Orlando at Walt Disney World Resort in Florida is being sold for $750 million. An affiliate of BDT & MSD Partners is acquiring the property from Host Hotels & Resorts. Increased spending by high-income households and strong performance in the luxury hotel segment are seen as supporting investor demand.
- Nashville EDITION Hotel & Residences Construction Financing: Tidal Real Estate Partners secured approximately $371.5 million in construction financing for the development of the Edition Hotel & Residences, comprising a 261-key hotel and 64 branded residences. The loan was provided by Madison Realty Capital and KSL Capital Partners, with Walker & Dunlop arranging the financing.
- Hillsboro Beach Resort $26 Million Default: The owner of the 81-key Hillsboro Beach Resort in Florida defaulted on a $2.6 million loan obtained from Emerald Creek Capital in 2022, prompting a foreclosure lawsuit. The developer reportedly delayed tax payments starting in 2024 and failed to repay the loan upon maturity.
Europe
- BlackRock-Backed Fund Acquires Holiday Parks: UK investment bank ABT Capital, through a leisure fund partially backed by BlackRock, acquired Darwin Escapes for £150 million. The transaction reflects a growing trend of expanding investment beyond traditional hotels into leisure and holiday park assets, transferring ownership of a key UK holiday destination portfolio.
- IHG Signs Four Hotels in the UK: IHG expanded its partnership with Fairview Hotels by signing four hotel agreements as of February 3, 2026. The 91-key Garner Hotel Rotherham East opened in January 2025, while the 114-key voco London – Bloomsbury is scheduled to reopen under the voco brand by mid-2026. The 91-key Garner Hotel Lincoln and 91-key Garner Hotel Chesterfield North are set to open in February 2026.
