2026/03/16 – 2026/03/29
Korea
- Hanwha Hotels & Resorts plans corporate bond issuance: Hanwha Hotels & Resorts is preparing to issue corporate bonds totaling KRW 70 billion, comprising KRW 30 billion in 1.5-year notes and KRW 40 billion in 2-year notes, with the possibility of upsizing to KRW 100 billion. Notably, the company has expanded the number of lead underwriters to eight in order to broaden its distribution network and mitigate financial burden and unsold asset risk associated with the acquisition of Ourhome. Although the issuance is primarily for refinancing, it reflects a more conservative approach to capital markets among lodging business–related conglomerate affiliates.
- Shinhan Seobu T&D REIT sells Nine Tree by Parnas Seoul Dongdaemun: Shinhan Seobu T&D REIT announced that its subsidiary will dispose of the land and building of “Nine Tree by Parnas Seoul Dongdaemun” for KRW 81 billion. The buyer is an individual investor, and the company stated that the transaction aims to enhance shareholder value through asset divestment. Amid continued investment demand for hotel assets in central Seoul, this transaction illustrates a broader trend of listed REITs monetizing hotel holdings to rebalance portfolios and realize investment returns. The closing is scheduled for April 17.
APAC
- Corinthia to develop hotel and branded residences in Chengdu Gaoxin District: Corinthia Hotels has signed a development agreement with ShiLong Industry and The Geminus Group for “Corinthia Chengdu” in the Gaoxin District of Chengdu, China. The project is planned as a mixed-use tower comprising approximately 150 hotel rooms and 60 branded residences, with a total investment of around RMB 4 billion. Although the opening is targeted for 2032, the project underscores the continued expansion of large-scale integrated lodging developments combining luxury hotels and residential components in China’s key growth cities.
- Hong Kong Regal Oriental Hotel acquired for student housing conversion: In Hong Kong, Centaline Investment has reportedly acquired the 494-room Regal Oriental Hotel for approximately HKD 1.5 billion and plans to invest an additional HKD 500 million to convert it into student accommodation. The target is to secure 6,000 student beds across Hong Kong within the next two to three years, with the first phase of this asset expected to open in September. This transaction highlights a growing trend in Asia of repositioning traditional hotel assets into alternative lodging formats driven by education-related demand.
Americas
- Nashville mixed-use hotel and residence development secures acquisition financing: In Nashville’s SoBro district, DAC Development has secured USD 15.5 million in acquisition financing for a luxury mixed-use hotel and residential project. The 53-story development will include a 405-room hotel and 104 branded residences, along with amenities such as a spa, rooftop bar, and large-scale banquet facilities. This project reflects the continued expansion of integrated developments targeting both lodging and residential demand in high-growth urban markets with strong tourism and population inflows.
- Three historic Texas hotels repositioned with bridge loan and C-PACE financing: Peachtree Group has provided a total of USD 18 million to acquire and renovate the Byways Hotel Portfolio in Alpine and Fort Davis, Texas. The financing structure consists of a USD 12 million USDA bridge loan and USD 6 million in C-PACE funding, covering three historic hotels totaling 78 rooms. The structure is notable for combining energy efficiency upgrades with the revitalization of historic assets, illustrating the renewed prominence of public-linked financing mechanisms in regional lodging asset markets in the U.S.
Europe
- PPHE secures £136.45 million financing for London Waterloo hotel acquisition: PPHE Hotel Group has secured a £136.45 million loan facility to acquire the freehold interest in Park Plaza London Waterloo. The financing reflects long-term confidence in prime London hotel assets despite ongoing interest rate and macroeconomic volatility. The transaction demonstrates that bank capital continues to flow into high-quality urban lodging assets, signaling a selective recovery trend in the European hotel investment market.
- Whitbread to develop Premier Inn at Limerick Opera Square: Whitbread, the parent company of Premier Inn, announced plans to acquire part of the Limerick Opera Square site and directly develop, own, and operate a 156-room hotel. The seven-story property forms part of Whitbread’s strategy to expand its Irish network to 5,000 rooms. As the first private-sector investment in the Opera Square development, the project is notable for combining urban regeneration with lodging supply expansion, representing a typical European model of integrated city-center development.
